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EX�IT A <br /> DEVELOPMENT PROJECT <br /> A. GENERAL NARRATIVE DESCRIPTION OF DEVELOPMENT PROJECT: <br /> Restore/rehabilitate existing building to four(4)apartment units and first floor <br /> commercial space. <br /> Public Improvements/Infrastructure: <br /> (1) Construction(including Renovation,Repair& <br /> Remodeling) <br /> a. Estimated costs $400,000. <br /> b. Estimated Eligible <br /> Redevelopment Project Costs $ 82,500. <br /> . c. Attach site plans or elevations <br /> (2) Anticipated Incremental Real Estate Taxes <br /> a. Real Estate Taxes(annual) $ 10,619. <br /> b. City Sales Taxes(annual) $ -0- <br /> c. State Sales Taxes(annual) $ -0- <br /> (3) Jobs Created or Retained(full-time <br /> equivalents) <br /> Construction: 22 <br /> Operational: 20 <br /> 11 <br />