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From: BILLY WASSON <br />To: rcurtis <br />Date: 8/28/98 10:05am <br />Subject: Preliminary calculation of Solid Waste "prepay" of rent. <br />I have taken a first cut at calculating a cost ofr solid waste to pay for their space up front. I would like you to check <br />out my logic and numbers. <br />I started with the BOMA caiculation of 6494.23 of rentable space. These figures come from Leonard and his latest <br />calculation of BOMA. I then took the oost estimation report and used the building core and shetl sq. ft. cost of <br />$73.45 and added to that the tenant impovement cost for the fifth floor of $31.11 to come up with a sq. ft. cost of <br />$104.56. When I take that against the rentable sq. ft. it comes to $679,036.69. To this would have to be added the <br />per space cost of parking which I calculated to be $15,313. <br />I also assume that Solid Waste would stili be obligated for the operations and mainten~e costs on a monthly <br />basis which is estimeated to be about $.30/sq.ft. y~S ~~p~ ~~ a~ ~;~~ <br />Check out what I have done work directly with Jim, Thanks. <br />~i ; <br />CC: jsears, bwasson, i:clewis~melvinmark.com r~,;;_ ~ <br />