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05-30-1996
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05-30-1996
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7/25/2022 2:47:52 PM
Creation date
8/1/2018 6:44:23 AM
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MV EDC
EDC Document Type
Packets
Date
5/30/1996
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.5. REAL ESTATE/PROPERTY TAXES GENERATED <br /> (projected tax revenues should be bases on the existing property tax system and rates plus legislative <br /> future changes if subject to estimation.) <br /> • <br /> Point <br /> Value Projected Taxes <br /> + 1 Below$25,000 <br /> + 2 $25,000 - $49,000 <br /> + 3 $50,000 - $99,999 <br /> +4 $100,000 - $249,999 <br /> + 5 $250,000 and Over <br /> 6. SIGNIFICANT IMPACT MULTIPLIER <br /> Point <br /> Value Type of Development <br /> + 0 Retail <br /> . + 2 Office <br /> + 3 Office/ Service (50/50) <br /> + 3 Value Added (retail with significant <br /> service component) <br /> + 4 Industrial <br /> +1 Company/Corporate Head uarters - <br /> q <br /> location of upper management where <br /> decisions are made (add 1 pt to above) <br /> II Total Point Value <br />
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