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Development Assumptions <br />• Key Fiscal Impact assumptions <br />- City Land Fill Fee - $1 per cubic yard ($13.6 million in <br />fees, assuming capacity of expansion is met by 2033) <br />- Gravel mining fees assumed to be the same under both <br />scenarios -for comparison purposes it is neutral. <br />- Land value for mining - $0.26/sq. ft. <br />- Land value for landfill - $0.53/sq. ft. <br />- Scenario 1 (expansion of land fill) <br />• build out of Business Park in 10 years (2031 to 2041) <br />• build out of peripheral area in 25 years (2031 to 2056) <br />Development Assumptions <br />• Key Fiscal Impact assumptions (continued) <br />- Scenario 2 (no expansion of land fill) <br />• build out of Highway Business in 25 years (2031 to 2056) <br />• build out of peripheral area in 25 years (2031 to 2056) <br />- Property Tax Assumptions <br />• Highway business - $21,437 per acre (Wal-Mart, M&I Bank, <br />Carson Bus Park Strip Mall) <br />• Business park - $30,162 per acre (Hillside Crossing South, <br />Target Data Center, United Health Group) <br />• Light Industry - $17,201 per acre (North Star Business Park) <br />- Factors inflation at 2% per year <br />3 <br />