HomeMy WebLinkAboutItem 07 - Amended Project and Financing Plan for TIF #1MEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
SUBJECT: ORDINANCE APPROVING AN AMENDED PROJECT AND
FINANCING PLAN FOR TAX INCREMENT REINVESTMENT
ZONE NUMBER ONE
RECOMMENDATION:
City Council to consider approving the amended Project and Financing Plan for Tax
Increment Reinvestment Zone Number One.
BACKGROUND:
Approval of the Amended Project and Financing Plan expands the Tax Increment
Reinvestment Zone Number One project and financing plan to include funding in an
amount up to $30,000,000 for a joint -use facility between the Grapevine-Colleyville
Independent School District and the City of Grapevine.
On December 15, 2015, the City of Grapevine City Council held a public hearing and
approved an ordinance that expanded the boundaries and term of the Tax Increment
Reinvestment Zone Number One (TIF 1). The term of TIF 1 was extended for an
additional 20 years and will expire on December 31, 2038. Additionally, the boundary
was extended to incorporate an additional 419 acres to the existing 242 acres for a total
boundary of 661 acres. The City of Grapevine is the only taxing jurisdiction with financial
participation in the term and boundary extensions; no other taxing jurisdictions will
contribute future tax dollars.
On January 19, 2016, the Tax Increment Financing District Number One Board of
Directors approved the Amended Project and Financing Plan for Tax Increment
Reinvestment Zone Number One.
Staff recommends approval.
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ORDINANCE NO.
AN ORDINANCE APPROVING AN AMENDED PROJECT
AND FINANCING PLAN FOR TAX INCREMENT
REINVESTMENT ZONE NUMBER ONE, CITY OF
GRAPEVINE, TEXAS; MAKING VARIOUS FINDINGS
RELATED TO SUCH AMENDED PLAN; PROVIDING FOR
SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, as authorized by Chapter 311 of the Texas Tax Code (the "Act") and
pursuant to Ordinance No. 1996-007, adopted by the City Council of the City of
Grapevine, Texas (the "City") on February 20, 1996, the City created Tax Increment
Reinvestment Zone Number One, City of Grapevine, Texas, (the "Zone"); and
WHEREAS, as authorized by Section 311.011(e) of the Act and pursuant to
Ordinance No. 96-55, adopted by the City Council of the City on August 1, 1996, the City
amended the Project and Financing Plan for the Zone; and
WHEREAS, as authorized by Section 311.011(e) of the Act and pursuant to
Ordinance No. 2009-43, adopted by the City Council of the City on October 6, 2009, the
City amended the Project and Financing Plan for the Zone; and
WHEREAS, as authorized by Section 311.011(e) of the Act and pursuant to
Ordinance No. 2015-074, adopted by the City Council of the City on December 15, 2015,
the City expanded the boundaries and extended the term of the Zone to December 31,
2038; and
WHEREAS, as authorized by Section 311.011(e) of the Act and pursuant to, the
City Council of the City of Grapevine, Texas now desires to amend the Project and
Financing Plan for Reinvestment Zone Number One, City of Grapevine, Texas; and
WHEREAS, as authorized by Section 311.011(e), 311.008, and 311.0085 of the
Act, on January 19, 2016, and pursuant to Board Resolution TIF #1 2016-001, the Board
amended the Plan to establish a TIF Educational Facilities Category, as depicted within
the amended Project and Financing Plan in Exhibit "A", and recommended that the Plan,
as amended, be approved by the City Council.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF GRAPEVINE, TEXAS:
Section 1. That the City Council hereby makes the following findings of fact:
1.1 The statements and facts set forth in the recitals of this ordinance
are true and correct.
1.2 That the Plan, as amended, includes all information required by
Sections 311.011(b) and (c) of the Act.
1.3 That the Plan, as amended, is feasible and the amended and
restated project plan conforms to the City's master plan.
1.4 That consistent with Section 311.011(e) of the Act, a public hearing
is required prior to the adoption of this ordinance because the Plan,
as amended, does (i) reduce or increase the geographic area of the
Zone; (ii) increase the tax increment to be contributed by a taxing
unit; (iii) increase the total estimated project costs; or (iv) designate
additional property in the Zone to be acquired by the City.
Section 2. That based on the findings set forth in Section 1 of this ordinance,
the Plan, as amended in Exhibit "A", is hereby approved.
Section 3 That the City of Grapevine is hereby directed to provide a copy of the
Plan, as amended, to the governing body of each taxing unit that taxes real property
located in the zone.
Section 4. That if any portion, section or part of a section of this ordinance is
subsequently declared invalid, inoperative or void for any reason by a court of competent
jurisdiction, the remaining portions, sections or parts of sections of this ordinance shall be
and remain in full force and effect and shall not in any way be impaired or affected by
such decision, opinion or judgment.
Section 5. That the fact that the present ordinances and regulations of the City
of Grapevine, Texas, are inadequate to properly safeguard the health, safety, morals,
peace and general welfare of the inhabitants of the City of Grapevine, Texas, creates an
emergency for the immediate preservation of the public business, property, health, safety
and general welfare of the public which requires that this ordinance shall become effective
from and after the date of its final passage, and it is accordingly so ordained.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 2nd day of February, 2016.
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ORD.
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Foreword
Table of Contents
Introduction.........................................................1
overview. .............................................................
2
Original TIRZ Boundary,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,3
Expanded TIRZ Boundary ,,
6
Current Conditions & Ownership ,,,,,,,,,,,,,,,,,,,,,,,11
Proposed Development......................................14
Project Costs.......................................................15
Anticipated Development...................................16
Financial Feasibility Analysis..............................17
Terms and Conditions.........................................38
AppendixA. ................ ....................................
... 39
DISCLAIMER
Our conclusions and recommendations are based on current market conditions
and the expected performance of the national, and/or local economy and real
estate market. Given that economic conditions can change and real estate
markets are cyclical, it is critical to monitor the economy and real estate market
continuously, and to revisit key project assumptions periodically to ensure that
they are still justified.
The future is difficult to predict, particularly given that the economy and housing
markets can be cyclical, as well as subject to changing consumer and market
psychology. There will usually be differences between projected and actual results
because events and circumstances frequently do not occur as expected, and the
differences may be material.
Historic Grapevine is the premier destination in North Texas. Located in the heart of the Dallas/Fort Worth
area and home to DFW International Airport, Grapevine offers extraordinary hotels, a variety of stores for
great shopping, an abundance of restaurants, attractions for everyone in the family and a oneof-a-kind
urban wine trail. Hop aboard the Grapevine Vintage Railroad or unwind at one of Grapevine's winery -tasting
rooms. Grapevine offers a unique cultural experience with something for everyone.
Amended Project and Financing Plan, TIRZ #1 DAVID PIETTIT
Economic Deerlopment
1
Introduction
A T _ Tax Increment Reinvestment Zone #1, City of Grapevine
frzre.nts�,ts?rW FatHgdxe(h The goal of amending Tax Increment Reinvestment Zone #1 (TIRZ) is
z4sul to continue funding the construction of needed public infrastructure
and to encourage private development that will yield additional tax
revenue to all local taxing g jurisdictions. TIRZ #1 will continue to
3 e� promote the creation of contained, mixed-use development consisting
{ of major retail, restaurants, commercial, and office developments.
Gn71C ,)rsa , - The project and financing plan outlines thefunding of$94,940,434 in public
improvements related to streets and intersections, water facilities, sanitary
sewer facilities, storm water facilities, open space, parks and recreation. The
o TIRZ will fund these improvements through the contribution of 100% of the
City's ad valorem increment generate within the zone.
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Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
1 Economic Devoopr lent
Overview
Boundary Description
The amended Grapevine TIRZ #1 is located in
the northern and central portion of the City of
Grapevine. The majority of the TIRZ is located in
northern Grapevine, to the east of Grapevine Lake.
Two smaller portions of the TIRZ #1 is located in
central Grapevine in what is known as the downtown
area. The amended TIRZ boundary is approximately
661 acres encompassing the original TIRZ area and
additionally Tracts A, B, C, D, and E, described in the
following pages.
- TIRZ Boundary
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
2 ftaaarmc Developrrrer t
Original TIRZ Boundary
BEING a tract of land containing 243.263.acres, situated in the Heirs of James Gibson Survey, Abstract No. 586,
Heirs ofJames Gibson Sui-vey,Abstract No. 587, Henry Suggs Survey,AbstractNo. 1415, and the Andrew Anderson
Survey, Abstract No. 26, all Tarrant County, Texas and also being situated in the Heirs of James Gibson Survey,
Abstract No. 1715,C. S. Dunnagan Survey, Abstract No. 1655, and the John E. Holland Survey, Abstract No..614,
all in Dallas County, Texas and being more particularly described by metes and bounds as follows (bearings based on
the City ofGrapevine control monumentation):
BEGINNING at the intersection of the south right-of-way line of County Road No. 3044 (40' R.O.W.) with the
northwest right-of-way line of State Highway No. 26 (variable R.O.W);
THENCE in a westerly direction bearing to the left along the curving southerly line of County Road No. 3044, having a
radial bearing of South 35°25'06" West, aradius of 360.00 feet, passing through an angle of 35 °48'00", an arc distance
of 224.94 feet to the end of said curve;
THENCE South 89°37'06" West, a distance of 549.16 feet to the beginning of a curve bearing to the right having a
radius of 440.00 feet;
THENCE in a westerly direction along the last mentioned curve, passing through an angle of 24 °48'47", an arc
distance of 190.55 feet to a point for corner;
THENCE South 89°29'40" West, a distance of 335.98 feet to a point for comer;
THENCE North 00°20'07" West, a distance of 571.03 feet to a point for comer;
THENCE North 80°08'27" East, a distance of 69.83 feet to apoint for corner;
THENCE North 25155'52" East, a distance of 627.39 feet to a point for comer,
THENCE North 00128'33" East, a distance of 183.87 feet to a point for comer;
THENCE North 0511'27" West, a distance of 199.84 feet to a point for comer;
THENCE North 00'07'1 0"East, a distance of 785.14 feet to a point for corner;
THENCE South 89°55'41" West, a distance of 52.18 feet to a point for corner;
THENCE North 16'48'10" East, a distance of 259.00 feet to a point for comer;
THENCE North 28'44'10" East, a distance of 1596.51 feet to a point for comer;
THENCE North 35°35' 10" East, a distance of 269.66 feet to a point for comer;
THENCE North 49'54'10" East, a distance of 159.53 feet to a point for comer;
THENCE North 3844'11 " West, a distance of 766.07 feet to a point for corner;
THENCE North 21 °50'42" East, a distance of 183.69 feet to a point for corner;
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Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
3 W Ecor5ornk Devddprnem
Original TIRZ Boundary
THENCE South 38'44'11" East, a distance of 858.57 feet to a point for corner;
THENCE North 56'53'10" East, a distance of 209.40 feet to a point for comer;
THENCE North 66'43'10" East, a distance of 277.03 feet to a point for comer;
THENCE North 74'48'10" East, a distance of 235.52 feet to a point for comer;
THENCE North 88'06'10" East, a distance of 520.82 feet to apoint for corner;
THENCE North 89'19'40" East, a distance of 352.35 feet to a point for comer;
THENCE North 01 o49'16" East, a distance of 451.84 feet to a point for comer;
THENCE South 88'10'45" East, a distance of 160.00 feet to a point for corner;
THENCE South 01 '49'16" West, a distance of 486.98 feet to a point for corner;
THENCE North 89'15'09" East, a distance of 1983.97 feet to a point for comer;
THENCE North 57°32'54" East, a distance of 363.97 feet to a point for comer;
THENCE North 89° 15'09" East, a distance of 354.94 feet to a point for comer,
THENCE South 34° 34'.15" West, a distance of 245. 11 feet to a point for comer;
THENCE South 89° 15' 09" West, a distance of 156.44 feet to a point for comer;
THENCE South 57° 32'S4" West, a distance of 363.97 feet to a point for comer;
THENCE South 891 15' 09" West, a distance of 2049.62 feet to a point for comer;
THENCE South Ol ° 49'35" West, a distance of 1240.21 feet to a point for corner;
THENCE South 01' 49'35" West, a distance of 441. 77 feet to a point for comer;
THENCE South OS' 59'45" East, a distance of 405.04 feet to a point for comer;
THENCE South 15° 12'45" East, a distance of 324.23 feet to a point for corner;
THENCE South 31 ° 00' S9" West, a distance of 665. 91 feet to a point for corner;
THENCE South 271 30' 10" West, a distance of 531. 11 feet to a point for comer;
THENCE South 420 21' 01" West, a distance of 1557.29 feet to a point on a curve whose center bears South 34° 44' 02"
East, a distance of 4545.66 feet;
THENCE in a southwesterly direction bearing to the left along the last mentioned curve, passing
through an angle of 07° 48' 02", an arc distance of 618.87 feet to a point for comer;
THENCE North 471 42' 13" West, a distance of 193. 61 feet to a point for comer;
THENCE North 471 17'47" East, a distance of 400.00 feet to the POINT OF BEGINNING and CONTAINING 274.787
acres;
Save and except a tract of land, containing 31. 524 acres, situated in the Heirs of James Gibson Survey, Abstract 586 and
the Henry Suggs Survey, Abstract No. 1415, in the City of Grapevine, Tarrant County, Texas and being a portion of a
called 80.6597- acres tract as conveyed to Gateway Center Associates, Ltd. and evidenced in a Special Warranty Deed,
recorded in Volume 9799 at Page 0139 of the Deed Records of Tarrant County, Texas, said 33. 398- acre tract being more
particularly described by metes and bounds as follows ( bearings based on the City of Grapevine control monumentation):
COMMENCING at a concrete monument with brass cap found at the south comer of a visibility clip at the intersection of
the south right-of-way line of Anderson- Gibson Road( a called 40- foot wide right-of-way) with the current right-of-way
line of State Farm to Market Highway 2499 ( FM 2499 a variable width right-of-way));
THENCE South Ol° 46' 42" West along the west right- of -way line of said FM 2499, 83. 81 feet to a 518- inch iron rod
set for the POINT OF BEGINNING;
THENCE South Ol ° 46'42" West continuing along said west right-of-way line of FM 2499, 771. 16 feet to a 518- inch
iron rod set for a comer;
THENCE South 461 46'43" West, departing said west right-of-way line, 56.57 feet to a 5/ 8- inch iron rod set for a comer;
THENCE North 881 13' 17" West, 103.41 feet to a 518- inch iron rod set for the beginning of a curve to the left;
THENCE along the arc of said curve to the left, having a central angle of 71' 39'29", a radius of 340. 00 feet and an arc
length of 425. 23 feet to a set 518- inch iron rod;
THENCE South 201 07' 14" West, 18.98 feet to a 518- inch iron rod set for the beginning of a curve to the right;
THENCE along the arc of said curve to the right, having a central angle of 90° 00' 00", a radius of 30.00 feet and an arc
length of 47. 12 feet to a 518- inch iron rod set at the end of said curve;
THENCE North 69° 52' 46" West, 1158. 58 feet to a 518- inch iron rod set at the beginning of a curve to the right;
THENCE along the arc of said curve to the right, having a central angle of 08° 34' 24", a radius of 977.00 feet and an arc
length of 146. 19 feet to a 5/ 8- inch iron rod set for the end of said curve;
THENCE North 61 ° 18' 22" West, a distance of 15. 92 feet to a point for corner;
THENCE North 281 44' 10" East, a distance of 45.40 feet to a poiiit for corner;
THENCE North 350 35' 10" East, a distance of 232.58 feet to a point for comer;
THENCE North 49° 54' 10" East, a distance of 232.53 feet to a point for comer;
THENCE North 56° 53' 10" East, a distance of 229.94 feet to a point for comer;
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Amended Project and Financing Plan, TIRZ #i DAVID PETTIT
4 Economic Devcloprmw
Original TIRZ Boundary
THENCE North 661 43' 10" East, a distance of 245. 69 feet to a point for corner;
THENCE North 74° 48' 10" East, a distance of 198. 07 feet to a point for comer;
THENCE North 88° 06' 10" East, a distance of 3 83. 20 feet to a point for comer;
THENCE South 78° 18'25" East, a distance of 108. 84 feet to a point for corner;
THENCE North 89° 17' 08" East, a distance of 295. 70 feet to a 518- inch iron rod set for corner;
THENCE South 44° 28'04" East, 69.16 feet to the POINT OF BEGINNING and CONTAINING 31. 524 acres.
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
5 ID
Fcon0fr(c Devoopme it
Expanded TIRZ Boundary
TRACT A
Beginning at the point of intersection of the southern Right -of -Way (ROW) line of Lakeside Parkway and the eastern
property line of JAMES M BAKER ABST 1691 PG 410 TR I ACS 26.2685, thence
Southeast along the southern ROW line of Lakeside Parkway to a point where said line intersects with the eastern property
line of B B B & C RR ABST 1772 PG 430 TR 13.1 ACS 1.6390, thence
South along the eastern property line B B B & C RR ABST 1772 PG 430 TR 13.1 ACS 1.6390 to a point where said line
intersects with the southern property line of B B B & C RR ABST 1772 PG 430 TR 13.1 ACS 1.6390, thence
East along the projection of the southern property line of B B B & C RR ABST 1772 PG 430 TR 13.1 ACS 1.6390 to a
point where projection of said line intersects with the eastern property line of T W COUSY ABST 317 PG 430 TR 2 ACS
25.6793 HIGHPOINT PARK, thence
South along the eastern property line of T W COUSYABST 317 PG 430 TR 2 ACS 25.6793 HIGHPOINT PARK to a
point where said line intersects with the eastern property line of J E HOLLAND ABST 0614 PG 210 TR 1 ACS 60.2055
AC, thence
South along the eastern property line of J E HOLLAND ABST 0614 PG 210 TR 1 ACS 60.2055 AC to a point where the
projection of said line intersects with the southern ROW line of TX -121 South, thence
Southwest along the southern ROW line of TX -121 SOUTH to a point where said line intersects with the eastern ROW
line of FM -2499 North, thence
North along the eastern ROW line of FM -2499 North to a point where said line intersects with the southern ROW line of
Stars and Stripes Way, thence
Southwest along the southern ROW line of Stars and Stripes Way to a point where said line intersects with the southern
ROW line of East Grapevine Mills Drive, thence
West along the southern ROW line of East Grapevine Mills Drive to a point where the projection of said line intersects
with the western ROW line of Grapevine Mills Boulevard North, thence
Northeast along the western ROW line of Grapevine Mills Boulevard North to a point where said line intersects with the
western ROW line of FM -2499 South, thence
North along the western ROW line of FM -2499 South to apoint where said line intersects with the projection of the
southern property line of RIVERWALK ADDITION Block IALot IAl, thence
East along the projection of the southern property line of RIVERWALK ADDITION Block lA Lot 1Al to a point where
said line intersects with the eastern property line of RIVERWALK ADDITION Block 1ALot IAl, thence
North along the eastern property line of RIVERWALK ADDITION Block lA Lot lAl to a point where said line intersects
with the northern property line of BAKER, JAMES M SURVEY Abstract 167 Tract 1, thence
East along the northern property line of BAKER, JAMES M SURVEY Abstract 167 Tract 1 to a point where the
projection of said line intersects with the western property line of JAMES M BAKER ABST 1691 PG 410 TR 1 ACS
26.2685, thence
North along the western property line of JAMES M BAKER ABST 1691 PG 410 TR 1 ACS 26.2685 to a point where said
line intersects with the northern property line of JAMES M BAKER AB ST 1691 PG 410 TR 1 ACS 26.2685, thence
East along the northern property line of JAMES M BAKER ABST 1691 PG 410 TR 1 ACS 26.2685 to a point where said
line intersects with the southern ROW line of Lakeside Parkway, which is the point of beginning.
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Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
6 Feonorfiit t?evelopment
Expanded TIRZ Boundary
TRACT B
Beginning at the point of intersection of the western Right -of -Way (ROW) line of Anderson Gibson Road and the northern
property line of SUGGS, HENRY SURVEY Abstract 1415 Tract IE, thence
West along the northern property line of SUGGS, HENRY SURVEY Abstract 1415 Tract 1 E to a point where said line
intersects with the eastern property line of SUGGS, HENRY SURVEY Abstract 1415 Tract IE, thence
North along the eastern property line of SUGGS, HENRY SURVEYAbstract 1415 Tract IE to a point where said line
intersects with the northern property line of SUGGS, HENRY SURVEY Abstract 1415 Tract IE, thence
West along the northern property line of SUGGS, HENRY SURVEYAbstract 1415 Tract IE to a point where said line
intersects with the eastern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5B, thence
North along the eastern property line ofANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5B to a point wherewestern property Zine of
said line intersects with the northern property line of ANDERSON, ANDRIVEEW W SURVEYAbstract 26 Tract 5B, ANDERSON, ANDRMEW W
thence
SURVEY Abstract 26 Tract SB
West along the northern property line of ANDERSON, ANDRIVEEW W SURVEYAbstract 26 Tract 5B to a point where
said line intersects with the western property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5B,
thence
South along the western property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5B to a point where
said line intersects with the southern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5B,
thence
East along the southern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5B to a point where
said line intersects with the western property line of SUGGS, HENRY SURVEYAbstract 1415 Tract 1E, thence
South along the western property line of SUGGS, HENRY SURVEYAbstract 1415 Tract IE to a point where said line
intersects with the western ROW line of Anderson Gibson Road, thence
North along the western ROW line of Anderson Gibson Road to a point where said line intersects with the northern
property line of SUGGS, HENRY SURVEY Abstract 1415 Tract IE, which is the point of the beginning.
