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RES 2011-0530 - Salem Village II Partnership TIF project plan j4"A,A `A,� `� �'s� L.a Planning Department i,......0.; 131 Omaha/Douglas Civic Center grOPlb- Tph nti � p 1819 Farnam Street,Suite 1100 c+v,& CCai ;APR` Omaha,Nebraska 68183 °� � =' " ' t, (402)411 5150 ro �i;OR'T�D FEBRV�4� ,�-[I ' . Telefax(402)444-6140 +' IA .lift ` R.E.Cunningham,RA,F.SAME City of Omaha Q ‘ '%, Director Jim Suttle,Mayor May 3, 2011 Honorable President and Members of the City Council, The attached Resolution transmits the Salem Village II Limited Partnership Tax Increment Financing (TIF)Project Plan located at 3520 Lake Street for Phase II of the Salem Village Senior Housing Project at the Miami Heights Senior Development. The project contemplates construction of a new 3-story, midrise, residential housing building with underground parking, comprised of 27 two-bedroom affordable, senior living units. There will be nine units per floor, ' one of which will be fully handicap accessible. The rents are targeted to residents at roughly 41% of the Area Median Income. The Redevelopment Project Plan recommends the City's participation in the redevelopment of this project site by creating a new affordable senior residential development project through the allocation of TIF in an amount up to $180,000.00 to offset the costs of site development, architectural and engineering costs, and any public improvements as may be required. The total project cost is estimated to be $5,416,993.00, with TIF eligible cost of approximately $286,932.00. Your favorable consideration of this Resolution will be appreciated. Respectfully submitted, Referred to City Council for Consideration: k V' b 4... 11L e AI o)(Cell -Aitken/ I' li0 0 yli--)4. Le.A),1 a.c D 1-4 12 0/ I/ )� . . . CunninghP ' • SA ' Date Mayor's Office Date Planning Dire o Approved: (;7 1/404.---' i9ri ,� . - 1/ "-// Pam Spaccarotella Date Robert G. Stubbe, P.E. Date Finance Director i Public Works Director Notice of Publication Dates: May 5, 2011 and May 12,2011 Public Hearing Date' May24-,20711" Plnlsf1522-cover letter n 2011. (Sired) .4,,4 Title: Account Executive -h Su s ribed in my presence and sworn to before me this 1 o h day of‘/�j� ,2011. GENERAL NOTARY-State of Nebraska + 1dARCiA A.GUSTAFSON / 'VI—. My Comm.Exp.June 30,2012 Notary Public Printer's Fee Affidavit Paid By, ,j • ;... . ;j: .n1 ; f;'s:'?,I G ies $ 1 u_ AIIIMAIr 20__1 Ir_ 1� +lt , *• �t 20. 554, 89 ,�h 1 OF NEB ` Notary ' rli�in o -,,f,•'r I r r as County, tn� CO O CO CO O O CD O CO O CO CO CO O CO CO O CD O O CD O O CO CO CO CD d O . . . (O N CD Cq Y)CO O O C)O 4)O Cp(O Cp CD CO CO CO CO CO CO CO(n CD CO 1- Z73 J N N(Cl N N N NNN N N N N CCC N N N N NN CV N N N N N O • Q E,o LL 1 CD CD VD CD(p N(O 4)CO CO 4)(O(O tO Cp Cp(O tD tO 4)CD(D)0 41 tp(O N CC U. 