The URL can be used to link to this page

Home My WebLink AboutFY 1998 Annual Report Calcuations*%nance Department MEMORANDUM TO: Tom Hart, City Manager FROM: Loretta S. Getchell, Director of Finance DATE: December 16, 1998 RE: TIF District Year -End Report I have prepared the year-end Tax Increment Financing District report for your signature. I have attached a copy of my calculation and assumptions. Please note that two issues remain unresolved. Per my letter dated January 28, 1998; I requested an opinion from the city attorney regarding the value of the airport property and the method of correcting our base. have not received a response on this matter. Therefore, for purposes of this year end calculation, I have used a base of zero for the airport property and the 1994 value for all other property. This should not impact the year end report as the 1998 value is substantially less than the base. However, if development does occur in this area, we will need to settle this issue in order to properly distribute the tax revenue. cc: Joe Hennig David Witcher O 0 * � e '►1 (D (D � fD tit N 7, ( D N Ci �31p co W ▪ COD =sum CO CD CO N mater OO CA 0 000 D W -r 0 4:41-'"61]: O W 'F_ � (O • COW (O CSD 6.) (h _• N (�D (7). (n a O (D -h ms 'D N B O OC) O c 'O C 7 = 4 rt N • N0 (D v,ma mma,..� a c O6 O CD a a (Dorno M' iv 13-1 O CD CD N p. cc) cc) r. X 0 CD< ( CD -p a sv O iD =m • O N -" 0 (co a) O (D < -p d c -p CD (D N CD (D fl) N (Q CD M. 74: 0 co D N E4 41,0 D v m C7 N—, 0) 0D D 1.4 o X f N 0 P1 z> 3 o co W O O-PO O CDOOOOO)CD CO COOCOO 01 CO OJO O P N O OD O �I O) 03 (O O W co $2,300,794 $2,607,349 $1,839,860 $1,839,823 0 0 O O O O 0 0 $2,300,794 $2,607,349 $1,839,860 mOOoOOoON "i` -Ij- ONNO)�I �cOOoorn�woi CO CO N �I iAfA69{-fi W W W W N N N o W N OD GD W 4ft-eo tom COO v W O)) 0) J (OO . O Oo O) Oo O OD O N W O O A CO W Oo -+ CO O wW Wf3WW W Nw—(h-) W N -A w N O W O -.I OD O CO Q) Ci0 -) --1 W OONOO W b9 b9 b9 {3 N-1031‘) O �I CO CO O CO O) W cO O N O W O -10000 W N N -t W N W -4CO -4 Oo O (O O W (O O -& ONO W Oo 00000 WNL W O O N O O n � O ›T=113 co (1) CD n c) n 0 0) O -1 W X m▪ E CD 0 MBO 93=.‹ W• 11-41 O N C (D C) (D .Q n • � N MO m▪ a • / O w 1 N 0 3 !114013 DWm ZWD-- 01330 a N (-(10 1 3333 1 DZm1 Z MA 33x133 DD 0 e•3D-• 001 201 01 <0N Do -.0 r> i r1 1 mm I 00<W P 01011-10 Wr•-10) W < •-• — 1 0- W a 0) 0) A (0 -101.