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<br />
<br />DEVELOPMENT AREAS 1 . 5 & 8
<br />ASSUMPTIONS
<br />DEVELOPMENT SUMMARY
<br />
<br />~ u~=---~-j==i_ - i---~Phase 1 i Phase 2 I Phase 3t---- Pha~ Phase 5 i 1- Phase 6[1----1 Phase 7: Phase 81 Phases 1.8
<br />_L i'-t---r----l 2005/2006*1 2006/2007 2007/2008 2008/20091 2009/2010 2010/2011-1----;011/20~--- 2012:~13 --~-;-OT~:~
<br />~mmerciall Retail. Sq. Ft. i Ii i i I I
<br />OJ3Jg Box Anchor -L-! 0 f 0 120,000 I' 30,000 0 0 0 0 150,000
<br />o !JunlocAnchon J l . 0 I ~ 0 0 0, 0 0 ~ 0
<br />
<br />~~~J~~~~~-~~~~~~t~t~_=E~=~=- F-- ~ ,--- 155.00U___ 155,00~I_______ _~+_____ ---l~c-=- ------1----~ _ 0 310,00~
<br />!.Jt~~~~.I. H- ~r--- - ~ I 1~~:~~~ I ~~:~~r-- ~ I ~ ~ w ~ I ~ ':~:~~~
<br />-~-l~:~~:: ~::: i-1~ I;~-=-~ ~ r= ~ I ~ I ~ ~ - ~ . ~ ~ ~
<br />
<br />Owner Occupied. Units , I ~ 0 0 0 I 0 0 0 0
<br />. 0 ! Area 8 housing !. I 0 ; 30 ! 30 ! . 30 30 I 0 I I 0 0 120
<br />
<br />~JC;~:n' ~;':~T~ h~~~I,-=::::-:-:-~_n_ . ...--ili ~~ r-- ~~ I ~~ ~ I ~ ~ ;~~
<br />
<br />o New Urban Townhome:. 0 ! 13 I 13 I 13 13 0 0 0 50
<br />--i '1... _:.. _:.. ~_-::-___=~-==~___-==J----------------::.::::.=j_-------------------- ------------------ ___________;=C=-__m_______u_____"
<br />TotaISgJ!.-gQ.rTlrl"1'_ nl---------.2..t __._ _u ___~ 435,000 1 225,000 I 0 0 0 0
<br />Total Units-Rent/For Sale I 0 I 149 I 149 I 149 1 149 0 0 0
<br />- I : I LJ. I I
<br />lative Sq. Ft. ; I 0 0 435,000 660,000
<br />l.,~.. ,ulative Units I f I 0 149 298 I 446
<br />
<br />==i=---r--n---t-i* Valuation year 1 Year taxes owed :
<br />i i I I I I I
<br />MARKET VALUES (after development, MV includes annual inflation each year)
<br />CO~.':f1~~[~I.I-Retail-I--l- ______ _~------------ _..___~_~________
<br />DiBig Box Anchor ~ I 0 I 0 10,716,375 I 3,013,980 343,259
<br />o -IJunior Anchor! '1 0 0 0 0 0
<br />o I Offic;e I \tV~r~I1_~~s~_ J- _ ______Q~-- .._n~~ ---------~--------.9.--"-1 ~ 0
<br />o Igffic;e -c;()rtl()r.~tEll i__~___________.....Q_ 14,656,219 I 15,389,030 751,131
<br />o ,Betaill gffic:.El_ ___._...Q~- __ ____.__~ 13,532,050 ~__ 3,805,889 433,448
<br />.0 iRestaurant ! i ~ 0 I 7,564,500' 2,127,516 I 242,300
<br />
<br />~tT~~rketLRa~et : Ql--~--%- ~ ~ ~
<br />~w~~:~~:,~;iM-11----'O' - ~ ~ ~ ~
<br />
<br />-0- lArea 8 hoUSifl9l 0 7,287,750 7,652,138 I 8,030,190 8,422,362
<br />- 0 IArea 1E & 2NE housin~1 . - 0 19,218,750 20,179,688 21,176,660 22,210,869
<br />o !Urban RowslTH F~lats ! 0 9,609,375 10,089,844 10,588,330 11,105,435
<br />OlNew Urban Townhome: .. . 0 3,587,500 i 3,766,875 I 3,952,977 I 4,146,029
<br />_~.___L__L-j~ I j uu_________u___ _n_____u____________ n_n___n_nn_nn In_u~n---n-u-- 100-00-0000--00---00-1
<br />
<br />Total Market Values r I 0 39,703,375 88,157,688 68,084,571 1 47,654,833
<br />_~... ..... r--T--r~ .1--
<br />Cun:ulative,Mk~ v~l~esl I
<br />
<br />660,000
<br />595
<br />
<br />660,000
<br />595
<br />
<br />660,000
<br />595 I
<br />
<br />660,000
<br />595 I
<br />
<br />660,000
<br />595
<br />I
<br />I
<br />
<br />o
<br />o
<br />
<br />351,840 360,636 -- 369,652 15,155,743
<br />o 0 0 0
<br />o 0 , 0 0
<br />769,909 789,1571 808,886 33,164,333
<br />444,285 455,392 466,777 19,137,841
<br />248,358 254,567 260,931 10,698,172
<br />o 0 0 0
<br />o 0 0 0
<br />o 0 0 0
<br />o 0 0 0
<br />784,811 804,431 824,542 -33,806,223
<br />2,069,649 I 2,121,390 I 2,174,425 89,151,432
<br />I 1,034,825~_ 1,060,6951 1,087,213 44,575,716
<br />I________~_~~'_~~~_ I --j-c::c_cc___~c~~~~~~u: m_______~?_~i~_~~_ _m_:~~~i:_,_~~~c
<br />6,090,012 I 6,242,262 6,398,319 262,331,059
<br />
<br />Est. Tax Increment
<br />_ 1 I i I I
<br />Cumulative Tax Iner. I
<br />
<br />3,375
<br />
<br />O~
<br />
<br />286,412
<br />
<br />127,
<br />
<br />o.
<br />
<br />I
<br />85,008 I
<br />
<br />srmf
<br />
<br />3,112,72611
<br />
<br />3,112,726
<br />
<br />o
<br />
<br />1,369,374
<br />
<br />I
<br />? qqQ n7,i
<br />
<br />? P,r::;7 F\t:;n
<br />
<br />? Q,in r::;p,r::;
<br />
<br />q n?r::; r::;Qq
<br />
<br />o
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