Northern property [I -of
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and the northern property tine
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Abttrect 1415 Tract SE
Amended Project and Financing Plan, TIRZ #1DAVID PETTIt
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Expanded TIRZ Boundary
TRACT C
Beginning at the point of intersection of the northern Right -of -Way (ROW) line of TX -26 W and the northern property line
of BLUFFS AT GRAPEVINE ADDN, THE Block 1 Lot IA, thence
West along the northern property line of BLUFFS AT GRAPEVINE ADDN, THE Block 1 Lot IA to a point where said
line intersects with the eastern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5, thence
North along the eastern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5 to apoint where
said line intersects with the northern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5,
thence
West along the northern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5 to a point where
said line intersects with the western property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5, thence
South along the western property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5 to a point where
the projection of said line intersects with the northern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract
26 Tract 6A, thence
Southwest along the northern property line of ANDERSON, ANDRIVEEW W SURVEYAbstract 26 Tract 6A to a point
where said line intersects with the western property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract
6A, thence
South along the western property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 6A to a point where
said line intersects with the southern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 6A,
thence
East along the southern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 6A to a point where
the projection of said line intersects with the southern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract
26 Tract 5, thence
East along the southern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 5 to a point where
said line intersects with the southern property line of BLUFFS AT GRAPEVINE ADDN, THE Block 1 Lot IA, thence
Southeast along the southern property line of ANDERSON, ANDRIVEEW W SURVEY Abstract 26 Tract 6A to a point
where said line intersects with the northern ROW line of TX -26 W, thence
Northeast along the northern ROW line of TX -26 W to a point where said line intersects with the northern property line of
BLUFFS AT GRAPEVINE ADDN, THE Block 1 Lot IA, which is the point of the beginning.
ANDEP , -OR M EW
ANDERSON, ANOIINEEW W
SURYEYAhtfaet 26 rraeEW /
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
8 Economic Dew1oproent
NoMwn propertYpm pf
xc
Pa
ANDERSON. ANDIOVEEWW
s•,�yM
�
SURVEY AMtnet 26 rYlet 5.
...
Ra�maR ro�:: Nonne.n Row um
MiX-26WeMthe
propertyDDNEewYYSAr
oYanAVEnNnttMeN
E A,
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Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
8 Economic Dew1oproent
Expanded TIRZ Boundary
TRACT D
Beginning at the point of intersection of the eastern Right -of -Way (ROW) line of Jenkins Street and the northern property,
line ofLEONAROAD, ARCHIBALD F SURVEYAbstract 946 Tract 37A, thence
East along the northern property line of LEONAROAD, ARCHIBALD F SURVEYAbstract 946 Tract 37A to a point
where said line intersects with the northern property line of LEONAROAD, ARCHIBALD F SURVEY Abstract 946 Tract
38 & 39, thence
East along the northern property line of LEONAROAD, ARCHIBALD F SURVEYAbstract 946 Tract 38 & 39 to a point
where said line intersects with the eastern property line LEONAROAD, ARCHIBALD F SURVEYAbstract 946 Tract 38
& 39,thence
South along the eastern property line of LEONAROAD, ARCHIBALD F SURVEYAbstract 946 Tract 38 & 39 to a point
where said line intersects with the southern property line LEONAROAD, ARCHIBALD F SURVEYAbstract 946 Tract
38 & 39, thence
West along the southern property line of LEONAROAD, ARCHIBALD F SURVEY Abstract 946 Tract 38 & 39 to a point
where said line intersects with the southern property line of LEONAROAD, ARCHIBALD F SURVEY Abstract 946 Tract
38A, thence
West along the southern property line of LEONAROAD, ARCHIBALD F SURVEYAbstract 946 Tract 38A to a point
where said line intersects with the eastern ROW line of Jenkins Street, thence
North along the eastern ROW line of Jenkins Street to a point where said line intersects with the northern property line of
LEONAROAD, ARCHIBALD F SURVEYAbstract 946 Tract 37A, which is the point of beginning.
m c
2
Beginning point: Eastern ROW
line of Jenkins Street and the _
northern property line of E r!orthwtgi xwyX +z t-iyp
LEONAROAD, ARCHIBALD F
SURVEY Abstract 946 Tract 37A
N �
r f Eastern property line
of LEONAROAD, ARCHIBALD
m n F SURVEY Abstract 946 Tract
a 38 & 39
Y
.my E WMI 91
W.n st
E
roperty line ofD, ARCHIBALD Fstract 946 Tract 38A
reXaR st W-rB%R!SI
r'M»a F. 7eAgF. 59
—M
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
9 NOW
Ecomrnfc Development
Expanded TIRZ Boundary
TRACT E
Beginning at the point of intersection of the eastern Right -of -Way (ROW) line of South Main Street and the northern
property line of LIPSCOMB & DANIEL SUBDIVISION Lot 5 & ABST 422 TR 65A, thence
East along the northern property line of LIPSCOMB & DANIEL SUBDIVISION Lot 5 & ABST 422 TR 65A to a point
where said line intersects with the eastern property line of LIPSCOMB & DANIEL SUBDIVISION Lot 5 & ABST 422
TR 65A, thence
South along the eastern property line of LIPSCOMB & DANIEL SUBDIVISION Lot 5 & ABST 422 TR 65A to a point
where said line intersects with the southern property LIPSCOMB & DANIEL SUBDIVISION Lot 5 & ABST 422 TR
65A, thence
West along the southern property line of LIPSCOMB & DANIEL SUBDIVISION Lot 5 & ABST 422 TR 65A to a point
where said line intersects with the eastern ROW line of South Main Street, thence
North along the eastern ROW line of South Main Street to a point where said line intersects with the northern property line
of LIPSCOMB & DANIEL SUBDIVISION Lot 5 & ABST 422 TR 65A, which is the point of beginning.
Beginning point: Eastern ROW Rne
of Sootq Main Street and tM1e northern
property Hne of LIPSCOMB & DANIEL
SUBDIVISION Lot 5 & ABST 422 TR BSA
Eastern property line of
LIPSCOMB & DANIEL
SUBDIVISION Lot 5 &
ABST 422 TR BSA
Amended Project and Financing Plan, TIRZ ft DAVID PETTIT
10 Economic Development
Current Conditions
Amended Project and Financing Plan, TIRZ #1
11
Land Use
The land within the TIRZ currently serves a variety
of purposes with ample vacancies to be utilized for
development.
Method of Relocating Persons to be Displaced
It is not anticipated that any persons will be displaced
or need to be relocated as result of implementation.
DAVID PETTIt
£COrJfJrrlrC f3�bL4t1,G'trrCrJt
Current Conditions
Zoning
The property within the TIRZ contains a variety of zoning including: Community
Commercial District, hotel Corporate Office District, Governmental Use
District, Single Family Residential, Central Business District and Others.. It
is not anticipated at this time there will be any other changes to the City of
Grapevine zoning ordinance, master plan, building codes, subdivision rules
and regulations or other municipal ordinances as a result of the TIRZ.
Legend
rel BP L7 GU 6` , .a HGT PD R-12.5 R-5.0 R -MH
CBD. W GV MLI PID R-20 R-7.5 R-TH
CC HC MXU Po R-3 5 R -MF -1 RA
L_:�] CN '�JA°"� HCO PCD PRD -12 R-375 R -MF -2 - 3P
® Major Highways!Artariais
Amended Project and Financing Plan, TIRZ #1
12
DAVID PSTTIT
fttlntlmit. D+rveltl prrrerl C
Current Conditions
Current Ownership Information
There are 80 parcels within Tax Increment Reinvestment Zone #1, with numerous
owners. The TIRZ is located in both, Tarrant County and Dallas County.
For further details of parcels included within the TIRZ see Exhibit A.
Amended Project and Financing Plan, TIRZ #1
13
DAVID P6TTiT
&DflUdrrt t?evOOp„reror.
Proposed Development
The expansion of the Tax Increment Reinvestment Zone #1 area, coupled with the term extension intends to facilitate a large scale mixed-use development totaling more than
8,750,000 square feet of new construction. It is expected to facilitate the construction of both commercial and residential development, as well as open space. The following pictures
provides character images for the proposed development.
Amended Project and Financing Plan, TIRZ #1
14
rDDAVID PETTiT
Economic i,eVOOpcaeca
� l �
Project Costs
There are a number of improvements within Tax Increment Reinvestment Zone #4 that will be
financed by in part by incremental real property tax generated within the TIRZ.
Proposed Project Costs
Water Facilities and Improvements
$ 4,747,022
3.8%
Sanitary Sewer Facilities and Improvements
$ 4,747,022
3.8%
Storm Water Facilities and Improvments
$ 7,120,533
5.7%
Street and Intersection Improvements
$ 23,735,109
19.0%
Open Space, Park and Recreation Facilities
$ 9,494,043
7.6%
Parking Structure
$ 9,000,000
7.2%
Economic Development Grants
$ 33,723,195
27.0%
Educational Facilities *
$ 30,000,000
24.0%
Administration
$ 2,373,511
1.9%
TOTAL
$ 124,940,435 1
100%
UP to a30,000,000 or easy o- tunas pursuant to chapter 311.008 & 311.085 of the Texas Tax Code.
The costs illustrated in the table above are estimates and may be revised. Savings from one line
item may be applied to a cost increase in another line item.
Chapter 311 of the Texas Tax Code
Sec. 311.002.
(1) "Project costs" means the expenditures made or estimated to be made and monetary obligations
incurred or estimated to be incurred by the municipality or county designating a reinvestment zone that
are listed in the project plan as costs of public works, public improvements, programs, or other projects
benefiting the zone, plus other costs incidental to those expenditures and obligations. "Project costs"
include:
(A) capital costs, including the actual costs of the acquisition and construction of public works, public
improvements, new buildings, structures, and fixtures; the actual costs of the acquisition, demolition,
alteration, remodeling, repair, or reconstruction of existing buildings, structures, and fixtures; the actual
costs of the remediation of conditions that contaminate public or private land or buildings; the actual
costs of the preservation of the facade of a public or private building; the actual costs of the demolition of
public or private buildings; and the actual costs of the acquisition of land and equipment and the clearing
and grading of land;
(B) financing costs, including all interest paid to holders of evidences of indebtedness or other obligations
issued to pay for project costs and any premium paid over the principal amount of the obligations
because of the redemption of the obligations before maturity;
(C) real property assembly costs;
(D) professional service costs, includingthose incurred for architectural, planning, engineering, and legal
advice and services;
(E) imputed administrative costs, including reasonable charges for the time spent by employees of the
municipality or county in connection with the implementation of a project plan;
(F) relocation costs;
(G) organizational costs, including the costs of conducting environmental impact studies or other studies,
the cost of publicizing the creation of the zone, and the cost of implementing the project plan for the zone;
(H) interest before and during construction and for one year after completion of construction, whether or
not capitalized;
(1) the cost of operating the reinvestment zone and project facilities;
(J) the amount of any contributions made by the municipality or county from general revenue for the
implementation of the project plan;
(K) the costs of school buildings, other educational buildings, other educational facilities, or other
buildings owned by or on behalf of a school district, community college district, or other political
subdivision of this state; and
(L) payments made at the discretion of the governing body of the municipality or county that the
governing body finds necessary or convenient to the creation of the zone or to the implementation of the
project plans for the zone.
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
15
Econvrnrc Develurrrrerit
0
N
�
f
NUt APnM I4 V,y r Cntt t
{1Q,S R a�r4aa �3
1
s
f
39
UNriK,rv,plsq � �
�/EGnFAa
may,
Chapter 311 of the Texas Tax Code
Sec. 311.002.
(1) "Project costs" means the expenditures made or estimated to be made and monetary obligations
incurred or estimated to be incurred by the municipality or county designating a reinvestment zone that
are listed in the project plan as costs of public works, public improvements, programs, or other projects
benefiting the zone, plus other costs incidental to those expenditures and obligations. "Project costs"
include:
(A) capital costs, including the actual costs of the acquisition and construction of public works, public
improvements, new buildings, structures, and fixtures; the actual costs of the acquisition, demolition,
alteration, remodeling, repair, or reconstruction of existing buildings, structures, and fixtures; the actual
costs of the remediation of conditions that contaminate public or private land or buildings; the actual
costs of the preservation of the facade of a public or private building; the actual costs of the demolition of
public or private buildings; and the actual costs of the acquisition of land and equipment and the clearing
and grading of land;
(B) financing costs, including all interest paid to holders of evidences of indebtedness or other obligations
issued to pay for project costs and any premium paid over the principal amount of the obligations
because of the redemption of the obligations before maturity;
(C) real property assembly costs;
(D) professional service costs, includingthose incurred for architectural, planning, engineering, and legal
advice and services;
(E) imputed administrative costs, including reasonable charges for the time spent by employees of the
municipality or county in connection with the implementation of a project plan;
(F) relocation costs;
(G) organizational costs, including the costs of conducting environmental impact studies or other studies,
the cost of publicizing the creation of the zone, and the cost of implementing the project plan for the zone;
(H) interest before and during construction and for one year after completion of construction, whether or
not capitalized;
(1) the cost of operating the reinvestment zone and project facilities;
(J) the amount of any contributions made by the municipality or county from general revenue for the
implementation of the project plan;
(K) the costs of school buildings, other educational buildings, other educational facilities, or other
buildings owned by or on behalf of a school district, community college district, or other political
subdivision of this state; and
(L) payments made at the discretion of the governing body of the municipality or county that the
governing body finds necessary or convenient to the creation of the zone or to the implementation of the
project plans for the zone.
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
15
Econvrnrc Develurrrrerit
Anticipated Development
Anticipated Development
The proposed TIRZ #1 development is a large scale mixed-use development that
will be constructed over the next several years and financed in part by incremental
property tax generated within the TIRZ.
The table provides an overview of the potential development that we believe will
occur during the life of the TIRZ along with estimated dates of when the incremental
revenue will flow into the TIRZ fund.
Output @ Year 2038
NET PRESENT VALUE @ 6% 41,643,126
GROSS 94,940,434
Amended Project and Financing Plan, TIRZ #1
16
rDDAVID P6TTIT
fconarrtt Dtwwfoprrnem
Square Feet
Area 1
Existing Mall
1,877,254
_E A T'MW
1,877,254
Area 2
Office - Kubota
200,000
Mxed Use
4,077,500
AREA TOTAL' . •.WIN
N4 4,277,500
Area 3
__ ., .
2,607,000
OTAL -
2,607,000
Grand Total SQFT
8,761,754
Output @ Year 2038
NET PRESENT VALUE @ 6% 41,643,126
GROSS 94,940,434
Amended Project and Financing Plan, TIRZ #1
16
rDDAVID P6TTIT
fconarrtt Dtwwfoprrnem
Financial Feasibility Analysis
Method of Financing
To fund the public improvements outlined on the previous pages, it is anticipated that the City of Grapevine will
contribute 100% of its real property increment for the duration of the TIRZ.
City of Grapevine Participation Overview
Real Property Tax
Partici ation
City of Grapevine
0.33243900
100%
0.3324390
Tarrant County
0.26400000
0%
0.0000000
Tarrant County Hospital
0.22789700
0%
0.0000000
TCC
0.14897000
0%
0.0000000
TRWD
0.02000000
0%
0.0000000
Gra evine/Colle ville ISD
1.320100000%
1
0.0000000
2.31340600
1 0.3324390
Debt Service
It is not anticipated at this time that the TIRZ will incur any bonded indebtedness
Economic Feasibility Study
A taxable value analysis was developed as part of the amended project and financing plan to determine the
economic feasibility of the project. The study examined the expected tax revenue the TIRZ would receive
based on the previously outlined developments. A summary overview of the anticipated development square
footages, the anticipated sales per square foot and the anticipated taxable value per square foot can be found
on the previous page.
The taxable value analysis shows the estimated captured appraised value of the zone during each year of its
existence and the net benefits of the zone to each of the local taxing jurisdictions. Utilizing the information
outlined in this feasibility study, we have found that the TIRZ is economically feasible and will provide the City
with economic benefits that would not occur without its implementation.
.!�tTmfivEt r;ft'q+kY Er.tsrnnrtnnr ,�
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p
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Amended Project and Financing Plan, TIRZ #1 mmmmftL DAVID PETTIT ~
v r111M
ECU 7nr f72 17e,'C�la+�tlr
pY
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Maekie•gtrlyd Dr 9
ar.Pc,
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a
r $
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7-4)0'"'t
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e Wmt
Grapevinels,�slerl�nnsl:ta7._...
- sf Coppru Rd
5X
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Ra -
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Amended Project and Financing Plan, TIRZ #1 mmmmftL DAVID PETTIT ~
v r111M
ECU 7nr f72 17e,'C�la+�tlr
Financial Feasibility Analysis
Revenue Summary
Taxing Jurisdictions
Total Taxes
Participation
Net Benefit
Generated
■Tarrat County
City of Grapevine
$232,482,187
$94,940,434
$137,541,753
Tarrant County
$78,269,751
$0
$78,269,751
Tarrant County Hospital
$67,566,066
$0
$67,566,066
TCC
$44,166,079
$0
$44,166,079
TRWD
$5,929,527
$0
$5,929,527
Gra euine/Colle ville ISD
$391,378,402
$0
$391,378,402
Total
$819,792,012
$94,940,434
$724,851,578
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
18 Economic t?evetopment
Total Taxes Generated
■ Cky of Grapevine
■Tarrat County
• Tarrant County Hospital
$232,482}87,28%
■ TCC
•TRWD
Grapevine/Collwdle ISD
78,269,751,10%
$391,378,102,48%
$5,929,527,1%
67,566,066, 8%
44,1K079, S%
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
18 Economic t?evetopment
Financial Feasibility Analysis
TAXABLEBASEYEAROROWTH 2.W%
PROPERTY TAX
BUSBVE PERSONAL 147YT
ClryafG 'a . 0.3324390 100% 0.3324390 o.o oarrt - o m - i
DISCOUNTRATE 8.00%
10096 0.3321300
0 02640000
100% 0.2640000
TamaCary 0,26100000.261006
2D15-2017
REAL P..
Clrymf( pe
0.33""
0 0.1489700
90Tema[
TCC 0.14%)W 100% 0.1189]00
0.2610000
1000Tanartcwr6y
TRWD 0.0200000 100% 0.0200000
Gapeuna7Cakp14k180 1.3"1000 100% 1.3"1000
2.3134060 23131060
II-plvl
0.2n%)0
100TDTCC
7132=
1,61),325 7,647,325
1,6!],]25 ],647325
7,64],325 1,611325
),647,325 ],64],325
7,517,325 7,617,325
],817,325 7.617.325
0.1 W97W
100TIWD
7,611,325
7,647,325
T.M7325
7,64],325
7,647325
7,617,125
7,641,325
7,611,325
7,61],325
1,647,325
7,647,325
),611325
00264064Q
7,647325
7,647325
7,647,325
1,647,325
7,647,325
7,647,325
7,647,325
7,647.325
7,647325
],61),325
7,647,325
],61)325
P WC.".ISD
1.3X160
100
7,647,325 1,647,325
1,647,325 707325
1,64)325 7,617,325
7,6/7,325 7,647,325
7,647,325 1.647,325
],647,325 7,647,325
7,647325
7,647225
7,647,325
7,647,325
2fig325
7,647.325
2.3134060
7,611,325 1,641.325
1,647,325 1,647,325
7,647,325 7,647,325
7,817,325 7,647325
],81]325 ],647.325
7,617325 7,647.325
23194060
ESTIMATE OF GENERAL IMPACT OF PROPOSED ZONE PROPERTY VALUES AND TAX REVENUES
2018-Z 30
PROPERTY TAX
BUSBVE PERSONAL 147YT
ClryafG 'a . 0.3324390 100% 0.3324390 o.o oarrt - o m - i
0 0.3324390
10096 0.3321300
0 02640000
100% 0.2640000
TamaCary 0,26100000.261006
0 02278970
164% '2 78970
Tman C9vy Haepial 0.2279910 10096 0.22189]0
0 0.1489700
10096 0.1489)00
TCC 0.14%)W 100% 0.1189]00
O 0,4200064
0 13201000
100% 0,4200000
100% 192f11000
TRWD 0.0200000 100% 0.0200000
Gapeuna7Cakp14k180 1.3"1000 100% 1.3"1000
2.3134060 23131060
23f34060
2.3134080
REVENUAR
EYE
BASE YEAR
BASE YEAR
1996
0 0
2015 2016
0 1
2017 2018
2
2019
3
20"
4
2021
5
2022
8
2023
1
2024
a
2025
9
2026
10
2027
11 12
"20 2B8
13
203D
14
2031
15 16
2052 20"
17 18 19 p 21
2641 2036 20.16 2037 2038
TOTALS
ClrydtraPN
Taman Carry
Tema C_",i .'