- 100 01 WNW> DWm ZWD-' 013301 33 N DW01 3333 1 O2m1 Z MA 0)x113 OD 1 D3D 1 001 201 01 <ON >1-10 r D i r1 , mm 1 (0<W A WW►•0 Wr1-14 (3<1-101 1 0- 0) •-•4t 0) 014 A VW W 010 W '3.13 OOm z x- 10330 OWN 03x- 1 01 3331011 1011. MODD 0011 1 mi x 1 01 • I 0) 0 1 1 , V 0) - 0 W 0 V 0) - 0 00 N WNWD DWm ZOD- 0133(11 33 DWO 33331 Ozmi Z MA 33x 0D >3> OW ZW 0 <0 D r w r►+ m- (0< A 0O 011 w 0) 0) A 01 0 00 WNW> DWm ZWD- 01330 N 70 1 DWO 33731 OZnI Z m-' mxW 0D D3> OW ZW 0 <0 D.-. r> r1 mm (0<W 4 0 001•-•0 W (Or• -1W V W < 1-1 1 0- 01 - a -+ 0 0) A V01 A (00(0 MWNWD 33DWm mZWD— < 017301 N 1-133 N 1 030101 c3D731 WOZmi Z m- W 73X3 x03 mD3DV < OW •• ZW 0 0 <0 A Dv 0) r> 0) r1 0) mm AO)<W MA -0101•-•0 0)r•-•0) 1 63 < 1-1 1 0- -+ a A 01 A V V0 0)0 0) 0mNmD 33COC mr—r— <m mm •-•WZWN OW 01 C 03- 1 MVO 1 x10- W O1 -•D 0 x 3310 m <0) < 1 •• 01 mi 0 0) A 0 0) 1 0) 1 0) 1 AV MM WO 0 W 0) N (0 A 1 W A W 0) N 01 (0 A (0 N 0 W •mNnD 33COC mr—.r-- <m m0 •-•WZWN OW 01 c 03- 1 W10 1 x10-+ W O• -•D x 3310 m <01 < 1 •• 01 ml 0 0) A 0 0) 1 0) 1 0) 1 AV MM -0 0 W 0) ID 1 W W 01 0 (0 IO 0 W V '30114033 33DWm mzwD-- < (330 033 N 01.001 C3D731 WOZm' Z m- W 33x3 x03 0 mD3D4 < OW •• zW 0 0 <0 A Dv 0) r> 0) r1 01 mm AW<W MA -01W• -•O Wr•-•0) (3<,-• 1 0- -• a 01 0) A V0 ID (00(3 00114013 33DWm mzwD— < W7o01 x+33 02.00 C3D33 WOZmI Z m- W 33x3 XOD mD3D0 < OW •• ZW O 0 <0 A Dv 0) r> 0) r1 0) mm AW<W m4 -+WW• -•O Wr..m - (3< •-• W 1 0- -t 0) W 0) A CO -101(0 (00 01 MWN00D 33DWm m2WD— < 01330 N 1-173 N 1 03101 1 c3D33 1 WOZmu Z m-' W Zx3 0 x03 0 0D3DN < OW1 -• zo 1 01 0 <0N 4 3 1-1 0 0) r> 1 0) r1 1 0) mm I A(D<W MA -0W•-•O Wr..m - W < •-• -' W 1 0- W - a 0) 0) A CO V01 V (00 -1 01NmD 33COC mr-ter-. <m m0 •-•WZWN OW (1 c m- 1 0100 1 x10- W O• -•D x 3310 m <- < 0 1 •• m01 mi 0 0) A 0 0) 1 0) 1 0) 1 AV MM -0 0 W 0) W 1 W1 63 01 01 03 (0 0) (31 (0 f9 -ID 0 m z0x-. -1 D0 WWN 030- 1 Ox 1 33 W1 1W1 -- 2WDD 0)11 1000) 1 x 1 01 ml 0) 0 V 0) -+ 0 A 0 0) O) -+ 0) A A N 0) 01 TAD PARCEL ID ACCT NO OWNER MAILING ADDRESS PGM: APR444BP CITY OF EULESS PAGE 911 RUNDATE: 07/22/98 1998 REAL PROPERTY 1998 ROLL: 98 DWN 330 -.DO 00 14•110 OM 1333 33033 W- 0 AD33 WOm -.Dm 3x A MOM NCx 3303 pa« M 0< > D WDWN' 301330 WD- 010 D '101 -.