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City Manager <br />January 19, 2016 <br />• furnished community center with enclosed community sun porch <br />• green amenities that promote energy and water conservation <br />• entertainment areas <br />• barbeque grills <br />• outdoor recreation areas <br />• library and computer room <br />• laundry room <br />The unit amenities may include: <br />• covered entries <br />• nine foot ceilings in the living room and all bedrooms <br />• ceiling fixtures in all rooms <br />• ceiling fans in bedrooms <br />• laundry connections <br />• storage rooms and closets <br />• covered patios <br />• high speed internet connections to all units <br />• energy star or equivalently rated kitchen appliances <br />• microwave ovens <br />• self - cleaning ovens <br />• refrigerators with icemakers <br />The estimated total cost of the development will be approximately $10,000,000.00. <br />II. Incomes of the Development <br />The income levels for the rent restricted units are based on the area medium income (AMI) in the <br />Paris area. The development contains set - asides for a variety of income levels that may include <br />30% AMI, 50% AMI, 60% AMI as well as Market Rate (non- income restricted) units. <br />Brownstone will rent 80 units at Paris Senior Village based on the following: <br />Unit Distribution by Income Level <br />Five (5) Units at 30% AMI <br />Twelve (12) Units at 50% AMI <br />Forty-three (43) Units at 60% AMI <br />Twenty (20) Units at Market Rate <br />OA <br />