SPECIAL VALUATION APPLICATION Phase 2 August 2016 August 2018
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1 SPECIAL VALUATION APPLICATION Phase 2 August 2016 August W. PACIFIC AVENUE SPOKANE, WA PARCEL NUMBER: RECORD/PERMIT NUMBER: D16 094HP CRACKER BOX, LLC 1318 East 12 th Ave SPOKANE, WA (509)
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4 WASHINGTON CRACKER CO. BUILDING SUMMARY OF CAPITAL EXPENSES CORE/SUITE RENOVATION SUMMARY Phase 2 The renovations performed as part of Phase 2 of The Washington Cracker Company Building were mainly focused on finishing the remaining core renovations and individual suite renovations required to make the building safe and usable by future tenants. Renovations included but were not limited to the following: New High efficiency Daikin HVAC system extended to all remaining suites; New Grease Duct System to support food service tenants; Extend Security system and Access control to remaining suites, elevator, and access stairs; Extend/Modify fire sprinklers and fire alarm system to all building suites; and General extension and completion of Phase 1 buildout (electrical/plumbing/drywall/finish work). Below you will find a high level cost breakdown of each core renovation project completed: Section 1 PLANNING AND MANAGEMENT COSTS $2, Section 2 FIRE SPRINKLER SUITE EXTENSIONS $29, Section 3 FIRE & SECURITY SYSTEM EXTENSIONS $19, Section 4 GENERAL CORE & SUITE BUILDOUT Finish Work Floors $41, HVAC & Grease Duct $174, Electric Work $31, Framing/Sheet Rock $78, Custom Carpentry $83, General Construction $32,553.73
5 Renovation Summary - Phase 2 Project Cracker Box LLC 304 West Pacific Spokane, Wash Description Investment by Category Category Total Section 1 Planning and Management ($15,531.23) 1-1 Architectural and Designing fees/misc costs ($820.00) 1-2 Permitting fees ($1,608.34) 1-3 Crew Management, Material Ordering, and General Planning ($13,102.89) Section 2 Fire Sprinklers ($37,753.51) 2-1 Fire Sprinkler Suite Extensions ($29,646.66) 2-2 Fire Suspression System Hoods ($8,106.85) Section 3 Fire Alarms/Security ($19,829.71) 3-1 Fire Alarm installation ($667.13) ($845.00) ($18,317.58) Section 4 General Core and Suite Buildout ($483,992.60) (Suites B050, B060, 160, 250) 4-1 Life safety/fire extinguishers as required Security system installation Finish Work Floors (Floors, Trim, Carpet, Tile etc) ($82,933.48) HVAC/Grease Ducting Painting General Clean-up Framing tenant suites Sheet rock/mud/tape Plumbing in each Tenant Suite Custom Carpentry / Trim work etc. (Custom Cabinets/equipment instal/ Trim etc.) Misc Material purchases (Standalone material purchases) Electrical Insulation Installation Tenant Suites (sound deadening) ($174,704.87) ($3,922.58) ($11,696.36) ($24,121.88) ($50,647.04) ($1,733.65) ($83,719.19) ($15,201.14) ($31,798.89) ($3,513.52) Total ($557,107.05)
6 Description RENOVATION DETAIL BY SECTION Investment by Category Category Total Section 1 Planning and Management ($15,531.23) 1-1 Architectural and Designing fees/misc costs ($820.00) 1-2 Permitting fees ($1,608.34) 1-3 Crew Management, Material Ordering, and General Planning ($13,102.89) Section 2 Fire Sprinklers ($37,753.51) 2-1 Fire Sprinkler Suite Extensions ($29,646.66) 2-2 Fire Suspression System Hoods ($8,106.85) Section 3 Fire Alarms/Security ($19,829.71) 3-1 Fire Alarm installation ($667.13) 3-2 Life safety/fire extinguishers as required ($845.00) 3-3 Security system installation ($18,317.58) Section 4 General Core and Suite Buildout (Suites B050, B060, 160, 250) ($483,992.60) 4-1 Finish Work Floors (Floors, Trim, Carpet, Tile etc) ($82,933.48) 4-2 HVAC/Grease Ducting ($174,704.87) 4-3 Painting ($3,922.58) 4-4 General Clean-up ($11,696.36) 4-5 Framing tenant suites ($24,121.88) 4-6 Sheet rock/mud/tape ($50,647.04) 4-7 Plumbing in each Tenant Suite ($1,733.65) 4-8 Custom Carpentry / Trim work etc. (Custom Cabinets/equipment instal/ Trim etc.) ($83,719.19) 4-9 Misc Material purchases (Standalone material purchases) ($15,201.14) 4-10 Electrical ($31,798.89) 4-11 Insulation Installation Tenant Suites (sound deadening) ($3,513.52) Total ($557,107.05)
