Date Updated 11/7/2005
Capital Budget
Timberline Bu
Development Budget Assumptions
Land Soft Cost Municipal Fees, Permits & Mitigation Architectural & Engineering Marketing, Preleasing and Retail Legal & Closing OH / Development Fees Refundable Deposits Soft Cost Contingency Subtotal Soft Cost Hard Cost BRE's General Conditions GC's General Conditions Land Development Construction Hard Costs General Contractor Fees GC Subtotal Hard Cost Contingency Hard Cost Inflation Total Hard Cost Contingency Subtotal Hard Cost $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
Total
Per Unit
33,250,000 2,055,660 1,799,105 900,000 336,711 3,942,995 684,479 9,718,950 3,987,807 5,478,743 38,990,524 3,423,927 47,893,194 4,231,137 4,231,137 56,112,138
$ 117,077 $ 7,238 $ 6,335 $ 3,169 $ 1,186 $ 13,884 $ $ 2,410 $ 34,222 $ $ $ $ $ $ $ $ $ $ 14,042 19,291 137,291 12,056 168,638 14,898 14,898 197,578
Development Costs Before Interest, Taxes and Lease-up 99,081,088 $ Taxes $ 2,444,444 Sub-Total Development Costs $ 101,525,532 Finance Cost BRE Interest Expense $ 21,456,931 Third Party Equity Interest Expense $ 0 Construction Loan Interest Expense $ 0 Finance Fees $ Operating Offsets $ (7,329,379) Subtotal Finance Cost $ 14,127,552 Total Development Costs $ 115,653,084
$ 348,877 $ 8,607 $357,484 $ 75,553 $ 0 $ 0 $ $ (25,808) $ 49,745 $ 407,229
Timberline Budget
Per Gross SF
% of Total
$ 135.99 $ $ $ $ $ $ $ $ 8.41 7.36 3.68 1.38 16.13 2.80 39.75
28.7% 1.8% 1.6% 0.8% 0.3% 3.4% 0.0% 0.6% 8.4% 3.4% 0.0% 4.7% 33.7% 3.0% 41.4% 3.7% 0.0% 3.7% 48.5% 85.7% 2.1% 87.8% 18.6% 0.0% 0.0% 0.0% -6.3% 12.2% 100.0%
$ 16.31 $ $ 22.41 $ 159.47 $ 14.00 $ 195.88 $ 17.30 $ $ 17.30 $ 229.49 $ 405.23 $ 10.00 $415.23 $ $ $ $ $ $ 87.76 0.00 0.00 (29.98) 57.78
$ 473.01
Los Angeles, CA 11/7/2005
Feasibility Budget Inputs Cost Per Square Foot $0.00 $0.00 Cost per Unit $0 $0
Description GENERAL CONDITIONS BRE GENERAL CONDITIONS GC Total General Conditions BUILDING HARD COST Building Hard Cost Foundations Electrical ISC Plumbing Firesprinkler Framing Elevator Roofing Insulation Fireplaces Siding Miscellaneous Steel Lightweight Concrete HVAC Drywall Windows/Glass Masonry Interior Trim Cabinets Ceramic Tile Stucco Misc Hardware Bath Accessories Wall Coverings Painting Flooring
$159.23 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$137,087 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Window Coverings Appliances Final Clean Sales Tax Extraordinary Hard Costs Tank Removal Elevator Upgrade Masonry Construction Brick Veneer Tile Roof STC Windows/Soundproof Special Construction Fire Protection Cast Waste & Vents Elec. Conduit Design Directives Non-Prototype Additional Specs Acoustical Mitigation Security Lighting NA
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
LAND DEVELOPMENT OFFSITE Land Development Offsite Streets Street Imprv Reimburse Water main Franchise Utility/Wtr Sanitary sewer main Storm Drainage Concrete/Walk Electrical Primary Backbone Phone/CATV Primary Traffic Signal Street Light Fencing Extraordinary Offsite Work Underground Utilities Third Party Reimbursement Transitional Grading Median Improvements-Right turn lane
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Roadway Improvements Drainage Channel Improvements NA NA LAND DEVELOPMENT ONSITE Land Development Onsite Demo & Clear Grading Temp Shoring Erosion control and drainage Fireline/Hydrants Firesprinkler main Water Meters Sanitary Sewer Pump Water mains Storm Drain Bridges & Culverts Electrical Primary/Secondary Gas service Plant Salvage Import / Export Parking Structure Refundable Deposits Clubhouse (hard costs only) Landscaping Swimming Pool & Pool Area Rec. Court Area Exterior Clean-up Extraordinary Onsite Work Dewater Operations Extraordinary Shoring Hazardous Haul Methane Mitigation Waterproofing Upgrade Hydrostatic Foundation Upgrades Pump Station Storm Detention Site Lighting Retainage Pond
