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7.1 HRSR 03-03-2014
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7.1 HRSR 03-03-2014
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Last modified
3/18/2014 11:20:37 AM
Creation date
2/28/2014 10:56:40 AM
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City Government
type
HRSR
date
3/3/2014
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PlackhawkWoMf. <br />Rental Townhomes <br />,::W-Mer, 'ma" rk arxe—CIUX7�,,) <br />Assessor estimate of Real Estate Taxes (4-D) <br />$ <br />1,260 (2 BR) <br />Assume I BR Units @ 80% <br />$ <br />1,080 <br />(will send Final Construction Plans to Assessor) <br />,qvW, <br />W <br />4_.50 I BR"@ $1,080= <br />$ <br />50,400 <br />,,.:;>,, <br />35 2 BR @ $1,260= <br />$ <br />44,100 <br />Total New Real Estate Tax Estimate <br />$ <br />94,500' <br />Existing Tax (estimate) <br />(61000) <br />Estimated Increment <br />$ <br />88,500 <br />City Retains 10% <br />-$—(-81850) <br />Project Increment <br />$ <br />79,650 <br />15 Year TIF 3% Trending <br />$79,650 x 18-598914 = $1,481,404 <br />C:\Users\Denlse Johnson\Documents\2012 New PrqJects\Roger\New Project Info 8-2-10\Elk Rlver\ER OS 2-28-13 6/4/201310.44 AM <br />
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