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Gem Lake Workshop <br />Financial Feasibility <br />Scenario 1: Not financially feasible. For -sale housing units would need to be priced <br />over $600,000. Not enough housing units and commercial revenue is uncertain - <br />depends on tenants. <br />Scenario 2: Better than Scenario 1 but still not feasible. Community is .a. use that needs <br />funding and has ongoing maintenance expenses. Need clear funding sources and <br />income stream. <br />Scenario 3: Could `be feasible. Housing prices at $400,000 per unit. The retail could aid <br />the deVelopmenfs feasibility if it is dependable and pays strong rent. <br />4 of 7 <br />