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Exhibit 2 <br /> Project Costs <br /> PINES SHOPPING CENTER <br /> REDEVELOPMENT PROJECT COSTS <br /> Land Acquisition $ 900,000 <br /> Site Preparation $ 415,500 <br /> Demolition $ 410,000 <br /> Planning and Engineering $ 203,200 <br /> Other Professional Fees $ 34,040 <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 Decatw/Pines Sl�opping Center Redevelopment Agreement 28 <br />