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Table IV-C
<br />Major Public Improvement PID Bonds
<br />Special Assessment Allocation
<br />Annual Annual
<br />Planning Square Total Annual Assessment Assessment Installment Installment
<br />AreaLand UseUnitsFeet Gross AV AssesssmentInstallmentper Unitper SFper Unitper SF
<br />1Single Family275-$55,615,200$2,542,308$208,453$9,245$-$758$-
<br />2Single Family115-$28,060,000$1,282,692$105,172$11,154$-$915$-
<br />Subtotal390-$83,675,200$3,825,000$313,625
<br />8Multi-Family338-$45,630,000$1,038,347$86,589$3,072$-$256$-
<br />12Multi-Family370-$49,950,000$1,136,653$94,786$3,072$-$256$-
<br />Subtotal708-$95,580,000$2,175,000$181,375
<br />3Retail-69,696$10,454,400$214,677$17,289$-$3.08$-$0.25
<br />9Business Park-479,160$95,832,000$1,967,868$158,480$-$4.11$-$0.33
<br />10Retail-63,707$9,555,975$196,228$15,803$-$3.08$-$0.25
<br />11Retail-63,707$9,555,975$196,228$15,803$-$3.08$-$0.25
<br />Subtotal-676,269$125,398,350$2,575,000$207,375
<br />2Single Family229-$64,091,600$1,021,815$72,313$4,462$-$316$-
<br />6Single Family107-$32,560,100$519,107$36,737$4,851$-$343$-
<br />7Single Family86-$26,169,800$417,226$29,527$4,851$-$343$-
<br />13Single Family133-$40,259,100$641,852$45,423$4,826$-$342$-
<br />Subtotal555-$163,080,600$2,600,000$184,000
<br />Total1,653676,269$467,734,150$11,175,000$886,375
<br />Note: Estimates based on information available as of XX/XX/16, the date the original SAP was adopted by the City Council. The actual unit counts may vary from
<br />theestimatesshownabove,theinitialassessmentallocationforeachLotTypewillnotchangeunlessmodifiedinaServicePlanUpdateapprovedbytheCity
<br />Council,subjecttothetermsofthisSAP,thePIDAct,andanyotherdocumentsassociatedwithPIDBonds.Theaboveestimateassumesanaverage6.0%
<br />interest rate and a 30 year term for the PID Bonds and an annual administrative expense of $60,000 increasing at 2.0% per year.
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