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<br />EXHIBIT D - NUMERICAL "BUT FOR" * <br /> <br />ES IMA TED MARKET VALUE INCREASE FOR A REDEVELOPMENT PROJECT <br />WITHIN THE INCREASED AREA OF THE MODIFIED DISTRICT <br />WITHOUT TAX INCREMENT ASSISTANCE <br /> <br />icipated that without tax increment assistance no redevelopment could be realized: <br /> <br /> <br />ed Market Value <br />riginal Market Value <br />ed Market Value <br /> <br />$ 6,000,000 <br />$ 6,000,000 <br />$ -0- <br /> <br />craftsman townhomes <br />n row town homes <br />120 u an townhomes <br />118 g ble townhomes <br />40 ex utive townhomes <br /> <br /> <br />IMATED MARKET VALUE INCREASE FOR A REDEVELOPMENT PROJECT <br />WITHIN THE INCREASED AREA OF THE MODIFIED DISTRICT <br />WITH TAX INCREMENT ASSISTANCE <br /> <br />ticipated that with tax increment assistance the following construction could be <br /> <br /> <br />ed Market Value <br />riginal Market Value <br />ed Market Value <br />resent Value of the Tax Increment Generated * <br />5.5% over the term of the Modified District and Subdistrict <br />See Attached Schedule 1 <br />reased Market Value <br /> <br />$ 99,000,000 <br />$ 6,000,000 <br />$ 93,000,000 <br />$ 15,634,215 <br /> <br />$ 77,365,785 <br /> <br />des tax increment revenue generated from the increased area of the Modified <br />and the Subdistrict. <br /> <br />G:\WPDA \N\NW QUAD\22\TIF\31 & 31A COUNCIL RESOLUTION. DOC <br /> <br />13 <br />