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Abatement Revenues <br />• Current taxable market values (existing) <br />• Approximately $12M of residential property value <br />— Final abatement analysis and identification in process <br />• Estimated total abatement revenues equal to debt <br />service principal ($895,000) <br />• Annual revenues between $55,000-$74,000 <br />• 10-15 Year Term (commencing in 2016) <br />— Subject to final review and feasibility <br />Public Sector Advisors <br />Springsted <br />