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05-22-1996 Council Agenda
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05-22-1996 Council Agenda
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5 -17 -1996 10:43AM FROM GROOTWASSINK RE/EST. 612944x9419 P.3 <br />Enhancement Work <br />EXHIBIT C <br />To <br />Acquisition and Construction Loan Agreement <br />Revised May 1996 <br />Original Revised <br />Estimated Estimated Estimated <br />COI fat Cumulation <br />Construction New Storefront Exterior Facade $140,000 $162,000 June <br />Revisal the new facade to cover over all wood areas that was budgeted <br />to be painted <br />,install New Florescent Lighting Under Canopy <br />Install Storefront Entry Doors in Suite 220.240/250.260 and 420 <br />Suite 220, 260 and 420 have been completed. Suite 240 and/or 250 <br />will be completed when the suites are leased. In addition , Suite 100 <br />will have a new storefront entry door installed in June. <br />Install Emergency Doors in Suite 320 and 330 <br />To be determined when Suite 330 is leased. Suite 100 had an <br />emergency door installed in April as per building inspector. <br />Construct New Sidewalks from Existing Sidewalks <br />New sidewalks are completed to Suites 100, 240/250 and Suite 330. <br />$ 5,000 $ 11,265 Completed <br />March <br />$ 8,000 $ 9,000 <br />$ 2,000 $ 3,000 <br />$ 6,000 $ 10,000 Completed <br />April <br />Install Approximately 50 ft. of Storefront Glass in Suite 430 $ 8,000 $ 9,800 Completed <br />March <br />Installed 60 ft. of glass and is completed. <br />Install New Parking Lot light Bulbs and Fixtures as Required $ 1,000 $ 600 Completed <br />March <br />Install Six New Decorative Sidewalk Lights $ 6,000 $ 0 Completed <br />March <br />Postponed until such time that the City determines the exact sighting, <br />street and landscaping for the redevelopment area. <br />Paint Project Exterior to Coordinate with New Exterior Facade <br />This paint project to the front exterior has been canceled because this <br />area was covered over by the expansion of the new metal facade. <br />Revised bid is for painting the back of the shopping center which is <br />projected CAM expense for 1997. <br />Burger King Parking Area <br />This area has been patched and a determination will be made shortly <br />whether to do an overlay or postpone this area until a determination is <br />made by the City and Developer on the new ingress/egress roadway. <br />Page 89 <br />$ 8,000 $ 4,500 <br />$ 4,000 $ 9,000 <br />
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