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. ' �� ; h � BPG +� O I <br /> EXHIBIT A <br /> DEVELOPMENT PROJECT <br /> A. GENERAL NARRATIVE DESCRIPTION OF DEVELOPMENT PROJECT: <br /> Rehabilitation of existing structure to include the addition of four (4) residential dwelling units and <br /> first floor commercial space. <br /> (1) Construction(includingRenovation,Repair& <br /> Remodeling) <br /> a. Estimated costs $ 1,400,000 <br /> b. Estimated Eligible <br /> RedevelopmentProject Costs $ 175,000 <br /> c. Attach site plans or elevations <br /> (2) AnticipatedIncrementalReal Estate Taxes <br /> a. Real Estate Taxes (annual) $ 23,142 <br /> b. City Sales Taxes(annual) $ _p_ <br /> c. State Sales TaYes (annual) $ _p_ <br /> (3) Jobs Created or Retained(full-time <br /> equivalents) <br /> Construction: 8 <br /> Operational: 3 <br /> B. TIMETABLE /MILESTONES <br /> Commence Construction March 1, 2006 <br /> Complete Construction <br /> Facade Renovations December3l, 2006 <br />