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<br />Revenue CateQo
<br />
<br />Properly Tax (2)
<br />Redwood City Share
<br />
<br />Estimated Sales and Use Tax
<br />
<br />Construction Related Costs
<br />
<br />Employee Expenditures
<br />Subtotal
<br />
<br />Utility User Tax
<br />
<br />Total Revenue
<br />
<br />Present Value (2006 $s)
<br />
<br />EXHIBIT 8
<br />SUMMARY 20-YEAR DISCOUNTED MUNICIPAL REVENUE ANALYSIS (1)
<br />TRADITIONAL OFFICE TENANT
<br />2006 - 2026
<br />
<br /> 5-Year Increments
<br />Total 2006 2007 2008 2009 2010 2015 2020 2025 2026
<br />$2,514,235 $83,932 $85,610 $87,322 $89,069 $108,350 $119,627 $132,078 $145,824 $ 148,7 41
<br />
<br />$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
<br />$695,344 $0 $0 $0 $0 $31,953 $37,042 $42,942 $49,781 $51,275
<br />$695,344 $0 $0 $0 $0 $31,953 $37,042 $42,942 $49,781 $51,275
<br />$857,747 $1,899 $1,924 $1,949 $1,975 $50,000 $50,000 $50,000 $50,000 $50,000
<br />$4,067,325 $85,830 $87,534 $89,271 $91,044 $190,303 $206,669 $225,020 $245,606 $250,016
<br />$2,815,183
<br />
<br />Notes:
<br />(1) Pertains to revenues accruing to the City of Redwood City General Fund. Refer to Exhibit 11 for detail.
<br />(2) The analysis does not assume interim properly resale, which could result in reselling the properly value. However, the value may not change appreciably depending upon
<br />when the sale occurred in the real estate cycle.
<br />
<br />Source: CBRE Consulting.
<br />Q:\projects\2004\ 1004150 Stanford Hos
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<br />27-Sep-05
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