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Proposed Development <br />8 <br />Area A: Townhomes <br />Est. Value: $6.0M <br />Est. Total Tax: $105k <br />City Share: $31k (est.) <br />Area B: <br />Commercial/Retail <br />Est. Value: $3.3M <br />Est. Total Tax: $119k (est.) <br />City Share: $17k (est.) <br />Area C: <br />Independent/Assisted Living <br />Est. Value: $22.9M <br />Est. Total Tax: $403k <br />Available Increment*: $326k <br />City Share Post TIF: $120k <br />*increment 95% of total tax <br />Area D: Skilled Care <br />Est. Value: Exempt <br />Est. Total Tax: NA <br />City Share: NA <br />City receives taxes –taxes year 1 <br />City receives increment for project <br />development <br />Tax exempt portion of building