Appendix IV - elTRID Private Development Summary - Fromer Reizenstein School Redevelopment Project Use Square Footage or Rooms Acres Phasing Total Private Development (1) Estimated Assessed Value Mixed-Use Bldg 1: Year 3 18,000,000 13,125,000 Retail 30,000 Office 90,000 Mixed-Use Bldg 2: Year 4 18,000,000 13,125,000 Retail 30,000 Office 90,000 Mixed-Use Bldg 3: Year 5 18,000,000 13,125,000 Retail 30,000 Office 90,000 Stand Alone Commercial 10,000 Year 4 1,700,000 2,100,000 Single Family Detached 20 Year 7 5,000,000 7,000,000 Single Family Attached 70 Year 8 13,545,000 14,000,000 Infrastructure - Yr 1 & 2 8,000,000 Land - 12.91 Year 4 5,400,000 4,195,750 Year 8 4,195,750 TOTAL 370,000 12.91 $87,645,000 $70,866,500 90 (1) Includes value <strong>of</strong> building construction. Parcel - Owner Base Assessed Value Base Taxes Acres 84-M-130 B <strong>of</strong> Edu 22,920,500.0 - 12.91
Appendix IV - elTRID Real Property Tax Increments - Fromer Reizenstein School Redevelopment Project Year Estimated Assessed Value <strong>of</strong> Land & Develompent (2) Projected Real Estate Taxes Base Real Estate Taxes (1) Projected Tax Increments <strong>Pittsburgh</strong> <strong>Pittsburgh</strong> Public <strong>Pittsburgh</strong> <strong>City</strong> <strong>of</strong> Public School Allegheny <strong>City</strong> <strong>of</strong> School Allegheny <strong>City</strong> <strong>of</strong> Public School Allegheny <strong>Pittsburgh</strong> District County Total <strong>Pittsburgh</strong> District County Total <strong>Pittsburgh</strong> District County Total Millage==> 10.8 13.92 4.69 29.41 1 - - - - - - - - - - - - - 2 - - - - - - - - - - - - - 3 13,125,000 141,750 182,700 61,556 386,006 - - - - 141,750 182,700 61,556 386,006 4 32,545,750 351,494 453,037 152,640 957,171 - - - - 351,494 453,037 152,640 957,171 5 45,670,750 493,244 635,737 214,196 1,343,177 - - - - 493,244 635,737 214,196 1,343,177 6 45,670,750 493,244 635,737 214,196 1,343,177 - - - - 493,244 635,737 214,196 1,343,177 7 52,670,750 568,844 733,177 247,026 1,549,047 - - - - 568,844 733,177 247,026 1,549,047 8 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 9 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 10 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 11 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 12 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 13 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 14 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 15 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 16 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 17 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 18 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 19 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 20 70,866,500 765,358 986,462 332,364 2,084,184 - - - - 765,358 986,462 332,364 2,084,184 (2) 21 24,195,750 261,314 336,805 113,478 711,597 - - - - 261,314 336,805 113,478 711,597 22 24,195,750 261,314 336,805 113,478 711,597 - - - - 261,314 336,805 113,478 711,597 23 24,195,750 261,314 336,805 113,478 711,597 - - - - 261,314 336,805 113,478 711,597 24 24,195,750 261,314 336,805 113,478 711,597 - - - - 261,314 336,805 113,478 711,597 25 24,195,750 261,314 336,805 113,478 711,597 - - - - 261,314 336,805 113,478 711,597 13,304,804 17,148,413 5,777,734 36,230,951 13,304,804 17,148,413 5,777,734 36,230,951 37% 47% 16% 100% (1) Portions <strong>of</strong> development site currently tax exempt due to PAAC ownership. (2) TRID for Phase I expires in Year 20.