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Exhibit C
<br /> Projected Tax Increment Report
<br /> St.Anthony Village
<br /> Chandler N 58
<br /> Scenario A-Final TIF Projections(April 2002)
<br /> Less: Less: Retained Times: Less: Less: Cummulative
<br /> Annual Total Original Fiscal Captured Tax Annual State Aud. Admin. Annual Total Balance
<br /> Period Net Tax Net Tax Disp. @ Net Tax Capacity Gross Tax Deduction Retainage Net TIF TIF
<br /> Ending Capacity(a) Capacity N/A (b) Capacity Rate(c) Increment 0.425% 5.00% Revenue Budget Revenue(d)
<br /> 1 2 3 4 5 6 7 B 9 10 11 12
<br /> 1,108,212
<br /> 12/31/01 209,560 24,239. 0 185,321 140.708% 260,761 652 13,005 247,104 105.316
<br /> 12/31/02 183,910 18,180 0 165,730 128.965% 213,733 908 10,641 202,184 307,500
<br /> 12/31/03 153,258 15,150 0 138,108 128.965% 178,111 757 8,868 168,486 475,986
<br /> 12/31/04 127,715 12,625 . 0 115,090 128.965% 148,426 631 7,390 140,405 616,391
<br /> 12/31/05 127,715 12,625 0 115,090 128.965% 148,426 631 7,390 140,405 756,796
<br /> 12/31/06 127,715 12,625 0 115,090 128.965% 148,426 631 7,390 140,405 897,201
<br /> 12/31/07 127,715 12,625 0 115,090 128.965% 148,426 631 7,390 140,405 1,037,606
<br /> 12/31/08 127,715 12,625 0 115,090 128.965% 148,426 631 7,390 140,405 1,178,011
<br /> 12/31/09 127,715 12,625 0 115,090 128.965% 148,426 631 7,390 140,405 1,318,416
<br /> 12/31/10 127,715 12,625 0 115,090 128.965% 148,426 631 7,390 140,405 1,458,821
<br /> 12/31111 127,715 12,625 0 115,090 128.965% 148,426 631 7,390 140,405 1,560,000 39,226
<br /> $1,840,013 $7,365 $91,634 $1,741,014
<br /> (a)Assume 0 percent annual growth in Total Net Tax Capacity.
<br /> (b)Fiscal disparities not applicable.
<br /> (c)Frozen Tax Rate not applicable.
<br /> (d)In 2001:$250K streetscape/291h,$200K lot by Amoco,$800K Custom Liquidators.
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