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CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 Douglas County Account Information • Page 1 of 2 Douglas County, Nebraska Property Record - R2144921000 Print Report • Information is valid as of 2011-2-14 View Interactive GIS Map Treasurer's Tax Report New Feature -+ -* --> Subdivision Sales Search Owner SALEM VILLAGE II LIMITED PART C/O KEN LYONS 1701 N 24 ST#102 OMAHA NE 68110-0000 Property Information Key Number: 4492 1000 21 Account Type: Residential Parcel Number: 2144921000 Parcel Address: 3520 LAKE ST OMAHA NE 68111-0000 Legal Description: SALEM VILLAGE MIAMI HEIGHTS RP 1 LOT 1 BLOCK 0 IRREG 1.034 AC • Value Information . Land Improvement Total 2010 $9.400.00 $30,400.00 $39,800.00 2009 $9,400 00 $41,200.00 $50,600.00 2008 $0.00 $0.00 $0.00 2007 • $0.00 $0.00 $0.00 2006 $0.00 $0.00 $0.00 2005 $0.00 $0.00 $0.00 Sales Information Sales Date: 2010-07-23 View Document Deed Type: WD Book: 2010 Page: 067338 Price: $85,000.00 Grantor: NEW COMMUNITY DEVELOPMENT • Grantee: SALEM VILLAGE II LIMITED PARTNERSHIP • Valid/Invalid: Valid • - _ Exclusion Reason: • Land Information Acres SF Units Depth Width Vacant 1.03 45041:04 1.0 0.0 0.0 No http://douglasne.mapping-online.com/DouglasCoNe/static/accountinfo.j sp?accountno=R214... 3/8/2011 1 I .'.:1., f r 'i tzsia�p� i • a 5 a �4Il; ft3• fi;ps t i q Al rr a1 I !' 0 ttis 1 I pR1t 1, 1iiiil 1 r ` # ¢¢ is fi 21 fl,g 11 R ^ !:1 fF89f`t 4X-. .no<n ...,,„..mo-1• , lieip 1 € Iis ilal- 1IIiII . ,` t r r a .1 F I1 4,tiatlg Ig�� IV Ali i $Ii n l E f tit€iit'1@s I I o .1 I C 11 i f:L_ II 6 Fc? li ` t C, 1¢t; !a t l ' !!i ag tt sg__# 1i.t. ai# t $-$# ###§ # t I!• `1; # "t s 1 L I : II ' ..I. 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CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 EXHIBIT "B" SALEM VILLAGE LIMITED PARTNERSHIP TIF REDEVELOPMENT PROJECT PLAN 3520 LAKE STREET MAY 2011 OMAH N 04.vir �e Ae' ,. ..tikttyto•g= PLANNING•OMAHA 4P4ED FEaRUr� Jim Suttle, Mayor City of Omaha R. E. Cunningham, RA, F. SAME Director, Planning Department Omaha/Douglas Civic Center 1819 Farnam Street, Ste. 1111 Omaha, Nebraska 68183 ,\- \� 1723 Harney Street Omaha, NE 68102 Chairperson Metro Area Transit Authority 2222 Cuming Street Omaha, NE 68102 Chairperson Omaha/Douglas Public Building Commission MAILING LIST RECEIVED 41 - a -i/ RECEIVED BY_ 611.A e.:1J/1 i it IG MADE e`YI,4 it.2ti„ ()ATE MAILED 5 5 I/ www.dcgis.org/dogis Control No. 22437 CASE: C3-11-054 7 - •APPLICANT: Planning Board on behalf of the City of Omaha REQUEST: Approval of the.SALEM VILLAGE II LIMITED PARTNERSHIP REDEVELOPMENT PROJECT PLAN LOCATION: 3520 Lake Street SUBJECT AREA IS SHADED -APRIL 2011 .____.. .- R5 35� R5:35) R5(35) 1111:11 ,' I- R5 5135 - - i .�..._....._ ._.. .._-_....__ .._..-._.--------- ._. -- ---- -- Miami-St- GC R5(35) I: K F. i.11-1111 R5(35) R5(35) . 5(35) i Ohio St ,. .... ..... . .. .. ��d /' --....-7.1R5(35) rot` I ,.• R7 : i 5(35) �.� . 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CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 INTER-OFFICE COMMUNICATION • City of Omaha,Nebraska v `i � Planning Department ! 