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Agenda - Economic Development Authority - 09/07/2000
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Agenda - Economic Development Authority - 09/07/2000
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
09/07/2000
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74 acres available <br />less 7% roads, etc. <br />69 Acres available for townhomes <br /> <br />IHigh density (10 units/acre) on 41 acres <br /> <br /> Density I Market Value I Ass. Value @ 94% I Units I Tax Cap/UnitI Total Tax Cap <br />iHigh Density $140,000 $131,600 205 1,677 343,867 <br />,High Density $160,000 $150,400 205 1,988 407,458 <br /> <br />City Revenue (24%) $180,31 <br /> <br />410 3,665 751,325 <br /> <br />Medium density (8 units/acres) on 28 acres <br /> <br /> Density I Market Value I Ass. Value @ 94% I Units I Tax Cap/UnitJ Total Tax Cap <br />Medium Densit $170,000 $159,800 112 2,143 239,982 <br />Medium Densit $200,000 $188,000 112 2,608 292,096 <br /> 224 4,751 532,078 <br />City Revenue (24%) $127,699 I <br /> <br />ITotal Tax Capacity <br /> Total City Revenue <br /> <br />1,283,403 <br />$308,017 <br /> <br /> <br />
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