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Stanz Foodservice
<br />Comparison of Taxes Abated & Paid
<br />Before HEA 1001 & After 1001
<br />Existing AV 520,970
<br />New Project Cost 850,000
<br />New Project AV 340,000
<br />Before HEA 1001
<br /> New Combined Net
<br /> Existing Project Existing Tax Tax
<br />Year Taxes Taxes & New Taxes Abated Paid
<br />1 23,991 15,657 39,649 15,657 23,991
<br />2 23,991 21,920 45,912 17,536 28,375
<br />3 23,991 16,440 40,432 9,864 30,56$
<br />4 23,991 12,526 36,517 5,010 31,507
<br />5 23,991 9,394 33,386 1,879 31,507
<br />Totals 119,957 75,939 195,896 49,947 145,948
<br />After HEA 1001
<br /> New Combined Net
<br /> Existing Project Existing Tax Tax
<br />Year Taxes Taxes & New Taxes Abated Paid
<br />1 18,482 12,062 30,545 8,135 22,410
<br />2 18,482 12,807 31,290 4,785. 26,505
<br />3 18,482 12,155 30,638 2,086 28,552
<br />4 18,482 11,690 30,172 743 29,430
<br />5 18,482 11,317 29,800 370 29,430
<br />Totals 92,412 60,032 152,444 16,119 136,325
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