TCC
TRW1
trapaWrelCmkyAk 6D
7,641,125
],6!7,325
],617325
],617325
],64],325
1,64],325
1,61),325 7,647,325
1,6!],]25 ],647325
7,64],325 1,611325
),647,325 ],64],325
7,517,325 7,617,325
],817,325 7.617.325
]547,325 7,6/7,325
7,647,325 ),64)325
),847,325 7,647,325
],84],325 7,64]325
7,641,325 ),847,325
],61],125 7.647,325
],64],325
),61]325
7,647,325
7,641,325
7,8!7,325
7,6/1.325
7,611,325
7,647,325
T.M7325
7,64],325
7,647325
7,617,125
7,641,325
7,611,325
7,61],325
1,647,325
7,647,325
),611325
7,647,325
7,647325
7,647,325
7,647325
7,647,325
7,8/7,325
7,647325
7,647325
7,647,325
1,647,325
7,647,325
7,647,325
7,647,325
7,647.325
7,647325
],61),325
7,647,325
],61)325
7,647,325
7,617325
7,647,325
7,6/7325
1,647325
],61),125
7,647325
7,617325
7,647325
],647325
7,617,325
]54],325
],64),325
7,647,325
7,647,325
],64],325
7,617,325
7,64),325
7,647,325 1,647,325
1,647,325 707325
1,64)325 7,617,325
7,6/7,325 7,647,325
7,647,325 1.647,325
],647,325 7,647,325
7,647325
7,647225
7,647,325
7,647,325
2fig325
7,647.325
],64),325
1117,325
7,647,325
7,647,325
],617,325
1,6!7,325
7,611,325 1,641.325
1,647,325 1,647,325
7,647,325 7,647,325
7,817,325 7,647325
],81]325 ],647.325
7,617325 7,647.325
7,641,325 7,641,325 ],61],325 7,647,325 7,647,325
),64],325 7,647.325 7,647,3. 7,647,325 7,847,325
7.647,325 7,647,325 1,64],325 7,617,325 7,6/1,325
],61]325 ],647,325 7,64],325 ),641,325 ],6""
).61],325 ],64),325 ],64],]25 1,617,325 1,847,325
7,647,325 1,641,325 7,647,325 7,647,325 7,617,325
TAXABLE VALUE
cfty traPA
TamnCaray
Tartan Canrylbapivl
TLC
Ift6VU
GrapeNne7COk1Mk 6D
TAXABLE VALUE MCRE74ENT
269,393.047 274,)80908
268393,4/7 271,)80908
268,393,04] 2]1,780,908
269,193,01] 211,]80,908
289,393"17 21/,]80,908
269393,4/] 2)4,TBD5W
280276,526 285,882,051
2802]6,526 285582,457
2802]8,526 285582,051
200,278,526 285582"57
280,276,526 285582.05)
280,2]6.526 285582105]
291,399,688
X1,5%,698
291,599,698
291,599,898
291,599,698
281,5%,698
297,431,692
297.131592
297,131,692
28],431,692
ri]431,fi92
X1.441,682
303,380326
X3,36,326
303,380,326
641.36,326
303,380,9"
303,380326
309,4{],932
309.447.932
309,11),932
364,447,932
364,//7,932
303,417,932
315,636591
315,636591
315,636591
315.638591
315.818%t
115,638891
321,949,6"
321,949,629
321,949,629
321,919.629
321,9l9.6n
321A.A.
328,380621
328.388,621
328,388,621
328,388,621
3203"8621
328.388,621
334,956,39)
334,956,393
33/556393
3]1,956,383
331,956393
334,956,393
341,655521
311,655,521
341.655,621
311.855,521
341,655521
341,655,521
3/8188,632 355ASO464
]48,188,632 ]55.158,10/
340488,632 355.458,101
3%A%,632 155,158,461
3/0/88632 355,158101
348/88,632 355,158101
362,567,573
362.56],5]3
362,567,5]3
]62,567,57]
362,587,573
362,561,573
30019,924
389,818,921
369518,92/
389518,92{
369,818,924
36981892/
377,215.302 381,]59,6%
371.215,302 384.759,649
1)],215,302 381,759,6%
3)7.215,302 381,)59,609
377.215,302 38!,759,6%
377,215.302 304,]59,6%
392454501 4W,M,897 408,309,975 1/6,416,174 424.80.5,698
392151,X1 400,"3,891 1%309,915 118,1]6,1]1 /2/,805,698
392,1545% 100,303,897 108,309,9)5 116,4]6,1)1 48505.698
392,154501 400,303.89] 108,309,915 118418,171 424505,698
392451,801 4W,303AW 408100975 416,476,174 421505,698
392454.801 46303591 1083%,905 418,4]6,1)1 42!505,698
ClrymltrapeNre
Taman Cary
Taman Cavy Heap8el
TCC
]RIND
trepMre,CdeyWk SD
281,]!5,722 267,133,583
281,]18]22 2:],133,583
261,715,]21 267,133.583
261.745,122 267,131583
261,115,722 281,1]3,583
281.745,722 261,133,583
272629201 278,231,732
272,8292% 778,231,732
2]2,629.2% 218,234,732
272,629X1 2]8,234,]32
272,fiX.X1 278,23/,732
272629,X1 278,234.732
283,952373
283,952,373
283,952,373
283,952,313
281.952373
283,952,373
2%,]"1.36)
28978!.387
289784,367
289,]8426]
289,781,367
289,764.36]
298733,001
"5,733,001
295,733A01
295,733,0%
295.13],001
295,]39001
3III.M 07
301,M,Wl
301,8006%
30150060]
301.86,X5
301.800507
3%,989,566
3%,989566
307,989,588
3%,989,566
307,989566
W7,9%S66
314,3M,304
311,30210/
314,302,.4
3143023f11
311,302,301
311302,X4
3",]41298
320,){1298
3",741,2%
3",741,2%
3X,741,296
331,141,X6
32],364,648
327364A69
32],309,068
327,309,488
327309,088
3273f19A68
331,008196
334,408,1%
331,0[8,196
38,464,196
334.008,1%
331.64,196
340,841,.T 341,811,079
364.641.647 317,811,479
340,041307 3/7511AX
340841,307 64)511pT9
310,84130] 34],"11,019
3!0.91/,3% 347,811,079
354,9",218
354,9",218
364,920218
354,9",218
364,9X,218
351,9X.248
362,171,599
962,111,598
3621]1,5%
362,171,5%
362.111$99
362,1115%
369567,9]] 377,112,284
]69,567,97] 3)1,112,281
369,567,977 377.112,284
369587,97) 371,112"1
369,567.91) 31),112284
369.561,977 371,112,281
364,X7.416 392,656572 400662,650 4%,828,649 417,158,373
381,8%,4]8 392556,512 100,662650 /64,8X549 117,158,3]3
3645%,!76 392,656,572 100662650 4W,BXA49 417,158,373
38!,807,476 392,656,5)2 100662,650 408528,849 417,1503]3
364501,416 392,856,572 400,662,650 408,828,849 117,158,973
181,80),1)6 392,866.672 /64,862,664 408,828,819 411,158,373
REVENUER
TAXABLE VALUE GROWTH
Cydtrapnrtre
Terten Cary
Taman Cary llmplal
TCC
1RW0
_PA.nC yNk 6D
REVENUE61-PETAN.
V
a9t 690
870,145 8%,056
691.-9 105,23]
596,511 66,1%
989,9X 391,949
52,3!9 53.127
3,455305 3526,130
6056211 8179,884
908126 921,%1
719,741 731,510
621314 .4,%9
408136 411./86
64526 55,6/7
3,598,918 3,572.9]]
6907020 6 6689
913,968
749831
..A'9
423.004
56,790
3,748,155
6,688811
963356
765,031
660,410
431,692
5),95]
3525,149
6,703,8%
%1,132
]80.735
6]3,96]
440.553
%,147
3,903,971
6541648
1"03,36
7%,754
687,795
449,592
60,360
3,%/,%0
6581573
1,02351]
813,642
701,8%
1%,812
61,598
4,065,570
4"""9
1,044561
829,758
716,286
468,216
62864
4,119,105
]$71,648
1,068269
816,757
730960
177,8%
64,148
4,231,164
tA.
1,088,/03
%1,0%
89928
48],592
65,462
d3"5%
7571588
1,110,374
%1,782
181,195
497,512
66,802
4,1%,242
TT209%
1,133,089 t,t%,26
8%A21 918.221
7)6,78] 792,651
5%,]51 518,131
607% 69,562
4,199,4/6 1,591.164
7586,643 8018,282
1.179,891
936,989
%8553
528,125
10,964
1,685,302
8,210,]48
1,"4,000
956,133
8253)8
539,527
72,434
4,)81.02)
8,370640
1,228.5% /,253.668
975,659 %5,5]6
842211 I'MAW
550,545 561,781
73,914 75,422
1,478.661 4,978,259
8,6/9,608 8,18""
1,2]9,250 1,305,311 1,331.959 1,359,1% 1386.]91
1Al"' 1,036,613 1,057,749 1,%9,3% 1,1%.2%
876,965 894,853 913,648 931.)09 950,691
673268 591.940 596567 W9,W2 621,411
76.961 78,531 %,133 81.766 83,432
1:S3 5,181,459 9289148 5396,950 5.506,9%
8 169 8,483.741 9,268,96{ 9,467 71 9560567
28.831,688 CydfxaPWre
21ASIAn Tan m -y
18,258585 Tanen Couy Hospivl
11,%5,331 TCC
1,602.380 TRWD
105,785,124 Gapm./C,"M 50
186 7,931
RFALPROPERTYTAX
BU31N688.PERSONAL PROPERTY
0 0
D 0
0 0
0 0
0
0
4",150,640
/,627600
72225,400
6,911,2.
113,175,000 13],362,500
10,942,500 13,0%,150
113 AM
1/,590,7.
11812211 188862,500
16,942,500 17,1%,250
195.900.000 199206,400 264.16,1. X7.251,922
18,630,000 1SA025W 19382652 19,710,305
211,3%401
20,165.]11
215,626,981 219,939,529
X669,025 X,980,406
224338,311 228825,071 233A01.ST9 238069610 242,831,002
21./6,41/ 21,828.014 22.26/,555 227%,866 23,13.63
city -p-
Taman Cary
Taman CantylMp9al
TCL
TRWD
GrapeNne7Cok1Nk 50
6%
m%681618
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0
0
0
0
0
0
1]5,153
119133
1X.2)8
70623
10.556
698,116
263,1]9
2085%
180.418
11),934
15533
1,415"74
412,615
227,610
282AW
184,4%
24524
1,8%,475
500,192
391.218
342%7
224,112
30,092
1,9862.
559,408
444,243
388491
250,677
33,655
2.221,382
649,478
515,7)0
445,237
291"39
.20)4
2519046
%0332
540273
466M
364,865
1D,930
2]01.568
711,1B7
564,775
181,540
318.692
121%
2524,090
725.10 739,919
5)8,071 581,592
197291 5%,23]
325.65 331,66]
13,642 11,515
2580,572 2830183
)54,]11
599,144
51],381
330198
15,105
2.9%,947
769511
611,331
527,129
31{962
46.313
3.M.SSS
]85.X8 800,912
623557 636,029
53",X1 5/9"49
351,861 ]%,898
41,239 48.181
3,118)023 3,1%,384
816,930 833,269 849,934 868,933 884,271
618,)19 661,]21 614,959 %8,458 702,227
560,0. 5]1,231 582.655 591,309 fi%,195
366,%6 373,39B 390566 388,483 398253
19,118 50,131 51,133 52,156 53,1%
3,243,992 33085]1 3,3]5,049 3,442,550 3.511,1%
12,])9,15] Clrydtra m
10,164,321 Tenan Ca
0760.99 Tartan Co".' Hasplpl
5,726,49) TCC
7%,912 TRW"
50,745,447 GapeWne,COMrymle 620
0 0
0 0
0
1220568
1531.137
2,871,342
3AX,TW
3,892565
4,619,613
4,734,366
A AS8
461 5,110012
9261,892
6A67AS2
SAK173 0873,456
3-MA25 6,7%68 6.9145% 6,0.12,888 6,163568
89 794
EVENUE 202-SALESTAX
5eka
0 0
0 0
0 92,550,000 138825.%
218AW.00
261,915,400
291,975,000 338550,000
355,725A00
37260DA00 380,052,000 387553,040 395,!%,101 403314,229
411,380,507 419,SlBA17 42SA002% 436560,255 415,X1,491 454,197,321 463281,267
CI dtre
83
0
0 0
0
1,851000
2,176500
4,377dDDO
5,230500
5838564
6177,6
7,114,500
7A52,W0
7,641,640 7,153061
7%8122
8,68284
8,227,610 8,392,162
SHOWS 8,731,206 8,WSA30 9,%3,916 9,269625
133XiAO3 Ci dtra
6VENUE R9-aFK9:E
REALPROPERTYTAX
BUSMESS PERSONAL PROPERTY
0 20764"00
0 1,6""00
93,050,06 102,275,000 124,112500 1/7,150.064 264,615,464 215,98/,500 2%,66,640
1,50D.D00 4,00000" 5.60611 6,000 BSWDDO 9,7WW It"=
333,500,000
13579000
367,150.60
15,312.5(X)
401,4WA6 4%,429,OW
107.,0= 17,085,000
417,616,560 425,960591 434,488,269 443,1]8,434 152,011,595 161.082,!2) 470,.4,016 479,710,151 488X4,360 499,090,441 5%172,256
17A28.7W 1),75,234 18.1.,139 18,493,353 1W.62,221 19,240A85 19.625,X5 X,OtI.Xi X418,15] 20,826,520 21,243,064
ClrydG c -q
Tanen Canty
Taman Cary Hosplpl
TCC
TRWD
traPNndCMay41k 6D
6%
0 %,T3!
0 )BRW
0 6],685
0 41,214
0 5,940
0 392,4)0
0 %7,%2
118,102 253.36
117,612 280,586
101528 212,1%
66,366 158.318
8,910 21,255
5%,164 1,/02,936
IMOrM 2A66 n
431,215
312,441
X5,611
193,2]3
25,943
1,]12,135
SA00,777
5%,130
104316
319,024
229,148
.,630
2,021.]33
9642.981
711,329
587,270
189,681
320099
42975
2536,565
4,10 31
916,82)
648,]47
SW.OX
36:,0]5
49,1/8
3,243,981
6694,806
919,526
)30.221
B..J63
112051
55320
3,651397
&USABI
1,154,810
9111070
)91,:51
517,485
69,475
4.%5597
6,036194
1,272,152
1.010,493
812101
5]02%
78553
5,62,818
8864,%1
1,3%,644
1,103,916
952,951
622918
83,6.
5,519.%e
9313,07
1,417.896
1,125,%4
912,010
635,316
85364
5,630,398
906,977
1,446253 1.475.179
1,115,514 1,1)1,481
%1,451 1,011,280
648AB4 661,016
BT,OW BB,T19
5,143,648 5JIPX66
10.61317 10 66,664
1,5041%2
1,164,911
1,W1.SW
674,267
W,124
5.975,424
10 70915
1,534,776
1,218.812
1,052,135
%7,752
92,334
6,641,58
10%0,391
1,565.171 1,590]81 11,116 1,661,291 1,.1,516 1.)20,407 1,762,975
1,2{3.189 1,268,052 1,X3,414 1.]19,282 1,116,661 1,3]2,581 1,46,012
1A13,iTe 1.091,642 1,118,58 1,1.,865 1.181,612 1,181,815 1,208,5]3
]01,5% 715,537 129518 144,445 759,334 ))4,520 790,411
94,181 96,66 9],986 %,916 101,915 103,983 106,061
6,216,41/ 6310,]43 6,467,558 8,596,964 6,]2851] 6563,124 ],640,692
1D%9,940 11,111 19 1138,466 11 ,737 11781A61 12,027790 12268346
26,825.560 Ciryd O,.pWm
21,303,60 Tanen Cmuy
18,3%,134 Tanen Cmvry Hospiml
12,0",863 TCC
1,61386/ 1RWD
106,523,649 GaP4nalCokltik 6D
p
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
19
ECtJrlC1rr7fC LyEYL17rjpl7rE:t(
Financial Feasibility Analysis
TAXABLE BASE YEAR GROWTH 2.00%
BASEYEAR
Cis,'G.1-
DISCOUNT RATE 8.00%
0.3324390
T_ .
0.2610000 100%
2015-2.7
Ciyol Gre .
0.124390
100%
0]324390
T -C
0.2640000
100%
0.2640000
Tertan Couty HOspi1Al
0.22189)0
100%
0.22)89)0
TCC
0.1I W.
100%
0.1409)00
)RCC
0.10000U
100%
00200000
GrapeNr,eiCOMyAM 6D
1.3201000
100%
1.3201000
2.313.60
2023
1.3134060
ESTIMATE OF GENERAL IMPACT OF PROPOSED ZONE PROPERTY VALUES AND TAX REVENUES
2018-2038
0 0.3]24390 10096 0332/""
0 0.2610000 100% 0.2640000
0 0.22769]0 100% 0.22)8970
0 0.1469700 10096 0.1/89100
0 0.0200000 100% 00200000
0 1.3.1000 M100% 1.3201000
23134060 33134060
Amended Project and Financing Plan, TIRZ #1
20
DAVID PETTIt
fCUr70rnrt De4tlU,Cr7lent
BASEYEAR
Cis,'G.1-
0.3324390 100%
0.3324390
T_ .
0.2610000 100%
0264""
Tanen-MHoep9al
0 27897 100%
02276910
TCC
0.1169700 100%
0.1489100
1RW0
01.11 100%
0.0200000
GrepeNrc/COMy4M 6D
1.320101 100%
23134060
1.3201000
2.3134060
Amended Project and Financing Plan, TIRZ #1
20
DAVID PETTIt
fCUr70rnrt De4tlU,Cr7lent
BASEYEAR
0 0
0 1
2
3
4
5
6
7
B
9
10
11
12
13
14
15
16
17
1S
19
20
21
REVENUE YEAR
1.8
20th 2016
2017 2010
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
M29
2030
2031
M32
2033
2034
2038
2036
2037
2038
TOTALS
R NUE M•C UL
REALPROPERTYTAA
0 0 0 33,250,000 19.8]5,01 13),100,000 1]2,850,000 108,300,000 212,466,000 216,715,3. 221149,626 225,410,619 229,980,031 234,579,632 239,271,225 241,056,649 248,937,782 253,916,538 258,994,868 264,174,766 269,458261 271,847,426 280,344,375 285,951,262
BVSINESS PERSONAL PROPERTY
0 0
0 1,181 500
1,701,250
5,100.000
6462.51
7125100
7,981,500
8,141,130
8,303,953
BA70,032
8,639,432
8,812,221
8,988,465
9,10,235
9,351,589
9,538,631
9,729,401
9,923,992
10,122,472
10,324,921
10,531,42o
10,742,048
Clryol GepeMre
0 0
0114, B4
1]1,]26
4]3,]26
596,105
718A84
732,853
747,511
762,161
777,710
793,264
803,129
825,312
841118
858,655
875,828
893,344
911,211
929,435
948,024
966,965
986,324
15,734,388 Clyol GapeNre
Taman Cgny
0 0
0 90,915
136,373
376,200
473,385
5701570
581,981
593,621
605,493
617,603
629,955
642554
6551406
668,514
681..4
695,522
]09,432
)23,621
738,093
752,855
76),912
783,210
12495,160 Tartan Cony
Tertan Cavy Hospital
TCC
0
0 0
0 ]8,182
0 51,.2
1171 3
)6,952
324,753
212282
11,641
26],122
492,542
121,861
5023.
328,401
512,111
334,969
SM,690
341,868
53],144
348,501
543,80]
355,471
554,683
362,581
565,]76
369A32
577,092
377,229
568,634
]84,774
600,406
392,469
612,415
400,319
624,663
408.325
637,156
416,491
649,099
426,821
662,897
433,318
676,155
4/1,981
10,]86,399 Tamen Cony Hosplal
7,050,773 TCC
11210
0 0
0 6,888
10,331
Ms.
15,863
43.225
44,1D
44,971
45,871
46,]89
47,]26
48,678
49.652
50645
51,658
52,691
53,745
51,8,9
55,916
51,0]1
58,1)5
59,339
94sS. TRWD
GapeVrelC0M3MM 6D
0 0
0 451,609
681,914
1,681,143
2,36].104
2653,066
2,910,127
2,9688-
3,027.697
3,088,251
1,150016
3,213,016
3,27),218
3,312,822
3,/09,6)8
3,4)),872
3.567,429
3,618,])8
3,690,115
3,]64,560
3,839,851
3,916,646
62,480532 GrepeuilrlCOMyuille 6l
e%
0 O
0 796,879
1.196.049
1,298,8%
4.140.228
1,998,94B
8,089,048
6201,%3
6.06,819
6,411,997
6,620,231
5,830,642
6,743,266
6,858,120
6,876,282
8,09LTM
6;216,N3
8,]6101)
8,227,837
6,68),191
8,738,198
6,883,721
109,491869
mvcNtm •HDT L
k6'TIL PROPERTYTAX
0 0
0 33,712500
50,568,750
BT -,-125,98],500
1]0,501.125
194,]06,250 204,862,500 208,959,750
213,138,945 217,401,724 221,769,758 226,184,754 230,708,449 235,322,618 240,0.,070 244629,651 249,726,244 2%,720,769 259,815,185 265,011,488 270,311,)18
6USINE33 PER P OPE TY
0
0 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
ClryofGnpeVre
0 0
0 1120]3
168,110
.1,6]1
415,832
566,819
847,280
681,043
694,6%
)08,55)
1.,722
737,183
]51,928
766,965
782,104
79),950
813,908
830,187
846,791
863,721
881,002
898,11
11,982,345 Cllyof GrapaNre
Torten COvry
0 0
0 89,001
133,502
231.117
332,60]
150,128
511,025
540,817
551,654
582,887
573,941
SBSA19
597,128
603,070
$21,252
833,677
6.6,350
659,2)7
672,483
685,912
689,630
711,623
11,103,809 Taman Cavy
Tamen Covy Hmpibl
To
0 0
0 0
0 )6,830
0 50,222
115,245
75,332
199,951
130,)03
287,122
18),684
388,572
253,999
443,730
2"054
466,875
305,1%
476,213
311,28]
485,]3)
317,513
495,452
313663
505,361
330341
515,468
336,941
525,778
143,686
536,293
350,560
51],019
357,571
557,859
J%,723
569,119
3]2,01]
500,501
3)9,450
592111
387,047
603,953
394,788
616,01
402683
9,585,321 Tenon Cony X04,1111
8,265,681 TCC
Tf1W0
D
0 6,743
10111
17,548
25,198
34,101
38,941
40,9]3
41,792
42,628
43,480
44,350
45,237
48,142
4),065
48,006
48,966
49,945
.,944
51,883
53,002
54,062
841,198 TIM+D
GrapaNrelCoMyAM 6p
n B
0 0
0 446,038
667,558
1,158,233
1,683,161
2,250,812
21510,117
2,itl1,3M
2,158,418
2.813,%7
2868,820
2,921819
2,985,865
3,%5,682
],106,1%
3,188,624
3,231,986
3,.6,616
3,362,598
1,429,820
3498,417
3,588,385
55,523,251 Bi
0 0
0 778807
1,160,860
2 29729
2.914.602
39" 0
4SWL348
4,739,301
4,834,087
4.930,769
6029386
6,129,972
6.212
6A37,223
6 3988
5,652,847
686
6771182
8 92726
6,010680
6,130.792
8,253AB
TP 1
RE DUR10.
kEAL PRDPERTYTA7t
0 0
0 0
6,250,000
9,175
18,]5010011.875.m
25,000000
25,500,000
26,010100 26,530200
27,060604 27,602,0.
