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Draft 11/10/2011 <br />Current Appraised Value of Property <br />7. Current Total Appraised Value of Property in Zone No. 5 <br />The total current appraised value within Zone No. 5 as of January 1, <br />2011 is $105,712,363. <br />Estimated Captured Value <br />8. Estimated Captured Value of Zone No. 5 in Each Year of Existence <br />The estimated captured appraised value of Zone No. 5 during each year <br />of its existence is shown on Schedule B - Projected Assessed Valuation. <br />Duration of Zone <br />9. Duration of Zone <br />The duration of Zone No. 5 is 5 years. Zone No. 5 will take effect on the <br />date it is created, and it is anticipated that the City Council will establish <br />January 1, 2011 as the base year of Zone No. 5. Zone No. 5 will terminate <br />on December 31, 2016. <br />City of San Marcos <br />Zone No. 5 Project Plan and Financing Plan 16 <br />