Morgan Stanley Capital I Trust 2017-H1 Form FWP Filed 2017-05-16

Total Page:16

File Type:pdf, Size:1020Kb

Morgan Stanley Capital I Trust 2017-H1 Form FWP Filed 2017-05-16 SECURITIES AND EXCHANGE COMMISSION FORM FWP Filing under Securities Act Rules 163/433 of free writing prospectuses Filing Date: 2017-05-16 SEC Accession No. 0001539497-17-000725 (HTML Version on secdatabase.com) SUBJECT COMPANY Morgan Stanley Capital I Trust 2017-H1 Mailing Address Business Address 1585 BROADWAY 1585 BROADWAY CIK:1705163| State of Incorp.:DE NEW YORK NY 10036 NEW YORK NY 10036 Type: FWP | Act: 34 | File No.: 333-206582-10 | Film No.: 17848666 212-761-4000 SIC: 6189 Asset-backed securities FILED BY Morgan Stanley Capital I Inc. Mailing Address Business Address 1585 BROADWAY 1585 BROADWAY CIK:1547361| IRS No.: 133291626 | State of Incorp.:DE NEW YORK NY 10036 NEW YORK NY 10036 Type: FWP 212-761-4000 SIC: 6189 Asset-backed securities Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document FREE WRITING PROSPECTUS FILED PURSUANT TO RULE 433 REGISTRATION FILE NO.: 333-206582-10 MSC 2017-H1 Free Writing Prospectus Structural and Collateral Term Sheet $1,089,866,186 (Approximate Total Mortgage Pool Balance) $938,647,000 (Approximate Offered Certificates) Morgan Stanley Capital I Inc. as Depositor Barclays Bank PLC Argentic Real Estate Finance LLC Morgan Stanley Mortgage Capital Holdings LLC Starwood Mortgage Funding III LLC Citi Real Estate Funding Inc. Citigroup Global Markets Realty Corp. as Sponsors and Mortgage Loan Sellers Commercial Mortgage Pass-Through Certificates Series 2017-H1 May 16, 2017 MORGAN STANLEY Citigroup Barclays Co-Lead Bookrunning Manager Co-Lead Bookrunning Manager Co-Lead Bookrunning Manager STATEMENT REGARDING THIS FREE WRITING PROSPECTUS The depositor has filed a registration statement (including a prospectus) with the SEC (File No. 333-206582) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Alternatively, the depositor or any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll free 1-866-718-1649 or by email to [email protected]. This is not a research report and was not prepared by any Underwriter’s research department. It was prepared by the Underwriters’ sales, trading, banking or other non-research personnel. Please see additional important information and qualifications at the end of this Term Sheet. Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Neither this Term Sheet nor anything contained herein shall form the basis for any contract or commitment whatsoever. The information contained herein is preliminary as of the date hereof. This Term Sheet is subject to change, completion or amendment from time to time. The information contained herein will be superseded by similar information delivered to you as part of the Preliminary Prospectus. The information contained herein supersedes any such information previously delivered. The information contained herein should be reviewed only in conjunction with the entire Preliminary Prospectus. All of the information contained herein is subject to the same limitations and qualifications contained in the Preliminary Prospectus. The information contained herein does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described in the Preliminary Prospectus. The information contained herein will be more fully described in the Preliminary Prospectus. The information contained herein should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Preliminary Prospectus in its entirety. