My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
5.1. HRSR 12-06-2004
ElkRiver
>
City Government
>
Boards and Commissions
>
Housing & Redevelopment Authority
>
HRA Packets
>
2000-2009
>
2004
>
12-06-2004
>
5.1. HRSR 12-06-2004
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/15/2015 4:02:14 PM
Creation date
6/15/2015 3:59:29 PM
Metadata
Fields
Template:
City Government
type
HRSR
date
12/6/2004
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
113
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
CASH:FLOW STATEMENT <br /> Jackson Block Rental Housing <br /> SOURCES" <br /> OF TOTAL TOTALS <br /> First Mortgage-LMIR 19.94% 1,073,025 • <br /> DEED Funds 7.43% 400,000 <br /> Greater Minnesota Funds 3.72% 200,000 <br /> Local Donations 0.02% 1,000 <br /> Tax Incr_ement.(TIF)" <br /> 4:66% z ;25,0--;090, <br /> Limited Partner Investment 63.37% 3,409,835 <br /> Equity Gap 0.87% 46,716 <br /> TOTAL SOURCES 100.00% 5,380,577 <br /> USES �" <br /> Per Unit % OF TOTAL SUBTOTAL TOTALS <br /> ACQUISITION COSTS <br /> "LAND : , <br /> 0 <br /> DEMO-SITE PREP 0.00 0.00% 0 <br /> CONSTRUCTION COSTS 118,429 <br /> BUILDING/LAND IMPROVEMENTS 70.43% 3,789,736 <br /> Contingency 150,589 <br /> SOFT COSTS <br /> PROFESSIONAL SERVICES <br /> Architectural, Engineering & Professional Fees 2.93% 157,500 <br /> APPRAISALS 0 <br /> INSURANCE 0 <br /> ACCOUNTING 0 <br /> CITY FEES <br /> �_ <br /> 0 <br /> WAC.Fees s" ,, <br /> SAC fees <br /> Park Dedication 70,400.00 <br /> REAL ESTATE TAXES 0 <br /> COST OF ISSUANCE <br /> Interim Costs 5.45% 293,046 <br /> Financing fees and expenses 2.37% 127,768 <br /> Related Costs 1.50% 80,469 <br /> Syndication Costs 15,000 15,000 <br /> PERMANENT LOAN 0 <br /> ACCRUED EXPENSES 0 <br /> LETTERS OF CREDIT 0 <br /> CLOSING COSTS 0 <br /> PROJECT MANAGEMENT <br /> Developers"Overhead,,"., 3.81% 205,000` <br /> Developer Fee`°Limit 12%0 6.28°/0f.,,, .: .337,691 <br /> CASH ACCOUNTS 2.85% 153,378 <br /> Total Soft Costs . 1,440,251 <br /> TOTAL USES 100.00% 5,380,577 <br /> 411 <br /> Page 4 of 4 Metro Plains Development Agreement Proformas <br />
The URL can be used to link to this page
Your browser does not support the video tag.