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APPENDIX E <br />ESTIMATE OF TAX INCREMENTS <br />- Dale Jones Proposal <br />- 40,000 SF Strip Mall <br />- 60,000 SF Anchor Super Market <br />- Estimated Taxes per square foot range $1.47 to $1.85 <br />- Tax Range from $147,000 to $185,000 Annual at Buildout. <br />- Original Assessed Value of Site = $134,200 <br />- Estimated Tax on Original Assessed Value ® $15,700 <br />- Tax Inerement Range = $131,300 to $169,300 <br />BONDING CAPACITY <br />- 12 Year Amortiztion <br />- 3 Year Capitalized Interest <br />- Total 15 Year Bond <br />- Interest hate at 9.5% Taxable <br />- Bond Range from $915,000 -to $1,180,000 (Rounded) <br />City of Mounds View TIF District No. 2 Modification 25 1 P a g e <br />