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08-24-16 Meeting of the La Porte Redevelopment Authority/TIRZ
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08-24-16 Meeting of the La Porte Redevelopment Authority/TIRZ
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2/8/2022 2:33:12 PM
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City Meetings
Meeting Body
La Porte Redevelopment Authority/TIRZ
Meeting Doc Type
Minutes
Date
8/24/2016
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LA PORTE REDEVELOPMENT AUTHORITY She .J.� DR�4fiT <br />SCHEDULE OF CONSTRUCTION, ENGINEERING AND RELATED COSTS TQ <br />REIMBURSABLE TO BEAAZER HOMESO TEXAS LP (DEVELOPER) CA/ <br />��eE <br />(SEE ACCOMPANYING DISCLAIMER OF OPINION AND <br />EXPLANATION OF AGREED -UPON PROCEDURES PERFORMED) <br />DESCRIPTION TOTAL <br />Geotech Engineering & Testing <br />Material Testing - Water, Wastewater and Drainage <br />Bayside Crossing <br />Amount Paid by Developer g 18,373.25 <br />Less: Developer Share 30% 5,511.98 $ 12,861.27 <br />TOTAL AMOUNT REIMBURSABLE TO BEAZER HOMES TEXAS LP <br />AS OF DULY 31, 2016 S 1,394,050.45 <br />Developer Interest * 55,466.42 <br />TOTAL AMOUNT PAYABLE TO BEAZER HOMES TEXAS LP <br />AS OF JULY 31, 2016 S 1,449,516.87 <br />* Interest is calculated based upon the J.P. Morgan Chase Bank prime <br />commercial lending rate in accordance with the Development Agreement. <br />Schedule A <br />Page 3 of 3 <br />
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