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<br />I <br /> <br />I <br /> <br />I <br /> <br />Estimated Captured Appraised Value of the Zone During Each <br />Year of Existence <br /> <br />It is projected by the City that taxable property values will increase <br />approximately 1 % per year. Exhibit E shows the annual captured <br />appraised value of these increases in property value during the build <br />out period <br /> <br />Duration of the Zone <br /> <br />The City of San Marcos shall establish the Zone by ordinance. The <br />ordinance shall establish that the Zone will take effect March 1, 2006 <br />and termination of the Zone will occur on February 28, 2030 The <br />Zone may terminate at an earlier time designated by subsequent <br />ordinance <br /> <br />8 <br />