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Land Size 9.13 acres acres; Building Size <br />Approximately 113,790, 6 buildings sq.ft. <br />2. Describe the overall nature of the business and of the operations occurring at the <br />Property (attach additional sheet if more space is needed): <br />Prairie Apartments Phase II (96 units) is designed to be a market leading affordable rental apartment <br />complex located directly behind (South) Prairie Apartments Phase I. <br />3. Estimate the dollar value of the project (excluding land): $8,000,000 <br />4. The current assessed valuation of the real property before rehabilitation, <br />redevelopment, economic revitalization, or improvement: $16,000 <br />S. (a) The real property for which tax abatement consideration is petitioned (Property) is owned <br />or to be owned by the following individuals or corporations (if the business organization <br />is publicly held, indicate also the name of the corporate parent, if any, and the name under <br />which the corporation has filed with the Securities and Exchange Commission): <br />NAME ADDRESS INTEREST (%) <br />F.nual Development, LLC, <br />12557 Branford St. Carmel 1N 46032 <br />100% <br />Attn: William Hollingsworth <br />(Rev 10/23/06) ~ <br />