 |
|
 |
|
The Finance
Plan
as at April 2008 |
| Income: |
|
|
|
From sale of private
housing |
£4,956,000 |
| Outgoings: |
|
|
| |
Construction Cost
of private housing. |
£2,693,000 |
| |
Developer’s Return
from private housing |
£601,000 |
| |
Land Owner’s Return |
£650,000 |
| |
Balance available
to MC & SC Project |
£1,012,000 |
| |
|
£4,956,000 |
| Construction
Cost of MC & SC Facilities |
£1,132,000 |
|
| |
Hall Build @ £120
per sq.ft (incl. legal costs) |
£665,000 |
| |
External Works |
£356,000 |
| |
Developer’s Return |
£111,000 |
| |
|
£1,132,000 |
| Financed
by: |
|
|
| |
Private Housing -
see above |
£1,012,000 |
| |
Sale of Existing
Village Hall |
£120,000 |
| |
|
£1,132,000 |
| The
funds currently in the MC&SC bank account from
earlier fund-raising will be used to create a sinking
fund to cover on-going maintenance costs, etc. |
| The
landowner has generously agreed to make all the
required land available freehold. In other words,
the village will own the land on which the new
building and enlarged playing fields stand in perpetuity. |
|
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