Orange County NC Website
11 <br />C. Site Conditions: What are the open-space requirements and the t+t~'~ <br />tono~raphic, geologic, soil, wetlands, andlor other special features or conditions that <br />~f€eet circumscribe the development of this parcel? What is the likely effect of such <br />features and conditions on the ability to develop the site? Based on these conditions or <br />constraints, is this an appropriate site for development? "-'° +''°r° ~~~~ +^~^^~°P i~ <br />^'' ° ~a~*~^~~? (20-1-8 points total) <br />B. Project Feasibility (30 points total) <br />A. The applicant must submit a general land use concept plan. (10 points total) <br />B. Anon-binding, but professionally competent project feasibility budget must be submitted <br />using the following worksheet. (Use current dollars, not inflation-adjusted dollars). (~10 <br />points total) <br />Total Acreage <br />Projected # of units <br />Projected type and tenure of units <br />Projected income targeting distribution <br /> <br />COST ESTIMATES Total Per Unit <br />Re uested land banking award <br />Total land cost <br />of total land cost from bond funds* <br />Soft Costs <br />Infrastructure Costs <br />SubtotaUDeveloped Lot Costs <br />of total develo ed lot costs from bond funds <br />Unit(s) Construction Costs <br />Other Costs leases eci ) <br />Total Costs <br />* Leveraging is required. This percentage must be less than 100% for the project to be eligible <br />for a Land Banking award. <br />