1C.)C. Th! TO: Chairman and Members of the Planning Board FROM: R.E. Cunningham,RA,F.SAME Planning Director DATE: March 30,2011 SUBJECT: Salem Village II Limited Partnership TIF Redevelopment Project Plan Case#C3-11-054 The Salem Village II Limited Partnership is about$5.4 million dollar new housing project located at 3502 Lake Street. This project continues the new housing development of the Salem Village Senior Housing Project at the Miami Heights Senior Development. The developer is Salem Village II Development L.L.C., a wholly owned subsidiary of NeighborWorks Omaha. NeighborWorks Omaha is the former New Community Development Corporation. This phase II is a continuation of NeighborWorks Omaha's Miami Heights Area Redevelopment Plan, originally approved by the City of Omaha on March 18,2003 and,subsequently amended on March 7, 2006. The Redevelopment Plan emphasized a multi-phased development approach that encompasses unsubsidised market rate single family dwellings,senior housing,and eventually retail and commercial development. The project will be comprised of 27 two-bedroom affordable,senior living units in North Omaha. The structure will be a 3-story,midrise building with underground parking for its residents. There will be nine units per floor,one of which will be fully accessible. The rents are targeted to residents at roughly 41% or the area median income. The site is currently zoned R7. Public improvements for this project will be sidewalks in the public ROW and landscaping on the project site. This project will be required to comply with all Planning Department and Planning Board recommendations. The project site and area meet the requirements of Nebraska Community Development Law and qualify for the submission of an application for the utilisation of-Tax Increment Financing to cover cost associated with project development as submitted for approval through the Tax Increment Financing process.The project is in compliance with the Master Plan,appropriate Ordinances and development regulations of the City. DEPARTMENT RECOMMENDATION:Approval. BH 1i3 s t f1 I!f" 1 Its 1gl:F 11i:€11 e=i iir q.i 3 _ II f€ iI}''I i 11 9 ilk I; iI # n C " [�` II f FF2 X pp ( 9 s �� Fl .tlrS olibl'.i J 1 ,� 3`ti 1g . S'I_ ;'i•#.t all 1i # i!slt tilt all i} t yg7 I t i t1 t1 -. ;;E f•F• gi f ., '7' s I i [ICI I� 4 pp t{3i$V" x ! t ,Igi - 1 ,1 i= fkEF_- 1 € 1 i Irkili 3 @ 1 Ei It i•it- [ "I. ` ` • if,# Imo' 1 I: •t9 3 .ai € SS Et ° ` 5 4t 2: I ?il 1 5 € tYe4t '] X€ a @ 1 'i' f ti I! 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N(n ui O CD Lc (O CD(O(n al to<n Cli O O C17 CC7 Cp N j C E m 0 O m I co IL., ` O r E9 69 69 69 69 69 69 69 69 69 69 69 69 69 69 64 69 69 69 69 69 C9 69 69 69 69 C9 69 69 69 C O d U N 1 d CD 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 C I N m > d E C m a n y C I 2,_ d d N 0 m d(9 I $ ofa 9•" E J > I L•d+ 'O U I d._ m C 12 U a E m m w 2 m 00000000000000000000000000 0 Y ( $ °- -p i i 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 , 0.U C d Q C d C . 00000000000000000000000000 = y g .' 