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The COR Development Management TH <br />C 141 <br />, 1 1 P.i <br />x!; .1 . <br />Deal: McDonalds Restaurant <br />Date: 10/23/12 <br />Net Land Sale Price <br />Pro -Forma Building Value <br />• <br />Building Subsidies <br />MN•DOLI Building Valuation * 1,25 - cannot exceed <br />Sub Total <br />Site Improvement Cost <br />Off -sites <br />Site Subsidies <br />Sub Total <br />Development Soft Costs <br />Net Subsidies <br />cannot exceed 20% of a -c <br />Sub Total <br />Total Development Fee (2% of DCC) <br />Fee: 2,00% <br />Total Development Fee <br />Large Development Adjustment (DCC > $30m) <br />Phased Development Adjustment <br />Adjusted Development Fee <br />Due at PA <br />Due at Closing <br />Due at CofO <br />Subsequent to Sellers obligations <br />MAMMY. NINMCIOI. <br />L A N D F O R M 0 <br />e • <br />9 • <br />(tom Site to fmhh <br />DM RI S HEET <br />$ <br />470,000 <br />1,200,000 <br />792,056 <br />792,056 <br />660,000 <br />200,000 <br />860,000 <br />500,000 <br />450,000 <br />TOTAL Development Capital Costs (per compensation Formula) $ 2,572,056 <br />$ 51,441 <br />=Fee Calculation . ,, <br />$ 51,441 <br />N/A <br />N/A <br />$ 51,441 <br />Pa yment, <br />te& ._ <br />ourlt <br />$ 10,288 <br />$ 30,865 <br />$ 10,288 <br />Approved: <br />Landform Professional Services <br />City of Ramsey HRA <br />