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ShorelineMarina Highlights 2011 0705
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ShorelineMarina Highlights 2011 0705
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7/14/2011 3:31:49 PM
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7/14/2011 3:31:33 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
7/5/2011
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_CC Agenda 2011 0718
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\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0718
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& Revenue Calculation <br />0 <br />0 <br />0 <br />0 <br />A 200 -room hotel with conference facilities, pool and spa <br />— 100% TOT (Yrs 1 -5), 50% TOT (Yrs 6 -10), 0% thereafter <br />Full Service Restaurants (one 6,000 sf and one 4,000 sf) <br />— Base Rent + % of gross receipts <br />Multi- family — 36 rental units <br />— Net Present Value of Residual Land Value discounted at 8% <br />Office (100,000 sf) <br />— Net Present Value of Residual Land Value discounted at 8% <br />62 Townhomes on Monarch Bay Drive <br />— Net Present Value = $250.00 /sf x10% of Unimproved Residual Land Value <br />CAL -COAST <br />
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