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1988_0919_packet
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1988_0919_packet
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11/29/2011 1:55:20 PM
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f <br />AMOUNT OF IAND IN ACRES AND SQUALRX FEECI 4,1 ACRES OR 178,596 <br />15 MTSZPIER ACRE AT A COST' OF ;�17,.00 PER FT. $11250,171 <br />15 Units - - Ah r will pay $1m50 per sq. fto $267j,894 <br />SUBSIDY NEEDED, <br />61,2 TOTAL UNITS ►$40,01010 84,320 <br />EXISTING z r <br />TAXES fw*g J <br />PAY9.UT I'S 1$4,2,,320 AT 8'1% iNTEREST OUTCOMEmri CAN NOT MEET PAYOUT <br />AM01UNT OF rl SQUARE 4ol ACRES OR 1781596 SQo FT. <br />R `7Rb'w PER ACRE' AT r PER FT. ! ,i <br />2115i Unitis i _ Developer pay $2.00 per sq. ft. $357f192 <br />SUBSIDY NEEDED. $892,980 <br />103 TOTAL T TI $601000 $6, 1 , 0 01 X *,034 " "' 210, <br />EXISTING 43 <br />TAXES 167,120 <br />I PAYOUT' IS 7,25, YEARS OUTCOMES CAN MEET'PAYOUT <br />AMOUNT OF' IAND IN ACRES AND SQUARE FEEIITOA 4al ACRES OR 178,596 SQ. FT. <br />20 UNITS/PER ACRE AT A COST OF $17.00 PIER, FTS $lf2501172 <br />20 Units p�er acre: Developer will pay $1.75 per sqv ft'* $3121543 <br />SUBSIDY NEEDED: 3 <br />TOTAL IT T Or 01 0I10 $41100,000 X . 34 13 , 00 <br />EXISTING 43.000 <br />FAXES 95,320 <br />PAYOUT IS' 20.25 YEARS O TECHNICALLY <br />ROSEVILLE'S TIME FRAME POLICY <br />
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