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5.1. SR 06-24-2002
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5.1. SR 06-24-2002
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1/21/2008 8:31:49 AM
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6/24/2002 3:21:46 PM
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JOHN C.EICHTAND SSOCIATES LLP <br /> <br />GENERAL CONTRACTORS <br />P.O. Box 368, Elk River, Minnesota 55330 BUltlIlNGS <br />Telephone: (763) 633-3600. Fax: (763) 633-3601 <br /> <br /> WITH NO <br /> TAX RRRATE FllqANCING <br /> SOURCES AND USES <br /> SOURCES <br /> Tax Rebate Financing 0 <br />TOTAL SOURCF.~ 4,720,000 <br /> USES /"< :-'=-" <br />Land < <br />Site Work <br />Soil Correotion' <br />Demolition <br />Relocation <br />Subtotal Land Costs 365,000 <br />Construction 3,626,000: <br />Finish Man-ficluring <br />Subtotal Comtmction Cost~ 3,626,000 <br />Tn.xes <br />Finance Feea 100,000 <br />Project Manager 184,000 <br />Developer Fee 92,000 <br />Contingency 253,000 <br />Subtotal SoR Co, ts 729,000 <br />TOTAL USES 4,720,000 <br /> Income Statement <br /> Sq. Ft. Pe~ S% Ft. <br />Rent-Space I 41,889 $12_50 523,612 <br />Rent-Space 2 4;834 $830 38,672 <br />Paddng la ~60.00 6,480 <br />Vacancy Los~ 10'A (56,a76) <br />Oper. F. xpense <br />Mottga~ 20 Term 387,038 <br /> <br /> <br />
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