PROPERTY PROPERTY PROPERTY ASSESSED SCHOOL DIST.
PERSONAL CUMULATIVE CUMULATIVE DODGE CITY DODGE FORD STATE OF The Consultant assumed 2/3 of the permanent facility'sĬonstruction cost would occur in Year 2 or 2010 and 1/3 in Year 3 or 2011.īUILDOUT ASSUMPTIONS AND ESTIMATED CONSTRUCTION COSTĮST. The Developer's template showed construction costs in 20. Source: Discussions with commercial developers in Nevada.Ĥ. Construction materials cost estimated at 50% of building costs. **Total amounts do not equal investment amounts as the analysis excludes soft costs such as engineering, architecture,įinance and administration costs for property tax calculation purposes.ģ. *FF&E-furniture, fixtures and equipment, including gaming equipment which is allocated to casino. Construction costs are estimated using above square footages and cost breakdown provided by Dodge City Resort & Gaming Company LLC Source: Developer's revised application (final template).Ģ. Hotel 85,700 125 guest rooms, both standard and premiumĮntertainment 9,390 entertainment/convention spaceĪnalysis does not include proposed sporting center as no construction information is provided by the Developer in the template. Construction of the development, including the temporary facility, is estimated to take 31 months (December 2008 to July 2011).Ĭasino 87,043 800 slot machines, 20 table games Goal of $50,000 for "Stipends" (Source: Presentation to Gaming Review Bd.) Goal of 1% of GGR for local tourism efforts (Source: Presentation to Gaming Review Bd.)Ģ. Voluntary Contributions to Community and Governments (not included above):ġ. Developer Contributions under Proposer's estimates are not carried down to Consultant's estimateĪs roads, sewer and water infrastructure costs are not estimated due to lack of reliable cost dataĪnd due to the large variance between the two proposers' estimates. Infrastructure cost estimate was in 000s Consultant carried this amount over as reported in template.) (Note: Proposer's application did not state Road/streets, sewer/water and storm drains improvements estimated at $54,800 from 2009-11,Ħ0% paid for by proposer (shown under Dodge City). Voluntary Contributions to State and Local Governments:ġ. Meridian Business Advisors-September 2008 REVENUE: State Dodge City Ford County K-12 Schools State Dodge City Ford County K-12 Schools
CITY OF MERIDIAN STANDARD NOTES FULL
* 3 Years Construction + 2 Full Years Operating
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