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APPENDIX F <br /> BUDGET <br /> DEVELOPER shall adhere to the following budget in carrying out this Agreement . LrN! H" A49 AV .^ -:si' <br /> xir 11rz > n r ► r � r� t „ tr, ,, r� , , ,a , . ., + , , , ,. . , ,, �>1 t . , , „ ,�� t1, ; , . ,1 �. �,. , ,,, ,, <br />, � + Actual line items rnav be more or less <br /> b <br /> than shown , provided that the total does not exceed the amount of available NSP funds showt7 <br /> in the <br /> budg7cj__. b lolv or the amOunt Of JCW11 <br /> _.._NSP f1i.nds avaikrblc to the County to disburse to . TCHSC <br /> LNvhichev r is less) , County Staff alid TC11SC shall coordinate as needed to ensure that sufficient NSP <br /> funds are available ft.rr the. TCI to acquire , rchab , and rent up to 19 houSin �,) units . If sufficient <br /> funds <br /> are not available to acquire . rehab . and rent up to 19 housings units , the total number of housing units <br /> that <br /> fCHSCacquHr� ti , rc, habs . tnd rcnts. Shall be reduced ac,cordin l �-, <br /> BUDGET <br /> Estimated Purchase and Rehabilitation .-- --J"-;847-;71.5 :-5(1 <br /> $2 , 173 . 099 . 45 <br /> Developers Fees ( Based upon 1 %)... 19homes being acquired) * % --2-1-€} 42A� W <br /> $260 , 772 . 00 <br /> Estimated Due Diligence <br /> $ 38 , 000 . 00 <br /> Estimated Maintenance & Insurance for Four Months S 20nnn nn <br /> 79� 800 00 <br /> TOTAL <br /> ]l-t C' 11 i r1rum_I3udgt_t ---2;-1-1)-1;24=1:x() <br /> $ 2 , 5511671 . 45 <br /> * If the Developer Fee amount reflected in the Budget above exceeds twelve percent ( 12 % ) of the actual <br /> acquisition and rehabilitation costs for acquired and rehabilitated properties , the Developer ' s Fee shall be <br /> reduced so that the total fee paid to the Developer shall not exceed twelve percent ( 12 %) of the total <br /> amount expended to acquire and rehabilitate the properties . <br /> F :ACommunity Development\CDBG\2008 NSP\Contracts\Nonprofits\TCHSC Contract Amendment - Sept 2012\Attachments to Modification <br /> Agreement\Revised Appendix F . docx <br />