7 Capital Spend FULL TRANSACTION DETAIL Date Check Description Debits 8/13/ ( ) Spectrum electric - Outlets Main floor 8/9/ ( ) Added Platform Heater HVAC 1/19/ (924.80) Paint - Tenant \ 2018 Investment 10/18/ ( ) Accuflow - Grease Duct 7/18/ ( ) Accuflow - Grease Duct 7/17/ ( ) SDS Construction inv 280 2/3 7/13/ (543.45) Acme 7/13/ (390.67) Acme 7/10/ (567.00) SDS Construction Inv 307 7/10/ ( ) SDS Construction Inv 301 7/10/ ( ) SDS Construction 1/3 Inv 280 6/20/ ($7,151.91) Copeland Construction Finish Wrk S160 6/14/ ($791.10) Acme 5/11/ ($7,151.91) Copeland Construction Finish Work s160 5/8/ ($8,106.85) Fire Control - Jeremy Fire supression 4/24/ ($6,386.13) SDS Comstruct Inv 298 4/24/ ($6,000.00) Accuflo Greae Duct IPK 4/24/ ($10,377.62) SDS Comstruct Inv 300 3/31/ ($4,500.00) Accuflo - IPK Grease Duct 3/15/ ($2,447.02) Acme Security Elevator 3/14/ ($8,546.70) Suite 160Cabinents 3/3/ ($410.00) Metal Work Suite 160 3/1/ ($8,000.00) SDS Consruction 300 first pay 3/1/ ($3,226.57) SDS Consruction 307 2/10/ ($2,206.61) SDS Constructino Inv 297 2/10/ ($6,532.87) SDS Constructino Inv 296 2/10/ ($1,589.59) SDS Constructino Inv 281 2/10/ ($3,913.20) SDS Constructino Inv 279 2/10/ ($2,532.71) SDS Constructino Inv 278 2/10/ ($4,820.85) SDS Construction Inv 277 2/1/ ($1,035.81) Acme Security 1/25/ ($31,746.78) SDS Construction Inv 299
8 1/25/ ($38,685.57) SDS Construction Inv 302 1/20/ ($2,500.00) Security system 1/19/ ($8,478.60) Accuflow HVAC Suite 160 1/18/ ($739.91) Suite 250 electrical - Spectrum 1/18/ ($2,619.71) Spectrum - internet cable installation Haven 1/6/ ($2,065.30) SDS - Construction Inv 276 1/6/ ($2,562.60) SDS - Construction Inv 272 1/6/ ($860.78) SDS - Construction Inv 271 1/6/ ($4,041.49) SDS - Construction Inv 270 1/6/ ($2,282.70) SDS - Construction Inv 268 1/6/ ($956.56) SDS - Construction Inv 267 1/4/ ($5,000.00) Suite Cabinents 2016 \ /27/ ( ) Renewed Interiors - Carpet/tile Suite /22/ ( ) SDS Const inv /22/ ( ) SDS Const inv /16/ ( ) Dewey's Painting - IPK & Haven Paint 12/15/ ( ) Renewed Interior - Tile carpet Suite /5/ (489.15) SDS Const Inv /5/ ( ) Sds const inv /5/ ( ) SDS Const Inv /5/ ( ) sds Const inv /5/ ( ) SDS Const inv /2/ (947.76) SDS Const Inv /2/ ( ) SDS Const Inv /2/ (554.37) SDS Const inv /2/ ( ) SDS Const Inv /2/ ( ) SDS Const Inv 148 payment 2 12/2/ ( ) Suite /18/ ( ) Suite /18/ ( ) Suite /14/ ( ) SDS Const Inv 206 Fellow 11/14/ ( ) SDS Const Inv /14/ ( ) SDS Const Inv 192 Fellow 11/14/ ( ) SDS Const Inv /3/ ( ) Copeland 11/1/ ( ) McGrew Const - IPK Cabinents 10/25/ ( ) Blue Ribbon - 3rd floor 10/18/ ( ) Copeland 10/5/ ( ) Acme 9/27/ ( ) Copeland Construction 9/22/ ( ) McGrew Construction Kitchen Cabinents 9/22/ ( ) Spectrum Electric /22/ (719.04) Spectrum Electric inv #1891 9/16/ ( ) Accuflo - Grease Duct
9 9/16/ ( ) Accuflo - Grease duct 9/16/ (485.00) Fire Protection Specialists inv /16/ (360.00) Fire Protectin Specialists Inv Fire Protectin Specialists inv & 9/16/ (667.13) Fire Control Sprinkler Systems inv /13/ ( ) 9/13/ ( ) Fire Control Sprinkler Systems inv /13/ ( ) Blue Ribbon Hardood 3rd floor 8/26/ ( ) SDS Suite 250/2nd floor core inv 186 8/26/ ( ) SDS - Suite 250/2nd floor core inv 185 8/26/ (764.78) SDS - Suite 250/2nd floor core inv 178 8/26/ ( ) SDS - Suite 250/2nd floor core inv 174 8/26/ (660.35) SDS - Suite 250/2nd floor core inv 173 8/26/ ( ) SDS - Suite 250/2nd floor core inv 172 8/26/ ( ) SDS - Suite 250/2nd floor core inv 157 8/26/ ( ) SDS - Suite 250/2nd floor core inv 156 8/18/ ( ) Copeland Suite 160 8/15/ ( ) Copeland Suite 160 8/11/ ( ) Third Floor Isolation - Security Acme 8/9/ ( ) Copeland Suite160 8/3/ (820.00) Copeland - DesignFee 8/3/ ( ) Copeland Suite 160 Reconfig Shaft Grease ducts - Acme Security 8/1/ (733.73) 8/1/ (250.00) Access controls Suite 250 8/1/ (535.00) Access controls Suite 250
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