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RecDoc 2026-002924 Development Agreement 901 El Camino Real
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RecDoc 2026-002924 Development Agreement 901 El Camino Real
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Last modified
3/17/2026 4:33:37 PM
Creation date
3/17/2026 4:29:08 PM
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Recorded Docs - Type
Agreement
Subject
Development Agreement - El Camino Real Holdings JV
Doc Num
2026-002924
Rec Date
1/20/2026
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Shasta Street <br />Detaited Budget <br />DEVELOPMENT BUDGET <br />Item <br />Total Project Cost <br />Per Unit <br />Lease -up fee <br />25,000 <br />Personnel, Supplies, Advertising <br />63,690 <br />Community & Public relations <br />2.500 <br />Photos (project completion) <br />1,500 <br />Ground breaking & opening <br />1,500 <br />Relocation Expenses <br />432.900 <br />4.329 <br />Consultant <br />134.900 <br />Moving expenses <br />0 <br />Rental assistance payments <br />296.000 <br />Furnishings <br />50,000 <br />500 <br />Residential units <br />$2.500 <br />0 <br />Manager's office <br />5.000 <br />Community space <br />15.000 <br />Resident Services office <br />5.000 <br />Site furnishings <br />20.000 <br />Maintenance equipment <br />5,000 <br />Other. Entitlements <br />133,500 <br />1.335 <br />Consultant <br />1 f0, 000 <br />Traffic Study <br />23,500 <br />CEQA / NEPA consultants <br />0 <br />Other: Constn:ction-related services <br />283.000 <br />2,830 <br />Security <br />50.00 <br />0 <br />Cost -estimating <br />25.000 <br />Construction manager <br />Se.500 <br />?58,000 <br />Geotechnical monitoring <br />50,000 <br />Abatement monitoring <br />0 <br />Tesung & Inspections <br />50.000 <br />Other monitoring <br />0 <br />Pest extermination <br />0 <br />Prevailing wage monitoring <br />0 <br />Omer. Holding costs <br />500 <br />5 <br />Other. to County Fees (waived) <br />Other. Soft Cost Contingency <br />5.0% <br />612,240 <br />6,122 <br />Subtotal Soft Costs <br />1,877,128 <br />16,771 <br />DEVELOPER COSTS <br />Developer Fee <br />9.770,492 <br />97,705 <br />Project Administration <br />0 <br />0 <br />Accounting <br />25,950 <br />260 <br />Quarterly accounting <br />$1,3170 <br />8,450 <br />Audits & reviews <br />15,000 <br />Tax returns <br />2,300 <br />Subtotal Developer Costs <br />9,796,442 <br />97,964 <br />ATTY/AGR/2025.084/920 SHASTA AFFORDABLE HOUSING LAND DONATION AGREEMENT <br />REV: 10-16-25 VR <br />Exhibit B-1 - 21 <br />
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