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it city of <br /> 0NEW <br /> B RI G H l TO N City of New Brighton <br /> th• cm that norks for too <br /> New Brighton Exchange <br /> Block I <br /> Pulte Homes Scenarios <br /> As of 06/19/2012 <br /> Average Total Taxable Total Net Tax Total Estimated <br /> Comparison Summary Home Value 1 Market Value Capacity TIF <br /> 1) City "Concept Plan 1" $ 175,000 $ 49,583,730 $ 495,837 $ 7,155,627 <br /> Residential Townhomes PREVIOUS ASSUMPTIONS <br /> 323 Units built over six years beginning in 2016 $ 225,000 $ 67,187,230 $ 671,872 $ 9,696,059 <br /> 2) City "Concept Plan 2" $ 175,000 $ 33,465,180 $ 334,652 $ 5,329,097 <br /> Residential Townhomes PREVIOUS ASSUMPTIONS <br /> 218 units built over five years beginning in 2016 $ 225,000 $ 45,346,180 $ 453,462 $ 7,221,064 <br /> 3) Pulte "Concept Plan 1" $ 298,800 $ 28,845,200 $ 288,452 $ 5,574,373 <br /> Single and Multi-family homes <br /> 100 units built over four years beginning in 2013 <br /> 4) Pulte "Concept Plan 2" $ 264,900 $ 28,172,690 $ 281,727 $ 5,392,117 <br /> Single and Multi-family homes <br /> 112 units built over five years beginning in 2013 <br /> 5) Pulte "Concept Plan 3" $ 282,200 $ 32,174,455 $ 321,745 $ 6,183,163 <br /> Single and Multi-family homes <br /> 119 units built over five years beginning in 2013 <br /> Note: 1) The Average Home Value is reduced by 10%for the assessor's value, but is not reduced for the homestead market value exclusion. <br /> 6/14/2012 0 EHLERS <br />