Page 10 - Silver Clips

Crossing Park Timeline
Crossing Park Development Expected Accrued Development
Component Development Development or Sales
Event Completed Cash Cash Activity
Year 1 and 2
Initial Selling/Building Town Homes
3 Stages Selling Tower 1
Year 3
Town Homes $5,835,334 $5,835,334 Building Tower 1
Selling Tower 2
Tower 1 $20,113,568 $25,948,901 Building Tower 2
Year 4
Tower 2 $20,113,568 $46,062,469 All Complete
Year 5
$46,062,469 $46,062,469
Stage One
Pre Sales
Initial
Revision of Site Plans $5,000
Site Plan Approval Amendments
Servicing Reports $10,000
Landscaping $10,000
Planning Justification Reports (PJR) $15,000
Application Fees $5,000
Contingences/Over Budget/Other $10,000
3 Stages
Total Stage 1 $55,000 $55,000
Stage Two
Sales
CAD Floor Plans $30,000
Elevations and Renderings $20,000
Contingences/Over Budget/Other $20,000
Total Stage 2 $70,000 $70,000
Stage Three
Post Sales
Build Per the Plans
Total All Stages $125,000 $125,000