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HH-AH-2020-004-HopeSource-Paulann-unsigned
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2020-08-18 10:00 AM - Commissioners' Agenda
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HH-AH-2020-004-HopeSource-Paulann-unsigned
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Last modified
8/13/2020 1:15:38 PM
Creation date
8/13/2020 1:15:08 PM
Metadata
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Template:
Meeting
Date
8/18/2020
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
e
Item
Request to Approve Agreement HH-AH-2020-004-HopeSource-Paulann
Order
5
Placement
Consent Agenda
Row ID
65752
Type
Contract
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Sample Pro Forma Single Family Rentals <br />County/Gity AH New Build <br />Project Name: <br />Developer: <br />Address: <br />Paulann <br />HopeSource <br />801 6th Ave <br />Uses <br />isition Costs: <br />Construction: <br />Contract n <br />Bond Premium <br />Construction ContinqencV 8o/o $ <br />Total Construction:, <br />Soft Costs <br />Total Development Cost:$ 1,595,000 <br />Demolition $ <br />Acquisition land and buildinq $ 1,500,000 <br />Total Acquisition $ 1,500,000 <br />Building Permit, License & Fees <br />or Rehab S <br />$ <br />Environmental: Site-Specific Review $ <br />uisiton Closi and Fees 90.000 <br />Title Search & Title lnsurance $ <br />Survey $ <br />Appraisal & Analysis of Rent Comparables 5,000 <br />Builder's Risk lnsurance <br />- Real Estate Taxes <br />Carrying Costs - Utilities <br />c Costs - Site <br />nds Maintenance $ <br />Furniture Fixtures & Equipment $ <br />Prefunded Replacement Reserve <br />Prefunded Operating and/or Rental Loss Reserves $ <br />Seller Legal and Recording Costs $ <br />Tenant Relocation <br />$ <br />Loan Fee <br />Construction Loan interest <br />lnsurance $ <br />Soft Cost Continqencv 0o/o <br />Developer Fee 0o/o <br />Total Soft Costs:$95,000
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