Page 11 - Silver Clips

Crossing Place Timeline
Crossing Place Development Expected Accrued Development
Component Development Development or Sales
Event Completed Cash Cash Activity
Initial Selling Tower 3
Year 1 and 2
3 Stages
Year 3
Building Tower 3
Selling Crossing Commons
Tower 3 $19,032,234 $19,032,234 Building Crossing Commons
Year 4
Crossing Commons $2,812,426 $21,844,660 All Complete
Year 5
$21,844,660 $21,844,660
Stage One
Pre Sales
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
Initial
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 3 Stages $125,000 $125,000