28,154,060 28,717,142
29.M1,485
20,877,314
30,474,860 311 68
84,368 31,706,045 32340,166 326,989 33,646,708
BVSM666PERSONA PROP6lS
0 0
0 0
3,125100
4,68],,000 500
9,375,000
10,937,500
11,51,01
12,750100
131051000
112651100
13,530,402
13601 010
14,077,030
14,358,571
14,665,742
14,938,657
15,23] 430
15,542,179
15,853,022
16,170,083
19,493A85
16,823,354
Llyaf Grapadre
0 0
0 0
31,186
411 1
91,198
10012
124,fi86
127,150
129,701
112295
134,941
137,610
140,193
113,200
146,061
118686
151,965
155,005
158,105
181,261
161.491
167,712
2604155 Clyaf Grap--
Tan c-,
0 0
0 0
24.150
37,126
74,250
86625
90000
100,880
11,10
105,080
107,161
11,304
111,490
113,IM
115,996
118,314
120,61
121,14
125,556
128,061
130.628
133,241
2,068,19 Tamen-M
Torten cp l plml
0 0
0 0
21.385
32,048
61,16
74,119
85,4,11
1],111
.114
90,.1
921.
91,358
96,2.]
98,165
100,112
102,131
104,177
106,260
11,386
110,553
112,161
115,020
1,]85,227 Tamen Cavylbsplml
TCC
0 0
0 0
13,9fifi
20919
41,8%
4. ,881
55,864
56,981
58,121
59,223
1,-
61,878
02,912
64,1)0
65,453
66,762
68,18
. 460
70,849
12266
)3,711
75,185
1,166,954 TCC
1RWD
0 0
0 0
1,875
2613
5,625
6563
7,51
7,650
7603
7,958
S"S
8,281
8,41.
8,615
9,)8>
8,963
9,112
9,325
9,512
9,102
9,896
10.14
156,670 TRW,
G.'e wC ywMmD
n 6%
0 0
0 0
123,759
185,639
311,278
433,158
695138
.4,938
515.17
525,338
535,645
546.561
557,493
568,612
580.015
591,616
61,448
.15,517
627627
640,184
653,191
666,255
10,340,980 G2peNrelCOMyAM B
0 0
0 0
216,882
326,323
880846
789086
.61
9%878
902.576
920,627
939039
9678.
978 77
898 X18
1'olaAn
1096)/6
1067611
1,018681
1,100bb
1122 39
11448%
1181617
181 021
REVENUE A, 1, 2,3,4, 5,6
6066 41 GjWMS
7,337,643 f0 1667
IkI5109 I 15109
19 079
24.13%847 W,619AN
12,715,02935,$65_M
M 10 5 0 7" d1 TS 42,31005 0,160761
44,033A36
44$17,M 45,819,741
48738 74 47
M 361% 49,8111M
6011109 61622,7"
819,"9 012
Rennin Total
6,056241 12122,21
2D.259,05Q 30,791,707 42."S219 01M.$95
W907A42 118 6126 148,321156 1 11 16 222 01,700 283,160A46 30/ ,119 3MA80AN 3"126,764 434.160409
479M.244 624,297"5 6711371SS 819,4161% 8671",766 717162,113 768160,222 81879 012
2216 2016
2017 2010
2018
2020
2021
2022
2023
2024
2026
2026
2027
2029
2029
2010
.31
2032
2033
2264
2035
.36
217
2038
NET PRESENT VALUE 0 6%
GROSS 1 619,792,012
CIryelGrepeNre
E 96,734,143
8]0145 986.]91
1,14427 1,504617
1,746,185
4,311.18
5,015,571
8,004,228
9,161,693
10,154,.2
11,352,024
11,1'91,591
121/2889
12$89,715 12,812149 13,19,398 13,361,895 13, 29,641 13,902,]12 14,181,305 14,465,440
11,755,257 15,050,871 15,352,39]
232,482,187 ClyafGrep
Taman Cony
f 31251,129
691,01 71,641
817,353 1,195,022
1,186,699
1,953,611
243],246
2,880,%
],135,510
3,426,51
3,633,161
3,19],61/
3681,608
3,961,684
4111,321
4,122,551
4,205,406
4,289,918
4,376,120
4.4fi1041
4,553,731
4,615,210
1,738,518
4,833,692
18269,751 Tenon Canty
Tartan Cony Hospital
TCC
f 22,57233)
f 19,330,623
596,511 6)6,475
31,923 442,193
722612 1,031,598
M's. 6)4,32)
1,19),11
)82,48]
1,696.165
1,102,396
2,103.913
1875,.'
2,486516
1,625,406
2,106)43
1,)69,323
1,95],921
1,933,511
3,136,3%
2,050,125
1,274,840
2,140,673
3,352,510
2,191,223
3,419,91
2235.51
3.18,655
22MA38
3658,7]]
2326,275
3.530,301
2,373,028
3,)'3,256
2,420.)16
3,7)7,669
2A69,359
]653,571
2,518,971
3,930,991
2,569,581
4,01,960
2,621,21
4,10,501
2673,852
4,172,666
2,727,557
67,566066 Tertan Cavy Hospiml
44,166,079 TCC
IRWD
E 2.595,231
52,349 59x6]
6],136 90,532
105,053
148,01
i8d,fi40
218,219
23],511
259,581
2)5,240
287.39)
.4,213
31,128
106,161
312,116
318591
321,994
331,524
338,185
314,980
351,910
358,9]9
]66189
5,929,527 7nWp
Ge 're/COM 'M 60 f 171.8621
3 166188,10
3455305 391851
8,066,241 6,886.968
418]083 5975561 6934022 911 97 1211 t5] 1/403561 156]8 M 1]133812 18 16]211 18,969609 19419510 19819.
),331,643 10A71,857 12,161,"9 19,8TOAM 24,119,%7 29,618,4" 32.715.M 36,866,669 38,811,086 4021,70 41A83,673 42316,885
2020813] 2061/319 210.624 21151216 21882259 22321923 22)70381 2322181 .694383 24110220
.,168,781 ",033,816 ",917.846 0,819,741 44,739,874 4),678,006 48,836,1% 49A112" 60,807,11 61.622.790
3913)8,102 GrapevirelCeMyriM6
B16M2,012
Amended Project and Financing Plan, TIRZ #1
20
DAVID PETTIt
fCUr70rnrt De4tlU,Cr7lent
Financial Feasibility Analysis
TAXABLE BASE YEAR 0ROW7H L -X
ERTYTA
DISCOUNT RATE 8.00`,6
0.3]24390
2015-201)
CirydtrepeNne 0.3324390 0% 0300010
REALP
0 - TYTAX
C1rydG 'm.
0.3324390
103% 0.]324390
T.-.0
02640000
096 0.0000000
Tarart COvryH pl l
022]89]0
0% 0.0000000
TCC
0.1489]00
0% 0.000001
TRWD
0A2MOW
0% 0.0000000
QaPa-Co"&ISO
13MiW0
0% 031010
23131060
0.3924390
ESTIMATE OF GENERAL IMPACT OF PROPOSED ZONE PROPERTY VALUES AND TAX REVENUES
2018-2038
ERTYTA
BU0.33A PR
0.3]24390
1 033
0091 0.24390
CirydtrepeNne 0.3324390 0% 0300010
0 0261010
0% 0.0000000
Tartan{ 026/0000 096 0.-011
0 02278970
0% oA00D-0
Tertart C0vy H0apkl 022]89)0 OX OA)00W
0 0.1199700
0% 0.
TCC 0.14897M 096 0.0000000
0 0.020"1
0% o.a00000D
TRND o.amXX, 0% O.WOp00p
0 1.3201000
0% 0300001
Q Pp -'Cd"k6D 1.3201000 0% 0.00000017
2.31341]60
0.3324390
2.313A10 0.0000000
.. �, ^'.rnaarmxa,wremrrv...+,....�.ova.+m+r�.,o..+.-.�_+:...,..mT�w•.wn_.,..++�s,.+-..w-.--.-.��.-..-.�s..+.---'-'-..,-� .n:.....--n.+n..-�. r..rv�..+*..+-.p.,...,...... .... _._ _ _ •yam
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
21 rD
EcorlornrL Devooptneor
BASE YEAR
0 0
0 12
3
4
5 6
REVENUE YEAR
1988
2016 2018
W17 2018
2019 2020
M21
7
2022 20"
8
9 10 11 12 13 14 15
16 17 18 19 20 21
2024
2026
20M 2027 2028 2029 2030 2031 2032
2033 2034 2035 2038 2037 2068
TOTALS
BASE YEAR
CirydQap-
],641,325
1,617,325 7,647,325
],64),325 7347,325
7,647,325 ],64],325
),64],]25
],64],325 7147225 ),61],325
),64),325
7,647,325 7,647,325 ],641225 7.647,325
Torten C -y
Tartan Coaly Hasplml
],647,325
1,641,31
7,547,325 7,647,325
]111,325 761],325
7,647,325 7,547,325
),641.325 1,64],325
7,641.325 1,647,325
7,647,325
7,647,325 ],6{7,325 7.647,325
1,64].325
],64),325 ],61),325 7,647,325
],61]215 ),647.325 ),641225 7.64],325 7,84],325 ],641,325 ),64],325
7,647,325 7,641,325 7,647325 7,647,325 1.11,325 ],61],325
1,54),325 7,647,325 7,611,325 1,647,325 ],8/7,325 7,641225
TCC
1,84],]25
7,647,325 7,647.325
7,611,325 1,647225
7,547,325 ),547,325
],64],325 7.547,325
1.641225
7,641225
7,64],325 7,647,325 7,647,325
7,647,325
1,847.325
7.647,325 7,641225 ),64)325 ),647225 ),64],325 1,647,325 7,541,325
7,647,325 7,64],325 7,647,325 ],647225 7,647,325 7.541225
TRAD
),64],325
7,547325 7,647,325
],64),325 714),325
1,617225 7,6/7,325
7,64)325
1,647,325 7,647,325
7.641325 1,641,315 7,647,325
7647,325
],617,325
7,617,325 7,647225 7,847225 7,617,325 7147,325 ],61],325 7,617325
7,647,325 7,647,325 ],547225
7,647,325 1,617325 7,647225 7,647,325 7,647,325 7647325
Grepmi'wc kyAk 60
],647,325
7617,325 7,647.325
7,647,325 ],64),325
],641,325 7,647,325
1,647,325
7,547,325 7.647,325 7,611,325
7,647,325
7,547,325 7,541,325 7,647,325 7,647,325
7,647,325 7,647,325 7,617,325 7,547,325 7,547,325
].64],325 7,647,325 1,641,325 7,647,325 ],64],325 7,547,325
7,647,325 1,647225
7,647,325 7,641,325 7,647,325 7,647,325 ),64],325 7,647325
TAXABLE VALUE
LirydtrapeNle
269,393,041 214,]80,908
280,276,526 285182,057
291,599,698 297,431,692
303,380326
309,441,932 315,636,891 321,949.629
326,388,621
334,956,393 341,655521 348,498,632 355,458,404
Tartan Conry
269 .393,04) 211,]80.908
280,2]6,526 285482357
291,599,698 29],131,692
303,380.326
3090.47,932 315.636191 321,949,629
328,388,621
362567,5]3 369,818,924 317,215,302
334,956293 341,655,521 348,488,632 355,458.404 362,567,573 369,818,924
364,]59,609 397454,801 /00,]1,17 408,3179,915 416,476,174 424,805,596
TertartCaay Hospiml
TCC
268393,01] 2)1.]80.608
269,39331] 2]4,1N.
280278,526 285,867057
280,216,525 285,8820.5]
291,599,698 291,131,692
291,599,690 297,431.692
303,380326
305380326
304A41432 315,636,891 321,949,629
309,441,932 315,635491 321,919,629
328,388,62/
377,215,302
334,956393 311,855,521 348.488,632 355,458,404 362567,5]3 369,818,924 37),215,31
384,]59,609 392,154,801 400303,897 108,309,9]5 416.4]6,1]4 424,805,698
381,759,609 392,454,801 400303,897 408,309,9)5 416,476,114 424105,698
TR1VD
269.3933/1 214,780,908
280,2)0526 286,882,051
291199,51 291A31,692
303,360326
309,41],932 315,536,89/ 321,949,629
328,366,621
328288,621
334,956,393 341,655,521 348,488132 355.458,404 362,567,573 ]69.818,924 371,215,302
384,759.609 392.454,001 400303,89] 4M,31,975 4163]8,114 424305,698
GrepeNna/CakyNk ISD
259,393311 211,]WAN
280,2]6,526 2BSA62,051
291,599,696 291,431,692
=380,326
309,44)132 315,636,891 321,949,629
321258,621
334,956,393 311,655,521 318,488,632 355,458,404 362,567,573 369,818,924 317,215,302
384,]59,603 392,454,801 40030!591 108,300915 416,4]6,114 42141,698
334,959393 311,655,521 348,468,532 355,45BA04 362,567573 369,618,924 377,215,302
384,759,609 392,454,801 4W3W,997 4M,31,975 4163]6,114 424,805,6%
TAXABLE VALUE INCREMENT
Liryd QapaNrc
261,745,722 267,133,563
272,629,201 2]8,234,]32
283,952.373 289,784,367
295,733,001
30/1W,607 307988566 314207304
320141,2%
32]209,068 334A08,1% 340,811207 347111,019 354,920219 362,171,599
T -Cady
261,745222 261.133,583
217629201 278,234,732
283.952,3]3 289284.387
205,733.W1
30111,607 30],989566 314302204
320,741296
369,56],97]
32731,068 331.-8.196 340811,301 3471114]9 354,920,248
371,112284 304,607,476 392,556,572 400662,650 408,828,849 417,150313
Tartan Carly Hvsplbl
261,1/5,722 26],133,583
212,629201 278,234.132
283157373 209,781.367
295,733,W1
301,81,601 307,989,566 314,302,304
320741.298
362,171,599 369,567,917
32]209068 331.009,195 340,811,30] 3111110.]9 35{,920.246
37],112284 384,60],4)6 392,656,572 4W.662,650 108,828,849 41],158,3]3
TCC
281,]15,722 26],133,583
2]2,629,201 218,231,732
283,952,373 289,184,367
M5,7".W1
M1AW,W7 307.989,566 314303201
320.]112%
362,171,599 369,56],9])
321,31,16 334,01,196 310,8/1.30] 311111379 351,810,1/8 361.1]1,599 369,567,8]7
3]],112,286 381,80]3]6 392,556.512 /1,562,850 41,828,849 117.1583)3
TRWD
GrepeNMC05eyNk ISO
281.715,122 26),13]583
281,]{5,722 287,133.583
P2,629,21 218,231,732
2]2,829,201 278.231,732
283,952,373 289]84387
283,952,3]3 289,18426)
295.]33,11
295,133.001
301,8W,W7 307989566 314202304
32M741,296
3272MABB 334,01,196 310,841,307 347111A79 354.920248 361,1]1,599 389,587.97]
3]),112,284 381,807175 397656,512 41,52,65 108,828,849 11],158,3]3
317,112,284 314,11.116 392,656,572 41,662,650 41,829849 417,159373
M/,BW,W7 307.989,566 314.WZ201
320,741,296
32721,068 331,01,196 ]40841,"1 34],8113]9 354SM248 362,171599 369,56],977
37),111284 304,M1,116 392,656,572 11,662,650 408,828,619 41),156,3]3
REVENUEA
TAXABLE VALUE GIW0
Ciryd trapaMrc
870.145 889056
909326 921,961
943.988 963,356
983,132
1,003,"3 13234)) 1,044453
1066269
1.088.103 1,110,3]4 1.133,089 1,156,260
revert carry
0 0
0 0
0 0
0
0 0 D
o
1,1]9193 1.204,000 1,228,588
0 0 0 0
1,253,668 1,2]9,250 1,"5,341 1,331,959 1,359.101 1,366,19]
26,634,688
CydG pW
TartaM1tarryHmpiml
0 0
0 O
o 0
0
0 0 O
0
o O o
0 0 0 0 D
0 0 0 0 0 0
o
TanartCaay
TCC
o 0
0 o
a o
0
0 o O
o
0 0
0 0 0 0 0 0 0
0 o D o o a
o
Ta�artCaKyHospiml
1RWb
trapedrc/Cde3Mk 60
0 0
0 p
0 0
0 0
0 0
0 0
0
O 0 O
0
0 0 0 0 0 0 0
O O o o O O
0 0 0 0 0 0
0
0
]CC
T7N1D
6%
0
0 0 0
0
0 0 0 0 0 0 0
0 0 0 0 0 0
0
trapeNrcCdeyAk 5D
19,1"331
870146 MASS
906226 924,981
988 903266
983132
1AW,M3 1 29877 1,0114,863
1066,289
1088,109 1110274 1133,088 1168 0 1179,893 1 04,01 1,226688
1263568 127925 1306 1231 69 1269107 1 86.797
2063t,1B8
REVENUE 51 -RETAM1
REAL PROPERTY TAX
BUSI(VESS PERSCNALPROPERTY
0 0
0 0
0 0
0 0
0 15,10
0 1,62751
12,12531 113.175,10 137,36251 153,615.10 1]8,425.10
8.91125 10142,51 13,19]50 11,598.750 16,942.55
10BB62,5W 1993W.0) 199,206302 203,11,120 "],253922 211,399,11 215,526,981
1],]86.250 18,630,0) 19.W2,6W 19"7652 19,770,M5 ",165,711 M,569,025
219,939SM 22/238311 228,82531] 233,401,519 239069,610 242,831,22
20,980/W 21,4),M4 21,828,014 27264,575 22,709466 23,164,M3
CirydarapeNrc
T. -.Cody
0 0
o 0
0 0
0 11,069
240,104
3]6,238 459647 5104]6
531154
621,"4 649,253 662,239 675,183 609993 ]07]73 7198"
731,165 ]45,]88 ]5,]01 775,919 ]91.436
Tanart CanyHOspiml
o O
0 0
O o
0 0
O a
0
o
0 0 0
0 0 0
0
0
0 0 0 0 0 0 0
0 0 o
W7,265
o O D o 0 0
11,669136
o
Lilyd ,re Offs
iavartcarry
TCL
1R\ND
o 0
0 D
0 0
o 0
0 0
0 0
0
O
O o v
D 0 o
0
D
v O o o
0 0 o a a 0 O
a o 0 0 0 0
0 0 0 0 0 0
o
0
Tertart cavy lbrylpl
TCC
trepeNrclC0lkyNk ISD
o 0
0 0
0 0
0
0 0 0
0
o 0 0 0 0 0 0
0
0 0 o O o 0
0
TRW)
6X
n
0 0 0 0 0 0
0 O o O o 0
0
QepeNrelCekyNk SD
4,867686
0 0
0 0
0 160,068
240104
370,219 465,647 610,876
693,1"
621IN 619253 657238 675A83 899895 7W,TT3 716428
731,156 746,789 70701 775,918 791 36 miss
11,666136
EVENUE62-SALE9'TAX
Beks
0 0
0 0
0 9755,01
138125-0
218 WAW 261,975,10 291,975.1 3M45AM
355,725,000 3]2,600,-) 3W,W2,0W 387153,040 395AW,101 403,314,223 411380601
419,61,117 128,)0280 439560,285 445,291,/91 454,197,321 463,281,267
n 6%
CI dGa N,e
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0 0
0 0
0 0
0
0 0 0
0
0 0 0 0 0 0 0
0 0 0 0 0 0
0
cl dtre
EVENUE 88.• pICE
REALPROPERTYTAX
0 28,7WA00
43,05,0X0 10727531
124,717500 147,10,01 206375,10
235,987,51 265,61,000 3335)"0
361,1503-
401,41.1 4M,42B,10 417,616,560 425,969891 434,488,269 4/3.176,W4
BU6M686 PERSONAL PROPERTY
0 tAW00p
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5AMA1 6000.)
