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2006-07-26 City Council Meeting
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2006-07-26 City Council Meeting
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7/21/2006 2:53:37 PM
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<br />FY 06 - 07 <br /> <br />COST ANALYSIS <br /> <br />15. What are the total redevelopment costs as defined on Page i? $ 13.457.000 <br />16. How much money are you seeking from DEED? 1.000,000 <br />(Up to 50% ofthe total redevelopment cost is eligible) <br />17. Fill out the budget table below indicating the sources, uses, and amounts of all funds (including TIF, <br />DEED requests, etc.) that will be used for eligible redevelopment costs as defined on Page i. The table <br />should indicate the total project budget, including any costs that have already been incurred. <br /> <br />Note: The 50% local match can come from any source. Money paid for eligible work completed up to <br />12 months prior to submission of this application can constitute local match. <br /> <br />BUDGET TABLE <br /> <br /> Already Date <br />Source of Fund Use of Fund Amount Incurred? Incurred <br /> (Y IN) <br />DEED Grant Street ROW Acquisition 241,785 N <br />DEED Grant Street ROW Construction 225,000 N <br />DEED Grant Parking Lot ROW Acquisition 533,215 N <br />City TIF Parking Lot ROW Acquisition 192,140 N <br />City TIF Parking Lot Construction 300,000 N <br />Private Developer Development Sites Acquisition 823,860 N <br />City TIF Water Main Construction 47,250 N <br />City TIF Demolition 109,250 N <br />Private Developer Building Construction 10,984,500 N <br /> TOTAL = 13,457,000 <br /> <br />4 <br /> <br />12/v <br />
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