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Amendment 1- HH-CIP- FE
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02. February
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2022-02-15 10:00 AM - Commissioners' Agenda
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Amendment 1- HH-CIP- FE
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Last modified
2/10/2022 1:02:54 PM
Creation date
2/10/2022 1:01:14 PM
Metadata
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Template:
Meeting
Date
2/15/2022
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
d
Item
Request to Approve Amendment No. 2 to Contract HH-2020-002-HopeSource-CIP between HopeSource and Kittitas County
Order
4
Placement
Consent Agenda
Row ID
86034
Type
Contract
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Trash removal 3.000 <br />t <br />I <br />Other t <br />Total <br />Taxes <br />lnsurance 2,100 <br />Iaxas: <br />$ <br />7,100 <br />Expensgs .'18,240 <br />Sample Pro Forma Single Family Rentals <br />$ <br />s <br />0 <br />$ <br />s <br />$ <br />$ <br />s <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />750 <br />1,050 <br />1,250 <br />525 <br />1,775 <br />4,560 <br />NOI Before Reserues & Debt Syc..15,504$ <br />Reserves <br />3,876 <br />375 <br />375 <br />3,126 <br />2,977 <br />149 <br />$51,967 <br />s e Debt Service Calculation: <br />Per Unit Annual <br />Replaqement Reserve $25 $1.500 <br />Operating Reserve 25 $1,500 <br />Cashflow Before Debt $12,504 <br />Service Terms $11.908.81 <br />Cashflow After oeatserviffi t596.& <br />Kequreo uspr uervlce Coverage (Ratio):1.05 <br />Loan 30 <br />lnterest Rate 4o/o <br />Deht on Terms Above:$869.50
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