Oakhill Renaissance Mahoning County costs

Oakhill Renaissance Mahoning County costs

Here are the costs for Oakhill Renaissance Place as of Sept. 9, 2008:

Building costs

Architectural fees: $284,836 Demolition fees: $179,874 Heating and air conditioning: $223,373

Bankruptcy settlements: $111,875 Ohio Dept. of Development loan payments: $16,106

Total building costs: $816,064

Operating costs

Utilities: $1,379,174

Maintenance and repairs: $1,336,635

OTHER COSTS

Debt interest payments: $363,139

Legal fees: $202,811

Lawsuit settlement costs: $454,530

Total cash expenditures: $4,552,353

MINUS Rental reimbursements: $1,836,083

Cash expenditures to date: $2,716,270

Source: Mahoning County Auditor’s Office