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FIESTA MARKETPLACE PARTNERS (7)
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FIESTA MARKETPLACE PARTNERS (7)
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Last modified
9/4/2024 5:48:48 PM
Creation date
8/26/2024 3:02:04 PM
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Contracts
Company Name
FIESTA MARKETPLACE PARTNERS
Contract #
A-1986-080
Agency
Community Development
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Recipient: City_of Santa <br />Ana California <br />Grant Number: B-84-AA-06-0615(P) <br />Coe.-inuation Sheet --Exhibit D <br />RANGEL <br />Project <br />Budget - Summary of <br />Projected Expenditures <br />USE OF FUNDS <br />UDAG <br />SOURCES OF FUNDS <br />Private Other <br />TOTAL <br />Line Item Activity <br />Funds <br />Funds Funds <br />COSTS <br />a• <br />$ 216,357 <br />$ 216,357 <br />Land <br />b' <br />$90,000 <br />$50,412 <br />940,412 <br />Construction <br />c• <br />120,975 <br />120,975 <br />Professional Fees <br />d. <br />ti <br />J. <br />k. Capital Equipment <br />1. .Equipment not counted in <br />leverage ratio <br />m. Working Capital (not <br />counted in leverage ratio) <br />n. Profit & Overhead (not <br />counted in leverage ratio) <br />TOTAL PROJECT COST <br />$90,000 <br />$1,187,744 <br />o. <br />p. Recipient administrative costs <br />reimbursed from UDAG funds <br />q. Less: items not counted in <br />_ 216,357* <br />leverage ratio (line a.) <br />r. Total private investment to <br />$ 971,387 <br />be reported on QPR's ("countable, <br />private") <br />a. Plus: Discounted value of <br />+ 56,619 <br />UDAG loan repayment <br />t. Plus: Discounted value of <br />+ -0- <br />other public loan repayments <br />u, plus: Present value of <br />+ _0_ <br />lease payments <br />v. Totals used in computing $90' 000 <br />$1,028,006 <br />leverage ratio <br />- Discount Rate:-10% *Represents 75X'of the <br />already <br />appraised <br />owned. <br />• value of land <br />EXHIBIT D <br />$1.277,744 <br />Revised 3129184 <br />Page 3 of 6 <br />
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