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4.1. EDSR 02-23-2016
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4.1. EDSR 02-23-2016
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2/22/2016 11:52:49 AM
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City Government
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2/23/2016
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Exhibit D <br /> IX.SAMPLE BUT-FOR ANALYSIS <br /> WITH NO WITH <br /> TAX ABATEMENT TAX ABATEMENT <br /> SOURCES AND USES SOURCES AND USES <br /> SOURCES SOURCES <br /> Mortgage $5,666,000 $5,530,000 <br /> Equity $1,500,000 $1,500,000 <br /> Tax Abatement 0 $136,000 <br /> TOTAL SOURCES $7,166,000 $7,166,000 <br /> USES USES <br /> Land 0 0 <br /> Site Work $390,000 $390,000 <br /> Soil Correction $0 $0 <br /> Demolition $100,000 $100,000 <br /> Relocation $0 $0 <br /> Subtotal Land Costs $490,000 $490,000 <br /> Construction $3,930,000 $3,930,000 <br /> Finish Manufacturing $0 $0 <br /> (Equipment) $730,000 $730,000 <br /> Subtotal Construction Costs $5,150,000 $5,150,000 <br /> Soft Costs $323,000 $323,000 <br /> Taxes $9,000 $9,000 <br />
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