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CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 • • • SALEM VILLAGE LIMITED PARTNERSHIP • TIF REDEVELOPMENT PROJECT PLAN • • 3520 LAKE STREET APRIL 201.1 pN1AHA, n, F , F 6p •p AL ` ,1 U ; ,..2.,„,,,,..00„,, . a 1 • 47'4D FE130r PLANNING•OMAHA Jim Suttle, Mayor City of Omaha R. E. Cunningham, RA, F. SAME • Director, Planning Department Omaha/Douglas Civic Center • 1819 Farnam Street, Ste. 1111 • Omaha, Nebraska 68183 • , NE 68102 Chairperson Omaha/Douglas Public Building Commission MAILING LIST RECEIVED 41 - a -i/ RECEIVED BY_ 611.A e.:1J/1 i it IG MADE e`YI,4 it.2ti„ ()ATE MAILED 5 5 I/ www.dcgis.org/dogis Control No. 22437 Salem Village II Limited Partnership Tax Increment Financing Application January 31 , 2011 • 3520 LAKE STREET APRIL 201.1 pN1AHA, n, F , F 6p •p AL ` ,1 U ; ,..2.,„,,,,..00„,, . a 1 • 47'4D FE130r PLANNING•OMAHA Jim Suttle, Mayor City of Omaha R. E. Cunningham, RA, F. SAME • Director, Planning Department Omaha/Douglas Civic Center • 1819 Farnam Street, Ste. 1111 • Omaha, Nebraska 68183 • , NE 68102 Chairperson Omaha/Douglas Public Building Commission MAILING LIST RECEIVED 41 - a -i/ RECEIVED BY_ 611.A e.:1J/1 i it IG MADE e`YI,4 it.2ti„ ()ATE MAILED 5 5 I/ www.dcgis.org/dogis Control No. 22437 Project Description Salem Village II Senior Housing Project is phase II development that will be located adjacent to the $8.5 million Salem Village at Miami Heights Senior Development. The project will provide an additional 27 units of two bedroom apartments for affordable senior living in North Omaha. The project is located in qualified census tract (53.00). This phase II is a continuation of NeighborWorks Omaha's Miami Heights Area Redevelopment Plan that was originally approved by the City of Omaha on March 18, 2003 and later amended on March 7, 2006. The Redevelopment Plan emphasized a multi-phased development approach that encompasses unsubsidized market,rate single family dwellings, senior housing, and eventually retail and commercial development. The project will be owned and operated by The Salem Village II Limited Partnership and developed by The Salem Village II Development L.L.C., a wholly owned subsidiary of NeighborWorks Omaha. The proposed development budget is just over$5.4 million. The project will be a mid-rise, three story structure with underground parking dedicated to its residents. The floor plan will consist of nine units per floor, one of which will be fully accessible. The rents are targeted to residents at roughly 41% or the area median income. A Residential Provider Referral Agreement will be provided by the Eastern Nebraska Office on Aging and a Supportive Service Agreement with Charles Drew Health Center. These agreements will be coordinated with N.P. Dodge Property Management to ensure residents maintain their independent living status. lic improvements for this project will be sidewalks in the public ROW and landscaping on the project site. This project will be required to comply with all Planning Department and Planning Board