Llc Operating Agreement Single Member

Document Sample
Llc Operating Agreement Single Member Powered By Docstoc
					                                                                c80ff705-b2e2-4fa7-92a9-d4997ecb1e6f.xls

                                                                    Static or Team
Line                            Element                                                                         Document Reference
                                                                    Dynamic Member
 1     SERVICE                                                          S         Base
 2     LOCATION (CITY AND STATE)                                        S         Base
 3     PROJECT SIZE
 4     Total # of Base Housing Units Before Privatization               S         Base   Transaction: Community Development Plan
 5     Total # of Units Transferred                                     S         Base   Transaction: Community Development Plan
 6     Total # of Units Replaced                                        S         Base   Transaction: Community Development Plan, Construction Mgmt Plan
 7     Total # of Units Renovated                                       S         Base   Transaction: Construction Management Plan
 8     Total # of units Transferred with No Initial Work Required       S         Base   Transaction: Community Development Plan
 9     Deficit Reduction (#)                                            S         Base   Transaction: Construction Management Plan
 10    Total # of Units Demolished or Sold Without Replacement          S         Base   Transaction: Community Development Plan
 11    Total # of Units Privatized                                      S         Base
 12    Total # of Inadequates Units Eliminated                          S         Base   Construction: Development Schedule
 13    Projected Date all Inadequates Units are Eliminated (Date)       S         Base   Construction: Development Schedule
 14    Total # of Base Housing Units After Privatization                S         Base   Calculation: Difference between Line 27 and 28
 15    FINANCIAL PROFILE
 16    Project Term (Yrs./Mos.)                                         S         Base   Transaction:   Ground Lease
 17    Total Development Costs ($)                                      S         Base   Transaction:   Development Costs Spreadsheet
 18    Total Milcon Costs ($)                                           S         Base   Transaction:   Economic Analysis
 19    Transaction Structure                                            S         Base   Transaction:   Lease, Loan Guaranty
 20    Budget Score ($) (Total)                                         S         Base   Transaction:   OMB Scoring Report and sum of Lines 21-25
 21      Direct Loan Score ($)                                          S         Base   Transaction:   OMB Scoring Report
 22      Limited Guarantee Score ($)                                    S         Base   Transaction:   OMB Scoring Report
 23      Investment Score ($)                                           S         Base   Transaction:   OMB Scoring Report
 24      Differential Lease Payment ($)                                 S         Base   Transaction:   OMB Scoring Report
 25      Other ($)                                                      S         Base   Transaction:   OMB Scoring Report
 26    Life Cycle Costs
 27       Privatization (MHPI) ($)                                      S         Base   Transaction:   Economic Analysis
 28       Identical Milcon Equivalent ($)                               S         Base   Transaction:   Economic Analysis
 29       Difference ($)                                                S         Base   Calculation:   Difference between Line 27 and 28
 30    Leveraging of Appropriations (ratio)                             S         Base   Transaction:   Concept Brief
 31    MILESTONES AND TIMELINES
 32    OSD Concept Brief (Date)                                         S         Base   Transaction: Concept Brief
 33    OSD Concept Approval (Date)                                      S         Base   Transaction: Concept Brief