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Gates and Guard House Underground Utilities Extra Landscaping at Entry Block Wall around perimeter Sound Wall NA Retail Shell SITEWORK Sitework Paving Concrete Curbs Patches/Adjustments Extruded Curb Topsoil/Sand Fine Grade Retaining Walls Flatwork/Dumpster Pads Drains/Drywells Stripe Parking Splash Blocks Specialty Paving Specialty Pavement Carports/Garages Car Wash Security Gates Access Control System Garage Drs./Openers Entry Structure Access control System Extraordinary Sitework Demolition Extraordinary Grading Fill Undercut Rock Retaining Walls Pump Station NA NA CONSTRUCTION COST TRENDING
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $22.72 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.21
$0 $0 $0 $0 $0 $0 $0 $19,557 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2,766
Building Hard Cost Trending Land Development Onsite Trending GENERAL CONTRACTOR FEE HARD COST CONTINGENCY 5.7% 9.8%
$3.21 $0.00 $10.60 $17.90 $229.49
$2,766 $0 $9,125 $15,408 $197,578
GENERAL CONDITIONS BRE GENERAL CONDITIONS GC BUILDING HARD COST LAND DEVELOPMENT OFFSITE LAND DEVELOPMENT ONSITE SITEWORK GENERAL CONTRACTOR FEE GC SUBTOTAL CONSTRUCTION COST TRENDING HARD COST CONTINGENCY TOTAL CONTINGENCY TOTAL HARD COST
284 244,504 861 P/4/2/R
Units Gross SF (GSF) Avg Size per unit Product
easibility Budget Inputs Total Cost $3,872,460 $0 Feasibility Budget $3,872,460 $0 $3,872,460 $38,932,593 $38,932,593 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Timberline Current Estimate $3,987,807 $0 Utilized Utilized Cost per Cost per SF Unit $14,042 $16.31 $0 $0.00 Total Variance $115,347 $0
$38,990,524
$137,291
$159.47
$57,931
$38,932,593 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$5,478,743
$19,291
$22.41
($75,500)
$0 $0 $0 $0
$0 $0 $0 $0 $0 see Land Development Offsite Above $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $5,554,243 see Land Development Offsite Above $5,554,243 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $785,499
$5,554,243 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$785,499 $0 $2,591,358 $4,375,985 $56,112,139 $3,423,927 $4,231,137 $56,112,138 $12,056 $14,898 $197,578 $14.00 $17.30 $229.49 $832,569 ($930,348) ($1)
$3,872,460 $0 $38,932,593 $0 $0 $5,554,243 $2,591,358 $47,078,194 $785,499 $4,375,985 $5,161,485 $56,112,139
$3,987,807 $0 $38,990,524 $5,478,743
$14,042 $0 $137,291 $19,291
$16.31 $0.00 $159.47 $22.41
$115,347 $0 $57,931 ($75,500)
$3,423,927 $47,893,194
$12,056 $168,638
$14.00 $195.88
$832,569 $815,000
$4,231,137 $4,231,137 $56,112,138
$14,898 $14,898 $197,578
$17.30 $17.30 $229.49
($930,348) ($930,348) ($1)
Los Angeles, CA 11/7/2005
284 244,504 861 P/4/2/R Feasibility Budget Inputs Line Item Line Item Total Cost cost per Unit $0.00 $0.00 $0.00 $32,850,000 $250,000 $0
Description
LAND Land Capitilized Ground Lease Payments Land Acquisition Commission Acquisition Cost
MUNICIPAL FEES / PERMITS Municipal $0.00 Plan Check $0.00 Water (Tap/Impact/Meter) $0.00 Sewer (Tap/Impact) $0.00 School $0.00 Park $0.00 Traffic $0.00 Building Permits $0.00 Other Municipal Fees / Bond Cost (Description Below) All Other $0.00 Arts Development Fee $0.00 Special Payment Fee for Tot Lots $0.00 Affordable Housing Fees $0.00 Council Office Fitness Equipment Donation $0.00 Describe… $0.00 Describe… $0.00 Describe… $0.00 Describe… $0.00 Describe… $0.00 Contingency $0.00 Subtotal Other Municipal Fees/Bond Cost $0.00
$68,380 $126,699 $55,835 $120,985 $953,316 $142,000 $0 $228,777 $304,919 $0 $0 $0 $100,000 $0 $0 $0 $0 $0 $0 $404,919
