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I city of <br /> 1 V HTON Cityof New Brighton <br /> tbt our ik i fz: -:e g <br /> New Brighton Exchange <br /> Block I <br /> Pulte Homes Scenario <br /> As of 11/18/2012 <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 Town homes 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 Home Concept Plan-11/18/2012 <br /> 86 Single Family Homes built over 5 years beginning in 2013 $ 385,000 $ 29,278,270 $ 292,783 $ 5,536,554 <br /> 34 Townhomes built over 3 years beginning in 2015 $ 170,000 $ 4,404,020 $ 44,040 $ 788,973 <br /> $ 33,682,290 $ 336,823 $ 6,325,527 <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 /> 12/4/2012 E H L E R S <br />