                                                                            PEP Fact Sheet                                                                 Page 1
                                                            c80ff705-b2e2-4fa7-92a9-d4997ecb1e6f.xls
34   RFP/RFQ issuance (Date)                                        S         Base   Transaction: RFP issue date - PSC Website
35   OSD Award Approval (Date)                                      S         Base   Transaction: OSD Approval
36   Selection Award (Date)                                         S         Base   Transaction: ESG Approval
37   Closing (Date)                                                 S         Base   Transaction: Lease Signing
38   First Newly Constructed Unit Occupied (Projected Date)         S         Base   Construction: Development Schedule
39   Initial Construction Completed (Projected Date)                S         Base   Construction: Development Schedule
40   OSD Concept Approval to Closing (Yrs./Mos.)                    S         Base   Transaction: Date Calculation
     Transaction Closing to Commencement of Construction                             Transaction/Construction: Lease Signing and Development Schedule
41                                                                  S         Base
     (Projected Yrs./Mos.)                                                           Date Calculation
     Construction Commencement to Construction Completion
42                                                                  S         Base   Construction: Development Schedule
     (Projected Yrs./Mos.)
     Final Date of Loan Execution for Single or Multiple
43                                                                  S         Base   Transaction: Construction Loan
     Takeouts (Projected Mo/Yr.)
     GOVERNMENT SERVICES AND DEVELOPER
44
     AMENITIES
45   Fire (Yes/No)                                                  S         Base   Transaction:   Housing Ops and Management Plan
46   Police (Yes/No)                                                S         Base   Transaction:   Housing Ops and Management Plan
47   Utilities (Yes/No)                                             S         Base   Transaction:   Utility Service Plan
48   Miscellaneous (Name Any)                                       S         Base   Transaction:   Successful Proposal
49   School Impact Aid (High/Low)                                   S         Base   Transaction:   Economic Analysis
     Amenities Provided by Developer/Contractor (e.g.swimming
50                                                                  S         Base   Transaction: Successful Proposal - Community Development Plan
     pool, community centers, playgrounds, etc.)
51   SOLICITATION INFORMATION
52   Type of Procurement (RFP, RFQ, or Sole Source)                 S         Base   Acquisition: Solicitation Type
53   Total # of Qualifications Submitted for Solicitation           S         Base   Acquisition: Source Selection
54   Total # of Proposals Submitted for Solicitation                S         Base   Acquisition: Source Selection
55   DEAL STRUCTURE
56   Developer/General Partner (Name)                               E         Base   Transaction:   Certificate of Incorporation
57   Property Manager (Name)                                        E         Base   Transaction:   Management Agreement
58   Targeted Tenants by Rank                                       S         Base   Acquisition:   Original RFP
59   Private Sector Cash Equity ($)                                 S         Base   Transaction:   Sources and Uses Statement
60   Government Cash Equity ($)                                     S         Base   Transaction:   Sources and Uses Statement
61   Government Improved Property Contribution ($)                  S         Base   Transaction:   Sources and Uses Statement; EA
62   Government Land Contribution ($)                               S         Base   Transaction:   Sources and Uses Statement; EA
63   Total Government Equity Contribution ($)                       S         Base   Transaction:   Sources and Uses Statement
64   Other Development Funds ($)                                    S         Base   Transaction:   Sources and Uses Statement
65   Type of Other Development Funds ($)                            S         Base   Transaction:   Sources and Uses Statement
66   Return on Government Investment (ROI)                          S         Base   Transaction:   Original Proforma
67   Ground rent provision (Y/N)                                    S         Base

                                                                        PEP Fact Sheet                                                                  Page 2
                                                                 c80ff705-b2e2-4fa7-92a9-d4997ecb1e6f.xls
68  Other Recaptured Revenue (Y/N)                                       S         Base   Transaction: Lockbox Agreement
69  Private Sector Debt
70     Lender Name                                                       S         Base   Transaction: Guaranteed Loan
71     Loan amount ($)                                                   S         Base   Transaction: Intercreditor Agreement Guaranteed Loan
72     Term (Yrs.)                                                       S         Base   Transaction: Guaranteed Loan
73     Interest rate (%)                                                 S         Base   Transaction: Guaranteed Loan
74     Special provisions                                                S         Base   Transaction: Guaranteed Loan
75     Guaranteed (Y/N)                                                  S         Base   Transaction: Loan Guaranty
76     Guaranteed Threshold Event Ratio                                  S         Base   Transaction: Loan Guaranty
77     Total # of Eligible Military Families                             S         Base   Operating: Base Manpower Office
78  Government Debt
79      Direct loan amount ($)                                           S         Base   Transaction:   Intercreditor Agreement Direct Loan
80      Direct loan term (Yrs.)                                          S         Base   Transaction:   Direct Loan Forward Commitment
81      Direct loan interest rate (%)                                    S         Base   Transaction:   Direct Loan Forward Commitment
82      Special Provisions                                               S         Base   Transaction:   Direct Loan
83  MHPI AUTHORITIES
84  Direct Loan - Section 2873                                           S         Base
85  Loan Guarantee - Section 2873                                        S         Base
    Investments (Acqusition of Partnership Interests, Stocks,
 86                                                                      S         Base
    Bonds) - Section 2875
 87 Differential Lease Payments - Section 2877                           S         Base
 88 Payments by Allotment - Section 2882                                 S         Base
 89 Assignment of Members - Section 2882                                 S         Base   Transaction: Tenant Referral Plan
 90 Conveyance of land - Section 2878                                    S         Base
 91 Conveyance of units - Section 2878                                   S         Base
 92 Lease of land - Section 2878                                         S         Base
 93 Build to Lease - Section 2874                                        S         Base
 94 Rental and Occupancy Guaranties - Section 2876                       S         Base
 95 Interim Leases - Section 2879                                        S         Base
 96 Ancillary Support Facilities - Section 2881                          S         Base
 97 Unit Size and Type - Section 2880                                    S         Base
 98 TENANT SATISFACTION
 99 Tenant Choice                                                        S         Base
100 Tenant Surveys                                                       S         Base
101 CONSTRUCTION RISK
102 Forward Commitment                                                   S         Base   Transaction: Forward Commitment
                                                                                          Transaction: Facility Design and Construction Plan, Construction
103 Architectural plans/project plans/construction inspections           S         Base
                                                                                          Management Plan
                                                                                          Transaction: Construction Management Plan, Title II Services or
104 Construction Inspections                                             S         Base
                                                                                          equivalent

