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Book : 3758 Page : 1�1 <br /> EXHIBIT A <br /> DEVELOPMENT PROJECT <br /> A. GENERAL NARRATIVE DESCRIPTION OF DEVELOPMENT PROJECT: <br /> Public Improvements/Infrastructure: <br /> Developer will develop and construct, at its expense, public infrastructure as required to <br /> develop the Premises with an estimated finished construction value of 9.3 million dollars. <br /> The project will include the construction of a new structure for commercial and retail use <br /> with a minimum of approximately 67,200 square feet. <br /> (1) Construction (including Renovation, Repair& <br /> Remodeling) <br /> a. Estimated costs $12,�20,000 <br /> b. Estimated Eligible <br /> Redevelopment Project Costs $ 4,500,000 <br /> c. Maximum Reimbursable Costs $ 3,800,000 <br /> d. Attach site plans or elevations <br /> (2) Anticipated Incremental Real Estate Taxes <br /> a. Real Estate Taxes(annual) $335,421 <br /> b. City/State Sales Taxes (annual) $13l,000 <br /> (3) Jobs Created ar Retained(full-time <br /> equivalents) <br /> Construction: 20 <br /> Operational: 18 <br /> RDLLC 20060926 vl 23 <br />