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Cost Breakdown.
<br />W
<br />The a,pplica,nt has submitted the following cost breakdown:
<br />Land acquisition and sitie dev,ell,opme,nt
<br />Construction con,t,rac,ts
<br />Equipment acquisition and instal,l,ation
<br />Architectural a,n,d, engineering fees
<br />Legal f eles
<br />Interest dur )$I n
<br />1 g, construction
<br />Oi
<br />Initial biond re,se,rve
<br />Contingencies
<br />Bond discoun't or underwriter
<br />City bond consultant,
<br />City admi"nistrative expenses
<br />Miscellaneous fiees and closin,g cost,s,
<br />;t918657000
<br />In additi-on, any, and all city 6xpenses,, unpaid assessments or
<br />a,siseissm,en�tis plending but not. yet, leviled, will have to be ascer-
<br />tainedi and paid at th,e ti,me olf closing in accordance with the
<br />0 oty"s policy'O
<br />i
<br />4e Ecionomic Factors:
<br />6a Financial informatiion,
<br />The applicant has Submitted a $53,0100 non-irefundable deposit
<br />I
<br />and a $10,0010 refundable c,asih dieposit. to the City at the time of
<br />applica,tion. The applicant has submitted audited consolidated
<br />f di
<br />inancial statements for the, yearis ending December 31, 1984,
<br />1983, 19�18,2i and 19,811.
<br />701 Ciommen,ts, and Recommendations:
<br />Aissiuming the, proilect is of' the coin stiru,ct i on and type for
<br />which the citiy wil"shes to utilize its tiax exempt financing, then,
<br />oin relating to the title of the property
<br />should be, sup Plied prior to the time of closing,
<br />IM
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