-.0M 0333 N033 -1 0 33373 MOM Dm 4Ex W Wm 4Cx 033303 -« Dm N< 333010 0 330 03 DO -.00 0130 1400 33 02 -1- D 33 33 Di 00 DO 430 D W C 33 < m < DW-.. 330 DO -'0-. 01 NOD 331-1 070 -1- '3 33 D33 01 D A311 W< C 3303 < m < >WID 33- DW -O 01103 NO 331 OD 1- 0 33 DO 00 DO -3 03 W WO C 33 < m < DW00 330 -DO 010 N1W Om 33D 1033 m 33- 03 D33 Om Dm -33X 33 D 00'0 -1Cx 330 « m < 13010 3301330 WDO 0100 D TO -4-•00 01033 NOW 33 - m 0 01 D 0333333 WO DO -333 D m 0)(0) cm A33 W<0 -0)x D<03 CO < A W W 0 333030 0 330 03-30 0100 Nm0 00 33 1003 33- m D D33 0 D0 -373 > m 0010) 01Cx 33 <0 Mx <0 < >W01 330 -D-- 00 NTW Om 33D 1033 33- Dm Om Dm -3x > OW'3 ACx 3303 « m < >0(0 DWV 330 330 -LD-. -LD-L 010 WO NmW N'3W Om Om 33D 1333 1033 33033 A- - 0 0 0 Dm DD33 Om Nam Dm Dm -'3x 43x > m 3010 Wm WCx 4oCx 3303 334 <-< 0« m m < < 3330)0 0 330 03-30 WOO N10 00 33 1001 33- m D Dm 0 DO -'333 D m OWm -Cx 33 <0 0)T. <03 < >WO 330 -DO WOO 14110 00 33 102 33- D 33 Df 00 DO -30 D W C 33 < m < LOCATION ADDRESS PROPERTY DESCRIPTION C W m 0 00 0 00 O) 0)O • -M M m W 010 N N4 -I•-•r 032 -1'00 N C N W o m 1 (D (00 (00 00 -.W WO 0)- -m IA A OW WO 14-, •+4 0 1•-•r O3Z 1130 N C N W 0 m 1 14 140 ID- -0 -.0 (00 3)- -m ( 01 W O(0 (00 N-' -.m 0 1•-•r 03Z 10)0 N N 0 1 0 010 (ON NO -+V V0 3)- -m 1 0 0 0.4 V0 141 -+A 0 1•-•r O3Z 1330 C N W N m 0 1 (ON NO -W WO m- -m 1 01 W 0-' -'0 NA AN 0 1•-•r O3Z 10)0 C N W 14-4 -'0 m 0- - 0 1 01 00 ION NO -1J NO 3)- -0 10 (0 00 00 Nm 0)A 0 1•-•r O3Z 10)0 C N C N W m 0 m 1 0 WV VO -W WO m- -m 14 A 00 00 NO Wm 0 1►+r 032 -4130 N C N W 0 m 1 0 IOW WO -L0 00 D)- -m 1 (0 00 OW 010 NW Wm 0 1..r O3Z 100 N N 0 1 01 010 10-1 V0 -401 WO m- -m 1 01 W Om 0)0 NO 04 0 1..r O3Z 110 C N C N C W N W N W m 0 m 0 m 1 (0 (00 1 0 I0- -0 0)V V0 -0) 0)O +01 WO m- -m m- -M 1 0 0 1 01 (3 04 40 ON NO NN NA N0 01A 0 0 11-1r 1•-•r 03Z 031 10)0 1130 N C N W 0 m 1+ -•0 (00 00 -401 00 0)- -m 1-3 0-+ 10 N-+ -'m 0 1•-•r 03Z 113 0 N C N 0 0 m 1 0 WA 40 -'0) 0)O 3)- -m 1 01 63 00 00 NA Am 0 1-r 031 1130 APPRAISED VALUE TAX DISTRICTS 3 > m —< NDN • 0- VD(..3 VZN 011 A D N 0 W 3 > 13 w< WDN • 0-' 0)30 V114 01 A D N 0 W 3 > 71 03314 - 0001 A• N Wi .4 D N 0 W < VDN • 0- 03>W -4114 (0 -1 D 0 3 > V 13 < -DN • 0-' 01>0 OZN 01 A N D W 0 3 > A< CDN • 01 VD(4 14114 141 A N D W 0 00 3 3 > > v •3 433314 . - 0) 0 63 0• N 003 A • A N D N 0 CO + 3 > V WXN . • - (1)043 A• N 0)f • 4 D N 0 0 —< WDN • 0-' WDW 01214 141 D 0 3 3 3 > > > m 'O V W< -•< NDN CI) D14 . 