                                                                             PEP Fact Sheet                                                                  Page 3
                                                                 c80ff705-b2e2-4fa7-92a9-d4997ecb1e6f.xls
  105   Performance Bonds                                                 S         Base
  106   Local licensing/permit requirements                               S         Base   Transaction: Community Development Plan
  107   COMMUNCATIONS AND PROBLEM RESOLUTION
  108   Management Review Committee                                       S         Base   Transaction:   Operating Agreement
  109   Tenant Advisory Board                                             S         Base   Transaction:   Operating Agreement Housing Ops and Mgmt Plan
  110   LLC Management Board                                              S         Base   Transaction:   Operating Agreement; Housing Ops and Mgmt Plan
  111   Financial Advisory Board                                          S         Base   Transaction:   Operating Agreement
  112   SAFEGUARDING GOVERNMENT'S INTEREST
  113   Lockbox                                                           S         Base   Transaction:   Lockbox Agreement
  114   Operating Agreement                                               S         Base   Transaction:   Operating Agreement
  115   Ground Lease                                                      S         Base   Transaction:   Ground Lease
  116   Use Agreement                                                     S         Base   Transaction:   Use Agreement
  117   Intercreditor Agreement                                           S         Base   Transaction:   Intercreditor Agreement
  118   Reinvestment Account                                              S         Base   Transaction:   Lockbox Agreement
  119   Industry Standard Loan Documents                                  S         Base   Transaction:   Guaranteed Loan
  120   Service-Specific Approval                                         S         Base

Legend
S - Static number that rarely changes after the initial input
D - Dynamic number that changes each reporting period
E - Event that triggers an dynamic input that becomes static over time
Construction: Initial Development Period in theProject Management Phase
Transaction: Closing preparation and documents
Loan Servicing: Loan Servicing in the Project Management Phase
Operating: Business and Financial operations in the Project Management Phase




                                                                               PEP Fact Sheet                                                              Page 4
                                                               c80ff705-b2e2-4fa7-92a9-d4997ecb1e6f.xls

