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Hidden Acres <br />Tax Abatement Analysis <br /># of Units 11 <br />EMV Per Unit 425,000 <br />Total EMV 4,675,000 <br />Est. Tax Capacity 46,750 <br />Less: Base Tax Capacity 2005 3,568 <br />Net Tax Capacity 43,182 <br />X City Rate (Est. Pay 2006 Rate) 22.135% <br />$ Generated $9,558 <br />Total Generated Over 10 Years 95,583 <br />Supportable Debt (to yrs © 6 0%) $70,3506 <br />Cost Summary <br />Right -of -way Costs - Bougie 13,000 Est Cost @ $4.00 /sq. ft. <br />Right -of -way Costs - Grant 14,000 Est. Cost @ $4.00 /sq. ft. <br />Right -of -way Costs - Miller 38,260 Actual Cost <br />Legal & Misc. Costs 5,000 <br />Subtotal 57,260 <br />Capitalized Interest @ 6% for 22 months 6,299 <br />Total To Be Recovered 63,559 <br />5urpiusf(Defict0 6,792:•;.:_ <br />10/26/2005 8:59 <br />2 <br />