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9/12/2013 <br />COR TIF District 1-14 <br />15 <br />• Redevelopment District under special legislation <br />— Certified on November 28, 2011 <br />— 26 years of TIF <br />• TIF can be used for: <br />— Reimbursement to HRA for land acquisition and public <br />improvements prior to creation of the district <br />— Future land acquisition and public improvements <br />— Construction of Northstar transit station & related infrastructure <br />• Structured parking, pedestrian overpass and roadway improvements <br />— Other future public improvements, exclusive of parks or City <br />facilities <br />• Roadway improvements <br />• Interchange <br />• Etc. <br />ell1.140FH,M1 Pl., rINA,1 <br />EHLERS <br />Potential Land Revenue — Primary Area <br />Use <br />Unit orSq/Ft Per unit PerSq/Ft TOTAL TOTAL By USE <br />Big Box 136,000 N/A <br />Restaurant 26,037 N/A <br />Fast Food 5,000 N/A <br />Retail 288,280 N/A <br />Office 441,572 N/A <br />Apartments 1,142 $ 10,000 <br />Town Homes 185 $ 15,000 <br />Single Family 14 $ 60,000 <br />Hotel 60 $ 15,000 <br />TOTAL N/A N/A <br />svic <br />$ 20 $ 2,720,000 <br />$ 20 $ 520,740 <br />$ 20 $ 100,000 I $ 17, 937, 780 <br />$ 20 $ 5,765,600 <br />$ 20 $ 8,831,440 <br />N/A $ 11,420,000 <br />N/A $ 2,775,000 I $ 15,935,000 <br />N/A $ 840,000 1 <br />N/A $ 900,000 <br />N/A $ 33,872,780 $ 33,872,780 <br />EHLERS <br />8 <br />