0- . 0-• WDW WDW VZN WZN 01 141 A A A N D N D N 0 0 CO 0 0 + + 3 > V 43314 (0001 N• N mf • A D N 0 CO 3 > V -3314 0001 m• N 1403 • A D N 0 0 MAPNO SPECIAL DATA 0 0 M * 0* 0m 0)x 331 z3 3v m1 z 1* * 0 0 m * 0* 0m m 337 z3 3v m1 z -1* * 0 0 m * 0* 0m mx 337 z3 3v m1 Z -1* * 0 0 m * 0* 0 0)m 7x mm 13 3v m1 z 1* * 0 0 m * 0* 0 (x mm z3 3v m1 z 1* * DEFERRALS & EXEMPTIONS: CODE AMT TYPE 0 0 m 0) W N IO 0 W 4 00 0 W N V 0 -4 -L0 N W W A w N N W m 0 0 (.3 (0 V V W 0) (.4 w 0 W m A N 0 N 0 0 0 NET TAXABLE VALUE 1 i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 li' 1111NSD Zm3N3 zm310131-• 1<x -1N ••'• WNOI 03131 3C'.D0 000010 M 0 31-' r(mW11 31x r- Omz< «c0 - .. 310 m W N mV 1 1 w0 1 ZWO 00-4 00) 0 01 0) 0) N -. CO 03 A 0 N O'000ID mmDOD zmr <� -1<rWmN ••'•DONN 1 00x l 3c r , 00-101m m x013- rN WN 31x m'. Om 02 « 00 - .. 0 310 011 W mV .A1 -.0 01 ZW4 - 0001 NW 0 01 0) 0) N ID W N (.3 0 A 11� 003 330'•3 m01r-• -Io<rN D01 1 -4001 1 0111- 1 3131 10110-. S010-• x -1 13*< xoo 31310 Ox N Z ^O DI 1 31 1 V 11 0)014 -. 700 0 1 43 N --4 0 0 N D w DOM m DOA z rAv� -i r0'.o •• D ZV 0001 i N Om 1 3 -1<3 '. x01 1 MOD x z - ON 310 < (1 M1. 31 31 Z 00 0 f0 - D V N N 0 0 A A 0 V 03 W V 0 m 0 0003 33033 31031-• -10-10 f1i1 1 0101 1 313133 W 101-• SOS x- 13 x00 0<N Z 0 01 011 1 41 1 0) '-'O 0 31 43 N 'D V 0) 31 31 O W x-44 01\ 11cocD mCOr mr�r <m mw V t-tWZ I101 00 N1 c m- 1 0-10 x100 N 0'.D x 311 m -c < 0 ••• 31O O W 4 A N N0 0 W 0) (0 ID '"' V 4 W 11c0cD mrOC mr�r <m mW '•02(m 00 01 1 C m- 1 0-10 x100 N 0'•W x m10 m <� < 0 - 31O 0 A m 01 01-4 V0 0 (.3 01 (0 (CI 0 V 01 m C+WD r-.31 ria mNOO) N 1101 0301 1 01,31 1 -4Do x0- frW 073 m31 < m C x 0) 0 ro (.3 . A (0 0 0) m ON N V V COC COC r�r m mw (Z(m N 01 m- l 10 N x100 m-1 0< 310 T 0) 0 0 W W (0 V 1 1 N 0 01 A A W A cocD COC r�r m mW (AZV)(l N 01 1 m- 1 -10 x100 311 0•< 700 11 0) 0 0 W A (0 0) 1 0) 01 m 01 m A ID W l0 **MD D m .