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7.1. SR 06-09-2003
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7.1. SR 06-09-2003
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1/21/2008 8:32:40 AM
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6/9/2003 5:27:05 PM
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Sources: & Uses <br /> <br /> Bluff Block <br /> <br /> Elk River, Minnesota <br />SOURCES AND USES OF FUNDS <br /> <br />SOURCES <br /> Total Sale Price of Units <br /> Commercial Sale <br /> TIF-25 years <br /> <br /> Equity Gap <br />TOTAL SOURCES <br /> <br />Total <br />10,980,500 <br /> 984,877 <br /> 1,044,282 <br /> <br /> 1,436,926 <br />$14,446,585 <br /> <br />USES <br /> Land/Building <br /> Public Space <br /> Site Work-Environmental,and Improvements <br /> Demo <br /> Rehabilitation/New Construction <br /> Underground Parking <br /> Commercial Construction and Tenant lmpro <br /> Contingency <br /> Architectural and Engineering <br /> Interim Costs <br /> Financing Fees and Expenses <br /> Syndication Related Costs <br /> Related Costs <br /> Developer's Overhead/Profit <br /> Leasing and Sale Fees <br /> <br />Total <br />1,736,625 <br /> 0 <br /> 250,000 <br /> 200,000 <br />7,040,530 <br /> 600,000 <br /> 712,500 <br /> 515,085 <br /> 160,000 <br /> 848,011 <br /> 58,198 <br /> 30,000 <br /> 98,500 <br />1,310,599 <br /> 886,538 <br /> <br />TOTAL USES $14,446,585 <br /> <br /> <br />
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