85)01
152,11,595 461,1232] 410301,076 4)9,)10,157 489,304,%0 4NMO,441 51,072,256
9,750 11,01,01 13,81910 15212,51 16,7531 11,W5,01 17,426,11 11,))5211 18,130,139 1a 183.353 18.883,221 192/0,/85 19.625295 20,01],81 20,118,157 20428,520 21,213,030
Clryd Ce' e-
0 95,410
143,115 3403"
414,593 489/84
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1,334,410 1,361,18 7,3883M 1,416,087 1,444,41
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0 0
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0 0
D
0 0 0
0
1,413,297 1,W2,7M
0 0 0 0
1,532418 1,563,474 1,594,744 1,626,639 1,659,171 1,692,355
25,755,662
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p 0
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trapeNnelC."kISO
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0 0 0 0 0
0 0 0 0 0 0
0
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0 96 10
la115 340,01
414183 489,184
88SA71
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1,221,647
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Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
21 rD
EcorlornrL Devooptneor
Financial Feasibility Analysis
TAXABLE BASE YEARGROWTH 200%
0 0.3324390
110
DISCOUNTRATE 6.00%
0 026/0000
0 0.22}99}0
0%
096
OOOOOD00
0.0000000
2015-201]
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0.3324390
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0.3324390
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0.2640000
0%
0.0000000
TertaM GOMry Hasplgl
0.22}69}0
0%
0.0000000
TCC
0.1499}00
0%
0.0000000
TRWD
0.0200000
0%
00000000
_"',WkM0
1.3201000
2.313'060
096
0.0000000
033243%
ESTIMATE OF GENERAL IMPACT OF PROPOSED ZONE PROPERTY VALUES AND TAX REVENUES
2019-2039
0 0.3324390
110
013243%
0 026/0000
0 0.22}99}0
0%
096
OOOOOD00
0.0000000
0.1499100
0%
0.0000000
0 0.0200000
096
0.0000000
13201000
0%
0,0000000
2.313'090
0.0000000
0.33211.
Amended Project and Financing Plan, TIRZ #1
22
DAVID PETTiT
fcor!vrrrt i:eve!vpxnrrar
BASE TEAR
CIty Of Gape
0,3324390
096
0.0000000
T -MC
026-
1640000022}09]0
4
5
6
. 21.1C
0%
0.0000000
TCC
0,11B970D
0%
0.0000000
Tk
0.0200000
0%
0,0000000
Gapevire7Cdla3Mk SD
m.
1.3201000
0%
O.000OODO
2.3134060
2016
0.0000000
Amended Project and Financing Plan, TIRZ #1
22
DAVID PETTiT
fcor!vrrrt i:eve!vpxnrrar
BASE TEAR
0
0
0
1
2
3
4
5
6
7
8
9
10 11
12
13
11
15
16
17
16
19 `21
REVENUE YEAR
1998
2016
2016
2017
2018
2019
2020
2021
2022
MM
2024
2026
2026
202} 2028
2029
2030
2031
2032
2033
2034
2036
2038 2037 2538
TOTALS
BASE YEAR
UE M -COMMERCIAL
REAL iMOPERTYTAX
D
0
0
33,250,000
49,8]5,000
13],100,000
171,11 %00
208,300,000
212,466,000
216,715.320 221,049,626
225,470,619 229,9%,031 234,579,612 239,271,225 2'4,0%,649 248,931,MIS 253,916536 258,99'868 264,1]4,]66 269,458,261 2]4,84],426 280344,375 285, 51,262
EUSMBSB PERaOMALPROPERTY
0
0
0 1,18], S.
1,]81,250
5,100,000
6,162,500
1,825,000
],981,500
8,141,130
6,303,953
8,470,032
8,639,132 AIV21
8980,465
61662 )5
9,351599
9,538,831
9,]29,404
9,923,992
10,122,472
10,324,921 10531,420 10,742,048
CIryolGropaWre
00
0
110,536
165,804
456.771
574,621
692,470
]06,320
720,446
734.855
]19,552
764,543 7]9,834
]95,431
811,339
821,566
844,116
861,000
878,220
895,781
913,}00 931,974 95061'
15,165,/%
CltyofGMpevir,a
T-1 CaMay
0
0
0
0
0
0
0
0
0
0
0
0
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0
0
0
0
0
0
0
0 0 0
0
TartaMCavy
TerteMCole6y Hosplrel
0
p
0
0
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0
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0
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0
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0
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0
TaneM Cwa4y H0spl�el
TCC
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0
0
0
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0
01
0
0
0
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0
0
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0
0
0
0
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n 6X
0
0
0
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0
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0
0
0
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0
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0
0
0
0
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0
trapeWnelCokyNk 50
0
0
0
110.638
196,804
486,771
674,821
892,470
706320
nOA46
MOBS
14.9,662
7".00 779,894
795,431
811.339
82706
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861,000
VIP,=
896,78.1
913,700 531A74 960614
16,1%,499
EVEN 88�H07EL
REALPROPERTYTAX
0
0
0
33,712500
50,568,750
8],737500
125,98},500
170903,125
194,}06,250
204,%2,500 206956}50
213,130,945 21],401,}24 221,749,758
226,184,754 230,706449 235,322,618 210029,070
244,829,651 249,]26,214 254,}20,169 259,816,185 265,011,488 270,311,]18
BUEMESE PERSONAL RTY
0
0
0
0
0
0
0
0
0
0
0
0
0 C
0
0
0
0
0
0
0
0 0 0
CIty Of O'epevire
0
00
112,0]3
166110
291,6]1
418.832
566,919
647,280
691,043
691,664
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722,728 ]37,183
]51,926
]66.965
]92,304
}9},950
813,909
830,18]
846,]91
863,127 881= 898,622
13,962345
Cttyo]Grapevine
Tartert Coviy
0
0
0
0
0
0
0
0
0
0
0
0
0 0
0
0
0
0
0
0
0
0 0 0
0
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0
0
0
0
0
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0
0
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trapaWrelCokyAk SD
n 6%
0
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0
0
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11;OTJ
188110
281,674
418,832
666819
847,280
881063
694,864
109,%]
72;729 737,183
761,928
786%6
782 06
79T960
813,909
830,187
846,791
%9,727 881,002 M8,6Y2
998P,846
[EVRMUEft-INDUSTMAL.
REAL PROPERTY TAX
0
0
0
0
6,250.000
9,15,000
18,711-
21,875,00
26,000,000
25,500,000
26,010,000
26,530,200
2706D,801 27,602.0"
28,154,060 28,]1],142
29,291,185 29,8]},111 30,471,860
31,084,358
31,]09,015 32,340,166 32986969 33,646,7%
BUaMEB$PERSONAL PROPERTY
0
0
0
0
),125000
4,68)500
9,3}5,000
10.93],500
12,500,000
12,}50000 13 ,05,000
13,265,100
1J,5361D2 13,%1,010
14,0]],030
14,358,5}1
14,615,)42
14,938.65]
15,23],130
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15,853,022
16,110%3 16493,185 18,823,3$1
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0
0
0
020,]77
31,166
62,332
72,721
83,110
84,772
B6,i6V
88,197
89,961 91,760
93,595
95,467
97,376
96324
101,310
103,33]
105,403
107,511 109,662 111855
1,}36103
Clty al Gta Vm
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0
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0
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0
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TCG
0
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0
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n 6%
0
0
0
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0
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0
0
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31,146
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101"10
103,337
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1796103
REVENUE A,1 2,3.4. 5,11
V0146
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1POA41
1 2
1,M3,253
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a
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6.293.870
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6 19Aa4 6732 61 ..647 ,507
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".274M4 5I.26tW
SSS48.SW 61 BMS 68 32 97
72 32 M
77741128
03.360.578 ".092A27 wad,
ETPRESENTVALUE 6%
2016
2016
2017
2018
2019
20202021
2022
2023
2024
2025
2026
2027 2028
2029
2090
2031
2032
M33
M"/
2006
M39 20"7 2038
ROSS 94,910,091
City ofG pmi. a
41,643,126
870,145
983,466
1,049,441
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1,}13,253
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2,965,092
3,496,066
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4,940,34
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Amended Project and Financing Plan, TIRZ #1
22
DAVID PETTiT
fcor!vrrrt i:eve!vpxnrrar
Financial Feasibility Analysis
- to—
REAL PROPMW
P61ti0NRL PROPRtt
IALM
20 YEAR - RETAIL: INPUT & OUTPUT
► MPUT
$ tl,ttp,lt4
i 1,11g0a2
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P61ti0NRL PROPRtt
IALM
CIN Or OrowWm
azf s 1p,101,Ot0
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i
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f
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0.0%
anu
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
23 Ecur)orrec Dev;:Io rr+eni
TOTAL I
WAL P0.0P9trr
P 90NILL
tb
el o/Oro aWm
r.ms i 1.10.41M4f
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t
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Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
23 Ecur)orrec Dev;:Io rr+eni
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS & COST -BENEFIT ANALYSIS
CelaMm Yeer 0 0 0 f 2 3 4 5 6 7 8 9 10 11 12 13 11 15 18 1) 1B 19 20 21
.._- r-.-.. .. .........'
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
24 fconornrc Dewtopown!
x015
2011 2011 2011 YOf9 4040
4021
M2
20;1
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20x5
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2011
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1.1
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2091
2032
4051
30.H
4615
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4091
4038
%OCCUPIE0 100%
100Ye 10096 100% 100% 100%
100%
-
100%
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100%
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100%
100%
100%
100%
100%
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100%
100%
10096
100%
RCALPRO MC
1.6-
- - - 48,150,000
72.VS,000
113.175,000
137,3825.
163,115X00
18,428,000
10986;600
196,300,6W
198,208,000
203,180,120
20],263,922
111,389,001
216.826,881
219,939,510
224.338,311
228.825.011
233.401.5]9
238,%9,610
742.831,.2
PV
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553,4051.9]1.1.
10],594
14,591
MA29
MI.%
265,8%
2).389
2.,938
2%.751
302102
308.116
314,921
321220
321,41
33119)
31..1
31],6%
354A52
361,]155,1392"A16
Mre7C0 Asn
f i
-
- -.%0
8351628
14,445
%5.442
22635
1 91123
27,4]3
1$13,322
30,]35
21.20.04
35185
21551%
312)3
2,16.)]2
390.
2,5].'55
3.,811
2.62.718
4.638
2,42513
41,651
2,89958
4;2.
2.79.6]8
43,125
2A48A.
43,986
2..3A22
44,84
2%1.1.
45,]65
3,02.)20
4.6.
3..1191
4],611
3.112.]51
18,566,851Gm
3,209812
.
lebl
- 1,113,.5
1118,851
;111,187
91",751
9!!91.7
1f",eBs
IAxxABO
1110.093
I,e01,111
I,1W,.13
/,84,633
I. -Ai]
4,9!1.121
9010.04
9fI1,/M
9289.61
SAB9l26
9!0].11]
3A1;e1>
%OCCUPIED 100%
10096 100% 10096 100% 1W%
100%
1.%
1W%
1W%
100'16
1046
10096
10096
100%
1W%
100%I-
100161"
100%
'00%
100%1w%
PCR80RAL PROPCRTY
Texe9b Veh4e -
- - - - 4,627.500
941,750
10,42,500
13,.1,80
14,698.150
1941.500
17,186260
18.6.,0.
18,002.6.
19.382,652
19,"0,305
20,fe6,711
29569025
20,980,406
21.4.,014
21,828,014
22,264575
22709,16.
23,164,089
PV
GR055
CIryOfOrapaWre
- 15.301
23,015
36,377
13,545
48$32
56,323
59,121
61,933
63,172
4,435
65,724
6],039
68,319
69711
71.112
12,565
14,016
15,1%
71,008
1.113122
TemmGOBMy
-
- - - 12,217
1.325
2.,088
311581
30$11
44,728
46.9564%1M
5.167
51,170
5214
53,237
51302
SBA.
57,028
58,"8
59,951
61,153
089184
_.y 'p
-
- - 10$46
15,819
24,938
29.852
33,210
3.611
40334
42A51
43,3.
44,112
190%
45.957
47,814
48,770
49,145
50.740
51.755
522.
763,40
6A4
10,310
16,901
19,513
21.718
29239
26,4%
271753
28,3%
28.874
2.152
30.1
3.42
31,255
31180
32511
33,188
32831
34,508
4.%-
TRWO
G2 W 60
611%
1,388
911631
2189
111,452
2,620
1 ".,7
2.920
191,718
9389
223,%9
3,557
2317%
3,86
249935
3AN
2..%3
3107
2598)0
3,954
2..9%
4133
2.2%
4,114
271.532
4,1%
2]6.%2
4,2.
282.502
4,3%
2..1.
4,53
293.915
4,542
298,)93
4,633
905,189
8104
4119,]5]
107,053
1.A19
SB;iN
50;0x1
331,1x8
391,49
411.4.8
X0,98.
439,117
I48A99
4.,M7
41.,111
415143
189314
18949
509911
5190]0
SxSAIf
9V,18
%OCCUPIED 100%
100% 100% 100% 1.% 100%
100%
100%
100%
100%
1.%
100%
100%
100%
1.%
100%
1W%
1W%
1W%
100%
1-
100%
100%
1.%
SAL TAX
TerB6b vlN -
- - - - 92,%O,WO
138,.29W0
218,8.,.9
26f,98,W0
291,9]6,000
338,8.,OW
3597260W
37260,OW
380,0520.
387,653,040
385,4%.101
403,314,223
411,380,07
419,608,117
428,000,280
439560,286
449291,491
464197,321
493,291,282
PV
GRO55
TeW
-
1,e51,OW
;».,100
43",000
5,138,5.
5.938,5.
1,"1,OW
1,114,100
;/1l,OW
1,101,40
7,]53,.1
;908,143
,088,24
/,121110
8184,114
8,190,.1
e,)91,NM
8,90),0.10
8,08;4e
9,1e9exS
SUMMARY
PV
GRO55
CIy.fGm90Wre
-
2,028169
3,038,618
4,]09615
5.]39182
6,39.9.
]128178
].14812
8,163,10)
BA26A.
9.482,9]9
8,%2,838
80%A%
81012,818
8,1..44
9.3)6,938
9$4,1)1
9,]55,)61
8,950,0]9
10,14909)
14.,]01130
TemmCevy
-
- - - - 139.333
2%,9BB
32],870
317,210
-, 43
515."0
540,273
561.])5
576,071
58]$92
5.,344
611,331
623,557
83.029
648,749
%1,]24
674,959
%0,150
102.227
10.14.321
Te CO Ha Ml
,�yR -
- - 120,270
1WA10
382160
342.89]
383,481
14923)
4%,3%
407,540
491,291
.7,231
511.301
521,)29
53.24
WMI
5%X30
5]1.231
582.655
.4,309
6.,195
8,]"AW
TRWD
'1^'f'
1%-
- - - 10$58
117,934
15133
14,890
24,821
224.143
30,.2
M..7]
33,655
291139
39.011
321,%5
10,930
31.692
12.786
32.0%
43.42
331,%1
41.615
338,198
45,4%
311.962
16.313
351,061
4],239
358.098
/8,14
386,46
19,1/8
373,398
50,131
3.,866
51.133
3081.3
52.156
3%,253
53,1.
5,728191
1%Al2
.._- r-.-.. .. .........'
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
24 fconornrc Dewtopown!
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS & COST -BENEFIT ANALYSIS
CekMa Yw1 0 0 0 1 2 3 4 5 6 ] 8 9 10 11 12 13 14 15 18 1) 18 19 20 21
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
25 OM Econom c Deve"uptneoc
2M5 2M6 2017 3018
2079 2020
2021
2022
2023
2024
2026
W26
"17
3038
2029
2030
2031
20.12
2033
2034
REAL PROPERTY
Te bk V.I. - - - -
- 48,150000
]2,225,000
1131)5"0
132%2,500
1538)5,000
1)8,425,000
186,862500
19;300,00
199,206,000
209,190,120
20],253,922
2036
-1
203]
M)e
PV
211,)99,001
215,626,981
219.939,520
224,33@,311
228,825,0]1
23),101,5]9
23809,610
242,@31,002
iy° R re
Tarar6 C°vy
-
_ _ -
180,069
210,101
3}6,238
458,61]
510,8]fi
593.154
621,2 04
649153
662236
615,183
688,993
)02,]]3
116,828
]31,165
]45,]88
IW,>04
1)5,918
)91,436
80],265
GRO55
TenartGouyHosPBel
-
-
-
Gupewre/Cokynk 6D
-
-
-
-
-
PERSONAL PROPERTY
T..bh M.
- - - -
- 4,82],30
6,941,250
10.942500
13M.7M
14,598,750
169125W
1],786,2W
18,630,00
19,02,80
19,382652
PV
19,T7030
20185,711
M5",025
20,980406
21,40,014
21,828,014
22,264,5]5
22,70,066
23,164,083
c1yof Gr"_
_ _
_
GROSS
SALES TAX
Tmebk V.- - - -
925,00
138825,00
21815000
261,975,000
291,9]5,00
338850,000
355.]25,00
372600,00
380,052,00
381.853040
395.40,101
403,314,223
411,3800]
419,608,117
428,"020
436560285
445,291.491
TeM1
PV
- -
- -
_
454,197,321
463,2@1,261
GROSS
SUMMARY
-
-
-
rya epenre
Tarorl Cony
PV
- - - -
_
- 160,069
_
240,101
3)6,238
450.611
510,016
593,151
021,204
619,25)
662,238
171,1 1
688,993
)02,7)3
118,828
131,165
]45.]88)91,138
07265
GROSS
TCG
Grepe.:n°ICokyAk 60
TOTAL TAX REVENUE - P
RTICIPATION=NET BENEFIT
M.
SUMMARY
PV
Teres C°vy
1660111(
1.866,381
2)99,515
1213,1)1
5,283,075
5.888,0)2
6633,323
],1]3,628
7,51 3,933
],861,212
},81),/96
],9]3,816
8,133,323
0,295,990
8,461,90
8,631,118
8,803,])1
8,9]9,846
GROSS
Tared Covylbspiul
_ _ _
5.505108'. _
- 13833)
1MP8
207,999
180416
321,670
MR.
39),218
34289]
444,243
363,491
515,]]0
445,231
540,2]3
466307
564,]]5
576,071
587,592
599,3"
611,331
623,557
636029
640,749
661,72/
874,959
9,159,443
688,158
9,312,632
}02221
,
10,1",921
TGC
TRWD
1107138 - - -
50T,H}-
- ]8,823
10,556
177,934
15233
194698
24A24
224,142
30,M2
250,6])
291,039
301,865
407,540
318,692
497,291
325,065
507,231
331,567
517,381
338,199
52],}29
344,962
598,281
351661
519,049
-,8%
50,030
366,076
571,231
373390
502655
3BOA68
591,307
3H,d83
60,195
396,25)
8,70299
S.YMA9]
GrepovirNCoklvik SD
�.3M15AT3
696,716
1,0452]1
)238,4]5
1,986.239
33,855
2,221,382
39,074
2,5]9216
10,930
2,}01,568
/2,786
2,821,090
43,642
2A0,512
44,515
2938/183
45,405
2,996,947
46,313
47,239
48,184
49,148
",131
51,133
52,156
53,199
]68,H2
LRAM
3,118,023
3180,384
31243,992
3,3MA)1
3,3]5269
3,412550
3,511,407
50,7.AM
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
25 OM Econom c Deve"uptneoc
Financial Feasibility Analysis
20 YEAR - OFFICE: INPUT & OUTPUT
► INPUT
IINPLATION RATE
%wA
FMP.
P RAI. RD
er GreOeNne
100.0% f
gsc0UNr MTE
f
a
+ f
Tarrant coon
ants E
E
f
f
REAL PROPERLY TAX
40% f
PAMOPATION
s
OI More eNne
D.3]31
iW%
Q39N
Tarrant Cou
0.
Oil
0.
Terrane Coo Ib tel
0.
vA
a
TCC
0.1
O%
a
TMD
0.
OA
0.
Gta N�/Collo Ile iBD
1.32]1
O%
0.
b, Sot S
23191080D
0.
o%
+oo.o% a-
o.oX
PERSONAL PROPERTY TAX
PARRCIPATION
.1y—.p..-
0.
0%
Q
Tanent Caun
0.
1M
0.
TareaM Cau No 1
0
0'1L
0.
TLC
TMD
0.
ON
0.
Gra NnelGolle Ile ISD
1.327f
z31u
0%
0.
o.
saleaT.a wt.
n
aIX1X
► TOTAL 1,M'— CM,a00,000 1aTEa000
OUTPUT
100.0% 98.P,6 Am 0.0%
TOTAL PARRCIPATM
FMP.
P RAI. RD
er GreOeNne
100.0% f
21.GEE,SGr
f
2AOf3.307 f
+ f
Tarrant coon
ants E
E
f
f
tenant Counry Noylfal
40% f
s
+ f
+ f
rcc
ams s
s
$
$
rMD
aO.i s
f
f
f
Gre eNnelLolle Ile ISD
0.0A S
S
S
+ E
1oomc
r+Do
E
b, Sot S
f
o%
+oo.o% a-
o.oX
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
26 rD Ecommit Lewopm(e t
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS S, COST -BENEFIT ANALYSIS
cabn@n Yee. 0 0 0 1 2 3 4 5 1 7 0 9 10 11 12 13 11 Is 11 17 18 19 M 21
REAL PROPERTY
Texedb Valve -
- 18,]00,000
/60W,000
1022]5,000
124,)12,300
1!/,iW,W0
108,3)5,000
100%
100%
100%
-
l00%
10096
1x096
t00%
1W%
100%
10096
1W%
100%
100%
PV
M6B8),SW
2.,600,OW
333,500,000
M7AW,000
b1,400,000
409,428,000
4f7,11..-125,%&891
I31.dBB,269
413,1)8,034
452,041,595
461,082,42)
4M,304AM
4],710,15]
489,309,360
Di IGnH
° P°'AOa
Tartan Doury
J
- 95,410
113,115
310,002
111$93
18911&
686,0]1
784511
002.958
1.108, 1
1,221$47
1,334,410
1,361.090
1:388,320
1,4MM7
1,444,408
GRGSS
Tann CoutyHasPi I
d
-
- 75,]88
- .106
116.2
90,110
-A.
