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Interm Distribution Calculation - February 2000
Eron Mortgage Corporation
Interim Distribution
Summary of Project Positions at August 31, 1999 with Accumulated Interest
| |
US ($) |
US Exchange |
Cdn ($) |
% |
( $ Cdn) |
| Canadian Dollar Projects |
|
|
|
|
|
| Balak, Lee |
|
|
$ 175,805.38 |
0.79% |
$ 74,722.56 |
| Blake Davie |
|
|
141,813.87 |
0.63% |
60,275.15 |
| Castlegar |
|
|
1,327,801.93 |
5.94% |
564,355.68 |
| Discovery Ridge |
|
|
5,817,348.73 |
26.03% |
2,472,547.86 |
| Gaetz Crossing |
|
|
2,715,007.46 |
12.15% |
1,153,959.68 |
| Goodridge Peninsula |
|
|
324,005.23 |
1.45% |
137,711.95 |
| Meyer |
|
|
- |
0.00% |
- |
| E. Montagliani |
|
|
91,053.48 |
0.41% |
38,700.46 |
| Total Canadian $ Projects |
|
|
$ 10,592,836.09 |
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| US Dollar Projects |
|
|
|
|
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| Desert Springs |
$ 272,545.29 |
1.4433 |
$ 393,364.61 |
1.76% |
167,191.77 |
| Fairways Condo |
2,932,842.95 |
1.4433 |
4,232,972.23 |
18.94% |
1,799,140.28 |
| Morewood |
2,390,992.15 |
1.4433 |
3,450,918.98 |
15.44% |
1,466,744.17 |
| Raven |
2,550,592.68 |
1.4433 |
3,681,270.41 |
16.47% |
1,564,650.44 |
| Total US $ Projects |
$ 8,146,973.07 |
|
$ 11,758,526.23 |
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| Total Projects in Cdn $ |
|
|
$ 22,351,362.32 |
100.00% |
$ 9,500,000.00 |
If you have any questions about your project interim distribution please contact your project lender lead.
Calculations are preliminary and subject to further court order.

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