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EXHIBIT A
<br />Project Overview and Project Costs
<br />This Table 1 summarizes the currently anticipated Project Costs to be financed within
<br />Zone No. 5.
<br />Yearly Cumulative
<br />Total Value Increase Increase 70% City 70% County Total Revenue Revenue
<br />Tax Year Valuation From Base Year Percentage Tax Tax Available Available
<br />2012
<br />$105,083,437
<br />$ 899,281
<br />0.86% $ 3,338
<br />$ 2,671
<br />$ 6,008
<br />$ 6,008
<br />2013
<br />$116,524,339
<br />$ 12,356,933
<br />10.9%
<br />$ 45,929
<br />$ 36,933
<br />$ 82,862
<br />$ 88,870
<br />2014
<br />$143,130,508
<br />$ 41,268,182
<br />24.7%
<br />$ 145,098
<br />$ 116,541
<br />$ 257,294
<br />$ 346,164
<br />2016
<br />$146,033,604
<br />$ 42,341,838
<br />0.7%
<br />$ 151,841
<br />$ 121,198
<br />$ 269,342
<br />$ 615,506
<br />2016
<br />$161,017,107
<br />$ 48,375,011
<br />4.1%
<br />$ 173,485
<br />$ 136,200
<br />$ 309,684
<br />$ 925,190
<br />2017
<br />$190,650,978
<br />$ 86,366,376
<br />24.9%
<br />$ 371,208
<br />$ 242,594
<br />$ 613,802
<br />$ 1,538,992
<br />2018
<br />$245,973,144
<br />$ 119,056,967
<br />31.3% $ 606,454
<br />$ 310,695
<br />$ 917,149
<br />$ 2,456,141
<br />2019 Actual
<br />$268,922,632
<br />$ 142,006,455
<br />22.0%
<br />$ 692,450
<br />$ 387,578
<br />$ 1,080,028
<br />$ 3,536,170
<br />2020 @ 25%
<br />$348,627,389
<br />$ 221,711,212
<br />30.0%
<br />$ 362,387
<br />$ 217,499
<br />$ 579,886
<br />$ 4,116,055
<br />2021 @ 25%
<br />$366,068,758
<br />$ 239,142,581
<br />5.0%
<br />$ 354,529
<br />$ 234,599
<br />$ 589,128
<br />$ 4,705,183
<br />2022 Estimated
<br />$384,361,696
<br />$ 257,445,519
<br />5.0%
<br />$1,068,656
<br />$ 707,151
<br />$ 1,775,808
<br />$ 6,480,991
<br />2023 Estimated
<br />$403,579,781
<br />$ 276,663,604
<br />5.0%
<br />$1,148,431
<br />$ 759,940
<br />$ 1,908,370
<br />$ 8,389,361
<br />2024 Estimated
<br />$423,758,770
<br />$ 296,842,593 1
<br />5.0%1
<br />$1,232,194
<br />$ 815,367
<br />$ 2,047,561
<br />$ 10,436,922
<br />2025 Estimated
<br />$444,946,709
<br />$ 318,030,532 1
<br />5.0%1
<br />$1,320,145
<br />$ 873,566
<br />1 2,193,711
<br />$ 12,630,633
<br />2026 Estimated
<br />$467,194,044
<br />1 $ 340,277,867 1
<br />5.0%1
<br />$1,412,493 1
<br />$ 934,675
<br />$ 2,347,169
<br />$ 14,977,802
<br />Assumptions:
<br />Estimated Years
<br />City Tax Rate $0.5930
<br />County Tax Rate $0.3924
<br />1. Infrastructure supporting cohesive redevelopment
<br />Zone No. 5 tax increment revenues shall be made available to facilitate investment in
<br />infrastructure or other improvements allowed by law that facilitate the following potential
<br />projects. This Project and Finance Plan will be amended as may be required by law to
<br />accommodate additional uses of the tax increment revenues within Zone No. 5:
<br />a. Projects that support multi -modal transportation and mobility including sidewalks and
<br />downtown shuttle services.
<br />b. Overall enhancement of the downtown area including but not limited to lighting, safety
<br />and other aesthetic features.
<br />c. Acquisition of property for parking and other public priorities with the amounts allocated
<br />to include the required operation and maintenance costs.
<br />SMrriRZ5/lnlerlocalAgraemenf/2021 A-1
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