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02-11-09 Meeting of the La Porte Redevelopment Authority Minutes
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02-11-09 Meeting of the La Porte Redevelopment Authority Minutes
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4/24/2017 4:29:09 PM
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City Meetings
Meeting Body
La Porte Redevelopment Authority/TIRZ
Meeting Doc Type
Minutes
Date
2/11/2009
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<br />LA PORTE REDEVELOPMENT AUTHORITY <br />SCHEDULE OF CONSTRUCTION, ENGJNEERlNG AND RELATED COSTS <br />REIMBURSABLE TO PORT CROSSING LAND, LP (DEVELOPER) <br />May 27, 2009 <br /> <br />(SEE ACCOMPANYING DISCLAIMER OF OPINION AND <br />EXPLANATION OF AGREED-UPON PROCEDURES PERFORMED) <br /> <br />DESCR1PTION <br /> <br />Palton Construction and Design <br />Land Clearing - <br />Powell Street and Export Drive <br /> <br />Amount Paid by Developer <br /> <br />Smith-Chern <br />Engineering - <br />Materials Testing <br /> <br />DRAFT <br />SUBJECT TO CHANGE <br /> <br />Amount Paid by Developer <br /> <br />Eastern Supply, Inc. <br />Miscellaneous Expense <br />Fort Crossing Site <br /> <br />Amount Paid by Developer <br /> <br />TOTAL AMOUNT REIMBURSABLE TO PORT CROSSING LAND, LP <br />AS OF MAY 27, 2009 <br /> <br />ADD LAND: <br />Port Crossing - Drainage <br />30.51 Acres orLand at $74,989.61 per Acre <br />Amount Paid by Developer <br /> <br />ADD LAND: <br />Port Crossing - Lift Stadon <br />0.22 Acres of Land at $74,989.61 pet Acre <br />Amount Paid by Developer <br /> <br />Developer Interest .. <br /> <br />TOTAL AMOUNT PAYABLE TO PORT CROSSING LAND, LP <br />AS OF MAY 27, 2009 <br /> <br />* Interest is calculated based upon the J.P. Morgan Chase Bank prime <br />commercial lending rate in accordance with the Development Agreement <br /> <br />Schedule A <br />Page 5 of 5 <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />TOTAL <br /> <br />- <br /> <br />$ <br /> <br />17,000.00 <br /> <br />- <br /> <br />- <br /> <br />25,102.00 <br /> <br />- <br /> <br /> - <br /> 4,444.05 <br /> - <br />S 8,431,729.43 <br /> - <br /> 2,287,933.00 <br /> - <br /> 16,497.71 <br /> - <br /> 1,360,327.49 <br />$ 12,096,487.64 <br /> <br />- <br /> <br />- <br />
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