233,482
32,211
t01116
3..76
335,350
514,830
4]0,322
623,407
]01,184
BW,"0
910,4.
1AW.
1,006890
1,102,508
1,131558
1,11),048
tA73197
1.189,990
1MZL
1,193,390
1$32,818
1,21],258
1563,4]4
1,211,W3
1391.741
12.265
1,626,fi39
1191,]69
1,659,1]1
1.31],589
2{,463.x0)
18,108,410
12751
61,132
152.359
185,)81
219.208
30].37
53],808
351$51
606291
395,661
IMM
496815
837,100
51],390
914,779
59].966
933,474
60,925
951,736
9]0,]]0
99,186
1,009,989
1.030,189
1,05,793
1,011,809
1193,245
1.115.110
1,13],412
18,18,126
'm.,Co
5,710
8,610
20,455
24,913
2,130
41.275
47,198
M.130
.,TW
73,490
W,ZW
81,008
622,123
631$.
647151
66,,42
6]3,408
6068]4
7WA12
714.624
]28917
743,495
10,MX4
Oa b60
3]8.869
5 303
1,35,132
1,&6330
1,91251]
2,)24358
3,115,271
9.508.186
4,4025"
4,BW,TD)
5296881
5101
83533
65,191
.9.
80,696
A.
92216
91,.1
95,912
9],461
99918
126),4.
T9�
-
- 6629"
996,021
2326,826
26x5,106
3,401,1))
/,81,263
5,459,419
.1{0.10.
1,)15,"0
8'50,610
9
6612,956
5623,215
5735,880
5$50393
5,96]101
6.086,149
6,208,484
8332851
fi159 D]
6$.,493
86
,2%012
9,471,732
,661,16)
9As8'M0
10,061,/]8
10,25250)
f0,4",,55]
10.566,)09
t0,8W,OtJ
11,091,61/
11,319,696
i2W 98.
PER30RALPROPER
%OccUP/ED 100%
Te5e0k Ya6a -
lad% 100%
- I. -IM
10096
1,.0,000
t00%
4,OOO,OW
100%
6000,000
10096
e,000,OW
100%
100%
100%
1W%
100%
100%
1x036
100%
10096
100%
10036
10096
100%
t00%
100%
100%
100%
PV
B,W M
9,75.000
11.0,000
13,8]5,000
15,312500
1E,7W.W
17,086000
1),426,)00
17,86234
18,130,)x8
18,493,353
18,5;221
19,24.485
19625,295
20,017,801
20,418,157
20,8M,520
Cya GapmAna
TannCaeq
821;11X1
-
- 3,324
4,87
131288
18,622
19,916
28,251
32413
36568
46126
W,W5
55.94
55,19]
57,933
59,082
.,274
Gee%226
Tan.c gHoapinl
28;3.11
-
-
- 2,810
- 2,279
3,9.
3,418
10560
9,118
/3,200
15,810
22"0
25,740
2,010
36630
40,425
41,226
45,101
461006
46,927
17$5
6111]9
48,822
62,709
4,)98
.,.a
5,795
06242
51,811
.S47
67.70
MM
TDD
1815,08
-
1AW
2,235
S,B59
11,395
7.449
12874
km
19,371
12,.2
22120
14525
25,469
31921
34,89]
30,1]3
M.
39,115
10,509
41,319
42,146
42,989
43,818
41,725
52917
16620
56901
45,532
51,982
47163
783,668
S.A98
IRNA)
21.826
-
- 200
31
800
1,000
1,200
/.]a3
1.9.
16.307
2,20D
2D,8]0
2,7]5
22A11
3,063
24,952
25.452
26961
A.
27,W8
3]550
28,101
26,.3
2,238
3,021
30,11]
31,025
4),188
3e
1
9
1
B 10
1
183
1 0
3,350
1 1
3417
38'.
3,555
3,626
3,.9
3,773
3,010
2915
4,001
4D"
1,1.
%118
T°a
-
- 2213{
31,)01
82838
116,410
138'.01
M.
326,63)
id/,116
320,455
351,x10
.,A.
5
395,215
/W,1W
411,213
3
41805
141 1
1 0 3
1
MAID
]4
48,426
I3k3"
266111
451,263
/63'93
/12365
.1,802
SALES TAX
%OCCUPIED 10096
100% 100%
lOd%
10096
100%
100%
10036
100%
100%
100%
10096
100%
100%
100%
100%
10096
100%
100%
100%
100%
-
-
-
10096
-
100%
-
tOdM
-
ciyM pMna 1RflA83e' - 98,134 14&102 352300 431,215 50,130 ]11328 816927 919526 1,151,810 1,272,452 M..- IAt7,M 1,4 ,2W 1,4]6119 1,501,.2 1,5313]6 1,5.,471 1$.,)81 1,62,]16 1961,291 1,891516 1,]2M.
--c-, 6.683:76! - - 7BA. 117,612 2W 342,"1 101,316 56],2)0 61,]4] ]30,Yx4 917,0'" 1,010A93 1,103,916 1,125,991 1,140514 1,1]1A84 1.191,911 1118,012 1,213,189 1168,052 1193A1t 319,282 1,315,.] 1.372581
TannDaaayHolpinl 6A8AC6 - - 67.665 101.528 212,198 295,611 "9,021 188,691 SW,038 630.363 -..1 8]2,301 952,951 972110 991,451 1,0111. 1,031505 1.52,135 1,0]3,1)8 1.91,W2 1.118531 1,130,.5 1,161912 1,181,8)5
TDD 2650,436 - 41144 .,3. 158,318 193,233 226118 320,089 366015 412,451 517A. 5],201 622918 635.3]6 618,001 .1,016 6]1,26] fiBt,]52 ]0150] ]1553] ]19268 711,"5 )59,331 171,520
TRND 612,40 - 5,910 8,910 21155 16,913 30.630 42,915 1,148 55,320 .ATS ]8,553 BJ,6W .,303 8]109 Be,]49 90521 92331 91,181 267 9],986 99,916 101,945 103..3
Tafel - - 517,0x1 1,OW,622 2AM,672 8'0%8] 8'512,Mf 4,920.931 0.4906 e,.H.,e61 8'0%191 .,.61,.61 ,emw 9,66,927 fg0KM7 10,M5,603 1g47g916 Ioo,J36 10,699,910 11,111,618 11,331,055 11580.731 11,191,961 12,48.)90
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
27 t
l:cuncratc Vevejuptr?ct)t
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS & COST -BENEFIT ANALYSIS
CakrMYan 0 0 0 1 1 9 0 5 6 ] a 9 10 11 11 13 11 15 16 17 18 19 20 11
TOTAL TAX REVENUE
:015 x018 1017 x01, 2019 2- x021 1022 2026 2024 1- 1028 2077 :0x8 20x9 MO 2031 1031 1033 NN 2035 2101 2037 3W6
REAL PROPEP
Te»90k Value
- - 28,]00,000
4,050,000
102,225.000 124,212500 167150000
206,375000 235.987.500 265600,000 333,500,000 387,450,000 01,/00,00 409,126,000 412,816,680 425868,89/ 436,488,289 403,120,034 452,041,595
01,08247 470,364,026 4)9,710,157 489,300,360
499,090,447
CiyMtreperirc
9iTf1;740
95,410
143,115
310.002
111,59E
409,181
fi0,011
)01511
882.958
1,108,601
1.221,541
1,331,110
1361.40
1300320
1,416,001
1,111,408
1,1]3.29]
1502,]63
1532310
1,563.4)4
1.591,)41
1,626,639
1559,171
24.40.80]
Tanta Caury
1- COuyH p9l
TCC
lebl
- - 85.410
143,113
340,002
H4,593
489,161
/M"l
169,514
662,958
1,f06,6U
1,221,512
1,34.410
1,361,096
1,316,320
fA16,M7
1.444.40
1.423,297
1,502,70
1,532,816
1,563,119
1,691,]0
1,12/,639
1,859,121
PERSORALP ERTY
r..Ne Value
- - 1,0000
11500000
4000000
5.000000
6,000,000
8.500,000
9,75000
11,000,000
13,825,000
15,312.500
18,750000
17,085000
12,425100
11,775234
18,130,239
ICA93,353
18,863,221
19,240.485
19.625295
20,012,801
20,418,151
20,826,520
Tama C.-gHaspia,l
TCCEmma
SALES TAX
T078N0 VNue
SUMMARY
Cirya1(iepMrc
e,i5740
- - 0.110
149,115
340,002
114,593
409,184
685071
784,514
MM
1,10&684
1,221547
1,334A10
1,361.490
1,300.320
1,616A07
1,444,100
1A)3.29]
1,502,763
1,532,818
1,563A)4
1,59/,744
1,626,639
1,659,171
216O,8D'2
Tertam COuayfbspibl
TCC
TRM
TOM,
- - 95410
113,116
344002
41469)
M41M
615011
784,5M
162961
1,105184
f,2N,M7
1,135410
1601.08/
16/1.40
1.41507
1AMA06
fA15287
113470
1,02,116
f,663A14
169570
1,82/,899
1,659.171
SUMMARY
Citl9l cnpaNrc
101,336
1111
4,99)
19,290
18522
19,916
25252
92.413
36568
16126
50,905
55584
5519)
51.433
59,0132
602]1
61,4)9
62)09
83563
65.212
66.51)
6)A)e
69.235
865.220
Tann Caudy
0.402361
)0.408
11].612
280566
342,441
404,315
58].2]0
816.71]
]30,224
911.410
1,010,40
1,103.416
1,125.991
1.148.514
1,171AM
1,194,911
1,218,812
1,243,189
1,288.02
1,291114
1,319,282
1.34586)
1.372501
19,02,981
Tartan COun Ii_'al
6.47.408
- 87,685
1.,$
242.181
295.411
MAU
009,fi91
50.420
M,363
791.M7
0723N
952,951
972,010
WI'4"
1,011,260
1,031$05
1.452,135
1,0)11]8
1,091512
1,116,531
1,138,05
1.161.612
1,104,875
17,101,111
Mc
45028/
44,244
0,30
158310
191233
225118
320.499
366,075
412.01
517,40
570,201
622,910
6353)6
-AM
01,00
6)1,26]
881,752
)01,50]
715,537
70,81/
744,115
)59.394
))1520
11,2e0RM
TRWC
814,30
5.910
0,910
21,255
2530.9
30,630
42,975
19,110
W.
0.475
76.553
01630
0,103
0).409
05)19
0,521
92331
01,181
0,00
9],90
99,916
101,915
103,90
1,01.401
_ . -. _ mss^-.•----. .._..�..� .. ._
Amended Project and Financing Plan, TIRZ #1 DAVID PS'rTIT
28 Ecunormx Vevefdpawnt
Financial Feasibility Analysis
UL
RGL PRDPekTY I
PtRfOfNL P-.— I
aM81
20 YEAR - COMWRCIAL : INPUT & OUTPUT
0.6% s WMI
► INPUT
I s SOa661
+ f
l.mMcennry
Barn s tals6,teo
INFLATION RATE
1
3,
rmM CeunN llOrylbl
f1AN s tO,TM,att
DISCOUNT
+ s aeawa
f
cc
T,sN s T,ew,Tra
REAL PROPEMYTA%
d Ar om w n
O.aazuem
PARTdPAT10N
taox
oaazu
tou r ws,eu
nnemceun
e.x•a0000
Bx
o.a000000
88.3% s 63,M0,6a2
r•mloconn e1
a2zranoo
ou
o.
800.0% .. 100.0#
Tcc
o.t
ots
o.aaoaaoo
TRwD
a.
ox
o.
on •wneromle nk Iso
t.am1
ax
o.
3.ata00tW
o.aa
PERSONALPROPERTTTA%
d
PARTICIPATNON
elOn vine
T.n.lrtcen
O.ia2
o.3Mooaoo
0%
ax
0.
B.aa000ao
raRlmeen
Tcc
atuno{o
els
o.
TRWD
o.ox000000
ats
o.
On ulna/Craik Ille ISD
i.YlOt
2a1E101W
0%
SALES TA%RAtE
0.0100000
0.00%
0.
Ru1DblreN
T I
her
1P
f13F TA%VALUE 516E
TA%VALUE f/aF TA%VALDE
Mulekmll PMv One
301
1>B4OOp {
100 f M,600,000 s 5. f
00
Multlkmll PbM TWO
660,OOp S
t{o f >T,000,000 f 8.00 f
3,T6o,000
MUMYemI
180,000 f
130 f 28.900,OOo f 6.00 t
1,30]000
MulYkml
3030
]00,000 f
130 Y ]]000,000 ! 6,00 f
1,600,OW
-AL
Lae6,aao
s 2al.aro.aa0 s
>.ers.aae s
OUTPUT
0- IMMTAXM@lllE
I
-AL IRnL
VRePMtry •mnnnu, •a.snery
.....
rtr emislrI
UL
RGL PRDPekTY I
PtRfOfNL P-.— I
aM81
:Ay OronpeWn•
0.6% s WMI
Is I
I s SOa661
+ f
l.mMcennry
Barn s tals6,teo
— S Bz,oa,aee
f B{B,rrz
+ f
rmM CeunN llOrylbl
f1AN s tO,TM,att
s 1aElgAOf
+ s aeawa
f
cc
T,sN s T,ew,Tra
s 1,»s,u>
+ s 380,oM
s
R1vD
tou r ws,eu
s n2,f2e
t a+,x36
s
ingWmiCBlleyvllle lOD
88.3% s 63,M0,6a2
s W,321,f03
i 2,2aB4OD0
s
800.0% .. 100.0#
t f0,aea63a
Bal%
s i,086,SE3
1311
f
O.P.
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
29 Ecanrl>rtrt Gevc,aGr; renr
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS & COST -BENEFIT ANALYSIS
Celaldv Year 0 0 0 1 2 3 4 5 6 7 8 9 10 11 /2 /3 14 15 16 17 1B 19 20 21
REAL PROPERTY
16x966 V6N9
- - - 33,150,000
49#70.000
137,400,000 17265V,060 205,300,000
2124%,000
218,715,310
/11,049,810 219,470,619
229,980,031 234,579,632 239,271,22!
2M,056,609 248,937,182
193,916,538
1%,894,868
154,174,166 184438,281 27/,847,416
280,346,313
285,851,282
PV
GR058
Clryelda08Nne
- - - 110538
185,004
458,])1
MAX
'!08320
120#46
]14552
;84543
]]9,830
]95,/31
641,319
8PAN
81/,1.
061.00
8]01220
885,709
923,]00
930,91/
950,611
16,184199
160x72 Cooly
&114;86.
- - - 8),784
111,8]0
382,]30
158124
4N.-
549,912
8
.3571
%3,5]1
5%,212
601,111
619,290
831,810
644,310
65],196
87836
69]..21
114,310
]25,59)
140,109
]51,911
1200,388
Tabu CouryN9apllal
/#14199-
- - - 15,118
113,681
313,130
293,926
47/,109
.4,910
114,204
03
193688
503,185
513611
53/684
515,292
538198
5752.
590,212
6OZO46
fi11,68]
838,008
651,671
14785,848
TCC
2#847/2
- - - 44533
]4,299
204,885
234,SX
340,305
318511
322,811
329,298
335681
342.00
342,01
3/9..51
358,442
383,511
3MA42
110643
3)0,259
185,825
393,511
01,412
4NA40
409,4/0
11],629
425,982
87%6!T
TRWD
3e7,6Bq:'
- - - 6650
9,915
21#80
31,5]0
11,680
42,18)
41,141
11.210
15,094
45,846
IB,B18
47,851
/1,811
49.]88
54783
511199
52635
511192
51,069
56,009
57,190
812678
Gra m/Co b88D
690AOE
- 438,933
658#00
1,813,111
2,281.]93
2149,188
2604,;61
2614859
2,9186]6
2,916#38
3#35,988
3,096#80
3,158619
3,224,]92
3,286.228
3,351,952
3A18,991
1181,371
3,55],119
3...,281
3,100,828
3,774,143
80 1}02
T01N
- - 788,207
;163#11
411462
3#8412/
4616#35
4816,701
4014506
4114776
4216,%1
4320,372
4124779
4536,316
0.80,021
4164942
5,674f20
4991,603
6,111,435
6,2AW
e,358,337
49B5Aa
46142/4
% OCCUPIED
0% 0% 184% 400%
100%
100%
100%
100%
XD%
100%
10096
28496
100%
100%
10038
100%
200%
100%
100%
100%
100%
100%
10096
400%
PERSONAL PROPERTY
ie 4M.
- - - 1.187,500
1,781,250
0.104000
6,02,000
7,825,000
7,981,500
4141,130
8,303,953
4474032
8.09,132
1,112221
6,08,40
9,168,235
9,351,%9
9,538631
8,729,404
9,923,992
10,122,472
10,324,921
101531142
101742618
PV
GR055
CIyNGrapeNre
i
- - - 3,918
5.942
18,950
21.161
20,013
N,SJ/
21,081
21,608
28,1%
28,721
28,295
29,881
30#79
31680
11,710
32,30
32081
33,851
34,324
35,011
35,111
%8689
T rtCou,ry
181704
- - - 3.135
4,]03
11464
17,061
20.6%
21,071
21,193
21.922
22361
22808
23,284
23,730
24,444
24,688
25,182
25,888
28180
MM
2],258
21,803
28,358
01.112
I-. nd CBvryHospiral
196#85:
- - - 2,106
4059
11,623
1111
1;,833
10,190
18,553
10.9N
19,303
16A89
20,083
2401
2A94
21,312
21,]38
22,1;1
22.016
23,068
23,630
11.01
24,181
186680
TCC
184117
- - - 1.)09
2,&91
7591
9,821
11,851
11,880
12,136
12,3]0
12,618
12,870
13.128
13,390
11650
13,931
11,210
14A84
11,19/
15,019
15,301
15,889
16602
264,826
TRWD
11,626
- - 2.
356
10020
1,293
1.505
1,586
1.628
1,681
1,691
1,720
1,]62
1,7.
1A34
1AX
1,908
1,946
1,985
2024
2,065
2,108
2111
74.228
G, AWCpk k 5D
50 4
- - - 15,818
23,514
67,325
85A11
103,298
105,364
107.471
104620
111,813
114,049
116430
118,557
121030
121450
125,919
120A%
131.0]
133,627
136129
139,025
141.808
2 %080
Tobi
- - - 27,472
41,208
117,M
/0,54
/61#24
184M
164377
18;141
184816
1848%
2AT,802
207,90
1120%
21430
22'667
224081
224%2
234114
234e67
2O,6X
214601
% OCCDP ED
0% 0% 400% 100%
10o%
100%
100%
18496
10096
100%
100%
100%
184%
100%
100%
100%
100%
100%
1.%
100%
100%
100%
t00%
10096
SALES TAX
T.-VN,s
- _
PV
ORO®
SUMMARY
PV
GRO55
Cly0162060726
111#84
174.12
/]3,]26
596,105
]18#81
132,853
]/7,501
163#61
]1],710
;93,264
809,129
825.312
141,010
158655
8]5#20
893.314
911.211
929A.
94.624
966,985
988321
14116.788
Taoar4CpilPj
6AWAB4
- - - 94915
138,3]3
316,200
413.315
5]45]0
%1.981
591821
605,493
61],003
82,955
642564
855A06
868,514
681.604
05,522
70402
723,621
138#93
752A55
767,912
]13,270
12A8&180
I-.'CauryH9spllal
6A91A/4
- - - )6A62
11;,723
324.)53
408810
4.,-
502,393
512441
522,690
531114
513,.07
581,683
565.1)6
517,002
508834
604106
612A15
624,863
.."SS
644899
682697
676,155
10,188,398
TCC
2.986;816
- - 51,302
]6,952
212212
267,122
321M1
MA01
3/4,080
331889
341668
30.501
155.4]1
382%1
]69#32
31],229
304,]79
392469
408319
408,325
416./91
424,821
431110
411,984
1.84723
TR9A
#02.083
- - 819.
10.331
28.500
35A.
43,225
44.9]1
15,.1
0,781
4111.
48818
19,652
501845
51,858
52.691
53.145
54.020
55,918
5],031
58.1]5
54339
MA0$
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
30 Econofax Vewfoproenr
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS & COST -BENEFIT ANALYSIS
TOTAL TAX REVENUE
- - -
- + o • x 9 f0 11 12 13 14 15 16 11
16 19 20 21
N)16 2016
2017 1018 X119 2010
2011 2012 2023 201( 3036 IOT6 X11} 1028 1629 1644 367/ 2- 1033 203(
PARTICIPATION
}036 IO3B 203) 2038
REAL PROPERTY Tem6b V6/�.e - -
33,256000 49,875,60 137,400,[00
1);866000 206306000 212,4K6 216,715,320 221.049.626 723,4}0,619 229.980,031 234,579,632 239,271,225
PV
244,0%649 24,937782 253,916,538 256.994,868 266,174,)66
289,456,261 276,647,426 1863443)5 285,951,262
rya apeNre 6142.0% - -
Tartan Col4p _
- 1 65,004 156,)}1
- �- 1
5]4,821 6921)0 ]06,320 }20,446 134155 ]49,552 164,641 >T9,831 795131 611,339 821,586 644,118 861,000 8]8,210
GRD65
885,184 913,)00 931,9]4 956614 1G166A99
PV
TCC
PERSORALPROPER7
Clyo'G P..
T-C."
