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J <br /> e p <br /> - 2 a <br /> 1: °chase <br /> Assessed Pi ice at <br /> Spaces Value of 3 tax-'es <br /> Area provided Lard & Bldgs. Assessment <br /> Parcel I. The east side of the 100 block of <br /> SCLIth Yain Street adjacent to the <br /> Odd Fe?loirs Building on the no..:th, <br /> aald Business Systemz, I ak°, , on the .. <br /> soath, runninC east to the alley. 211•,090 7� 100,8803��' <br /> psx°cel 2. The east sif�e of the 100 block of <br /> N1ort1z Street bounded on the <br /> north ay Co' f a L •-ve• , o the east <br /> by the alley, and on the soutl: by ; <br /> tipe alley at mid-block. 32,010 <br /> ,11 <br /> Total. Cost Of Property <br /> $7839750 <br /> 2,000 <br /> Black Top on Parcel 1. ?.,53, <br /> Black To) on Par-cel 2. <br /> I�Latzrs a-• $90 each. - <br /> '806.1=0 <br /> Total Cost T - <br /> Tt is proposed that -the land be leased. to -the JJ�wntow:: South Bena Co'arc 1, a <br /> ^ r�tY.ed <br /> nonprofit org-LnizatJ_On, (or to so'�-e I_"n'ly Or�bZri'-I IiO,':?'Ofit CO °CC4V 1-L-ne bonds 0-Ver <br /> b�- the downtown businessmen) at an _:r_ruc- rate suifinia :o �-= dr$e�O De fec.sf-b7 <br /> ? ariod. of 20 years and pay the i n;,;-ast t�cre0 i. �S?'iS ?��.._ <br /> 1'J _ <br /> since our calculations shvT that revenue bonds zotv:.11i:_ ",;�10,GGC c��ryi ng a- interest <br /> of <br /> r-wte of 5 per an'1utn could be li_ui.dated in tFrc_�� ecu:1 En•� 'ate t~imated at, <br /> 10 1' <br /> $65,000 each. 'fie es <br /> tiz�:ted inco,�� �.� one r_or.�.prof;t organization :� <br /> $50,500 per year and is based on the wollowinE; preni-,.es= <br /> usage (s1i Y!t-_'_y lo'.rer than' Bsx,cn-AscY:rean raUs. <br /> s a Week, for 4ie i5 F(. ._ j' .r. <br /> b. 9 hours _e_r i"f, U as y <br /> c. 200 per hrnLr p xk-'.0 fee (recDz=eride_. by B;;rtof_-;yc:_.:: <br /> O t_.e above co`� ' a' ions, it s cul� be rot.°L <br /> the basis of <br /> rsta:_l:me7Lts exce_-d t're est i�te a-Dual ir_co: �y p-.` A <br /> _ t _0e <br /> s.o• die zo'c a tra <br /> _ .l - �I.::l CZ .0:/.�ca.,,_4 <br /> t. e °z°esa o ew :oalL acs <br /> t= 'A m'Pe i_co-:e eStL71at% ��O ??c �' e conserv,. z!-:� _. l <br /> :Dpro::i7 3 77i�• i yI:�f.' !:' liyVe ti` <br /> G� bec�% �ti�l� yel -i'cr _/ . <br /> the bGnc:,. <br /> I:Tro _ :O�`O_.".�:_•�.. x!14 t ���� -� <br /> -toc'C, G1d.°ra A. �h.'. Y - ::_-z:e and cle`r. <br /> .fit 'tC'it; end Of the 21'-yew' ^•G-'a°10(1� ;.,rE City WOl:}Cl G.7:. t :C <br />