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EM <br />Term Sheet <br />Sunrise New DevelopmentiRehab Gym <br />Use Source <br />Gap <br />Acquisition <br />(Costs) (Sunrise/Gym) <br />Parcel 1 <br />1 1 <br />Parcel 2 <br />545,000 545 <br />Demolition Parcel 1 <br />60,000 him <br />(60rOOO) <br />Soil Corrections Parcel <br />40 <br />(4O <br />Parking Road Improvements <br />50,000 <br />(50,000) <br />Rehab Parcel <br />150 50,000 <br />(100,000) <br />Total <br />1 1 <br />(260 <br />Assistance to Fill a <br />City Infrastructure Improvements <br />150,000 <br />(nevi roadway /additional parking for Raseiarook Park) <br />(City to assess Parcel 1 portion back to Sunrise over 15 years) <br />Sunrise provide funding to Gym for exterior improvements <br />100,000 <br />Total <br />260,000 <br />Summary of Taxes: <br />Annual Taxes <br />Existing <br />45, 000 <br />180,000 <br />135,000 <br />City Portion (15 <br />20x250 <br />Private /Public Investment Ratio <br />50 to 1 Public 1nvastment Recaputurad In <br />1 -2 years based upon new taxes <br />Wplanning files13159_sunrise Senior Living (James <br />Add ition )1Souroes& Uses senior gym <br />