Laserfiche WebLink
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 />Supportable Debt (10 yrs© 8.0%) $7O,350.18 <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 />10/21/2005 16:14 <br />- 4 - <br />