+(0 ZO Dl 1 1 1 mi D-• -I m (31/1 Z 0 m G 00 3101 11 (0 - W N 1071 W coc COC r�r m m(0 (2(01 N N1 1 m- 10 x10-+ 3110 -< OO 11 0) 0 0 W CO ID 0) m (.3 W 03 TAD PARCEL ID ACCT NO LOCATION ADDRESS OWNER PROPERTY DESCRIPTION MAILING ADDRESS AOR-.....1M„��. ...... ... _... --- -• -- PGM: APR444BP CITY OF EULESS PAGE 909 I RUNDATE: 07/22/98 1998 REAL PROPERTY 1998 ROLL: 98 11300-• 1130-• OWC OWC 0)(310 (0310 0-10m (41011 m 0f m� 00* W 0-0 W M (NZD 0) (NZD O OW- '.o OW- w (0 31 31 ID 3 31 <1011 <'-4011 N 311110 N 31010 3 '•0031 3 '•0031 '• Z 311 '. Z 311 _1 -1-A.0 -1 1-• 0 ONm ONm WZO WZO D ZWc D Zwc < C D < 31 XI 03 < Dm < Dm 31 SH < 31 A' < 0 0 N 31 N 000 1 1 m m 0 > 00- W C N 310 1 011 0X N ZD N- w 31 1 011 31 m0 N 031 311 -'0 N m 43 0 31 Ca > m 12u < 0 >0 -1 DO 700 -•Z 11 ODE 0 OZ - 1 CO 1 m 0 33131 x N N 00 CO W 31 x O ><> m m11 (0 <m 31 O 1343-, 31433 (0310 1211 4 OF -m 100D xV- '. 31 31 01111 31 0 WN(31 c1 -.xi < 1m 1<31 C (. DW-• 31-• 04 (000 01x0 -N- 1 31011 mw 3111 mm Cr W w w »z 201 Gv <* (T' •� DWN 31- WOW Mx ...1- m 33C. m11 311 mr C.,3r N'. Z WDm ox <0 c* m '< D0N m- 00 (o Mx - 11 1C. 31111 31m mr N� Z WDm x <0 c < m < DW-• 31-• 00 mm N N 1011 3101►' 3111 mm w -t . Cr »z x01 <0 0 c* 31 < m < DW- 31-' 0-4 00 NxO N - N 1611 3101. 3111 mm N'.'-' >1 xm G0 0 c* 31 < m < D0N 310 04 (DON ox 0f 1 m MCC mr mm m0 3N � 1- m>w xr GO C 31 < m < DW-• mW 0- WON ox Ni 1 0 MCC mr 3101 mm 3N �'. 0>m sr <0 C 31 < m 0 ON C N N o m 1-y 01 DWNNNO 30W4(00 r0) ---m '. 1 0)001 ZOOI(Om11 ON10I4-+ 101 0 1'.r Z O3Z 1 1110 ON C N N 0 m 0 D(O4WNO 30N4m0 r0) ---m w 1 V-0 Z040+11 ONW-.V-- -Am 0 1'.r Z O3Z 1 1110 N-•- C 000 N 0- - m 14040 (04040 04040 m- - - m 1 01001 0-0-11 00001-. m 1'•r 03z 1110 _ N C NO OC N-• -'0 P403030 0- - m 0- - m 10 00 1N N0 O(0- -'0 (ON 010 D-•-• -LO -.A AO r m- -010)- -m r 1 A A 14 A DON NO 04 A0 (N0 04 NO ON CO -1 1'•r '.rr x 03z 032 1110 1110 N C N C N N N N 0 01 0 01 1- -0 1 0 (00) 0)O (0 0 -.00 W0 -.4 40 m- -1110)- -m 1 01 m 1 0 0 OW WO OW W0 N-' -.A NO ON m m 03z 03Z 1110 1110 N C N C N N N N 0 01 0 m 1 0 143 WO (0-' -'0 ID-' -0 -•4 VO -0 00 m- -1110)- -m 1 43 W 10 0 0- -0 ON NO N01 WN NO 04 m m 1'•r 03z 032 140 1110 N C N N 0 m 14-N0 W4000 -0140)0 o)- - - m 'Mom 0001411 1.40IWN.- m 1'.r ODZ 1110 N C N N 0 m 1 0 ID 0 O m m 1- 00 00 NO ON N 1'•r 03Z 1110 N C N-•_. N 0-- m 10-40 Wm -400 -.4040 m- - - m 1 440) 0Wmm11 N+AV-• m 1'•r 031 1.30 APPRAISED VALUE TAX DISTRICTS x OD 011 3 NEN • m-• 03143 00W V N'' M DA 0 Dr4 0 0 W x OD 011 3 -LEN . m� W31W 0003 V A. m D4 0 Dr*. 0 0 W OD N011 313 • V0P4 AMU) NOW 0'+ DA Dr4 0 0 D 1111 N< W • >P4 la D. ZN V (0 -1 m 4 W D N 0 0 31 -.