recommendations. The project site and area meet the requirements of Nebraska Community Development Law and qualify for the submission of an application for the utilisation of-Tax Increment Financing to cover cost associated with project development as submitted for approval through the Tax Increment Financing process.The project is in compliance with the Master Plan,appropriate Ordinances and development regulations of the City. DEPARTMENT RECOMMENDATION:Approval. BH 1i3 s t f1 I!f" 1 Its 1gl:F 11i:€11 e=i iir q.i 3 _ II f€ iI}''I i 11 9 ilk I; iI # n C " [�` II f FF2 X pp ( 9 s �� Fl .tlrS olibl'.i J 1 ,� 3`ti 1g . 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M'WWLRA-INC.COM il#fi ¢ 1 8 R ALTA/ACSM I/SiPw Y''''R,I=d SuIrt 100^°^•=-^'• (Ph) O2196.2198 j 4"C y8 LAND TITLE O .1,•,N 6e1s4son (F..)102.4%273D ¢ — .. ,71 SURVEY LOT 1,SALEM VILLAGE AT MIAMI HEIGHTS REPLAT 1 i OMAHA, DOUGLAS COUNTY, NEBRASKA J ................ 1 LL 0 0 0 0 0 O O O O O O O O O O O o 0 0 0 0 0 0 0 0 0 1 C C .72 m t0 I '> p d I- x? M co co co co co co co M M M M M M M M M M M M M M M M M CO 1' T::L I ~ ul Clj tD O to'1. N(n ui O CD Lc (O CD(O(n al to<n Cli O O C17 CC7 Cp N j C E m 0 O m I co IL., ` O r E9 69 69 69 69 69 69 69 69 69 69 69 69 69 69 64 69 69 69 69 69 C9 69 69 69 69 C9 69 69 69 C O d U N 1 d CD 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 C I N m > d E C m a n y C I 2,_ d d N 0 m d(9 I $ ofa 9•" E J > I L•d+ 'O U I d._ m C 12 U a E m m w 2 m 00000000000000000000000000 0 Y ( $ °- -p i i 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 , 0.U C d Q C d C . 00000000000000000000000000 = y g .' 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CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 • l e o 0 0 0 ' ;0 co O co co w • U • • o I . 0 o 0 0 0 o 0 0 0 0 0 •',.r M?' o 0 0 0 0 00'000 0 0 0 0 _ r ,nco� 00 ,O0 ,n o ,.,I0 000 0 N N 00 o o Oorn rnoo, , O ,n o. r r, o c•-. --too o -;, 0 000 0 v1 M M O O O O r r O O A . 0 0 0 O o Co N p C N V O N M O d' .'1 p C ••--� M r 0 0 0 0 N N 0 co F r F W 0 O o o I 1 Ali _ 'O C O C roo 00 0 ornvro - oN000ro OM C '° o N 0 0co :" rn C' N O O - 14 N 0000 ,I 0000 ,n VI N - 0o O � • 00 00 . 00 73 � OV '.-•1 C C R O, N — v, N I- ,..��N N F F 1 o ''I O 00000o a 0 0 0 0 0 ''1 ,�,.• 1 , , , , ,A VI ,n O O G O . a • 'ioo rrr o00 0 t' i• I y', CS 1 • i• cl o 1. 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M'WWLRA-INC.COM il#fi ¢ 1 8 R ALTA/ACSM I/SiPw Y''''R,I=d SuIrt 100^°^•=-^'• (Ph) O2196.2198 j 4"C y8 LAND TITLE O .1,•,N 6e1s4son (F..)102.4%273D ¢ — .. ,71 SURVEY LOT 1,SALEM VILLAGE AT MIAMI HEIGHTS REPLAT 1 i OMAHA, DOUGLAS COUNTY, NEBRASKA J ................ 1 LL 0 0 0 0 0 O O O O O O O O O O O o 0 0 0 0 0 0 0 0 0 1 C C .72 m t0 I '> p d I- x? M co co co co co co co M M M M M M M M M M M M M M M M M CO 1' T::L I ~ ul Clj tD O to'1. N(n ui O CD Lc (O CD(O(n al to<n Cli O O C17 CC7 Cp N j C E m 0 O m I co IL., ` O r E9 69 69 69 69 69 69 69 69 69 69 69 69 69 69 64 69 69 69 69 69 C9 69 69 69 69 C9 69 69 69 C O d U N 1 d CD 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 C I N m > d E C m a n y C I 2,_ d d N 0 m d(9 I $ ofa 9•" E J > I L•d+ 'O U I d._ m C 12 U a E m m w 2 m 00000000000000000000000000 0 Y ( $ °- -p i i 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 , 0.U C d Q C d C . 