Startup costs are included in the feasibility study and are listed in the financials. Startup costs are estimated to be $4.57M. Many cities amortize these costs over five years and may not pay the full amount in the first year. The $984,325 is the annual payment of a five-year note at a rate of 3.00 percent. This information can be found starting on page 18 of the feasibility study. The 2018 feasibility study listed the startup costs in total rather than as amortization over a 5-year period. The change seen in the current 2021 feasibility study compared to the 2018 feasibility study is due to the Governmental Affairs Committee requesting capital expenses be annualized in the summary table for consistency.