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ilk <br /> 4. Present Project: Building square footage, location of project, size of property, <br /> description of buildings - materials, etc. Attach site plan, if available <br /> The entire Silverview Estates Project being proposed is comprised of three (3) <br /> distinct components in addition to an adjacent convenience store which will be <br /> owned by a separate development group. The Silverview Estates Project consists <br /> of: (1) an 82 unit senior housing project. The housing project is anticipated to be <br /> a three story brick and wood frame construction independent living facility for <br /> persons 55 years and older. The other components of the project are: (2) a 25,000 <br /> square foot two story office building and (3) a 5,000 square foot one story office <br /> building. Silverview Estates, Inc., will be the developer of each of the three (3) <br /> components. For reasons related to project finance, each of the three (3) <br /> components will be owned by a separate legal entity in which Silverview Estates, <br /> Inc. or its principals will have an ownership interest. It is anticipated that <br /> Silverview will construct the senior housing component along with the 5,000 <br /> square foot office building portions of the Project first, commencing approximately <br /> July 1, 1998. <br /> • 5. If the property is to be subdivided, Show Division Planned. <br /> The property is to be developed under a PUD which has been approved by the <br /> City. <br /> 6. Estimated Project Costs: (please enclose construction proforma, if available.) <br /> a. Land Acquisition S100,000.00 <br /> b. Site Preparation $15,000.00 <br /> c. Site Utilities $5,000.00 <br /> d. Public Improvements $5,000.00 <br /> e. Landscaping $8,000.00 <br /> f. Hard Building Costs (Historical Data) $218,716.00 <br /> g. Construction Fee (Included in Hard $10,936.00 <br /> Building Costs Above) <br /> h. Architectural Fee $10,000.00 <br /> i. Legal Fees $2,000.00 <br /> j. Financing Costs $6,000.00 <br /> k. Broker Costs $0.00 <br /> 1. Contingencies $5,000.00 <br /> m. Equipment $0.00 <br /> n. Other (Pond Grading) $0.00 <br /> i . <br /> Total $385,652.00 <br />