00000000000000000000000000 = y g .' O O O O o O O O O O O O 0 O 0 0 0 0 0 0 O O O O O o I N LL « O 2 y CC O X 0 M rI M r)r)M M M M M M M M M C)M r)M M M C)M M M M M I O d () m () C CD U Cri CO-N(O O u- (li(O co-Cli tli(li O xi ui(n ui ui C(i Cp(D O u u I •g'5 m p m C 2 C 1 m r m O J 69 69 69 69 69 69 69 69 CA V!f9 V9 69 69 V9(9 69 69 fA f9 V9 Vi 69 69 69 V9 V9 69 64 69p d C C • 0 CD.-Cl)N(p M O 7 O O O CD Cp N-C)CO O 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 • • a c E n E. • N rt O Vl Vl P R — N N 'O — M — M N h N N — O\ et b b 00 V) Vl 00 ' 00 N 0 'O 0o ' v, M M rn N CO ' ' N O on N N on en oo — V et 'O 0, V) (N ' a a 00 N — et N 'O et A N N N '0 Vl et 00 sO M Cc V sr, el. 00 N O V) sn et et 0, en'N'ri < et — h o c (N 0' 'n O• N (N a et(N---00 M oo ' F F (N .0 M en00 O D• E..., o' O. en O, en V) O 00 'O — 00 O (V se, N 00 0o co O O N _ h N M O O N 'O b -0- N — Vl (N —. — — N en N N , F en M "N r N o — 'n'0 M o M '0 v N 'o '0 VD "or N on oo "or .'- "or 'at,' et o 0 r) ' N N V) 0, N ' N 'O N M M O, ' ' O O — N M 00 N V) 0) ' et ' ' V) N O. 0\ ' ' - V'0 0` N O 'O Co O ' et CO, N N Cr, .. O co O' N V) oo N O` ON O. 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N — 1 O' VI Vl en N en Vl 00 CO N — 00 CO et — C. 00 V) V e CO V O' M e N 7 et 'O ' 'O M N 'O N ' 00 M Vl O Vl ' ' N O\ as N M 00 N N on to ' oo N 0o Q• ' 7 V ' ' sr, — N V) — O — 00 (N N O Off 'O ON et 'O N O. M 00. 'O M O re, a N N M •N -- v Vl N r) O en N — — N N 'D sr)" N O—• Vl 'O V) 00 on O 'O O O N N N N N 0 N N N N sr, V M — 00 en N, N N N .-1 N — Vl V 00 .-+N M N M 'O r) 'O O, 00 M et et O C e — M O M e N 'O 'O N ' 00 O M N N ' C. O N N [V N ' ' 0o M b ON N O N b N — ' N r) 00 00 — ' ' • N O en. — — O N N CO 00 O^'O N N et ON on et ON V) et.b V O 7 U V) VI. N N N-� et — N O, O O\ N — ON se, sr, 'D O 00 — —"'n'O N H (N 'O O •••' 'O .-1 N N N N N O' N N N N 7 V M — -- 00 M N o0 N N , -+ N — — • VI et O' N N M 'O et N O N 0 O N M N 00 b of e et en O M 0\0 N ti 'O N N V'O ' O '0 O' ' 0' 00 N N CD ' ' 'O en 'D — O N en en ‘.0 ' 'O N et N ' ' O, O (N 'O N O. N Vl r) Vl 00 en Os 'O 'O 7 et Vl CT N —' 'O en ey as N N N N N. et'O ,"Vl 0 , N O 00 V of'D O vl O1 (N—• Vi'O 'n 00 N N O' "' 'O NNI GI' p N O' N — p N •0. et en — — .N on N O' — N N r-' N N N N N N . • O (N (N ' et M N v1 M N 0 — N vs — ON 'n et- a et O et M e N 00 00 O, ' N N et N ' 'O 00 'o V' 'O 00. V N O' M — O N. 0\ — 00 ' et N ,y V el.. et ' ' N O' N Cl,et O. et 0, O' N 00 Or ' 'O 'O N N M 'O 0, CO 0, N N O - to O' 00 0o p N 00 en-Ni- .•-•O — N Cr, 'D r,rl V) O O O et — Vl'O V) (N — 00 O 'D M r) N N O N 'N-�O' N N N — O' et M — N et N O — N N *-' — N 00 V SO7 O M N N Vl en Vl N — enN N O 00 et e O\ ' et •C Vl O' N ' O ON 00 N0 en V' ' ' l 'O (N N 0, N O V) N on ' ' N jn .or N _, ' ' 'O o0 on 00 'O O N et on Cr...00 'O en ' 00 00 O' N'O O\ co 00 O' O O 'n O' O' O, O' �.y et M oo o'N O N 0\ O\,n— N V) 0" (N Vl• kn.''O 'D o O T O "." 