                                                                  Static or       Team
Line                           Element                                                                                Document Reference
                                                                  Dynamic        Member
121    Monitoring
122       First newly constructed unit occupied (date)                S             Base      Construction: Completion Certificate, Move-in date,
123       Total # of new units on-line                                D             Base      Construction: Completion Certificate
124       Percentage construction completed
125           New construction completed (#)                          D             Base      Construction: Surveillance Report, Completion Certificate
126            New construction scheduled for completion (#)           S           Owner      Construction: Development Schedule
127            Renovation completed (#)                               D             Base      Construction: Surveillance Report, Completion Certificate
128            Renovation scheduled for completion (#)                S            Owner      Construction: Development Schedule
129         Construction completed (Date)                             E             Base      Construction: Surveillance Report, Completion Certificate
            Transaction closing to construction completed                                     Transaction/Construction: Time elapsed between document signing and
130                                                                    E            Base
       (Yrs./Mos.)                                                                            final Completion Certificate.
131        Unanticipated Revenues (Y/N)                               D          AFCEE/JLL Operating/Transaction: Owner's Reports compared to original Proforma
132        Subsidy re-estimate (Y/N)                                  D          AFCEE/JLL Loan Servicing: Credit Subsidy Calculator estimates
133        Date of loan execution
                                                                                              Transaction: Guaranteed Loan or Direct Loan if there is no Guaranteed
134             First Mortgage (Mo./Yr.)                               S            Base
                                                                                              Loan
135           Second Mortgage (Mo./Yr.)                                S            Base      Transaction: Direct Loan
136        Remaining principal balance
                                                                                           Operating: Guaranteed Loan Payment Schedule compared to Owner's
137             First Mortgage ($)                                    D          AFCEE/JLL
                                                                                           Financial Statements
                                                                                           Operating: DFAS Payment Schedule compared to Owner's Financial
138             Second Mortgage ($)                                   D          AFCEE/JLL
                                                                                           Statements
139        Total # of times delinquent (if applicable )
                                                                                              Loan Servicing: Lender's Payment Schedule compared to Lockbox
140             First Mortgage                                        D          AFCEE/JLL
                                                                                              distributions
                                                                                              Loan Servicing: DFAS Payment Schedule compared to Lockbox
141             Second Mortgage                                       D          AFCEE/JLL
                                                                                              distributions
142        DCR on 1st mortgage                                        D          AFCEE/JLL    Operating: Calculated from Owner's Financial Statements
143        DCR on 1st mortgage plus 2nd mortgage                      D          AFCEE/JLL    Operating: Calculated from Owner's Financial Statements
                                                                                              Operating: Calculated from Owner's Financial Statements and compared to
144        Government ROI (for equity deals) (%)                      D          AFCEE/JLL
                                                                                              original Proforma
                                                                                              Transaction/Operating: Lockbox Agreement compared to Lockbox account
145        Replacement reserves                                       D          AFCEE/JLL
                                                                                              balances
146        Occupancy rate (%)                                         D             Base      Operating: Owner's Management Reports
147        Total # of eligible military families                      D             Base      Operating: Base Manpower Office
148        Military tenants in project (#)                            D             Base      Operating: Owner's Management Reports
                                                                           PEP Monitoring Matrix                                                               Page 5
                                                                 c80ff705-b2e2-4fa7-92a9-d4997ecb1e6f.xls
  149       Military referrals (#)                                      D             Base   Operating: Base Housing Manager referral log
  150       Military move-ins (#)                                       D             Base   Operating: Owner's Management Reports
            Summary of physical assessment report (poor, fair,                               Operating: Annual Site Assessment Report and Asset Manager's
  151                                                                   D            Base
        good, excellent)                                                                     surveillance notes
  152       Additional MHPI Authorities Implemented                     D          AFCEE/JLL Operating: AFCEE Notification
  153       Additional Budget Score                                     S          AFCEE/JLL Operating: Authority Recalculation
  154       Additional Privatization Costs - Consultants ($)            D            Base    Operating: Base Civil Engineering Privatization Contract Expenditures
  155       Project Notifications/Incidence Reports
  156            Date of default notice                                 D          AFCEE/JLL Operating: AFCEE Notification
  157            Date of change in project ownership                    E            Base    Operating: MRC Meetings, daily interaction and dialog
  158            Date of change in property management                  E            Base    Operating: MRC Meetings, daily interaction and dialog
  159            Date of loan modification (guaranteed or direct)        E         AFCEE/JLL Loan Servicing: AFCEE Notification, Lockbox account statements

  160            Date of loan repayment (guaranteed or direct)           E         AFCEE/JLL Loan Servicing: AFCEE Notification, Lockbox account statements
  161           Date guaranty claim filed                               E          AFCEE/JLL Operating: Manpower, Compliance Testing
  162   Tenant Survey - Effective Date of Survey (Date)                 D            Base    Operating: Coordination with Owner
        Tenant Survey - Number of tenants Surveyed this Period
  163                                                                   D             Base      Operating: Survey Distribution
        (#/#)
        Tenant Survey - Recommendations for Newly Constructed
  164                                                                   D             Base      Operating: Survey Results/Analysis
        MHPI Units (#/#/#/#)
        Tenant Survey - Recommendations for Newly Renovated
  165                                                                   D             Base      Operating: Survey Results/Analysis
        MHPI Units (#/#/#/#)
        Tenant Survey - Recommendations for MHPI
  166                                                                   D             Base      Operating: Survey Results/Analysis
        Unrenovated Units (#/#/#/#)

Legend
S - Static number that rarely changes after the initial input
D - Dynamic number that changes each reporting period
E - Event that triggers an dynamic input that becomes static over time
Construction: Initial Development Period in theProject Management Phase
Transaction: Closing preparation and documents
Loan Servicing: Loan Servicing in the Project Management Phase
Operating: Business and Financial operations in the Project Management Phase




                                                                             PEP Monitoring Matrix                                                            Page 6

				
DOCUMENT INFO
Description: Llc Operating Agreement Single Member document sample