<br />(: Uotus\ti1\gateway\opus2 Opus
<br /> Per SQuare Foot
<br /> Total <hall Net Total
<br />Im SQuare Feet Taxes Increment Net Increq)ent
<br />Office 232,400 3.75 2.13 495.900
<br />Showroom 148,000 2,70 1.46 216.360
<br />Total 380,400 712,260
<br />
<br />Mimiurn Increment
<br />Land Suea Ye!!!! SQuare Feet Rate Net Increment Total
<br /> Phase 1
<br />Phase I 653,400 10 acres @ 1.50 office 26,000 2.13 55,479
<br />Phase II 435,600 10 acres @ 1 Showroom 39,000 1,46 57,014 112,493
<br />Phase III 609,840 14 acres @ 1 Phase If
<br />Phase IV office 10 1 ,200 2,13 215,943
<br />Total 1,698,840 Showroom 39,000 1.46 57,014 272,956
<br /> Phase rn
<br /> office 30,000 2.13 64,015
<br /> Mimium Showroom 70,000 1.46 102,332 166,341
<br />IS!! Increment Land SUClli Land Acauistion Phase IV
<br /> office 75,200 2,13 160,463 160,463
<br /> 1996 0 653,400 5,294,800 Showroom
<br /> 1997 0 435,600
<br /> 1998 89,995 609,840 Total 380,400 712,260
<br /> 1999 330,858
<br /> 2000 518,527 Summary
<br /> 2001 680.167 Present Value Basis
<br /> 2002 712.260
<br /> 2003 712,260 Casb Inflows
<br /> 2004 712,260 Increment 5,164,716
<br /> 2005 712,260 Land sales 1,516,131
<br /> 2006 712,260 Subtotal 6,680,847
<br /> 2007 712,260 Cash Outflows
<br /> 2008 712,260 Land Costs 4,995,094
<br /> 2009 712,260
<br /> 2010 712.260
<br /> 2011 712,260 Net City benefit 1,685,753
<br /> 2012 712.260
<br />P.V.OfCMh 5,164,716 1,536,331 4,995,094
<br /> District termination in 2011 pay 2012
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