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Agenda - Council - 06/30/1986
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Agenda - Council - 06/30/1986
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/30/1986
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Z. Cash Flow Assumptions and Analysis. <br /> <br /> The following are assumptions upon which the estimated <br />amount of increment available annually during the duration of TIF <br />District No. 2 is based: <br /> <br />1. The original assessed value is estimated to be <br /> $1,396,713. <br /> <br />The estimated assessor's market value for all develop- <br />ment after completion of streets, sewer and water is <br />$1,867,050. Captured assessed value will be $470,337. <br /> <br />The mill rate has been estimated at an aggregate of <br />98.4 mills for all taxing jurisdictions. <br /> <br />No inflation has been accounted for in the assessed <br />value of new development. <br /> <br />The project timing is estimated to include completion <br />of public improvements by January 2, 1988. <br /> <br />0541DA0].E40 <br /> <br />15 <br /> <br /> <br />
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