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5.4. ERMUSR 02-20-2007
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5.4. ERMUSR 02-20-2007
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3/19/2009 1:41:25 PM
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City Government
type
ERMUSR
date
2/20/2007
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BROOKINGS-TWIN CITIES DEVELOPMENT PROJECT AGREEMENT <br />ATTACHMENT 2 <br />ESTIMATED DEVELOPMENT PROJECT COSTS <br />The following estimate of the Development Project Costs associated with the <br />Development Project was prepared by the CapX Development Manager as of February <br />_2007. Allocable CMMPA costs have been estimated by CMMPA as of February 9, <br />2007. <br />Estimated Cost in 2006$ <br />1. Estimated Develo ment Pro~ect Costs $28,000,000 <br />2. Estimated CMMPA Brookin s Share 2.2% <br />3. Estimated CMMPA Brookin s Share $616,000 <br />4. Estimated Allocable CMMPA Costs $1,340,000 <br />5. Total Estimated Development Project Costs $1,956,000 <br />This total will be spread over a period of 3-5 years and each Participant shall be <br />responsible for their Election Share of Development Project Costs. <br />C:\Documents and Settings\Bryan\Local Settings\Temporary Internet Files\OLK53\Cap X Brookings 2-12-07 32 <br />clean.doc <br />
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