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Centerville TIF 1-8 <br />June 5, 2024 <br />Page 10 <br />Exhibit F <br />Centerville, MN <br />Centerville - Westview St. <br />104 Unit Residential Apartment Building <br />Developer Sources and Uses of Funds for Construction <br />Total% of TotalPer Unit <br />Sources of Funds <br />Loan$19,658,15365.0%$189,021 <br />Equity$10,585,15835.0%$101,780 <br />Total Sources of Funds$30,243,311100.0%$290,801 <br />Uses of Funds <br />Acquisition of property$1,600,0005.29%$15,385 <br />Site Improvements$2,500,0008.27%$24,038 <br />Construction Hard Costs and Permits$22,480,07074.33%$216,155 <br />All other costs and contingency$3,663,24112.11%$35,223 <br />Total Uses of Funds$30,243,311100.00%$290,801 <br />Number of Units*104 <br />Source: Developer application <br /> <br />