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12-10-12 Council Agenda & Packet
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12-10-12 Council Agenda & Packet
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12/6/2012 2:07:01 PM
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12/6/2012 2:06:41 PM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
12/10/2012
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EXHIBIT D <br /> Total Estimated Equipment Cost: $ 674,678 <br /> Assume Constant rate of: 0.035 <br /> (net of replacement credit) <br /> 100% <br /> TTV Assessed Tax Tax Tax <br /> Year TTV% (Year 5-8) Value Rate Abated Paid <br /> 1 30% 202,403 202,403 $ 7,084 $ 7,084 $ - 100% <br /> 2 30% 202,403 202,403 $ 7,084 $ 5,667 $ 1,417 80% <br /> 3 30% 202,403 202,403 $ 7,084 $ 4,250 $ 2,834 60% <br /> 4 30% 202,403 202,403 $ 7,084 $ 2,834 $ 4,250 40% <br /> 5 30% 202,403 202,403 $ 7,084 $ 1,417 $ 5,667 20% <br /> $ 35,421 $ 21,252 $ 14,168 <br /> Without Abatement: $ 35,421 <br /> With Abatement: $ 14,168 <br /> Amount Abated: $ 21,252 <br /> frnc . Office <br /> E1 15 2012 1 <br /> CITY CLERK,5.01.R h BEND,IN <br /> Page 1 <br />
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