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2004-05-12 CC Meeting
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2004-05-12 CC Meeting
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<br />TIF District Assumptions <br /> <br />NORTHLAND. SECU RI Tl ES <br /> <br />City of Centerville <br />Tax Increment Financing (Redevelopment) District <br />Townhome Project <br /> <br />Certification Request Date 09/01/04 <br />Decertification Date 12131126 (20 Years oflncrement) <br />Present Value Date 09/0] /04 <br />Present Value Rate 6.00% <br />Type of TlF District: Redevelopment <br />Type of Debt: Loan (Pay-as-you-go) <br />Fiscal Disparities Election: Outside <br />Fiscal Disparities Rate: 0.0000% <br />Local Tax Capacity Rate: 134.366% 2003/04 <br />Administration: 10.00% <br />Pooling/Sharing: 20.00% <br />Percentage of Tax Capacity Retained: 100.00% <br />Market Value Inflator: 100.00% <br />Base Value Information (1)(2) 2004/2005 200412005 <br />Re- Map 200412005 CLASS RATE CLASS RATE 2004/2005 <br />Class Ref. PID# EMV 1st Tier 2nd Tier NTC <br />RES A 23-31-22-44-0003 142,400 1.00% 1.25% 1,424 <br />RES B 23-31-22-44-0002 130,200 1.00% 1.25% 1,302 <br />RES C 23-31-22-41-0007 140,200 1.00% 1.25% 1,402 <br />RES 0 23-31-22-41-0006 84,300 1.00% 1.25% 843 <br />RES E 23-3] -22-44-0007 48,000 1.00% 1.25% 480 <br />Cl F-I 23-31-22-41-0052 360,]00 2.00% 2.00% 7,202 <br />CI F-2 23-31-22-41-0003 288,112 2.00% 2.00% 5,762 <br />CI F-3 23-31-22-41-0004 26,800 2.00% 2.00% 536 <br />RES G 23-3] -22-44-0004 289,500 1.00% 1.25% 2,895 <br />CI H 23-31-22-14-0005 214,300 2.00% 2.00% 4,286 <br />CI I 23-3 ]-22-14-0058 223,900 2.00% 2.00% 4,478 <br />CI J 23-31-22-44-0008 711,900 2.00% 2.00% ]4,238 <br />CI KI 23-31-22-44-0005 286,100 2.00% 2.00% 5,722 <br />CI K2 23-31-22-44-0006 102,200 2.00% 2.00% 2,044 <br />C] K3 23-31-22-44-0009 13 1 ,200 2.00% 2.00% 2,624 <br /> Total 3,179,212 55,238 <br /> <br />(I) Based on reclassification of base values. <br />(2) Base values not adjusted for demolition. <br /> <br />Prepared by: Northland Securities - 5110/200410:38 AM <br /> <br />TIF 1 - 20 - Assumptions <br />
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