Northview Lot Values-Request for reduction in Letter of CreditNorthview
Lot Value for 21 Permitted Lots
Purchase Price of Land
Infrastructure Cost
Total Land/Infrastructure
Finished Lot Value
Value Created thru Permitting
Value Created Through Permitting
Percentage of Infrastructure Complete
Value Created thru Permitting
Value of Finished Lot
# of Finished Lots : Value Created
Release Request (# of Lots)
% of Infrastructure Complete
Total Number of Lots
Release Request
% Release Request of Total
Total Price
500000
1148586
1648586
2310000
661414
661414
110000
6.01285454545455
6
0.35
21
6
0.285714285714286
Price per Lot
23809.5238095238
54694.5714285714
78504.0952380952
110000
31495.9047619048