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this Term Sheet is truthful or complete. Any representation to the contrary is a criminal offense. IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this Term Sheet may have been attached are not applicable to this Term Sheet and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this Term Sheet having been sent via Bloomberg or another email system. IMPORTANT NOTICE REGARDING THE CONDITIONS FOR THIS OFFERING OF ASSET-BACKED SECURITIES THE ASSET-BACKED SECURITIES REFERRED TO IN THIS TERM SHEET ARE BEING OFFERED WHEN, AS AND IF ISSUED. IN PARTICULAR, YOU ARE ADVISED THAT THE ASSET-BACKED SECURITIES, AND THE ASSET POOL BACKING THEM, ARE SUBJECT TO MODIFICATION OR REVISION (INCLUDING, AMONG OTHER THINGS, THE POSSIBILITY THAT ONE OR MORE CLASSES OF SECURITIES MAY BE SPLIT, COMBINED OR ELIMINATED), AT ANY TIME PRIOR TO ISSUANCE OR AVAILABILITY OF A FINAL PROSPECTUS. AS A RESULT, YOU MAY COMMIT TO PURCHASE SECURITIES THAT HAVE CHARACTERISTICS THAT MAY CHANGE, AND YOU ARE ADVISED THAT ALL OR A PORTION OF THE SECURITIES MAY NOT BE ISSUED THAT HAVE THE CHARACTERISTICS DESCRIBED IN THIS TERM SHEET. OUR OBLIGATION TO SELL SECURITIES TO YOU IS CONDITIONED ON THE SECURITIES AND THE UNDERLYING TRANSACTION HAVING THE CHARACTERISTICS DESCRIBED IN THIS TERM SHEET. IF WE DETERMINE THAT THE FOREGOING CONDITION IS NOT SATISFIED IN ANY MATERIAL RESPECT, WE WILL NOTIFY YOU, AND NEITHER THE ISSUING ENTITY NOR ANY UNDERWRITER WILL HAVE ANY OBLIGATION TO YOU TO DELIVER ALL OR ANY PORTION OF THE SECURITIES WHICH YOU HAVE COMMITTED TO PURCHASE, AND THERE WILL BE NO LIABILITY BETWEEN US AS A CONSEQUENCE OF THE NON-DELIVERY. This is not a research report and was not prepared by any Underwriter’s research department. Please see additional important information and qualifications at the end of this Term Sheet. T-3 Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document MSC 2017-H1 Structural Overview Offered Certificates Approximate Initial Expected Expected Certificate Certificate Expected Ratings Certificate Approximate Pass- Through Weighted Principal Principal UW Principal Class (DBRS/Fitch/ Principal Initial Credit (1) (3) Rate Average Life Window NOI Debt to Value Moody’s) Balance Support (4) (4) (5) (6) or Notional Description (Years) (Months) Yield Ratio Amount(2) Class A-1 AAA(sf)/AAAsf/Aaa(sf) $34,500,000 30.000% (7) 2.75 1 – 57 15.3% 42.6% Class A-2 AAA(sf)/AAAsf/Aaa(sf) $88,000,000 30.000% (7) 4.85 57 – 59 15.3% 42.6% Class A-SB AAA(sf)/AAAsf/Aaa(sf) $50,200,000 30.000% (7) 6.97 59 – 103 15.3% 42.6% Class A-3 AAA(sf)/AAAsf/Aaa(sf) $41,900,000 30.000% (7) 6.94 83 – 83 15.3% 42.6% Class A-4 AAA(sf)/AAAsf/Aaa(sf) $245,000,000 30.000% (7) 9.56 103 – 117 15.3% 42.6% Class A-5 AAA(sf)/AAAsf/Aaa(sf) $303,306,000 30.000% (7) 9.88 117 – 119 15.3% 42.6% Variable Class X-A AAA(sf)/AAAsf/Aaa(sf) $762,906,000(8) N/A N/A N/A N/A N/A IO(9) Variable Class X-B AA(low)(sf)/A-sf/NR $175,741,000(8) N/A N/A N/A N/A N/A IO(9) Class A-S AAA(sf)/AAAsf/Aa2(sf) $69,479,000 23.625% (7) 9.94 119 – 119 14.0% 46.5% Class B AA(high)(sf)/AA-sf/NR $54,493,000 18.625% (7) 9.94 119 – 119 13.1% 49.6% Class C A(high)(sf)/A-sf/NR $51,769,000 13.875% (7) 9.94 119 – 119 12.4% 52.5% Privately Offered Certificates(10) Approximate Initial Expected Expected Certificate Certificate Expected Ratings Certificate Approximate Pass- Through Weighted Principal Principal UW Principal Class (DBRS/Fitch/ Principal Initial Credit (1) (3) Rate Average Life Window NOI Debt to Value Moody’s) Balance Support (4) (4) (5) (6) or Notional Description (Years) (Months) Yield Ratio Amount(2) Class X- Variable A(sf)/BBB-sf/NR $37,873,000(8) N/A N/A N/A N/A N/A D(11) IO(9) Class D(11) A(low)(sf)/BBB-sf/NR $37,873,000 10.400% (7) 9.99 119 – 120 11.9% 54.6% Class E- BBB(sf)/BBB-sf/NR $23,432,000 8.250% (7) 10.02 120 – 120 11.7% 55.9% RR(11) Class F- BBB(low)(sf)/NR/NR $24,522,000 6.000% (7) 10.02 120 – 120 11.4% 57.2% RR(11) Class G- BB(low)(sf)/NR/NR $20,435,000 4.125% (7) 10.02 120 – 120 11.2% 58.4% RR(11) Class H- B(low)(sf)/NR/NR $17,710,000 2.500% (7) 10.02 120 – 120 11.0% 59.4% RR(11) Class J- NR/NR/NR $27,247,186 0.000% (7) 10.02 120 – 120 10.7% 60.9% RR(11) Ratings shown are those of Fitch Ratings, Inc. (“Fitch”), DBRS, Inc.(“DBRS”) and Moody’s Investors Service, Inc. (“Moody’s”). Certain nationally recognized statistical rating organizations that were not hired by the depositor may use information they receive pursuant to Rule 17g-5 under the Securities Exchange Act of 1934, as amended, or otherwise to rate the certificates. There can be no assurance as to what ratings a non-hired nationally recognized statistical rating organization would assign.
