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Hopeworks Social Enterprises 5/1/2018
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Hopeworks Social Enterprises 5/1/2018
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Last modified
7/30/2019 11:23:44 AM
Creation date
7/30/2019 11:23:32 AM
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Contracts
Contractor's Name
Hopeworks Social Enterprises
Approval Date
5/1/2018
Council Approval Date
10/27/2017
End Date
12/21/2043
Department
Planning
Department Project Manager
Rebecca McCrary
Subject / Project Title
Hopeworks Station II Project
Tracking Number
0001916
Total Compensation
$400,000.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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EXHIBIT D <br /> Project Budget <br /> Hope Works Station II <br /> USES Non-Resdtl <br /> Land 400,498 <br /> Construction Costs 8,220,715 <br /> Sales Tax 822,072 <br /> Contingency 822,072 <br /> Furnishings and Equipment 172,000 <br /> Architecture& Engineering 892,945 <br /> Permits & Utility Hook-ups 213,540 <br /> Financing& Lega I Costs 248,609 <br /> Developer Fee 104,356 <br /> Other Soft Costs 172,469 <br /> TOTAL 12,069,274 <br /> SOURCES Non-Resdtl <br /> State of WA-direct grant 2,710,000 <br /> New Markets Tax Credits 2,942,053 <br /> Snohomish County CDBG 378,983 <br /> City of Everett CDBG 377,400 <br /> City of Everett-Other 400,000 <br /> Capital Campaign 2,660,838 <br /> Private Debt 1,700,000 <br /> LI HTC Land Sale Proceeds 497,322 <br /> HopeWorks Land Contribution 402,678 <br /> TOTAL 12,069,274 <br /> D-1 <br />
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