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2966 Arcade <br />TIF Analysis <br />Purchase 2945 & 2959 Labore (EMV = $194,000 + $184,900) <br /># of Units <br />EMV Per Unit <br />Total EMV <br />Est. Tax Capacity <br />Less: Base Tax Capacity - 2012 <br />Net Tax Capacity <br />X City Rate (Est. Pay 2011 Rate) <br />$ Generated <br />Supportable Debt (10 yrs CA 6.5 %) <br />Supportable Debt (15 yrs C4) 6.5 %) <br />Supportable Debt (25 yrs 6.5 %) <br />Cost Summary <br />2966 Acquisition, Taxes, & Demo <br />Interest - $520,000 * 6.5% for•48 months <br />Additional R/VV - House+ Demo. <br />Infrastructure <br />Lighting <br />Landscaping & Signage <br />Engineering <br />Permits /Fees /Insurance <br />Subtotal <br />Less Lot Value (15 *100,000) <br />Net To Recover <br />Capitalized Interest 5 °ro for 24 months <br />Total To Be Recovered <br />Surplus /(Deficit) <br />Surplus /( Deficit). <br />Surplusl(Deficit) <br />1/5/2012 14:37 <br />5 <br />15 <br />400,000 <br />6,000,000 <br />60,000 <br />8,169 <br />51,831 <br />95.519% <br />$49,508 <br />.$35$,90.8 <br />$465,512 <br />$603,898 <br />520,000 <br />135,200 <br />488,900 <br />521,652 <br />5,800 <br />55,000 <br />43,700 <br />75,046 <br />1,845,298 <br />1,500,000 <br />345,298 <br />34,530 <br />379,828 <br />- 23,920 <br />85,684 <br />224,070 <br />Certified +EMV's *1 <br />Max Rate at Certification <br />10 Yrs of TIF <br />15 Yrs of TIF <br />25 Yrs of TIF <br />EMV + 351< +$20k X.2 <br />10 Years of TIF <br />15 Years of TIF <br />25 Years of TIF <br />