Recommended publications
  • Online Dispute Resolution
    Online Dispute Resolution: A Modern ADR Approach Effective Dispute Resolution in the Health Care Industry: Progress and Opportunities Mediating Family and Divorce Cases in Louisiana Casenote: Arbitration LegierCo haystack NO Mag Aug09 8/12/09 4:37 PM Page 1 The Needle In A Haystack how we can help you file Ask Claims utilizing BP Oil Spill the latest court-supervised settlement methodology. Complex financial litigation cases often require the engagement of experts who can find “the needle in a haystack.” A substantial edge is gained when you have Legier & Company’s Forensic & Investigative CPA and Expert Witness Group on your team to help you find obscured financial facts that build and prove stronger cases. Expert Testimony • Fraud • Forensic & Investigative Accounting • Calculating and Refuting Financial Damages Business Valuations • Bankruptcies • Shareholder Disputes • Lost Profits • Business Interruptions Lost Wages • Corporate Veil Piercing • Marital Dissolutions For more information, contact William R. Legier (504) 599-8300 1100 Poydras Street • 34th Floor • Energy Centre • New Orleans, LA 70163 Telephone (504) 561-0020 • Facsimile (504) 561-0023 • http://www.legier.com Louisiana Bar Journal Vol. 62, No. 3 169 170 October / November 2014 ® October / November 2014 Volume 62, Number 3 Departments Features Editor’s Message .................. 175 Online Dispute Resolution: A Modern ADR Approach President’s Message ............ 176 By Paul W. Breaux .................................................................................................178 Association Actions .............. 194 Practice Management........... 202 Effective Dispute Resolution in the Health Care Industry: Progress and Opportunities Lawyers Assistance .............. 203 By R. Christopher Martin ......................................................................................182 Focus on Professionalism .... 204 Puzzle ................................... 206 Mediating Family and Divorce Cases in Louisiana By Charles N. Branton, Pamela N.
