the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) .
[['', 'bond term', 'bond authorized amount ( in millions )', 'amount drawn ( in millions )'], ['franklin kentucky distribution center', '30 years', '$ 54.0', '$ 51.8'], ['macon georgia distribution center', '15 years', '$ 58.0', '$ 49.9'], ['brentwood tennessee store support center', '10 years', '$ 78.0', '$ 75.3']]
due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .

Question: as of december 312017 what was the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center
Answer: 95.9%