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. <br /> :3 <br /> � <br /> � <br /> �� Exhibit 2 <br /> � Project Costs <br /> � <br /> � <br /> LL <br /> � <br /> i Iti;! <br />, � <br /> '�' <br /> PINES SHOPPING CENTER <br /> ,� REDEVELOPMENT PROJECT COSTS <br /> � <br /> a <br /> w <br /> Land Acquisition $ 900,000 <br /> Site Preparation $ 415,500 <br /> Demolition $ 410,000 <br /> Planning and Engineering $ 203,200 <br /> Other Professional Fees $ 34,000 <br /> Street Improvements $ - <br /> Utilities, including Sanitary Sewer and Water improvements $ 230,525 <br /> Construction Interest $ 300,000 <br /> Mortgage Interest (@30.00%) $ 1,813,421 <br /> Relocation Costs $ 160,000 <br /> Job Training & Retraining $ 160,000 <br /> Total Land Dev. Costs $ 4,626,646 <br /> Building Costs $3,780,000 <br /> Total Project Costs $ 8,406,646 <br /> City of Decatur/Pines Shopping Center Redevelopment Agreement 28 <br />