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Industrial Prototype - Estimated Property Tax Revenues at Stabilized Occupancy <br />Estimated Total Assessed <br />Real Estate Sale Assumptions <br />Value <br />Total Improved Value* <br />$72,188,313 <br />Property Transfer Tax Revenue Assumptions <br />Total Improved Value <br />$72,188,313 <br />Property Transfer Tax ($0.275 per $500) <br />$40,000 <br />Annual Property Transfer Tax (5% of total) <br />$4,000 <br />Property Tax Revenue Allocation Assumptions <br />Total Improved Value <br />$72,188,313 <br />1% Property Tax Allocation <br />$722,000 <br />% of Property Tax Distributed to City of Santa Ana General Fund** <br />19.40% <br />Net Increase in Property Tax Revenue <br />$140,000 <br />% of City of Santa Ana in Lieu of Vehicle License Fee (VLF) <br />0.0% <br />Net Increase of In Lieu of VLF to the City of Santa Ana <br />$0 <br />Total Estimated Annual Property Tax Allocation to the City of Santa <br />Ana <br />$140,000 <br />Annual Combined Property Transfer Tax and Property Tax Allocation <br />to the City of Santa Ana <br />$144,000 <br />*Discounted 5%to accountfor Assessed versus Market Value <br />**Tax Rate Area 11-019 <br />Source: Orange County Tax Assessor, Costar, BLS, California DOF, AECOM <br />75C-664 <br />