Te°ad Cary HOepltal
TCC
Gre9aNmlC r-50
TdM
SALES W
T°bl
SUMMARY
CIryol Gape -
-M
Tartan Carp Hb fy l
TCC
TRWD
.__--__,__. _,-,... ...•.,., •..o.+.,. •avw° •,s4,ere •ea x4 ]81,64 "9,834 1%131 811,338 817,566 844118 4f,= 878,220 8%784 913,700 931,974 966614
Tambo Val�n - - - 1,187,500 1,781,230 6106000 8,42,100 7,828,000 7,981,500 8,141,130 8,303,953 8176032 8,639,432 8,812,221 8,%8,463 9,168,235 9,351,899 9,338,831 8,729,404 9,923,992 10,122,472 10,324,921 10,531,420 10,74204
Tmebb V.I.
= NET BENEFIT
116536 165801 456,171 574,621 M. 706,320 720146 )34055 749,552 764,543 )]9934 ]95.431 811,339 827566 844,118 861,000 8]6220 895,]64 913]00 931,04 -,614
ORM
SUMMARY
PV
Ciryd Qapevlre244=
Tena"Cevp
Ta Celery Hesplal
6807184
4881.674
- - 3,94fl
- - %,915
- - 18182
51922
136,3]3
117,723
16,%4
316,200
321,353
2101
4]3,385
46819
26,013
5]0,5]0
492,542
26,534
581,%1
21,64
5%,621
2),606
605,43
26158
61],603
28,]21
820.955
29,295
642,554
29861
655,405
30,439
666.514
31,088
881,864
31,110
695,522
32,344
309,132
32,981
723,621
33.651
]38,93
34,324
}52855
]5,011
]61,912
7.';:;;.'
OPOS 698,888
12,496,160
TCC
2,886,914
-
- 51,3D2
]6,852
212282
28],122
321.981
502,393
328,401
512,41
5228%
533,144
513,80]
554803
565,776
51),92
598.83/
600108
612116
621,%3
63].156
649899
882.891
8)6155
10,7%,998
TRWD
102,083
-
- - B,B86
I%=
28.500
35863
43,225
44190
334.%9
4,9]1
311,688
34,501
355.471
382.581
389832
3}7,229
384.714
392.49
400319
408,325
416,491
/21821
433,319
141,%4
]860,773
(in mJCa b6D
26,639A81
-
- 451.609
681.911
1881119
1381101
I--
I. -"I
/5831
I6.]BB
41,721
. ..
468]6
_____
19,652
__ _
50,615
51,656
52,681
53,]15
M.-
55,916
5]131
561]5
59,339
648803
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
31 Econarrrx DemoI3fY w)(
Financial Feasibility Analysis
20 HOTEL: INPUT & OUTPUT
P. INPUT
Idscouxr aArE
�
s.posl
PEAL PNOPEriTT TAX
PAN11dPATION
d erore ev I
0.
100% 0.
Temn<ceu
O.
0% 0.
hmnt Cou Ne Iml
s -
p14 0.
TCC
0.10n
0% Q
TAWp
0.03
0% 0.
Or. ulna/Collo Ile IDD
1.0301
O% 0.
S
3.01000000
O.ff
PM.ML PAOPPATTTAA
f
PA—PATION
d et Or. evine
0
07f 0.
Tarnm Coun
f
0% p.
mnl Cou He Nal
0.
O% 0.
rcc
TnwD
o.fao
a
o% o.
ore v /cone naso
f.f3a
o% o.
zal
o.
soros T.a Nen
a
om% o.
OUTPUT
rQTL AXRFNBAIE.
TAL L..
pert
p
d a evlm
Mix s SO,Opl,nr s
1aae;f46
f
i Iaalalfz
r.m a
f.v% s fI /OO.ero s
n10f S00
s -
s
reoarACeun Ne
8Ti4 s qOn- f
f,bn�9S1
S
S
afx s xn,eat - S
0.10aen1
f
S
INWD
O.r% S Win f
BM,tn
f
f
n WneIC011e Ille 19D
10.9% f id1 f
6a6>J,3a1
f
f
100.0% f
8r 001 n0
f
f 003
rO0.0N
MI%
0.054
19.611
f00.P1 OIIOf 0.0% tae%
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
32 EC000mrt Dew opmeof
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS & COST -BENEFIT ANALYSIS
Cebr�r Yea 0 0 0 1 2 3 4 5 8 7 B 9 10 11 12 13 14 15 16 17 18 19 20 21
TOTAL TAX REVS
REALPROPERTY
%OCCUPIED
T..e V.-
3016 2016
0% 0%
_
201]
100%
2016
10396
33,712,500
2018
100%
50,588,750
MO
100%
8],737.500
2021
100%
125,987,500 170.50.3,125
2022
100%
194,706,250
ton 20M 2026 20M
100% 100% 10096 100%
200.862,500 208,959,750 213,138,945
ton 2026
100% 100%
217401,724 221,}49,758
.21 2030 =1
100% 100% 100%
22,K,- 23070&441 236322,618
2032 2033 2034 2005 206 :0.]7 2035
100% 10096 fro% 10036 l00% 100% 10036
240,028070 2482801 249,726244 254,720,]69 259,815185 265,011,488 270,311,718
199%
PV
lag%
fro%
100%
10096
19996
lav%
10096
1006
- 6811,500
5718,]0
1668),500
22,562500
31,0]8,125
38,531,20
31,562,500
36313,]50
3800,025
38.1,626
46656858
41,472,05
42301,4]6
C83afGM PeN1R
T6a6HCa Y
Ta66MCaa4yfbsp8el
TCC
TRW9
Gra mIC '1660
T^�
-
6530,055
1,0/;156
2,525,910
Of.TiO'
-
-
-
-
- -
- -
-
-
-
-
112,613
89,001
)BAM
50,222
6,]43
400.
171,907
1.=
133,501
115,20
]5,]32
10,114
03,650
1j.9"60
291,874
231,621
199,951
130,]0)
17518
11156223
;028,716
/18,632
332,607
287,122
18],881
MASS
1,03,161
2,911,602
588,819
150.128
30,572
253,989
34,10
2,250,812
9,911,430
64),280
511,05
443,730
290,651
W.,
25)0,31]
1,6M,346
681,013
540,83]
1666)5
30,161
489]3
2,701,390
/,798,30
691.664
01,fi.
416213
311.28}
41,792
2.7}8,6]8
(691,051
1055)
562,68]
10,137
3/7,513
42,628
2,813.&)
4,00,769
722,726
5}3.941
4SSA52
323,663
43480
2,869.920
5,02"856,1MA12
]31.10
585,119
505,361
330,311
14,350
2,92)5193,905,685
)61,928
597,1.
515,168
33%.7
45,237
S.M2,ST!
]0.90
609,6]0
525,716
313,888
46,142
3,045582
SM7,2M
]82,300
821,252
536293
350,560
4),05
A.A.3
6443,60
)91,950
633,8))
517,09
.15)1
48,006
3.10,621
6552,.7
813,909
616350
55),959
364,]23
48,966
3,231,996
5'063,900
630,18)
859,211
589.118
3]2,01)
16915
3,296,636
6m182
816]91
673,163
580$0
3]9,658
50,844
3,382569
5,592,726
883,)27
68.6,912
592,111
30,01
51,963
3,129,620
6,016650
881,002
60,630
03,953
394,788
53.ro2
3,60,11]
6130,782
80,622
}13,623
616,032
4. 1;
54,062
3,560,385
6,263,405
GR s
13,982,315
11,10,609
9}85,521
8,265,661
841,198
55 M 1
PERSORALPROPERTY
%OCCUFED
TexebleV Il
06 096
100%
-
100%
100%
100%
100%
-
100%
100%
100%
10036
10096
100%
10036
100%
100%
100%
100%
100%
10%
100%
10096
100%
100%
962,]6)
PV
.ROBS
99/,268
SUMMARY
ciryol bapowre
-
PV
-
Ilyal(ct'm
TerzeHC4eeny
22,2&4,502 -
4.650,085
GItO55
.210
60,124
00,682
1,10,381
1,35],005
1,132,.3
1,60,639
1,680,15)
1519,981
150,30
150,36)
1,812,99/
1,815,254
1,6)8,159
1.)11,"3
1,)45,05]
1,)ro,9]5
1.816 4W
1,02,62/
GLASS
1,689,60 29,30,8}7
TareHCeOnylbspl6l
4Atm,t31
0,601
- - 76A30
133502
115,2/5
231,62)
10,951
332,60)
28],122
10,128
514,625
910,631
551.01
58.0]
5)3,.1
50,619
591,128
60,670
621,252
633,.11
.6.30
09,2"
8]2,183
fiB5,912
699,fi0
713,623 11.10,608
TCC
2.823,940 -
- 0,222
75,332
135703
18),01
304]2
253,999
//3,130
29604
10,675
416,213
485,737
TartaHCoay
TertaMCnuryHoep�ul
TCC
TRWO
SALE6 TAX
%OCCUPIED
Tesede Velue
0% 0% l00% lro%
10816
100%
l00%
lag%
lro%
10096
100%
100%
100%
109%
199%
19836
lag%
fro%
100%
10096
19996
lav%
10096
1006
- 6811,500
5718,]0
1668),500
22,562500
31,0]8,125
38,531,20
31,562,500
36313,]50
3800,025
38.1,626
46656858
41,472,05
42301,4]6
43,147,505
44,010.455
44,893,665
0.5,]0,4]8
46].,24]
4],638,332
4601,099
48562,921
PV
-
-
- 110,20
1]4,3]6
313,]50
461,230
621,663
7f6625
781,20
766.276
.1,601
.7,233
613,1]2
SM,.1
.600
662,956
68420
697,613
916"0
9.,.6
962,]6)
811,822
.ROBS
99/,268
SUMMARY
PV
Ilyal(ct'm
TerzeHC4eeny
22,2&4,502 -
4.650,085
- 228,323
.210
60,124
00,682
1,10,381
1,35],005
1,132,.3
1,60,639
1,680,15)
1519,981
150,30
150,36)
1,812,99/
1,815,254
1,6)8,159
1.)11,"3
1,)45,05]
1,)ro,9]5
1.816 4W
1,02,62/
GLASS
1,689,60 29,30,8}7
TareHCeOnylbspl6l
4Atm,t31
0,601
- - 76A30
133502
115,2/5
231,62)
10,951
332,60)
28],122
10,128
514,625
910,631
551.01
58.0]
5)3,.1
50,619
591,128
60,670
621,252
633,.11
.6.30
09,2"
8]2,183
fiB5,912
699,fi0
713,623 11.10,608
TCC
2.823,940 -
- 0,222
75,332
135703
18),01
304]2
253,999
//3,130
29604
10,675
416,213
485,737
495,452
50,381
515,40
5267)8
538,293
.>,019
55),959
501119
50,501
592,111
03,953
618A32 8,585521
TRWD
35.278
- 61/3
10,114
175 49
25
3/,101
36911
3011.
40.9]32.5]0.31]
311,287
11,192
317,513
12,6.
323,963
336341
336,.7
313,06
35040
35),5]1
3.,723
3)2,01]
379A58
30],61]
391,]0
40.03 6266.1
198 wnele b60
M,OBP
.5,09
07558
1,10223
,10
1,653,161
2.2 0' 12
23.390
1]6
/3,680
n 11, 30
15,23]
16,142
/],065
/8,06
4590
d9,&5
50,. 1
51, 90
53,00
51,062 .1,10
Amended Project and Financing Plan, TIRZ#1 DAVID PIETTIT
i
33 Econorra. Devooprrleof
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS & COST -BENEFIT ANALYSIS
TOTAL TAX REVENUE
PARTICIPATION
2015 206 2017 2013
2019
20M 2021 -2 20X1 IOM
2026 2026 2027 20M 2029 2030
20.31 2032 2033 20M 2006 2038 2037 2038
REAL PROPERTY Texede Value
33,712,500
50568,]50
8].)32,500 125,987.500 IM,503,125 19410/250 204662,500
208,859,)50 213,138,945 21),401,]24 221,)49,)58 226,184.76 230,708,449
235,322,618 240,029,070 244829.851 249,726,244 2541MM9 259,815,155 285,011,488 2)0,311,]18
PV
112,073
168,110
291.6)4 419,832 566619 547280 681,043
691,fiW ]08,55] )22.)20 >37,1e3 ]51,926 ]68,965-
GR055
]82,301 197,950 813909 830,18] 848,191 563,12) 581.002 095622 16,982,61!
TB -C.-,
Tertant9urly
iertan CwnLy Hosplu
TCC
_
- -
_ _
_
TRVID
Gla 'mlCoea to 6D
PERSfLVAL PROPERTY I Texede Vel
PV GR06G
Tartan Conry _ _ _ _
Tartan County HoSPital - - _ _ _
SALE9TAX Texede Value 5.112600 9,718750 15,881,500 22562.500 31,0]8,125 1,,531,250 31562.500 31313,7.50 39,080.025 39.861.826 40856,858 41,472,035 42,301,4]6 43,141505 44,010,455 46.690,665 45,]88,4]6 46,10424] 41831332 45,591,099 49,562,921
PV
GR056
SUMMARY
PV
GRD55
Ci1y01GrapeNre - - 112,0]3 1fi8,110 291,6)0 110,932 556919 641,290 681,043 694,fi66 )06,55) 122120 )3],193 )51,926 ]66,965 182,304 )9),950 913,909 930 18) 806,)91 863,)2] 881,002 590622 10,98R,]4S
Tartan Courry - _
Tartan Coley H90PItl1
TCC
SUMMARY
PV
Ciryd pepeNre 111250 1]1,3)5 313.)50 151,250 621,563 110,825 )51,250 ]66,2]5 7.91,601 ]9],233 813,11] 829,41 810,030 962,950 090209 091,13 915,)]0 934485 952.)67. 971922 991,250 0 163]9,182
Taeantouny 80001 133502 231,627 33260] 450128 511,025 540,3' 551,651 %ZM7 5)3,911 585,419 59],128 609,0]0 621,252 633,6)) 616,350 659,21] 6]2,83 685,912 699,630 713,623 11,103,09
Tartan C-tlH ,., 1Ff8, - - 76A30 115,245 199,951 287,122 3885]2 443,)30 468,075 4]6,213 / ,13] 495,452 SD5,381 515A86 525,))9 536,293 54)419 55].959 569,119 580,501 592111 603953 616,032 9.!85,321
TCC >i179,�16 50122 15,332 130,7.13 16),891 253,999 290051 305,181 311,28) 31),513 323,863 330,311 336.9{) 343,688 350560 257,571 364,723 312,011 379,58 387,04] 391,788 40:883 9265,381
TRWD 351,"27„ 6,113 10,114 1:548 25,180 311101 30,911 40,973 11,]92 4:626 13,100 44,350 45,237 16,112 17.065 48,006 46,966 49,945 50914 51,963 53,02 54.082 841198
leg
Amended Project and Financing Plan, TIRZ #1 DAVID P£TTIT
34 EC1JrwrrK.0CVftoproent
Financial Feasibility Analysis
20 YEAR - INDUSTRIAL: INPUT & OUTPUT
► INPUT
fINPLATION RATE
1005
TOTAL
REAL PROPERTY
SALES
P136ONALPROPEWY
BALEM,.
DISCOUNT RATE
144%
8.
26.08166
Is
24081,67
+ f ,278
998
S
TartaM County
114%
REAL PROPERTY TAX
15.892.987
PARTICIPATION
19,108,110
city of da vine
0.39243900
100%
0.3324390
Ta"MCeu
0,261000
0%
0.0000000
Tarrant Co -y HzpIWI
0.22169700
0%
0.0000000
TCC
0.11897000
0%
0.00MM
TRWD
0.0200600
0%
0.0000000
Ore Wne/Colle Ile ISD
1.320100
0%
0.0000000
f 80,116
131MM(I
Om,mATWCO11,yWle ISD
0.1321390
E
99,622,376
f
%,66/,288
PERSONAL PROPERTY TAX
+ f
PARTICIPATION
fOn07
CI of Ora ewne _
0.33213900
0%
0.00()000
TanaM Cou
0.281066
OX
0,0000000
Tanant Co.W.1
0.22789700
0%
0.0000000
TCC
0.14897000
0%
0.0000000
TRWO
o.o1fMI0o0()
0%
0.000006
Ora Wne/Colla 'Ile ISD
1.3201
0%
0.0000000
2.313/086
0.0000000
Salea Tax Rale
0.0200000
0.00%
0.0000000
OfRce
TOTAL 600,000 26,000,000 12,600,000
OUTPUT
TOTAL TAX -
TOTAL
TOTAL
REAL PROPERTY
SALES
P136ONALPROPEWY
BALEM,.
Cityoi Ore Am
144%
E
26.08166
Is
24081,67
+ f ,278
998
S
TartaM County
114%
f
15.892.987
f
19,108,110
S 793,868
f
TanaM Cour0y HoepHal
9.9%
f
17.181,161
S
iB,d98,126
Is 88ROJ8
E
TCC
6.4%
f
11.330.863
f
f0,7St,0&1
f 441,76
E
TRWO
a8%
f
1,607,86
f
1.417,883
f 80,116
f
Om,mATWCO11,yWle ISD
67.1%
E
99,622,376
f
%,66/,288
IF 3,WB.BE
+ f
fOn07
f
167,A63,876
Is 8,963,887
It
TOTAL PARTICIPATION
TOTAL
REAL PROP
PERB0NAL PRDP92tY
SALES
CNy of OrapeWne
100.0%
f 24,06,67
L M63,67
E
+ j
Tarrant County
0.0%
f
f
S
j
TartaMCoMtYH.*bl
a0%
f
E
f
+ IF
TCC
0.0%
S
f
S
It
TRWD
o,0%
L
f
sE
Is
OrepeWr�elColleywlle ISO
0.0%
i
L
L
IF
100.0%
•1100.%
f 246367
E
f
NET 0969 -IT
F TOTAL I
REAL Pi8lPf391'Y I
PERSONAL PROP99TV IfAL�
CNyof Orapevine
0.7%
f988,270
f
S 999,276
L
TertaM County
132%
f 19,902,987
S 19,109,410
S 793,68
f
TamMCouMy Hospibl
1f^
IF 17,181,161
f 18,496,128
S 886,036
f
TCG
7.5%
j 11,230,68
- f 101793.8/
E !17,]89
f
TRWD
LIM
S 1.607,61
f 1,4471689
S 80,116
Is
OrapeWnelC011eyWlle ISO
66.2%
S 99.622.376
- f 96,661,288
f 3,68,088
f
10a0X
1
f 143380,689
f 8969,86)
S
100.0%
964%
46%
OA%
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
W35 fcOnomic 4e4127Uptnew
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS & COST -BENEFIT ANALYSIS
Cakrt4�Yer 0 0 0 1 2 3 4 5 1 ) 6 5 16 11 12 13 11 15 16 17 18 19 20 21
SUMMARY
Clgd pa
Tanart C -q
Tanen C.0 y_pw
TCC
TR
31,1. 4079 93199 IM..2 121,885 127,156 1431101 132,295 134,041 134.640 140.393 143,200 146.481. 148.986 1SIMS 155,005 158,10.5 101,267 I.AS2 167,282
21,]50 37,125 74MI 96625 90,000 100900 10300 1.,060 10),161 11,14 111,490 113.243 115,901 110,314 120,880 123.031 125,556 IMM$ 130,626 133,,1
21,365 32,010 61,098 74,779 85,161 61,111 69814 WA92 M,SM 9,356 06243 96168 IN, 32 102,134 104,114 IN IN 1.,3. 110$53 112,]61 115,020
13,9. 20919 41,990 18.491 55,661 5&,991 50,121 50,,3 601189 81,670 82,012 8,1. 89,153 66,162 60,.8 80.410 70A19 )2,288 )3,)11 75,185
1A)5 2'.13 51625 9563 7S0 7,50 7.403 7,959 B,t18 8281 9436 6,615 8,707 8183 9,112 S.I. 0$12 9.702 9,898 10,081
M1 Now= 10'. NOMWEAmended Project and Financing Plan, TIRZ #1 DAVID PETTIT
36 fconomee Dewtopmew
2015 2016 2017 2018 2019
2020
5021
MIS
MM
20M
2055
2026
2027
M24
2029
2030
MI
3.S
2033
MM
2035
2036
203]
2038
%OCCU%9D
100% 10096 100% 100% 100%
10036
100%
100%100%10096I-
100%
100%
100%
100%
IONS
100%
IN%
100%
100%1
-
100%
10036
REAL PROPERTY
7_x Valve
- - - - 6,250,000
9375,000
13750000
21,814000
25,000,000
25500000
26,010,000
26,530,200
2700,804
27,602,020
26,19,060
28,717,142
29,291.416
29,177,3M
30,474,860
31,04,358
31,706,045
32,340166
32,MS.169
39,-,43
Pv
GRO55
Ciryd GrepeWna
- 20,)1)
11.166
62532
72,121
83.110
&,112
..Ml
.M.
91,780
93,595
.AB]
99,324
101.3$0
101.33)
105,409
10]$11
109,182
111,855
1,]99,108
Tenart Courty
Tenert Ceuxy lbspibl
614,181
198,143
- - 16,500
- - 11,243
J.
J.
21,385
48,500
42,731
49450
19.152
S.R.S6A
81,320
5017
68,866
59,240
7<9.A.
A.
)1,441
",.I
SI.S71
)2,889
62.901
7.32]
81,162
7SA13
85,748
77,3.
)1,330
66,)61
)0.9)6
00,451
69.451
82..3
10,810
03,]01
)2,25]
95,3]8
)3,1021,180,161
0],008
BBA3>
1,311,893
TCC
943'..
- - - 9.311
13.906
2],932
32$81
3SAM
37,98]
38.141
38$22
40.412
41,119
11,911
02,741
.43,838
44S.
11,508
15,391
16,306
47,232
.40A.
49.111
0,12.