ARCHITECTURE & ENGINEERING ARCHITECTURE & ENGINEERING Architecture & Engineering Prel. Design/Feasibility Aerial Photos Appraisal Site Plan (DCO) Working Drawings Architectural Inspections Preliminary Engineering Wetlands Consultant Survey / Replat ALTA / TOPO Survey Soil Test/Environ. Report Acoustic Consultant Civil Engineering Traffic Study Mech./Plumbing Design Quality Control Inspections HC/ADA Inspections Structural Design / Inspections JV A& E Inspections Landscape Design Zoning Consultants Color Consultants Utility Consultants Retail Consultant A & E Reimbursable A&E Extras
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0 $0 $0 $0 $0 $896,000 $224,000 $0 $0 $0 $14,000 $15,000 $7,500 $99,000 $15,000 $30,000 $0 $0 $210,000 $0 $110,000 $25,000 $35,000 $20,000 $35,000 $75,000 $274,500
PROFESSIONAL SERVICES Professional Services Market Analysis
$0.00 $0.00
$0 $0
MARKETING, PRELEASING & RETAIL PRELEASING COSTS
$0.00
$0
RETAIL AND TENANT IMPROVEMENTS
Retail Commissions Tenant Improvements
$0.00 $0.00
$0 $0
MARKETING Standard Marketing Budget Override Display Signage Graphic Design Interior Design Brochures & Printing Model Furnishings Rec/Office Furniture Admin/Office Equip Pool & Amenity Exercise Equipment Theatre Room Maint Equip Golf Carts Advertising Marketing Extra
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$900,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
LEGAL / CLOSING / TAXES Legal/Closing/Taxes Real Estate Attorney - BRE Real Estate Attorney - JV Partner Real Estate Attorney - Other Litigation Attorney Land Use/Zoning Authority Transaction Attorney Closing Costs Title Insurance/Endorsements Escrow Fees/Costs Loan PrePayment Costs Association Fees during buildout Appraisal Misc. Legal
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$150,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
LOAN COSTS - FINANCIAL FEES Loan Costs/Financial Fees
$0.00
$0
Letter of Credit Construction Loan Fees Third Party Venture Costs
$0.00 $0.00 $0.00
$0 $0 $0
REFUNDABLE DEPOSITS
$0.00
$0
Units Gross SF Avg SF per unit Product Type lity Budget Inputs Total Utilized Feasibility Budget $33,100,000 $32,850,000 $0 $250,000 $0 Utilized Cost per SF $135.99 Utilized Cost per Unit $ 117,077.46 Timberline Current Estimate $33,250,000
Total Variance
$150,000
$2,100,912 $68,380 $126,699 $55,835 $120,985 $953,316 $142,000 $0 $228,777 $404,919 $304,919 $0 $0 $0 $100,000 $0 $0 $0 $0 $0 $0 $404,919
$8.41
$
7,238.24
$2,055,660
($45,252)
$2,085,000 $2,085,000 $0 $0 $0 $0 $0 $896,000 $224,000 $0 $0 $0 $14,000 $15,000 $7,500 $99,000 $15,000 $30,000 $0 $0 $210,000 $0 $110,000 $25,000 $35,000 $20,000 $35,000 $75,000 $274,500
$7.36
$6,334.88
$1,799,105
($285,895)
$0 $0 $0
$900,000 $0
$3.68
$3,169.01
$900,000
$0
$0
$0 $0
$900,000 $900,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$150,000 $150,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$1.38
$1,185.60
$336,711
$186,711
$0 $0
$0.00
$0.00
$0
$0
$0 $0 $0
$0
$0.00
$0.00
$0
$0
11/7/2005 Approved Budget Municipal Fees - Planning & Eng. Annexation Architectural Review CUP Design Review Development Agreement Eng. Certificate of Compliance Eng. Certification of Correction Environmental (Neg. Dec., EIR) General Plan Amendment Lot Line Adjustment Planning Fee One Stop Surcharge System Dev Surcharge Parcel Map (Final) Parcel Map (Tentative) Site Development Plan Site Plan Review Special Use Permit Specific Plan Amendment Subdivision Map Text Amendment Traffic Impact Report Review Variances Zone Change Other Contingency Subtotal Plan Check Fees and Deposits Acoustical Report Review Disabled Access Plancheck Energy Plancheck Engineering Plancheck & Deposit Fire Department Plancheck Fire Sprinkler Plancheck Grading Plancheck Handicap Plancheck Health Department Plancheck Landscape Plancheck Landscape Re-Check Off-Site Improvement Plancheck $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Current Estimate $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Units: Manager: Method Actual $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9,300.00 $0.00 $0.00 $8,038.29 $5,435.53 $16,306.58 $4,250.00 $12,050.00 $0.00 $5,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8,000.00 $0.00 $68,380.40
