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1 <br />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 />z: <br />- Tax Increment Fange $131,300 to $169,300 <br />BONDING CAPACITY <br />- 12 Year Amortiztlon <br />- 3 Year Capitalized Interest <br />- Total 15 Year Bond <br />- Interest Rate at 9.5% Taxable <br />- Bond Range from $915,000 to $1,180,000 (Rounded) <br />Appendix "E" - 1 <br />