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111 <br /> 7. Total Estimate Market Value at Completion <br /> (Explain Calculation) <br /> $$1,542,857 pursuant to discussion with County Assessor <br /> 8. Submit an Itemized List of Eligible Costs Qualifying for Assistance (see Page 1 of <br /> Tax Increment Policy). <br /> a. Land Acquisition $350,000; <br /> b. Site Preparation $20,000; <br /> c. Utilities $10,000; <br /> d. Public Improvements $25,000; <br /> e. Pond Grading $50.000. <br /> Total $455,000 <br /> 9. Sources of Financing <br /> a. Equity $750,768 <br /> b. Bank Loan $1,001,757 <br /> c. Tax Increment Assistance $ <br /> 1111 d. Industrial Revenue Bonds $ <br /> e. Other(please specify source) $ <br /> 10. Form of Tax Increment Financing Assistance Requested <br /> X Pay as You Go <br /> Bond Issuance <br /> Excess Increment <br /> 11. Name & Address of Architect, Engineer, and General Contractor. <br /> Architect is Charles J. Radloff <br /> General Contractor is SB Commercial Construction <br /> Charles Plowe is the Civil Engineer <br /> 12. Estimated Real Estate Taxes on Project Site upon Completion of Project. (please <br /> show calculations.) <br /> $54,000 - year 1 stabilized, this is the estimated real estate tax based upon specific <br /> discussions with the county assessor. <br />