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Rec. Bldg. Plancheck Residential Bldg. Plancheck Water Dep. Landscape Plancheck Water Dep. Plancheck Other Contingency Subtotal Water Fees (Tap/Impact/Meter) Water Inspection Water Meters - Domestic Water Meters - Irrigation Water Meters - Fire Water Dept. Bond Water Frontage/Connection Fee Subtotal Sewer Fees (Tap/Impact) Sewer Connection Fee Sewer Facilities/Impact Fees Subtotal Schools Fees School Fees Other Subtotal Park Fees Park Fees Other Subtotal Traffic Impact Fees Transportation Corridor Fee Road Construction Fee Signal Fee Subtotal Building Permits AQMD Permit (Asbestos/Lead) Demolition Permit Excavation Permit Fire Fire Hydrant Fee Garage Mechanical/HVAC Garage Plumbing Garage Structure Pinck/Permit Grading (Precise) Permit
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $126,699.30 $0.00 $0.00 $0.00 $126,699.30
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $30,755.00 $0.00 $25,080.00 $0.00 $0.00 $55,835.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$120,985.00 $0.00 $120,985.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$953,316.20 $0.00 $953,316.20
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$142,000.00 $0.00 $142,000.00
$0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $88,000.00 $0.00 $0.00 $0.00 $0.00
Grading (Preliminary) Permit Hazardous Abatement Permits Landscape Insp. and Permit Microfiche Charges Off-Site Construction Inspection On-Site Construction Inspection Pool, Spas w/PM&E Rec. Building Permits w/PM&E Residential Electrical Residential Mechanical/HVAC Residential Permits Residential Plumbing Shoring Permit Sewer Permit Sign Permits Site Lighting (Pole) Permits Site Lighting Electrical Storm Drain Inspection Other Contingency Subtotal Municipal Fees - Impact, Bonds & Other Arts Development Fee Child Care Fees Drainage/Flood Driveway/Curb Cut Encroachment Fee Facilities Benefit Assessments Gas Deposit Grading Bond Haul Route Permit/Bond Housing - Impact Fee Housing - Inclusionary Fee Irrigation Fee Landscape Bond Lane Closure Permit Library Fees Phone Deposit Power Co. Deposit Power Pole Relocation Public Facilities Soils Review Street Tree Planting Fee Street Use Inspection Fee
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $140,777.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $228,777.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$16,375.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Other Utilities Fees Other Contingency Subtotal OVERALL TOTAL FEES Budget Variance Amount
$0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00
$288,544.00 $0.00 $304,919.00 $2,000,911.90 $2,000,911.90
284 Method of Calculation
GLM Estimate + KHA SIR Estimate
KHA SIR Estimate KHA SIR Estimate KHA SIR Estimate Engineering $2,750 Plan, $9,300 Engineering GLM Estimate
GLM Estimate
Remaining Budget = $68,380.40
KHA SIR Estimate
Remaining Budget = $126,699.30
$12,540 for 4", $15,820 for 6" $12,040 for 6", $14,935 for 8"
Remaining Budget = $55,835.00
$260 studio, $390 1br, $520 2br, $246/1,000 sf ret/comm
Remaining Budget = $120,985.00
$3.73/sf livable, $0.34 comm, $0.09 garage
Remaining Budget = $953,316.20
$500/unit
Remaining Budget = $142,000.00
Remaining Budget = $0.00
KHA SIR Estimate
KHA SIR Estimate
Remaining Budget = $228,777.00
$1.31 sf retail
$1,016/unit
Remaining Budget = $304,919.00