Laserfiche WebLink
Shasta Street <br />Detailed Budget <br />DEVELOPMENT BUDGET <br />Item Per UnitTotal Project Cost <br />Lease-up fee 25,000 <br />Personnel, Supplies, Advertising 63,890 <br />Community & Public relations 2,500 <br />Photos (project completion)1,500 <br />Ground breaking & opening 1,500 <br />Relocation Expenses 432,900 4,329 <br />Consultant 134,900 <br />Moving expenses 0 <br />Rental assistance payments 298,000 <br />Furnishings 50,000 500 <br />Residential units $2,500 0 <br />Manager's office 5,000 <br />Community space 15,000 <br />Resident Services office 5,000 <br />Site furnishings 20,000 <br />Maintenance equipment 5,000 <br />Other: Entitlements 133,500 1,335 <br />Consultant 110,000 <br />Traffic Study 23,500 <br />CEQA / NEPA consultants 0 <br />Other: Construction-related services 283,000 2,830 <br />Security $0.00 0 <br />Cost-estimating 25,000 <br />Construction manager $6,500 158,000 <br />Geotechnical monitoring 50,000 <br />Abatement monitoring 0 <br />Testing & inspections 50,000 <br />Other monitoring 0 <br />Pest extermination 0 <br />Prevailing wage monitoring 0 <br />Other: Holding costs 500 5 <br />Other: LA County Fees (waived) <br />Other: Soft Cost Contingency 5.0%612,240 6,122 <br />Subtotal Soft Costs 1,877,128 18,771 <br />DEVELOPER COSTS <br />Developer Fee 9,770,492 97,705 <br />Project Administration 0 0 <br />Accounting 25,950 260 <br />Quarterly accounting $1,300 8,450 <br />Audits & reviews 15,000 <br />Tax returns 2,500 <br />Subtotal Developer Costs 9,796,442 97,964 <br />920 Shasta_100units_4+_AHSC+IIG_2024 06 24ATTY/RESO.0029/CC RESO APPROVING ARCHITECTUAL PERMIT, TENTATIVE PARCEL MAP (920 SHASTA) – EXHIBIT B <br />REV: 04-22-25 VR <br /> <br />Page 20 of 29