HomeMy WebLinkAboutAdden 1LAG-20-028, Adden #1-21
1st
March
March 1, 2021
(approved via email from Cheryl Beyer)
NW Restaurant Experience
Summary of Rent
Rent Water* Gas* Electric * other Total Total Utilities
adjustment for 2019 billing of gas 5,832.00
Dec 19 596.48 2,014.97 2,040.62
Jan 20 440.12 1,867.66 2,052.97
Feb 20 11,017.15 473.14 1,987.64 1,957.07
Mar 20 3,506.71 355.87 3,239.57 2,064.69
Apr 20 waived
May 20 waived
Jun 20 500.00 262.64 65.64 1,059.27 883.94 cart repair
Jul 20 500.00 181.20 25.31 1,211.42
Aug 20 500.00 213.77 591.92 1,266.69
Sep 20 500.00 200.74 191.00 1,313.27 382.23 other repairs
Oct 20 500.00 148.62 554.02 1,160.81
Nov 20 paid 130.10 34.50 1,613.23
Dec 20 500.00
Jan 21 500.00
Feb 21 500.00
Total 18,523.86 3,002.67 16,404.22 15,740.02 1,266.17
Grand Total 54,936.93
** Need monthly utility figures
For purposes of Leasehold taxes the fmv was calculated as follows:
Approximates
Sales from Jan Sept 850,000
Sales from Jan march 410,000
Sales from April Sept 440,000
7% of sales 30,800
Ave monthly rent over 6 months april setp 5,133
25% capacity 1,283
Rounded to 1,250
Amount due per month 500.00
LET 160.50
Rent 339.50
* Beginning June 2020 utilities were adjusted to 50% of the amount allocated to the restaurant. The month of
November, the utiliites were reduced by 75% due to the fact they were only able to operate for 1/2 of the month