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7. Total Estimate Market Value at Completion <br /> (Explain Calculation) <br /> $5,084,000 $62,000 per unit X 82 units <br /> 8. Submit an Itemized List of Eligible Costs Qualifying for Assistance (see Page 51 <a a <br /> Tax Increment Policy). <br /> • <br /> a. Land Acquisition $429,000; <br /> b. Site Preparation $205,000; <br /> c. Utilities $35,000; <br /> d. Public Improvements $25,000; <br /> e. Pond Grading $200,000. <br /> Total $894,000 <br /> 9. Sources of Financing <br /> a. Equity $1,040,000 <br /> b. Bank Loan $4,783,971 <br /> c. Tax Increment Assistance Included in Mortgage <br /> d. Industrial Revenue Bonds $ <br /> e. Other (please specify source) $ <br /> 111 <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 /> $150,000, this is the estimated real estate tax based upon specific discussions with the <br /> county assessor and in comparison the an.existing adjacent senior housing project. <br /> • S <br />