SO,-
171,868
1 -
T
49,610
- - 1,550
1'.15
3.750
1.315
5,000
5.100
5,202
5,306
5,132
S.S.
5,831
5,713
5.075
6,085
8,21)
6,311
A.
659]
8,729
101.448
G" 'roCeh Ile 150
P
82506
123158
431 f9
2811)2
330055
338"2.
343 58
350225
351,230
364,374
371462
379..5
BA77
380,877
391.410
102,299
110,345
419551
420,923
135161
114.170
B
TeW
- - - - 143,661
510.185
�')Y
6061061
918333
318,919
643,111
613,16t
626.443
630.3,
651,318
6M,3N
671,631
691,143
105001
719,101
139,190
1Y,169
)6$143
710.316
%OCCUPIED
100% 100% 10096 100% 100%
100%
100%
100%
10096
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
10016
t.%
PERSONALPROPMR
Tue6k VN69
- 3,125;000
,681,500
9,375,000
10,937,1.
12,500000
12,750,000
13,005,000
13,265,)00
13,530402
/3,M1.0f0
14,677,043
14,351,571
1/,8/6,]42
1,931,15]
/5,231,.443
15,342,17!
15,1.3022
18,170,083
16,193,485
16.823.3.
Clgd peNne
PV
- - 10.389
15"83
31.1%
36.381
41$55
1M.
43,234
44M8
14,980
45"80
46.799
47.1.
18,..
49662
50.655
51,fifiB
52.70E
5375.
54,831
GRO95
55.927
888,062
TanertCovly
287,986.
- - - 0250
12.375
21,150
28.4]5
33,000
33"60
34.333
.'120
35,720
36.435
37.163
3],90)
30,865
39138
40.227
41,031
41,852
42,689
41M3
14.411
889.416
smart CeertyMoepib
UAW
- - - 7,122
10.683
21.385
24.926
2.118]
29.05)
29"30
30,231
30,835
31,452
32,081
32,723
33,3])
34.015
34,126
....
n".
36,151
VS.
3..340
696,028
TLG
TRWD
112;196
2t.TM`
_ 4,955
- - - - 825
6,983
93.
13,968
'...
16,294
2,109
10,621
25.
1.,991
2$50
19,371
2,801
1B1i1
2,853
20,156
11.
20$59
2,100
MATT
5,815
71,3M
2072
21,818
219.
22,25/
2.988
22,.99
3.01)
23153
3,10.
23,. 16
3,171
2/.009
1.234
20,570
32.
25,082
3,365
38.,985
221
8z-
G alim_IC 46D
11253
11_2,11
61"10
123.159
104 AB
185 3
1.8,313
1)1,819
175,113
1]8"IS
182117
185 1
189,511
193,338
19].20.5
201109
205112
209,243
213,161
211.130
2220&5
3 893
Taml
- 8
fO6,Nf
,0.182
26.1,028
439,116
28,943
300,166
306,$7
313,.3
319, 2T!
326,669
332,112
336.413
3$;593
36364
360.694
360.745
311,043
3.1'61
319192
%CCCUPiEO
100% 100% 100% 100% 100%
100%
100%
100%
100%
10096
100%
10096
100%
10096
100%
100%
10096
100%
100%
100%
100%
100%
10096
SALES TAX
TexafBe Value
PV
SUMMARY
Clgd pa
Tanart C -q
Tanen C.0 y_pw
TCC
TR
31,1. 4079 93199 IM..2 121,885 127,156 1431101 132,295 134,041 134.640 140.393 143,200 146.481. 148.986 1SIMS 155,005 158,10.5 101,267 I.AS2 167,282
21,]50 37,125 74MI 96625 90,000 100900 10300 1.,060 10),161 11,14 111,490 113.243 115,901 110,314 120,880 123.031 125,556 IMM$ 130,626 133,,1
21,365 32,010 61,098 74,779 85,161 61,111 69814 WA92 M,SM 9,356 06243 96168 IN, 32 102,134 104,114 IN IN 1.,3. 110$53 112,]61 115,020
13,9. 20919 41,990 18.491 55,661 5&,991 50,121 50,,3 601189 81,670 82,012 8,1. 89,153 66,162 60,.8 80.410 70A19 )2,288 )3,)11 75,185
1A)5 2'.13 51625 9563 7S0 7,50 7.403 7,959 B,t18 8281 9436 6,615 8,707 8183 9,112 S.I. 0$12 9.702 9,898 10,081
M1 Now= 10'. NOMWEAmended Project and Financing Plan, TIRZ #1 DAVID PETTIT
36 fconomee Dewtopmew
Financial Feasibility Analysis
TAX REVENUE PROJECTIONS & COST -BENEFIT ANALYSIS
CakNarY 0 0 0 1 2 3 4 5 6 T B 9 10 11 12 13 14 15 18 f) 18 19 20 21
XH6 .16 2.1 201, 2.1 1020 2.1 2022 W23 20. 2025 W. 20. 2028 2029 2030 2031 2N2 2033 1N4 2035 20]6 2037 2N1
REAL PROPERTY
Taxable Velua - -
- - 6,250,0.
9,375,000
18,)50,000
21,875,000
25.O.,WO
25500,000
26,010,0.
255.,2.
27,.0,804
27,6N.020
28,15400
28,)1),142
29,291,485
29,87/,314
30,474,860
31084,358
31,206,045
32,345165
32,986,969
33,646,708
PV
GROSS
Ciryo2Gapevine
- -
- 20,7))
31,166
82,32
)2,)21
03,110
84,112
B6A6>
80.197
09,981
91,7W
93595
95A67
9),3]6
99,324
101,310
103,337
1.,03
1011511
1.,682
1111855
1,7361.
TeRAMGevy Hospiml
TCC
_
_
_
Ga NnwCob b60
Tebl
- -
20,277
31,166
62,332
71,721
N,1f0
.,772
61,467
88,197
",.1
81,760
",695
95A6T
97,378
99,3.
1M,810
-'m
1.,.3
107,611
iM,66i
'11,'66
PERSOMALPROPERTY
Ta he Value
- - -
- 3,1150.
4,687,500
9,375,000
10,07,500
12,300,0.
11,750,000
13,W5,00
13,.51W
13,00,02
13,001.010
14,077,030
14,358,571
14,60.5,742
14,930,657
15,237,430
15,542,179
15,859,022
f6,170,083
16,4",85
16,823,354
Ci1ylf-p Oro
PV
GRp55
TaaeMCourty
TertartCals4y Hospiml
MCe 'b 6D
_
_
_
_
SA STAX
Tex Value
PV
GR055
TeW
_
-
BUMMARY
PVG-1Ciryof
Gapa.Sre
- - -
- 20,777
31,166
62,332
72,721
83,110
047 )2
86,461
89,11
89,961
91,7.
93595
95,461
9),3)6
1,14
101,310
103,331
105,03
107,511
100662
111,055
1.736,1.
TaeaMCam6y Hospiml
TCC
_
_
_
Ge 'mtob 'b 6D
31,1'8
62,332
71,721
",110
'4,772
65461
88,-
8""1
91,760
93,5"
95A'7
97,37'
9"3.
iM,310
103,337
f05AN
-,5f1
iN,6'1
111,53
TOTAL TAX REVENUE - PARTICIPATION
= NET BENEFIT
SUMMARY
CiryMGepe,4,e
PV
- - - -
- 10,389
t5$"
31,168
36,361
/1$5542,M
43.231
41,090
64,9.
15,080
46,)!9
47.133
4.,-
19.652
SO,fi55
51,668
52,]02
53,756
54.831
55,921
6888,.2
TmmaMCowBy
M2.a9/ - - -
- .,7W
37,125
71.250
....
99.0
1..980
1030.
1050.
10],161
1.,30/
111,190
113,720
115,99/
118,314
120,6W
125b56
128,6)
130,628
133241
1,0w"
Taeart Cam81H9spiml
'N,.A2. - - -
21,365
32,018
61.096
]4,)79
05.461
8),171
88.916
90,892
92$06
94,3.
96,213
98,160
1.,132
102,134
10!,1)2
106123,094
.2.
1.11.
110,553
112,]66
115,020
1,'10 =
TCC
408,'4 -
13.966
20949
41,.0
48,881
SS,B64
56.901
.,121
59.283
60.A.
61,8)8
62.912
64,1)0
65,53
66,762
68,098
M.
70,0/9
72,266
73,111
)5,185
1.100,%1
TRuVp
1,875
2.813
S,6T5
6,563
'A.
)bW
7,003
7.959
8,110
8,201
0,116
0.615
B,]e]
8,963
9,142
9,325
9512
9,7.
9.896
10,091
168,6'20
G "ne1Ca Ta MD
123.159
18.5,639
3)12)8
133.158
495,030
501,938
515,03)
525,338
535,045
6,561
557.493
SN.-
5.015
591.616
W3A48
615.517
627,927
610.384
.3,1.
fi66,255
ION
Teml
- - -
- 19',104
391,151
6'',313
6'6,365
7.Af8
a.".
,16,1.
132A30
.8,078
D'6,.0
0",382
9M,049
919,M0
9.Al2
9.,,-
975,325
994,"1
1,M4,).
1,.5,022
1,055,723
Amended Project and Financing Plan, TIRZ#1 DAVID PETTIT
37 Ecunorri ec Devdopar2eof
Terms and Conditions
Amended Project and Financing Plan, TIRZ #1
38
Projects Cost Estimates:
All project costs listed in the project plan shall be considered
estimates and shall not be considered a cap on expenditures.
Length of TIRZ #1 in Years:
The TIRZ was originally created with a 30 -year term and was
scheduled to terminate on December 31, 2016. Upon amendment,
the TIRZ term was extended for an additional 21 years and is now
scheduled to terminate on December 31, 2038.
Powers and Duties of Board of Directors:
The Board shall have all powers granted to it by Chapter 311 of the
Texas Tax Code, including powers of a municipality under Chapter
380, Local Government Code. The Board shall not be authorized to:
issue bonds;
impose taxes or fees;
exercise the power of eminent domain; or
give final approval to the Zone's project and financing plan.
DAVID P£TTIT
fioriarrrc t3evc1upnaeraC
APPENDIX A - CURRENT PROPERTY OWNERSHIP
Account Owner Coun Exemption SOFT Improvement
N PValue Land Value Ag exemption Total Value
7681798
HUNT BUILDING CORP
41484460
BREI HAN FAMILY TRUST A&B
41657292
GRAPEVINE CROSSING HOLDINGS LL
41484487
GRAPEVINE CROSSING HOLDINGS LL
41707656
GRAPEVINE CROSSING HOLDINGS LL
41707664
GRAPEVINE CROSSING HOLDINGS LL
41484509
ENCORE RETAIL DEVELOPMENTCO
41525973
CHESAPEAKE LAND DEV CO LLC
41589696
CHESAPEAKE LAND DEV CO LLC
41480627
LAKE FAMILYTRUST
41480635
LCG GRAPEVINE II LP
41480643
GRAPEVINE PAVILION INVESTMENT
41480651
GRAPEVINE PAVILION INVESTMENT
41480678
LCG GRAPEVINE II LP
41480686
LCG GRAPEVINE LI LP
40361691
GRAPEVINE DEVELOPMENT III LP
41186532
1,578,356 $
1603795
GRAPEVINE CITYOF
41709209
RDSL PROPERTIES MANAGEMENT LLC
41653009
GRAPEVINE EQUITY PARTNERS LLC
40647749
SPEEDWAY GRAPEVINE I LLC
07390319
SPEEDWAY GRAPEVINE I LLC
4463455
GRAPEVINE EQUITY PARTNERS LLC
04463498
CARTER GRAPEVINE PARTNERS ETAL
4463501
GRAPEVINE EQUITY PARTNERS LLC
4471652
GRAPEVINECITYOF
4471687
NG20 LP
4471709
GRAPEVIN E CITY OF
6015530
GRAPEVINECITYOF
41480988
NG 20 LP
41558413
GRAPEVINECITYOF
4488741
GRAPEVINE CITY OF
4488768
GRAPEVINECITYOF
7074581
GRAPEVINECITYOF
07126441
GRAPEVINE CITY OF
41287460
COUCH GEORGE W III
41679210
BILLINGSLEY PIN OAK PRTNS LTD
41527275
CHESAPEAKE LAND DEV CO LLC
41691040
CHESAPEAKE LAND DEV CO LLC
6144403
GRAPEVINE CITYOF
41712013
BCD TURNPIKE DIST CTR M LLC
03999963
GRAPEVINE CITY OF
3999971
GRAPEVINECITYOF
4502450
GRAPEVINE CITYOF
4000013
GRAPEVINECITYOF
4515528
CARTER GRAPEVINE PARTNERS ETAL
65169141010010000
City ofGrapevine
65177243010140100
City ofGrapevine
65177243010130100
MORSE MARY KATHLEEN DTR
65165528010050000
MORSE MARY KATHLEEN DTR
Tarrant
100,624 $
- $
60,374 $
$
Tarrant
14,580 $
- $
174,960 $
- $
Tarrant
20,473 $
- $
140,445 $
- $
Tarrant
33,187 $
- $
227,663 $
227,580 $
Tarrant
147,649 $
- $
822,953 $
- $
Tarrant
224,803 $
1,578,356 $
43,882 $
- $
Tarrant
76,808 $
- $
1,497,756 $
- $
Tarrant
20,000 $
- $
1,400 $
- $
Tarrant
112,000 $
- $
7,840 $
- $
Tarrant
88,202 $
890,370 $
1,759,630 $
- $
Tarrant
191,129 $
3,849,799 $
2,150,201 $
- $
Tarrant
52,514 $
1,095,368 $
787,710 $
- $
Tarrant
59,644 $
1,275,I24 $
894,660 $
- $
Tarrant
231,039 $
81,923 $
2,425,910 $
- $
Tarrant
55,919 $
- $
615,109 $
- $
Tarrant
185,869 $
2,220,974 $
2,091,026 $
- $
Tarrant
$
$
Tarrant
Ex.
185,729 $
2,872,141 $
650,052 $
- $
Tarrant
31,872 $
176,920 $
478,080 $
. $
Tarrant
780,151 $
- $
4,613,340 $
- $
Tarrant
48,916 $
630,192 $
684,824 $
- $
Tarrant
25,116 $
34,069 $
351,624 $
$
Tarrant
627,970 $
- $
627,970 $
- $
Tarrant
736,600 $
- $
368,300 $
- $
Tarrant
516,360 $
- $
1,015,822 $
- $
Tarrant
Ex.
442,631 $
- $
818,867 $
- $
Tarrant
54,102 $
42,298 $
54,102 $
- $
Tarrant
Ex.
12,763 $
- $
124,439 $
$
Tarrant
Ex.
22,651 $
- $
22,651 $
- $
Tarrant
871,200 $
871,200 $
- $
- $
Tarrant
Ex.
19,863 $
- $
193,664 $
- $
Tarrant
Ex.
37,301 $
- $
363,685 $
- $
Tarrant
Ex.
854,345 $
- $
8,329,864 $
- $
Tarrant
Ex.
421,269 $
- $
4,107,373 $
- $
Tarrant
Ex.
362,950 $
- $
3,538,763 $
- $
Tarrant
10,541 $
- $
25,001 $
24,975 $
Tarrant
37,009 $
- $
288,667 $
288,596 $
Tarrant
30,536 $
- $
2,138 $
- $
Tarrant
120,661 $
- $
1,085,949 $
_ $
Tarrant
Ex.
307,050 $
- $
2,993,738 $
- $
Tarrant
16,117 $
- $
125,714 $
125,674 $
Tarrant
Ex.
12,197 $
9,038 $
85,379 $
- $
Tarrant
Ex.
5,227 $
3,873 $
36,589 $
- $
Tarrant
Ex.
24,176 $
36,000 $
120,880 $
- $
Tarrant
Ex.
7,841 $
5,810 $
54,887 $
- $
Tarrant
126,324 $
- $
63,162 $
- $
Dallas
Ex.
1,144,234 $
- $
2,574,530 $
- $
Dallas
Ex.
30,884 $
- $
7,090 $
- $
Dallas
71,395 $
- $
14,280 $
14,149 $
Dallas
117,612 $
- $
5,400 $
5,184 $
Amended Project and Financing Plan, TIRZ #1
39
60,374
174,960
140,445
83
822,953
1,622,238
1,497,756
1,400
7,840
2,650,000
6,000,000
1,883,078
2,169,784
2,507,833
615,109
4,312,000
655,000
4,613,340
1,315,016
385,693
627,970
368,300
1,015,822
96,400
871,200
26
71
2,138
1,085,949
40
63,162
131
216
rDDAVID PETTIT
EtU✓<?UrnrC L?k4e!0,[.Yrtenr
--z
APPENDIX A - CURRENT PROPERTY OWNERSHIP
Account
Owner
County
Exemption SCIFT
Improvement
Value
Land Value Ag exemption
Total Value
65171553010030000
CROW BILLINGSLEY AIRPORT
Dallas
94,983
$ -
$ 569,900 $ -
$ 569,900
90043000OA01AODGO
GRAPEVINE CROSSING HOLDINGS LLC
Dallas
95,135
$ -
$ 570,810 $ 570,636
$ 174
90043000OA02AODOO
BREIHAN FAMILYTRUST
Dallas
22,913
$ 774,960
$ 137,480 $ -
$ 912,440
90043000OA03AOOOO
GRAPEVINE CROSSING HOLDINGS LLC
Dallas
1,655
$ -
$ 9,930 $ 9,926
$ 4
65031743010020000
City of Grapevine
Dallas
Ex. 1,118,577
$ -
$ 256,790 $ -
$ -
65061421010010000
City of Grapevine
Dallas
Ex. 3,799,085
$ -
$ 13,310,580 $ -
$ -
7708823
GRAPEVINE MILLS LTD PRTNSHP
Tarrant
144,794
$ 3,641,421.00
$ 868,764.00 $
$ 4,510,185.00
7708831
GRAPEVINE MILLS LTD PRTNSHP
Tarrant
149,063
$ 6,625,622.00
$ 894,378.00 $ -
$ 7,520,000.00
7708866
GRAPEVINE MILLS LTD PRTNSHP
Tarrant
28,794
$ -
$ 172,764.00 $ -
$ 172,764.00
41307097
GRAPEVINE MILLS LTD PRTNSHP
Tarrant
5,423,176
$ 170,257,995.00
$32,539,056.00 $ -
$202,797,051.00
7066945
NATIONALRETAIL PROPERTIES INC
Tarrant
110,599
$ 1,346,511.00
$ 1,658,985.00 $ -
$ 3,005,496.00
7066953
LOGAN GRAPEVINE ASSOCIATES LP
Tarrant
184,172
$ 567,420.00
$ 2,762,580.00 $ -
$ 3,330,000.00
7161662
GRAPEVINE-LIANG 2655 LLC
Tarrant
77,872
$ 816,920.00
$ 11168,080.00 $ -
$ 1,985,000.00
7224958
VISION F LLC
Tarrant
85,135
$ 822,975.00
$ 1,277,025.00 $ -
$ 2,100,000.00
7902875
NATIONAL RETAIL PROPERTIES INC
Tarrant
88,601
$ 770,985.00
$ 1,329,015.00 $ -
$ 2,100,000.00
7902867
PTT EMPIRE INVESTMENTS CORP
Tarrant
125,191
$ 3,223,870.00
$ 1,877,865.00 $ -
$ 5,101,735.00
7384920
CIK GRAPEVINE PROPERTIES LLC
Tarrant
104,239
$ 886,415.00
$ 1,563,585.00 $
$ 2,450,000.00
7067003
HALLE PROPERTIES LLC
Tarrant
37,331
$ 254,082.00
$ 559,965.00 $ -
$ 814,047.00
7067011
TIOS LLC
Tarrant
23,610
$ 595,850.00
$ 354,150.00 $ -
$ 950,000.00
7224974
ARC CAFEUSA001 LLC
Tarrant
53,676
$ 781,906.00
$ 805,140.00 $ -
$ 1,587,046.00
4OM2174
ESTRELLA ENTERPRISES
Tarrant
47,984
$ 447,932.00
$ 899,700.00 $ -
$ 1,347,632.00
7067046
CHICK-FIL-A INC
Tarrant
53,753
$ 267,131.00
$ 1,007,869.00 $ -
$ 1,275,000.00
7384831
BUERGE,JOHN R
Tarrant
38,898
$ 766,530.00
$ 583,470.00 $ -
$ 1,350,000.00
7384904
CNLAPF PARTNERS LP
Tarrant
62,467
$ 1,000.00
$ 937,005.00 $ -
$ 938,005.00
7384912
STEAK N SHAKE INC
Tarrant
$4,791
$ 68;081.00
$ 1,027,331.00 $ -
$ 1,095,412.00
7227132
MOODY NATIONAL HP GRAPEVINE TR
Tarrant
108,488
$ 6,998,144.00
$ 1,301,856.00 $ -
$ 8,300,000.00
40459691
W2005/FARGO HOTELS REALTY LP
Tarrant
117,495
$ 6,890,060:00
$ 1,409,940.00 $ -
$ 8,300,000.00
40459705
GRAPEVINE MILLS RESIDUAL LP
Tarrant
101,364
$ -
$ 1,013,600.00 $ -
$ 1,013,600.00
7384637
GRAPEVINE LODGING PARTNERS LP
Tarrant
101,243
$ 5,683,841.00
$ 1,316,159.00 $ -
$ 700,000.00
40982319
SHAFT POUR, NASSER ETUX ETAL
Tarrant
64,774
$ -
$ 48,581.00 $ -
$ 48,581.00
Amended Project and Financing Plan, TIRZ #1 DAVID PETTIT
40 I» £coriorrut aerropttvrr