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B. TIMETABLE <br /> Commence Construction November,2002 <br /> Complete Construction September,2003 <br /> Opening September,2003 <br /> C. OWNER/DEVELOPER-MUNICIPALITY SHARES OF TIF PROCEEDS <br /> Owner/ <br /> Developer* Municipality <br /> (a) Real Estate 50% 50% <br /> (b) City Sales Tax % % <br /> (c) State Sales Tax % % <br /> * Subject to sufficiency of Estimated Redevelopment Project Costs. <br /> ELIGIBLE REDEVELOPMENT PROJECT COSTS ALLOCATED AMOUNTS($) <br /> Land Acquisition $ <br /> Site Preparation <br /> Demolition <br /> Planning and Engineering $10,000. <br /> Other Professional Fees <br /> Street Improvements <br /> Streetscape Improvements <br /> Utilities <br /> Lighting . <br /> Construction Interest <br /> Rehabilitation Renovation/Remodeling-Limited to exterior facade and $72,500. <br /> roof rehabilitation only <br /> TOTAL: $ 82,500. <br /> 12 <br />