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Agenda - Council Work Session - 09/26/2000
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Agenda - Council Work Session - 09/26/2000
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3/25/2025 1:47:50 PM
Creation date
9/8/2003 12:48:19 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
09/26/2000
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74 acres available <br />less 7% roads, etc. <br />69 Acres available for townhomes <br /> <br />High density (10 units/acre) on 41 acres <br /> <br /> Density I Market Value I ASS. Value @ 94"/. I Units I Ta× Cap/unit[ Total Tax Cap <br />High Density $140,000 $131,600 205 1,677 343,867 <br />High Density $160,000 $150,400 205 1,988 407,458 <br /> 410 3,665 751,325 <br />City Revenue (24%) $180,318 <br /> <br />vledium density (8 units/acres) on 28 acres <br /> <br /> Density ] Market Value I Ass. Value @ 94"/. <br />Medium Densit $170,000 $159,800 <br />Medium Densit $200,000 $188,000 <br /> <br />City Revenue (24%) $127,699 <br /> <br />Total Tax Capacity <br />Total City Revenue <br /> <br />1,283,403 <br />$308,017 <br /> <br />Units J Tax Cap/UnitI Total Tax Cap <br /> 112 2,143 239,98~ <br /> 112 2,608 292,096 <br /> <br />224 4,751 532,078 <br /> <br />-19- <br /> <br /> <br />
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