FELICITE MOORMAN, ESQ.
Attorney, Entrepreneur, & Mom
CEO of BuLogics, Inc.
In the Mason Building at Ridge & Midvale
Multiple Properties Renovated
A One Year Search for Home:
Long-term Strategic Plan is East Falls
Both Business & Personal
Consultant at Comcast
Father of Three
Looking for a home rather than a house.
THE HAWLEY CHILDREN
Soleil Hawley Age 12
Started college at age 11. Current participant in Bel Canto Children’s Chorus
Concert Choir touring Europe next summer. Aspiring attorney and artist.
Finn Hawley Age 9
Has participated in competitive soccer and gymnastics. Is a current participant
in the Bel Canto Children’s Chorus Intermediate Choir and hopes to join the
touring chorus next year as their youngest member. Lives to fish and kayak.
Aspires to be a Professional Angler.
Lilia Hawley Age 5
Aspiring Disney Princess and Electrical Engineer.
Dedicated to our community, personally and professionally:
- Participated in Midvale Pedestrian Island cleanup
- Placed benches in at Midvale & Ridge Ave.
- Installed window treatments at Midvale & Ridge Ave.
- Participating in East Falls façade architecture project
- Host visiting companies at local eateries for lunch
- Encourage employees to buy local to East Falls
- Purchase local ourselves when possible
- Employees volunteered at bike race
SCOPE OF WORK
HOME AND CARRIAGE HOUSE
Repair all rotting/missing cornice work
Repair all existing Stucco
Repair or replace all windows and doors
Paint entire exterior of house and trim
Repave drive and walkways
Add new entry door to Carriage House
Replace all electrical wiring to meet Code
Repair/replace all plumbing for bathrooms
Repair all interior walls and paint home
Install new HVAC in home
Re-tile and refurbish existing bathrooms
Refinish existing flooring
Frame and finish Carriage house apartment
Estimated Project Cost: $500,000 - $600,000
We are not independently wealthy…
But we do have experience, a bit of vision, and knowledge of some helpful loan
Special Loan Program – FHA – 203k
Loan Amount dependent on appraisal, location, and number of units
Requirements of the loan:
1. Must occupy the property (principle residence)
2. FHA consultant assists in determining required projects
3. All monies for work are escrowed at closing
4. 6 month time limit to complete all work
5. Money is only released after work is completed
The loan limit for a 1 family property is $417,000 – NOT ENOUGH
The loan limit for a 2 family property is $537,000 – just enough to complete code
Unfortunately, we have a very tight schedule to make this project happen. If we
miss the Contract Term, we lose the opportunity to make this a reality. As such we
ask for your consideration this evening.
Contract Term Date: November 20, 2013
Zoning/Use Permit Application rejection:
East Falls Community Council Meeting:
Accelerated Zoning Appeal: ~4-5 weeks
Our first Christmas in East Falls
Nov 14 - Nov 20
Missing any of the above dates will cause us to default on the contract and
probably eliminate our ability to restore this property.
THE HOHENADEL HOUSE
AT 3617 INDIAN QUEEN LANE
BY FELICITE MOORMAN, ESQ.
CEO OF BULOGICS AT RIDGE AND MIDVALE
Felicite Moorman and Family are seeking community support for the renovation and restoration
of one of East Falls’ Premier Historic Properties. Already present and dedicated to East Falls via
BuLogics’ establishment in the Mason Building at Ridge and Midvale, Felicite is excited to move
her family of five to the area as well. Garnering funds for the renovation of the property
requires a zoning variance allowing the current carriage house loft apartment to be zoned to code.
There is ample parking on site, six spaces, and the zoning variance will only allow specifications
from a one family to a two family residence. Please call Felicite w/questions. 405.509.0035
Please Join Us
East Falls CC
11/6 at 7:00pm
Before & After
We are aware of the possibilities.
No risk is ever guaranteed success.
We could fail.
But every effort we put forth is an improvement
for the next hopeful romantic.
The Hohenadel House could be used as a twofamily home if we fail.
But...it will again be a Home.
We are perpetually obliged for the hard work and guidance of the following:
Ryan Buchert, Founder and CTO of BuLogics, Inc.
Gina Snyder, Director of East Falls Development Corporation.
The East Falls Community Council.
Realtors Jim Comley and Michael Garden.
203K Lending Specialist Frank Hanna of Gateway Funding.
Kelly Ennis and Val Nehez of Ennis|Nehez.
Our soon-to-be neighbors of East Falls! It’s been great to meet you!