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<br />EXHIBIT A <br />TAX GENERATION FOR LAND USE PLAN - FIGURE 7 <br /> <br />Single Family Residential <br /> <br /> <br />Total Acreage................. ......................................... .... ..460 Acres <br /> <br />Densi ty...... ............... ....... .................. .... ... .... ....... .... ....3 Homes Per Acre <br /> <br />Total Homes ......................................... .... .......... ........ ..1,380 <br /> <br />Average New Home Value in 1994.......................................$117,272 <br />Tax Capacity Rate for Each Home (72,000 @ 1% > 72,000 @2%)..$1,625.44 <br /> <br /> <br />Tax Generation Rate................................... .... ............... ..1.09593 <br /> <br /> <br />Total Taxes Generated................... .............. ............... .... ..$2,458.288.47 <br /> <br />Mix Residential <br /> <br /> <br />Total Acreage. . . . . . . . . . .. . . .. .. .. . .. . . . . . . .. . . . . . .. . . .. . . .. .. .. . .. . . .. . ... . ..286 Acres <br /> <br />Average Density.. ...... ..... ..... ...........................................7 Units Per Acre <br /> <br /> <br />Total Units.................................................................. .2,002 <br /> <br />Value Per Unit (Based on Existing Apartment Building)...............$38,070.00 <br /> <br /> <br />Total Value..................................... ........................ ..... .$76,216,140 <br /> <br />Tax Capacity Rate @ 3.4% .................. ....... .................... ...$2,591,348.76 <br />Tax Generation Rate ....................................... ............... ..1.09593 <br /> <br />Total Taxes Generated..... ................................ ...... ........ ...$2,839,936.85 <br /> <br />Commercial/In dustrial <br /> <br /> <br />Total Acreage.............................................................. ..839 Acres <br /> <br />Lot Coverage................................................................ .35% <br /> <br />Total Square Footage of Building.... ......... ................ .......... ..12,791,394 <br />Value Per Square Foot (manufacturing/warehouse value)..............$31.46 <br />Market Value............................................................... ..$402,417,255.20 <br /> <br /> <br />Tax Capacity Rate......................................................... ..4.7% <br /> <br />Tax Capaci ty Value.. ... ..................... .......... ............ ..........$18,913,611.00 <br />Tax Generation Rate...................................................... ..1.09593 <br /> <br />Total Taxes Generated................... .............. ................... ..$20,727,993.70 <br />Total Property Taxes Generated By Land Use Plan..~.... $26,026,219.02 <br />City's portion @17%........................................ $4,424,457.23 <br />