+ D N< -• AN ND0 (OZN 01-1 A D N 0 A + D 11 -.< ADN ND-. -,ZA 0-1 44 D 0 0) D 11 DN MD-. 10231 -4-1 D 0 01 D 11 WDN AD-. 0)131 431 A 0 0) D 11 01DN -•D-. AZA 01 4 0 0) OD 011 NEN A31-. VOA W'. DA_ 0r01 + D V AN OD-' NZA 01 A 0 0 OD 011 03N 033- (00A 0. DA _ 0x0) MAPNO SPECIAL DATA 0o 0 0 * 0* O <01 m x 3101 Z03 011 v* * 00 ** O* <m 0) x Z3 311 011 Z - -1* .•* * o 0 m 0* <<m m x 23 311 m1 1* * * o 0 m * 0* 0 <x Z3 311 011 --1* v* * O O m * 0* <<m 0)x mm 313 311 m 1 -Z1* -* * O 0 m 0* <m 0101 z03 Z3 m11 m-1 -Z1* ..* . * 0 m 0* 0* 0 <m 0)x 201 313 311 --II* ...* * DEFERRALS & EXEMPTIONS: CODE AMT TYPE 01 W m W 0) N A W O O N O O O O V _W N O O 0 0 NET TAXABLE VALUE 1 1 1 1 1 1 1 1 1 1 1 1 1 e 1 M M vMNmD VMNrD v0 -3D 1110--3D UW -•ID 7000C 7oCOC 3D4D 70D4D 70000 mr,1N mr-'rN mr-IN mr-xN m0 --£N <m mJ <m mJ <r013o <ro3o <10)00 ..00z0W •.(Z000 ..DW\A .DW�A ••0 rA ON 031 ON 031 ON 01 00 01 Omom1 c m- 1 C m- 1 C vx 1 c vx 1 C0<- 1 010 1 0-10 1 0-13)03 1 017070 1 N m 1 x1OW x-10-' xmm01 xmm01 10)MA 7S 701D X 7010 x -1 x 11 xxH<0 m < m <W m ON 1 m OM m r N < 0 < 0 1 < Zv I < Zv < rrw .. m0 .• v 0 1 .. D 1 .. > .. 1 m ml 7070 1 7070 0-11 o O N O 00(0 0 00(0 0 170(0 A A 0 0) m-' A m 0) 0) 0) 1 - 00 1 0) 00 1 -- 1 0) 0) 1 A 1 1 0) 1 1 00 1 V V 1 w mr I 0)111!-' I 1 <-4 <-4 0-4 1 V -1 N-4 V0) V0) W01030 -+01030 NO) 030 0 000 O 014W- 0 NNW- 0 (00 W 0) W 0) 40 0) 40 0) N (0 00 OW O) OW 0 WN 1 W W V 1 V 1 J 1 W (p 00 W (0 0 (0 0 V 01 A 0 - - 0) -' 0) N A A (0 0) 0) N 0) - 0 W W 0 N W A W 0) J V 8090L£90 WVWD m m 000N '1 MO 0004 700701 0x_0 1 1-s xNOD J..O iW <D 01 '110) J 0) 0 N 4690L£90 '1-•i> TIONWD NNW> WNW). 00> 7DWm DWm DWm 70070.- 0ZWD-' ZWD-' ZWD-- -1mDN 'AWA N 3) N 0WAN 03 11 OD001 D001 DW01 0031 1 C3D3 I 3D70 1 3D70 1 Tom 1 00101 Ozm I Ozm 1 ._DOM Z MA Z MA z mA SC XODz0 0 OD�0 ODX0 1 irZ 0D3DN DED - >3D1 x(01 < 001 001 001 RI< -• 101 101 101 0- 01 01 01 70 0) 0 <ON <ON <ON 0 0 A D 0 D 0 D•.0 1 0) r.-.1 r•• l 1 -DI N 1 0) r.. 1 r.-.1 r11 1 1 0) m 1 m- 1 m m l V AW< (0< A<N 0) 0) 01 W O 00 0 003.0 0 W 0) 1 0) 03 1 A or. -.4 Wm Wm m W<v••m 1A O A 0) -,k 0) 01 00 01 W MA A -401 (0 0 W 0 WO 0) OL 0 8 vv -ID '0N(0D 000 3DWm A x- MD-. .03D01 < 07001 OWN •.A N 0x 1 C3D7 i D m0)0 1 WOZm 1 0 .03.4 Z MA 10)D0 W 37 W 3 v 0310 MOD 0 D D 1 m-• rD3D-+ .. 