1 Exhibit 10.46 SCHEDULE TO FORM OF OCWEN DEVELOPMENT AGREEMENT FILED PURSUANT TO INSTRUCTION 2 TO ITEM 601(a) OF REGULATION S-K
1
Exhibit 10.46
SCHEDULE TO FORM OF OCWEN DEVELOPMENT AGREEMENT FILED PURSUANT TO INSTRUCTION 2
TO ITEM 601(a) OF REGULATION S-K
Facility Location Date Developers Land Facility Architect Architect
Agreement
Dated As Of
-----------------------------------------------------------------------------------------------------------------------------
Medina, OH December 31, Senior Care 5.29 acres 80 units SSGS September 27,
1997 Operators of located on North Architectural 1997
Ohio, LLC and BCC Jefferson Street, Associates, Inc.
Medina, Ohio Scholl, Sowers,
Xxxxxx & Xxxxxx
Architectural
Associates, Inc.
Shippensburg, PA March 31, 1998 Senior Care 4.13 acres 60 units Xxxxxxx X. November 6,
Operators of located on Walnut Xxxxxx, 1997
Shippensburg, Bottom Road, Architect, P.A.
LLC and BCC Shippensburg,
Pennsylvania
Centerville, OH March 31, 1998 Senior Care 4.8 acres located 106 units Scholl, Sowers, October 29,
Operators of at the Xxxxxx & Xxxxxx 1997
Centerville, LLC intersection of Architectural
and BCC Xxxxx Road and Associates, Inc.
Washington Church
Road in
Centerville, Ohio
Facility Location Base Yield Rate General Contractor Letter Of Credit Name
-----------------------------------------------------------------------------------------------------------------------
Medina, OH 9.125% Adena Corporation $750,000 "Outlook Pointe at
Medina"
Shippensburg, PA 8.875% Pyramid Construction $625,000 "Outlook Pointe at
Services, Inc. Shippensburg" or
Balanced Care,
Shippensburg
Centerville, OH 8.875% Xxxxxxx Xxxxx, Inc. $1,250,000 "Outlook Pointe at
Centerville"
2
Facility Location Umbrella Excess Comprehensive Public Deficiency Minimum Developer's Fee
Liability Liability Insurance Balance
Insurance
-----------------------------------------------------------------------------------------------------------------------
Medina, OH $5,000,000 $1,000,000 per $750,000 $300,000 $400,000
incident and
$3,000,000 in the
aggregate
Shippensburg, PA $10,000,000 $1,000,000 per $625,000 $425,000 $300,000
incident and
$3,000,000 in the
aggregate
Centerville, OH $10,000,000 $3,000,000 per $1,250,000 $950,000 $$450,000
incident and
$6,000,000 in the
aggregate
Facility Location Amount Of Amount Of Amount Of Developer's Jurisdiction
Developer's Fee Developer's Fee Fee Payable On Date
Payable On Letter Payable In Monthly Of Final Payment
Credit Effective Date Installments
-----------------------------------------------------------------------------------------------------------------------
Medina, OH $260,000 $60,000 $80,000 Ohio
Shippensburg, PA $195,000 $45,000 $60,000 Pennsylvania
Centerville, OH $292,500 $67,500 $90,000 Ohio