'D . ti ,: o p O O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 r • i • / • en M N h co N O O N Ol - N C e ' 10 0- , O M e N N N , 0000 ' N Vl 0 O- N ' M oen 0 b - � ' ' O N 00'O O - [^0= R - p .M0 O N ON O� ON VD N Cr.. V O O O ^= '0 p O` co •"', '0 N N 00 CO O M ) O 00 O 0 00 et.0 O - - O '0 0 N^'v1 1D 0 N O O v 00 N O N - R O M - �O V N ^ N N .•1 N N N 0o M N O1 00 M - - N N V' a 00 N -'-' M e N 7 O N U 0O VS - M N 00 N N CO N .. M N O 10 b b N M ' VI ' N. b V O .0 N "0. N O ut Os O N. b 00 -•O 00 O' M NN 7 N N b O CON 00 N N b M O O O O O N•y 00 N Cs O N of O. M 00 h 'O d O O\ O O ' N .0 C 0` O N 00 N N p - V' M M - N R N N N N N Or b 5 N V M N 10 10 O V1 M .0 N N 00 00 l0 O e O1 - , M M e N N en N , 00 . N N b N ` 00 V1 N N 00 10 , " N O 00 00 M N 1n 'O N O N b N 00 kO N 50 00 O CO N N.V_O N V N 5O O. O\O. e} M 00 N O 'O b ey N N 10 Os 1D O '0 'O N - 00 O V Os' N '0 T 0 b O+00 .-• O so' N N co Nco os N N N N N so M co O+ - a V , O. N 0o N as 'il C' a 7 N , 00 M e N . co O , , M .--- O O N ' N - O 'O O N N VN1 N W O H . 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(x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 i co ) ,,..0 71 ,�1, 0 O O O N O N 0 ' ' 0 • Tr O O 00 O 0) 0 • r • V 5, j r L Wiz.: i�.t a • _. L l;'t O O vl N O O 00 p N00 � NN vi V O .+ O 1'..6s t , N rO O : t 72 : , , , N t^O' N I.-., N Nrn a � 'Z°° N_ � N � e f y d 1i t , t co ' N t N p co op U '(31• 00 N O ti IA t' sa :'x`y'Y U N 7 Uly.p.�.. p' 4 U yCj U Chi N , O O N b x X y 1 Y. ° o a 0 F4 W 9 ilry - o o i � n m Er z3 • {'pr 0 - '',r;5r O r V) N O pp V. O O00N a O h CO 0 00 ,co O t , -1 ' O „' O ' O ' O ' r- ' I 0:.. I., r 10 10 0 0o O O 00 N O 1O 4:5•.g..N N - 'a O: ,' - V) 0) 01 ti N .--, 7 T• (2.,:?o 00 n- rT v., , , N , , N , m N vl N U , t O y -.N N 01 v1 b� m rn � • O • 10 10 0 .''} 10 O O en 10 0' O O O N N O y N .;r»�l m 01 v N a0 01 7 h v1 N N O C N N o N 00 0 N N T r r.•1 N m '0 00 V m m V' d' O1 00 00 .O y O N , , 0 O N V O b ~ O u as Y�,i O ' m O (V , , O , vt b t N , , N ti aty O V N Vl 10 N N ,NN'--- N 01 C FN •})la c C o 0 .ti .y t r O , en , Eii . �•t'.�f' d y Z , . y d 0 ❑ 5 0 `((` :, OD N O F w y { C . C a krF, ,{ y .2 (,, w U w n {�Jamy,I]�4, �' d 0 m ii C U F Z F" o Q C 9 ;;5� o y £ o F O z U F U p o m ci o D 0 d 0 cc 8- IN ti :?i;.? 0 C. a 6 -) y hHM OAk' ::- 2 0 c 0. o , W.. it da1 a� c & 5tiR O d OWd-1w 2 U M 6 2 04x U ] m ¢ U ai cN, c o c W O xcOa W W � a w • it'. € , ro . 'O • A L0 H. . y o v .] E � R0- 5 r 1r,.� ",4U � Q' o cmc V., ^ o ca15 F; UU8O < ,y :o -Syc A o .o y Fo • 0ca x v onc > 1 - , O O O 2W ,- . OWe F !n O'U N 00 , O ' N N O N N ' N N N M M M ' ' O Y1 N M 00 N M - O N Tr .0 N 4N'1 N 50 05 04 ' O N 0 .-. N.''O V. h 'd' V' N 01 01 01 V0 0, O N N N 00 c'1 Os N O N N N 0 `0 M 00 N. 5O N. sO 10 00 1O N O N N ON 0 O CO 'n N N 0 0 O - M M N - N 00 N N N N N O S 5• W ttl -O N O N e �1' N M , 0 O , O O coos , N 0 g -. - N M r'1 , , CON O N - N H O V1 N O N •1 00 N N 1p N N ✓1 `D N N O 00 o M c N r+l Y1 N rN Nl lO W F M N.M Vl c'1 ' N -_ NN V1 N N O O Nt.r�1 M M 00 00 .