70 x D < 00D r 0 0- " z01 .. m 911 01 zOr 0) O <ON 003 O 0) D 0 1t-, 1 - 1-«.1 Dmo 1 W r.. I 070 1 0) m- 1 0 V (0(0< 70 O 0010 0 W W co-. 0) W > 01 V W m 0 A O 1 01 O£ 0 Z8 Z 0 DO - 0" N C V JOO 00x0 100 70 v :C N v Nm Cr 0170w ><z mm 37 0 03 L9LL9940 DO-' ODWW ODWW ODWW OADWO 70DWO DDWN DDWN 0-' ..WWW ..W 000 ••(0030) ..ONWO 0 AO (0 A0 (0 Mo NC03 11(0N .00N 10030 103000 £-'DO (-`DO N DO VON <W A <1 0 <-1 < A 0 0100 1010 1-0 0310 03 A. go 900 N,1 0 N'*10 N' W WN 0 (0N 0 WN 0 03 1 0 1 N 000m 0001 0001 0 m0 00 -. Om �NOm 70 0 CA m CA m CA m C(0 W 70D W 70D 0 -1003 N100 0100 W v Z Am Z Am Z 370 Z -'701 70- 70- 03.. 01<7C 01<7C vi<T. 0 D<m v DA D(0 D70 D W m x 1 0 133 0 DD 70 DA 7o D70 O(Am A WW 70000 70 WW A DWT. 00 003 OM WCr <01cv < CV <ACV < C D� A Dm A Dm 0.037> OMD W70D 033W0)30 043X. OAST. �<Z W <70 N <0 WN<70 W <v 0 NO --O mmm v 030 -02.036) -0000 v --mD WO 0Wv 0013 < r <m r <m r <m r (0<70 c RoNC7: Qo-'CT. 9' 3) •• 0 .01 70 •• A 70 .• W 0 7070 0* 70 0 -1 im 1(0 1 D m <0 A « A « CO A A W m 70 < 0 < 00 m go (0 0 0 0 p 0 A (0 N D DWW 70D00 DDWN 700 0 AO 03 (0O "DO 03 DO W -.DO Oto -00 1010 N'IW W'IO (311103 Om 000 -- Om 1 A D A N m> mom on 1-31037 1- w A- A 0 0 X 1 0 ODz ODM A D70 OM 00 OM ADM AD0 A Dm 00>< W31 WA07C OW mac, DC* DOM -CA 01 (0« 07< < p0D« m mm m < A< A < W (0 N N D v 7' Or v0 mo A D 11 < •• OZ m 00 Av .x vm i0 .0 0 z N C N C N C N C N C N C N - C N N0 -M1 1 1N0I NO N N NOC N C N C N C N C N W N N N N N W N N N W N W N W 0 m o m o m o m 0 m 0 m 0 m o 0 1 0 1- -+0 1 0 1 0 1 0 1 0)W 010 00 030 0 O W-- -.0 ( 01 N0 (0 OO ()03 WO (003 WO 100 (00 0- -'0 0-' -'0 -'00 030 -•V J0 -.01 00 -W 030 -W 030 --W Wo -.0 00 -.W 010 -N 100 �0 100 -.0 00 -.W 030 01- • 0 0)- - m 0)- - m 0)- - m 0)- - 1n 01- - m 01- - 111 01- - m 0) - m 0)- m 0)- m 0) + m 1 � I A A 1• 1M 0) 1 0) 0) 1 V V 1 0) 0) 1 0 0 1 N N 10 W 10 W 1-• OW 00O OA 370 00 00 00 00 0V J0 ON Nn 000 WO 00) 0)O OW WA 037 370 00) (00 00 00 NN 070 N(0 WA NO ON NO OW N-' -LW NO 00) N0 00) NO) 0)N 00) OIN �O OA OW 00) NW WA 01 01 01 01 01 01 W W0 -I .r i..r -(.•r i••r -i.