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07-23-14 LPRDA/TIRZ
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07-23-14 LPRDA/TIRZ
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La Porte TX
Document Type
Agenda PACKETS
Date
7/23/2014
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LA PORTE REDEVELOPMENT AUTHORITY <br />SCHEDULE OF CONSTRUCTION, ENGINEERING AND RELATED COSTS <br />REIMBURSABLE To RETREAT AT BAY FOREST LP <br />NOVEINIBER 20, 2013 <br />(SEE ACCOMPANYING DISCI AaffiR OF OPINION AND <br />EXPLANATION OF AGREED -UPON PROCEDURES PERFORMED) <br />SER Construction Partners, Ltd. <br />Construction including Pilot Channel, Excavation, <br />Manholes, Water line, Tap, Boxe and Casing for <br />Retreat at Bay Forest <br />Amount Paid by Developer <br />Less: Amount Allocable to Other Projects <br />Civil Concepts, Inc. <br />En&eering - Construction <br />(Management and As -built Drawings <br />Retreat at Bap Forest <br />REIMBURSABLE <br />COST <br />5019,489.901 <br />343,054.80 $ 166,435.10 <br />Amount Paid by Developer 21,350.00 <br />TOTAL AMOUNT REINMURSA13LE To RETREAT <br />AT BAY FOREST LP AS OF NOVEMBER 20,2013 $ 187,785.10 <br />Add: Interest Calculated per Agreement* 36,884-84 <br />TOTAL AMOUNT PAYABLE TO RETREAT <br />AT BAY FOREST LP AS OF NOVEMBER 20,2013 $ 224,669.94 <br />*Interest was calculated at the prime rate, of JPmorgan Chase Bank in <br />accordance with the Development Agreement,and limited to five years. <br />No additional interest will accrue. <br />Balance Due $ 224,669,94 <br />Amount for approval 50,000.00 <br />Amount remaining $ 174,669.94 <br />Schedutc A <br />Pap I or I <br />
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