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<br />TIF District Assumptions
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<br />NORTHLANO'SECURITI ES
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<br />City of Centerville
<br />Tax Increment Financing (Redevelopment) District
<br />Townbome Project
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<br /> Total NTCI Total Tax Gross
<br />Townhomes Owne:l'5hip Units Acres MV MY!Unit Unit NTC Rate Tax
<br />Phase I Owner Occ. 4 666,000 166,500 1,665 6,660 134366% 8,949
<br />Phase 11 Owner Occ. 40 6,660,000 166,500 1,665 66,600 134.366% 89,488
<br />Phase III Owner Occ. 40 6,660,000 166,500 1,665 66,600 )34366% 89,488
<br />Phase IV Owner Oce. 8 1,332,000 166,500 1,665 13,320 134.366% 17,898
<br />Totals: 92 ]5,3]8,000 ]53,]50 205,522
<br />Conunercial Units
<br />Phase 1 Commercial 4 720,000 180,000 2,850 11,400 134366% 3,829
<br />Phase II Commercial 6 1,080,000 180,000 2,850 17,100 134366% 22,977
<br />Phase 111 Commercial 4 720,000 180,000 2,850 11,400 13066% 15,318
<br />Phase IV Commercial 4 720,000 180,000 2,850 11,400 134.366% 15,318
<br />Totals: ]5 5],300 57,441
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<br />Prepared by: Northland Securitles- 5111/2004 10:07 AM
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<br />TIF l-lO-NTC
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