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MULTI=FAMILY 25 UNITS PER ACRE = 1 ACRE PAX <br />BATON Down Pgym@pt (each up frpnt) -- $375,000 <br />$3,000 per unit maximum developer payment <br />CITY $315,900 2 acres ef Park (I acre <br />dedicated) <br />Final Deal $690,000 Total downpaym@n,,t to. 6ehool <br />$610, 000 Still owed to gigh661 On TIP <br />($1,300,000 - $Qgoigoo) <br />INCREMENT <br />125 units x 90,000 value = 6,450,000 x .034 212,500 -- (43,000 <br />Taxes) = 169.500.annual,incre-ment <br />PAYOUT 4.41 years <br />C.D.B.G. POTENTIAL, <br />$610,000 - School Payment <br />2001000 - C.D.B.G. <br />410,000 - Owed to school <br />Payout on 169,500 increment = 2.79 years.- <br />