    [Show full text]
  • Christiana Town Center 9 Urban Air Adventure Park 260 33,513 Situate In: White Clay Creek, New Castle County, Delaware
    DELAWARE TURNPIKE I95 FUTURE RELIEF ROUTE CONNECTOR DELAWARE ROUTECHRISTIANA 1 DELAWARE ROUTE 273 MALL EDGE RUN RD SITE CHRISTIANA FASHION CENTER STANTON CHRISTIANA ROAD BROWNS LN CHAPMAN RD UNIVERSITY W MAIN STREET DELAWARE TURNPIKE I95 LAWRENCEPLAZA DR DELAWARE ROUTE 273 DELAWARE ROUTE 1 CHRISTIANA RD 221 LOADING ROUTE 273 (VARYING WIDTH R/W) LOADING LOADING LOADING 11 RED ROBIN 129 7,000 S.F. ELEC./ 1 SPRINK. LOADING LOADING 200' 175' 4 200' 8B RESTORATION 2 3 5 6 7 8A HARDWARE OLD NAVY STAPLES BED BATH JOANN BOSCOV'S BUY BUY BABY 9 CLUB CHAMPION 250' 170 10A 10B 10C 130' 10D FIVE BELOW 27 2,747 S.F. 19,000 S.F. 20,000 S.F. & BEYOND 36,250 S.F. 189,292 S.F. 30,057 S.F. 2,141 S.F. URBAN AIR ADVENTURE PARK 100' OUTLET 25200 S.F. 10,000 S.F. 25,200 S.F. 12,000 S.F. 100' 280' 37,500 S.F. GOLF 33,513 S.F. 31,000 S.F. 8000 S.F. 5A 155' 95' 100' 133' 20' 27' 260' 133' 100' 144' 120' LOADING 150' 50' 175' 305' LOADING 28,000 S.F. 17 323 216 100 360 LOADING W MAIN STREET 280' 12 FAMOUS 238 444 DAVE'S 7,500 S.F. 100' DUMPSTER AREA LOADING LOADING 132' 15 150 70' 184 8000 S.F. 90' 16 190 8,100 S.F. 149 LOADING 100' 92 90' 14 FUTURE RELIEF ROUTE CONNECTOR 115 13 8,000 S.F. 80' BERTUCCI'S 5,800 S.F. W MAIN STREET STORE TENANT FRONTAGE AREA (SQ.FT)+/- RESTORATION HARDWARE 1 155 31,000 OUTLET 2 OLD NAVY 95 19,000 3 STAPLES 100 20,000 EXISTING SWMA 4 BED BATH & BEYOND 150 37,500 BROWNS LANE 5 JOANN 175 36,250 NEURYS LANE 5A FIVE BELOW 50 8,000 6 BOSCOV'S 305 189,292 NEURYS LANE 7 BUY BUY BABY 133 30,057 LEASING PLAN 8A AVAILABLE 20 2,141 FOR 8B CLUB CHAMPION GOLF 27 2,747 CHRISTIANA TOWN CENTER 9 URBAN AIR ADVENTURE PARK 260 33,513 SITUATE IN: WHITE CLAY CREEK, NEW CASTLE COUNTY, DELAWARE nd Ass LEGEND: s a oc n ia Karins and Associates 10A FUTURE EXPANSION 55,200 ri t a N e date s ENGINEERS ● PLANNERS ● SURVEYORS K W E 1/14/19 RESTAURANT E S NEWARK, DE & GEORGETOWN, DE s n r g 10B FUTURE EXPANSION o www.karinsengineering.com 105,230 i n y GROSS LEASABLE AREA: 554,742 S.F.
    [Show full text]
  • Fuel Buses: a Case Study of the Delaware Authority For
    LIFE-CYCLE COST AND EMISSIONS ASSESSMENT OF ALTERNATIVE- FUEL BUSES: A CASE STUDY OF THE DELAWARE AUTHORITY FOR REGIONAL TRANSIT (DART) by Amirhossein Shahpar A thesis submitted to the Faculty of the University of Delaware in partial fulfillment of the requirements for the degree of Master of Civil Engineering Summer 2010 Copyright 2010 Amirhossein Shahpar All Rights Reserved LIFE-CYCLE COST AND EMISSIONS ASSESSMENT OF ALTERNATIVE- FUEL BUSES: A CASE STUDY OF THE DELAWARE AUTHORITY FOR REGIONAL TRANSIT (DART) by Amirhossein Shahpar Approved: __________________________________________________________ Ardeshir Faghri, Ph.D. Professor in charge of thesis on behalf of the Advisory Committee Approved: __________________________________________________________ Harry Shenton III, Ph.D. Chair of the Department of Civil and Environmental Engineering Approved: __________________________________________________________ Michael Chajes, Ph.D. Dean of the College of Engineering Approved: __________________________________________________________ Debra Hess Norris, M.S. Vice Provost for Graduate and Professional Education ACKNOWLEDGMENTS I would like to thank Dr. Ardeshir Faghri for his encouragement, patience, and guidance throughout the course of my graduate study. His comments and advice not only helped me to stay on track but also assisted me to get the most out of my time at the University of Delaware. I would like to thank Mr. Mark Glaze, Delaware Department of Transportation’s project manager and Mr. Brett Taylor, Delaware Department of Transportation’s financial and legislative policy advisor, for their comments and suggestions on my research work. I am thankful for Mr. Stephen Kingsberry, Executive Director of DART, for his patience and providing the necessary information for this study. His advice also was invaluable and helped me to make right assumptions whenever needed.
