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Agenda - Council - 06/10/2014
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Agenda - Council - 06/10/2014
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3/17/2025 4:20:08 PM
Creation date
6/11/2014 10:25:08 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/10/2014
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Revenues <br />Appraised Land Value* <br />Expenses <br />Demolition/Site Clean Up** <br />Deal Price Reduction/Subsidy*** <br />Broker Fee/Legal <br />Sub Total <br />NET Cash Flow, 1X Transaction <br />Feasibility: One Time Transaction <br />Data Center N1 <br />Single Data Center <br />1,275,000.00 <br />$ (225,000.00) <br />TBD** <br />$ (105,000.00) <br />$ (330,000.00) <br />TBD** <br />Data Center #2 <br />Two Data Centers <br />1,275,000.00 <br />$ (225,000.00) <br />TBD** <br />$ (105,000.00) <br />$ (330,000.00) <br />TBD** <br />*2013 Market Appraisal (based on standard "Business District Zoning" Comparables) <br />**May be eligible for County HRA funding <br />***Will depend n1 . { .fY( 1 Wit-1./ direction and market conditions <br />Revenues <br />Appraised Land Value* <br />Expenses <br />Demolition/Site Clean Up** <br />Deal Price Reduction/Subsidy*** <br />Broker Fee/Legal <br />Sub Total <br />NET Cash Flow, 1X Transaction <br />Residential <br />47 Single Family Homes <br />650,000.00 <br />$ (225,000.00) <br />TBD** <br />$ (55,000.00) <br />$ (280,000.00) <br />TBD** <br />*2013 Market Appraisal <br />**May be eligible for County HRA funding <br />***Will ' . { fy( .1 (Wity di/1,, 4 conditions <br />
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