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EXHIBIT B <br />Estimated Budget <br />Sources <br />Construction Loan <br />Developer Land Equity <br />Land Payment <br />City of Ramsey Loan <br />Cash and Loans from Others <br />Total <br />Uses <br />Construction, Soft Costs & Fees <br />Payoff of Existing Land Loan <br />Total <br />B-1 <br />$ 9,397,926 <br />1,370,000 <br />20,000 <br />1,877,683 <br />750,000 <br />$ 13,425,609 <br />$ 12,849,609 <br />576,000 <br />$ 13,425,609 <br />200153166v2 <br />