    [Show full text]
  • New Castle County
    State of Delaware Department of Transportation Capital Transportation Program FY 2011 – FY 2016 New Castle County NewStatewide Castle - GrantsCounty & Allocations - Grants & Allocations 204 State of Delaware Department of Transportation Capital Transportation Program FY 2011 – FY 2016 Road Systems New Castle County - Road Systems 205 State of Delaware Department of Transportation Capital Transportation Program FY 2011 – FY 2016 Expressways New Castle County - Road Systems - Expressways 206 State of Delaware Department of Transportation Capital Transportation Program FY 2011 – FY 2016 Project Title Primavera # Project # Glenville Subdivision Improvements 09-00122 T200904401 Project This project involves the reconstruction of the remaining streets and sidewalks in the Glenville Subdivision as a result of DelDOTs Glenville Wetland Bank Project. The project will Description provide a connector road between Harbeson and East Netherfield. Project This project is a continuation of the Glenville Wetland Banking project that will restore the remaining subdivison streets and reconnect the Glenville Subdivision Justification Funding Program ROAD SYSTEMS EXPRESSWAYS Senatorial District(s) 9 Representative District(s) 19 New Castle County - Road Systems - Expressways 207 State of Delaware Department of Transportation Capital Transportation Program FY 2011 – FY 2016 Glenville Subdivision Improvements PROJECT AUTHORIZATION SCHEDULE IN ($000) FY 2011 FY 2012 FY 2013 FY 2014 PROJECT CURRENT STATE FEDERAL PHASE FUNDING SOURCE NUMBER ESTIMATE TOTAL TOTAL
    [Show full text]
  • Garrett Woods TIS Review Letter
    Nicole Majeski secretary June 17, 2021 Mr. Michael Kaszyski Duffield Associates, Inc. 5400 Limestone Road Wilmington, DE 19808 Dear Mr. Kaszyski: The enclosed Traffic Impact Study (TIS) review letter for the proposed Garrett Woods (Tax Parcels 10-028.00-052 and 10.028.00-030) development has been completed under the responsible charge of a registered professional engineer whose firm is authorized to work in the State of Delaware. They have found the TIS to conform to DelDOT’s Development Coordination Manual and other accepted practices and procedures for such studies. DelDOT accepts this letter and concurs with the recommendations. If you have any questions concerning this letter or the enclosed review letter, please contact me at (302) 760-2124. Sincerely, Claudy Joinville Project Engineer CJ:km Enclosures cc with enclosures: Mr. David Cantera, Owner Trustee Mr. Larry Tarabicos, Tarabicos Grosso Mr. David Edgell, Office of State Planning Coordination Mr. George Haggerty, New Castle County Department of Land Use Mr. Owen Robatino, New Castle County Department of Land Use Mr. Mark Wolanski, New Castle County Department of Land Use Mr. Mir Wahed, Johnson, Mirmiran & Thompson, Inc. Ms. Joanne Arellano, Johnson, Mirmiran & Thompson, Inc. DelDOT Distribution DelDOT Distribution Brad Eaby, Deputy Attorney General Shanté Hastings, Deputy Secretary J. Marc Coté, Director, Planning Mark Luszcz, Deputy Director, DOTS Todd Sammons, Assistant Director, Development Coordination T.William Brockenbrough, Jr., County Coordinator, Development Coordination
    [Show full text]
  • Delaware's 2005 Submission Comments
    July 5, 2006 Office of Highway Policy Information Federal Highway Administration 400 Seventh Street, S.W. Washington, D.C. 20590 Attention: HPPI-20, Room 3306 RE: Delaware HPMS 2005 Dear Sir/Madam: We are submitting herewith the 2005 HPMS Data in accordance with the reporting requirements. Area and Population The 2005 HPMS information reflects the 2000-Census Urban Boundaries. The Land area and Population are presented below: Location Area (Square Miles) 2005 Population Middletown, DE 3.5 6,605 Dover, DE 58.6 70,042 Georgetown, DE 3.6 8,221 Lewes, DE 17.3 17,695 Long Neck, DE 11.8 9,581 Milford, DE - Kent 5.5 5,564 Milford, DE - Sussex 6.3 8,369 Ocean View, DE 10.4 9,506 Philadelphia, PA--NJ--DE--MD 188.2 478,752 Salisbury, MD--DE 0.6 1,217 Seaford, DE 15.6 22,613 Smyrna, DE - Kent 6.0 15,221 Smyrna, DE - New Castle 1.1 70 Rural 1,625.50 190,067 Total Urban 328.50 653,457 Total Rural 1,625.50 190,067 Total State 1954 843,524 Chief, Highway Systems Performance Division July 5, 2006 Page 2 of 36 The Land Area was calculated in accordance with HPMS guidelines. This year’s calculations correctly match the 2000 Census measurements of Delaware’s total land area of 1954 square miles. Based on the 2000 Census data, the Delaware Population Consortium provided the following population data and forecasts by each county of the State. Area (Square County Population Miles) 2000 2003 2004 2005 Census New Castle 427 500,265 515,074 520,239 523,008 Kent 589 126,697 134,390 136,096 143,968 Sussex 938 156,638 168,027 172,085 176,548 Total State 1954 783,600 817,491 828,420 843,524 Source: DE Population Consortium, 2006 2005 Delaware Certification Public Mileage On June 15, 2006, Delaware reported 2005 Certified Public Mileage to the FHWA.