-,r - .r 1..r i..r i••1- i•.r i••r it.r 031 O3Z 03Z O3Z O3Z O3Z O31 O3z 031 03Z 031 032 iv0 iv0 iv0 i110 iv0 iv0 iv0 -imp iv0 iv0 iv0 -imp 1 D x D v °037 or> mono nm 0 1 N 3 3 3 3 3 3 3 3 3 3 3 3 > > > > > D > > > > > D v v v v v v v v v v v v "< WDN 10DN DN DN DN 700 WAN DN NDN VDN A70N Jnr ND-- WD-' ODN -'DN WDN WO-- 000 WDW 0)DW ODW 03001 WDW NZA NZA 0)ZO 0310 VZO ". A O. N OZN 0)ZN 01N W. N 0)ZN 01 01 031 W1 01 003 003 N1 J1 V1 003 A. A A - A D ? > - D W D W D W > W > N D N D N D N D N D N 0 0) 0 0) 0 0) 0 0) 0 0) 0 0) 0 W 0 00 0 W O W O W O A 0 0 0 0 0 0 0 0 m 0) 0) 0) * * * * 0* 0* 0* 0* <m 0M <m <m mx mx mx mx Mm Am Am .71 Z3 Z3 Zv 3v 3v 3v mi mi mi Zi Z Z Z Z -4* -1* -1* 1* * * * * 0 0 m 0 * <m MX MM Ev M. z 1* * 0 0 000 03x03 m111 31 'OM 137 D..D 30r izW N .-a• 1 v m W to (0 co (.3 00 0 (0 (0 0) 0) O N 03 0 0 J 0) 03p o O o O — 0 0 0) at 0 Z m 1 Di rD ma (0 r m January 28, 1998 Mr. Bob McFarland City Attorney Cribbs & McFarland P. 0. Box 13060 Arlington, TX 76094 At the January 20 meeting with representatives from Bennett Consolidated regarding the Tax increment Financing District, all parties agreed that 1994 was the base year. Julie Lennon stated that the airport property should not have any value included in the base as the law referred only to taxable property. Therefore, I have recalculated the base and subsequent years which show that no increment has occurred for the district. The attached spreadsheet shows the value per the tax roll of all taxable property with the airport parcel and the City right of way valued at zero. The 4.02 acre parcel that was exempted from the TIF has been valued at the average annual value of all taxable parcels. Please review this spreadsheet and advise if calculations are proper. Assuming base should be $3,571,562, please advise the City what process should be taken to correct the base as exhibits attached to the original ordinances did not use this amount. If you have questions, please feel free to call. Sincerely, 46,1a4 -c*Ja-e Loretta Getchell, CPA Director of Finance cc: Tom Hart, City Manager Joe Hennig, Deputy City Manager David Witcher, Director of Economic Development 201 N. Ector Drive, Euless, Texas 76039-3595 817/685-1400 • Metro 817/267-4403 • FAX 817/685-1416 M a▪ ) c rn U) to c a) a) .n . v) a) O. 276 Q > a) O 25c X I- 4 4- E O 4) .a WE > c C7) Q 0)) aE) m 0)) ami co EU) v (0cp t O- O U O d C. Ca .0 O a) • ' E n O .== c ami - a) CiS CO as CL) ,• � m • 0, o• U O E E v O" CO N 0 N t N U CD al 4-4 N co V Lc) ar)rn rn (NI cUQ 'c!. N 4- 0 r- M N • N a) co 0 > 0 r N ▪ . o+ t F*- $ Z Z