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07/14/2003 Council Packet
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07/14/2003 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
07/14/2003
Council Meeting Type
Regular
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• <br />• <br />• <br />N/A <br />D. <br />Yes <br />No <br />X <br />Are market studies or appraisals available for all components of the project (i.e. retail, <br />office, ownership housing, rental housing)? <br />E. <br />Yes <br />No <br />X <br />If the developer is acquiring the development site from the city, is the site being sold at <br />fair - market value? <br />F. <br />Yes <br />No <br />X <br />Has an architect/engineer been selected for the project? <br />If yes what level of completion are the drawings at? (limit 4 lines) <br />Planning stage, concept drawings <br />G. How have costs been determined? (check appropriate box <br />H. If commercial is proposed, provide as much specificity as possible regarding the type of tenants and <br />projected rents. <br />• <br />Bidding <br />Projected Rents <br />Contracting estimates <br />X <br />Developer estimates <br />X <br />City estimates <br />X <br />Other (list): <br />Consultant Infrastructure Estimates <br />H. If commercial is proposed, provide as much specificity as possible regarding the type of tenants and <br />projected rents. <br />• <br />Type of Tenant <br />Projected Rents <br />Restaurants <br />3 <br />Market rate rents to be determined by <br />owner <br />Daycare <br />1 <br />Office building <br />Unknown <br />n <br />Retail <br />75,000 s.f. <br />II . <br />Service uses <br />Unknown <br />II <br />Note: The master developer, Hartford Group, will be selling approved sites to various users and owners. <br />I. <br />Yes <br />No <br />X <br />Does the applicant intend to apply for LCDA funds for this project in future years for <br />additional phases or components? <br />J. Provide project sources /uses budgets on the following page. <br />11 <br />
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