    [Show full text]
  • City of New Orleans, Louisiana
    CITY OF NEW ORLEANS, LOUISIANA COMPREHENSIVE ANNUAL FINANCIAL REPORT DECEMBER 31,2017 (WITH INDEPENDENT AUDITORS' REPORT THEREON) Prepared by the Finance Department of the City ofNew Orleans Postlethwaite & Netterville wVAVf1ncpacom CITY OF NEW ORLEANS, LOUISIANA Comprehensive Annual Financial Report December 31, 20 I 7 (With Independent Auditors' Report Thereon) CITY OF NEW ORLEANS, LOUISIANA Comprehensive Annual Financial Report Table of Contents Page lntmd uctiou Section (unaudited) Letter of Transmittal iv Government Officials - Elected and Appointed XIV New Orleans City Government Organizational Chart XV Financial Section Exhibit Page Independent Auditors' Report Management's Discussion and Analysis 5 Basic Financial Statements: Statement of Net Position A-1 17 Statement of Activities A-2 18 Balance Sheet- Governmental Funds A-3 19 Reconciliation of Balance Sheet- Governmental Funds to the Statement of Net Position A-4 20 Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds A-5 21 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities A-6 22 Statement of Fiducimy Net Position A-7 23 Statement of Changes in Fiducia1y Net Position A-8 24 Component Units- Combining Statement of Net Position A-9 25 Component Units - Combining Statement of Activities A-10 27 Notes to Basic Financial Statements 28 CITY OF NEW ORLEANS, LOUISIANA Comprehensive Annual Financial Report Table of Contents Financial Section (continued) Exhibit Page Required Supplementary Infonnation Notes to Required Supplementary Information 91 Schedule of Revenues, Expenditures, and Changes in Fund Balance- Budget (Non-GAAP Budgetary Basis) and Actual- General Fund B-1 92 Budget to GAAP Reconciliation B-2 93 Required Supplementary lnfonnation Under GASB Statement Nos.
    [Show full text]
  • City of New Orleans, Louisiana
    CITY OF NEW ORLEANS, LOUISIANA COMPREHENSIVE ANNUAL FINANCIAL REPORT DECEMBER 31, 2018 (WITH INDEPENDENT AUDITORS' REPORT THEREON) Prepared by the Finance Department of the City ofNew Orleans Postlethwaite & Netterville A Professional Accounttng Corporation wwwpncpa com CITY OF NEW ORLEANS, LOUISIANA Comprehensive Annual Financial Report December 31, 2018 (With Independent Auditors' Report Thereon) CITY OF NEW ORLEANS, LOillSIANA Comprehensive Annual Financial Report Table of Contents Page Introduction Section (unaudited) Letter of Transmittal lV- Xl Government Officials - Elected Xll New Orleans City Government Organizational Chart Xlll Financial Section Exhibit Page Independent Auditors' Report 1-4 Management's Discussion and Analysis 5- 15 Basic Financial Statements: Statement of Net Position A-1 16 Statement of Activities A-2 17 Balance Sheet - Governmental Funds A-3 18 Reconciliation of Balance Sheet- Governmental Funds to the Statement of Net Position A-4 19 Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds A-5 20 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities A-6 21 Statement of Fiduciary Net Position A-7 22 Statement of Changes in Fiduciary Net Position A-8 23 Component Units- Combining Statement of Net Position A-9 24-25 Component Units - Combining Statement of Activities A-10 26 Notes to Basic Financial Statements 27-86 CITY OF NEW ORLEANS, LOUISIANA Comprehensive Annual Financial Report Table of Contents Financial Section (continued) Exhibit Page Required Supplementary Information Notes to Required Supplementary Information 87 Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget (Non-GAAP Budgetary Basis) and Actual - General Fund B-1 88 Budget to GAAP Reconciliation B-2 89 Required Supplementary Information Under GASB Statement Nos.
