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2000-093
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2000-093
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Last modified
3/12/2024 11:14:22 AM
Creation date
3/12/2024 11:05:38 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
04/04/2000
Control Number
2000-093
Agenda Item Number
7.G.
Entity Name
Salama Development Corp.
Subject
Florida Communities Trust Project/ Reconciliation of Total Project Costs for
Oslo Riverfront South
Document Relationships
2000-092
(Agenda)
Path:
\Official Documents\2000's\2000
2000-094
(Cover Page)
Path:
\Official Documents\2000's\2000
2000-095
(Cover Page)
Path:
\Official Documents\2000's\2000
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CU <br />• <br />Indian River County <br />Oslo Riverfront South <br />FCT Project #99-055-P9A <br />Purchase from Salama Development Corp. <br />Contract #00 -CT -C7 -99 -9A -K1-055 <br />Date <br />PURCHASER'S RECONCILIATION OF TOTAL PROJECT COSTS <br />TOTAi• CT—CD = <br />Land Purchase Price <br />Total Land Purchase Price $1,265,000.00(1) <br />Acquisition Expenses <br />Survey $ 2,800.00 <br />Appraisals 16,565.00(2) <br />Appraisal Review 2,489.80(2) <br />Real Estate Fee 17,000.00(3) <br />Title Insurance 5,737.50 <br />Environmental Audit 2.400.00(3L <br />Total Acquisition Expenses $ 46.992.30 <br />Total Project Costs <br />r Tnh ^fl GRANT AWARD A2IIZ r nCLi. MATCH AMOIIIdT <br />FCT Award Computation <br />Share of Purchase Price $ 575,000.00(1) <br />Share of Acquisition Expenses 23 496.15 <br />Total Share of Project Costs $ 598,496.15(4) <br />Local Match Computation <br />Share of Purchase Price $ 690,000.00 <br />Share of Acquisition Expenses 73 496.15 <br />Total Share of Project Costs ,S 773 496.15 <br />Total Project Costs $1.311.992.30 <br />�OhiPIITATTOh OF PRFPATDG RFTMBIIRGFME*TT'i ADDTTTOI.AL COSTS A2.'D AMOT7NTG DII8 AT CLQGI115 <br />FLORIDA COMMUNITIES TRUST <br />FCT Prepaid Project Costs <br />Appraisal Review S 2,489.80 <br />Total Prepaid Costs $ 2,489.80 <br />FCT Amount Due At Closing <br />Share of Total Project Costs $ 598,496.15 <br />Less Total Prepaid Costs 2,489.80 <br />Total Amount Due From FCT At Closing $ 596,006.35 <br />INDIAN RIVER COUNTY <br />County Prepaid Project Costs <br />Option Payment $ 100.00 <br />Survey 2,800.00 <br />Appraisals 16,565.00 <br />Real Estate Fee 17,000.00 <br />Title Insurance 5,737.50 <br />Environmental Audit <br />Total Prepaid Costs $ 44,602.50 <br />
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