    [Show full text]
  • Delaware SPCA FTOA Review Letter
    November 12, 2014 Mr. Troy E. Brestel Project Engineer DelDOT Division of Planning P.O. Box 778 Dover, DE 19903 RE: Agreement No. 1529 Traffic Impact Study Services Task No. 19A Subtask 6A – Delaware SPCA Commercial Development Dear Mr. Brestel, McCormick Taylor has completed its review of the Traffic Operational Analysis (TOA) for the Delaware SPCA commercial development prepared by The Traffic Group, Inc. (TTG), dated September 10, 2013. This review was assigned as Task Number 19A (Subtask 6A). TTG prepared the report in a manner generally consistent with DelDOT’s Standards and Regulations for Subdivision Streets and State Highway Access. The TOA evaluates impacts of the Delaware SPCA commercial development, proposed to be located on the west side of Stanton-Christiana Road (Delaware Route 7 / New Castle Road 67), approximately 1,950 feet north of Churchmans Road (Delaware Road 58 / New Castle Road 339), within New Castle County, Delaware. The proposed development would consist of a 5,125 square-foot convenience store with 20 fueling stations, a 4,000 square-foot fast food restaurant with drive-through window, and an 11,700 square-foot specialty retail center, all on approximately 21 acres of land. Two full-movement access points are proposed, both on Frontage Road (New Castle Road 336B). The North Site Access would serve as the new western leg of the intersection of Frontage Road and Frontage Road, and the South Site Access would connect to Frontage Road near the south end of the SPCA property. Construction is anticipated to be complete by 2015. Per DelDOT’s TOA Scoping Meeting Minutes dated January 23, 2013, TTG evaluated future conditions without and with the proposed Delaware SPCA commercial development.
    [Show full text]
  • City of Newark Delaware
    CITY OF NEWARK DELAWARE PLANNING COMMISSION MEETING October 2, 2007 7:30 p.m. Present at the 7:30 p.m. meeting were: Chairman: James Bowman Commissioners: Ralph Begleiter Angela Dressel Chris Hamilton Mary Lou McDowell Rob Osborne Joe Russell Staff Present: Roy H. Lopata, Planning Director Chairman James Bowman called the Planning Commission meeting to order at 7:30 p.m. 1. THE MINUTES OF THE SEPTEMBER 4, 2007 PLANNING COMMISSION MEETING. The minutes of the September 4, 2007 Planning Commission meeting were accepted as received. 2. ELECTION OF OFFICERS. Mr. Bowman: The Acting Chair will entertain a nomination for the position of Chairman of the Planning Commission. MOTION BY MS. McDOWELL, SECONDED BY MR. BEGLEITER TO ELECT ACTING CHAIRMAN JAMES BOWMAN AS CHAIRMAN OF THE PLANNING COMMISSION. VOTE: 7-0 AYE: BEGLEITER, BOWMAN, DRESSEL, HAMILTON, McDOWELL, OSBORNE, RUSSELL NAY: NONE MOTION PASSED UNANIMOUSLY Mr. Bowman: The Chair will now entertain a nomination for Vice Chairman. MOTION BY MS. McDOWELL, SECONDED BY MS. DRESSEL TO ELECT ACTING VICE CHAIRMAN RALPH BEGLEITER AS VICE CHAIRMAN OF THE PLANNING COMMISSION. VOTE: 7-0 AYE: BEGLEITER, BOWMAN, DRESSEL, HAMILTON, McDOWELL, OSBORNE, RUSSELL NAY: NONE MOTION PASSED UNANIMOUSLY Mr. Bowman: And nominations for Secretary? MOTION BY MS. DRESSEL, SECONDED BY MS. McDOWELL TO ELECT ELIZABETH DOWELL AS SECRETARY OF THE PLANNING COMMISSION. VOTE: 7-0 AYE: BEGLEITER, BOWMAN, DRESSEL, HAMILTON, McDOWELL, OSBORNE, RUSSELL NAY: NONE MOTION PASSED UNANIMOUSLY 3. REVIEW AND CONSIDERATION OF THE MAJOR SUBDIVISION OF THE 120.391 ACRE NEWARK COUNTRY CLUB PROPERTY ON NOTTINGHAM ROAD FOR A 271 UNIT SINGLE-FAMILY DEVELOPMENT TO BE KNOWN AS COUNTRY CLUB ESTATES.
    [Show full text]
  • New Orleans C L a S S - a Office Space Opportunities
    DOWNTOWN New Orleans C l a s s - A Office Space Opportunities June 10, 2020 1 Class-A Office Space :: Downtown New Orleans Index of Opportunities Property Name Page No. Hancock Whitney Center (One Shell Square) 5. Place St Charles 12. Energy Centre 19. Pan American Life Center 30. One Canal Place 36. Regions Center | 400 Poydras 51. First Bank and Trust Tower 59. Benson Tower 68. 1515 Poydras Building 70. Entergy Corp. Building 79. DXC.technology Building 82. 1555 Poydras Building 89. Poydras Center 96. 1250 Poydras Plaza 105. 1010 Common Building 109. Orleans Tower | 1340 Poydras 111. 2 Downtown New Orleans Office Market Overview: Downtown New Orleans offers an affordable Class-A office market totaling 8.9 million square feet. Significant new office leases include the following: Hancock-Whitney Bank, seven floors at Hancock Whitney Center (One Shell Square) Accruent, a technology firm, leased an entire floor, 22,594 square feet, at 400 Poydras DXC.Technology announced a long term lease at 1615 Poydras, leasing two floors IMTT announced a long term lease at 400 Poydras 2020 Class A office occupancy: 87% occupied 14 total Class-A properties Average building size, 637,737 square feet $19.75 average rent per square foot) 8,928,318 total leasable Class A office space in market Class A office towers in New Orleans, ranked by total leasable square feet: Hancock Whitney Center 92% leased 1,256,991 SF Place St Charles 91% leased 1,004,484 SF Energy Centre 85% leased 761,500 SF Pan-American Life Center 83% leased 671,833 SF One Canal Place 82% leased 630,581 SF Regions Center/400 Poydras 86% leased 608,608 SF First Bank & Trust Tower 89% leased 545,157 SF Benson Tower 99% leased 540,208 SF 1515 Poydras Building 59% leased 529,474 SF Entergy Corp.
    [Show full text]
  • Annual Office Market Report
    2016 Greater New Orleans Annual Office Market Report Greater New Orleans Corporate Realty, Inc . is proud to present our Fifth Annual Greater New Orleans Office Market Report. Market Overview . 2 We publish this report to give the reader a broad understanding of the Greater New Orleans Central Business District . 4 market as well as specific information about occupancy and rental rates of each office Orleans Parish, Non-CBD . 8 building. With data from 2012 - 2016, this report offers a snapshot of the current market and analyzes market trends. This year the graphs include data from 2012 (our first year), East Metairie . 10 2015 and 2016 to provide historical context. West Metairie/Kenner . 14 In addition to listing basic occupancy and rate information for every non-medical office building greater than 20,000 square feet in the Greater New Orleans region, Corporate Elmwood . 15 Realty’s office specialists have written narratives of each submarket to share the general story of the market. North Shore . 16 Every year, we strive to improve our report and include accurate and comprehensive market West Bank . 18 data. While the methodology remains consistent to provide comparable historic market data, St . Charles Parish . 19 we use the narratives of each submarket to highlight changes in the market and how it is reflected in our report. Corporate Realty’s Office Specialists . 20 In addition to this annual report, Corporate Realty publishes quarterly reports of the office market compiled by Bruce Sossaman . These reports present an immediate snapshot of the market and can be found on our website alongside previous annual reports at corp-realty .com .
    [Show full text]