-w W .. oo N co M N , 0 "" — e ., w O m N c•i O y O co .N- N a1 N — N O N 1 Oa 0 W Oo , h3' b M 'O O P O R N 'e O. e O ,,ij C h N M M , r 0 N co O O 69 O f'O h 1O 7 N v. N O Vl V1 N V to N 00 V1 N N O N �% - M M N '--. N .0o 00 l = 40 cn ;=. ¢ [W� 3 3 a VC 2 E o o C O Oa 0 rl I ' EA AE W W P. o 9Vv f�. aW a U U O Z• c � we cop Q m > -IC ig . _ V o o V O - Y N ba., N op r F . .0 2A i'r U d d A u -• c cmW 5 as 375 a 1 = mE e d a U 5n a• o 0 a c ! JI y ° o. m -o,o� o ) Z.' V, W FO a x w Q a tRS Cli 4 c a C c o...." c o c ° o d OF w U Q ' o'. W U v c ' d d o FµA1 d" a > > o aai H W W `m a .-. o a`. (x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 a CO .1 , � , , , , , , . , , r1 , , , , 1 , , , , , , , , , , , , , . o 0 N M ` . i. t P,--.'.,.., .> o ^ C. it.^¢``- N000rn ..• v ^ 000 N Os 00NN 0 o goo • iY N O\ N N O 00 Vt 0, N O\ CO M 0 C. N , , , , , O i , , , 00 0 ' O ffN , C. , 00 N , M Vl N 00 N N 00 ( f O N 0 N N 00 0 N N so coN - ,-. b vs, h ;O vl M N v1 N N N {¢yam;/- -' ON N N N — 00 N F\ M M IA ki,V Q lt,- • ;3 • ,C}.,�(`q�'�/'.1. • N N ti • V M • '.d 0000 - - 2Uf1(O 0 0000 [N N 0 00 O v1 — 0, 00 0 0 0 V 0) M NsO 0 , 1 al,. , .. O i . 0 O0 vl Cr, . i 1 i . . O N i , i . 000 0 0 (V 0 N N Os vl N ;O is N 00 s 'n O N ^ Os 0" N N CO ,� N N N b N - yr O\ vi h b u> M N 00 N N N VD • ^� 0�0 N �'1 N 00 �O V1 N M O N 00 O N r--, ,-1 .-1 O O O N• M 00 p 0 so co N 00 N N 0 0, V1 Os 1-1 O\ CO M O O T r vs , . r en t^ o O. ' O r 4( `'•' O 0 N O N O ' M V) N S• N N N N O N O N N O 1 ".U: V) r 1 ' 1 b N N N a. W .N-1 sr) H N V) H V7 M N N ,--I r-i N N N •�:•.`{,�. CO OHO 000 ' N V7 N N .-1 O� N ..,•• CO— N • vi N VW '0• iD,— CO, i r , S' 0 V M 00 o0 0 O - .^. 00 ' , VD r 1 M C i i r i N o0 ' N N , , ,..J.-_ - 0. C 0 (01 000 N V' Vl ;O N 0 N ^ 00 N (.. i � r , 1 ' ' O O O n co Q, a w V (1 N 0 N �D N ^ N • l t` rn N O+ 00 V1 �O O rn N N C. Osi N ' , `O Os i i i •."fir.h co h M O CO rn M r O. (O M O ;D V1 O O , N , , , , r r 1 ~• 00 00 O 00 V1 CO 0 0 0 0 N 0 0 O O O ^ ..;.I; N 1 1 i r I N Os •ct O ^ N • :s co G{ T Ti iwa w = 0 ?z�i i•i a o — U O-'( Q E = o 4.. = A h o 0 • a `y ° m i o a=i c.J c w aJ 2 aJi o o y v ''< :: h • 5 a 8 E o ..1. o 0 y . A y O Ull1Hk C0.0J0�-C.fl C U 8 o •O .Q O 'H' �' i "' N E. .JL. 1 ��j N O N� d C C uh1i1 rip Vl 'V "' r/+ 15. • •-11I! w NflPj1 G..� G T Q d C C z C y p O, A C = � � o = .�v . � O p J o 2u . Wa ❑CC t a AVJ C a O / G C Q 0(v: - o 0 0 0 0 0 0 4 o .8 8 N h ° '3 z 2 = ° • S 2 E ,E 2 U (a m rn • .:: a s .. : a s o o 0 o c u J U 2 :: «? o T ' o w 2 2 (o e U o H _ y h h y N 5 2 2 3 3 3 J o J y o o st o o v v « = c = = c .a E E C:_ -��7 •7 •7:�7 •O �7 � C C C Y Y a, .`�- E C C C C r P • U U > •'L P. J is P C C C-C C (Y.. y y P O O O O J J . 0 O' Q' 0' Cf P N O O O 7 C O t J 6O ^J 0 0 O % O C o;:r. •.; u J J J J c� a o 0 0 (v u .� � W (n6d W. U (n Ggc.(3UfY1UE' Fcn00 (n UUUUO W a. w,� �• d.Qdaaa (n 000c',cn �naa. wc7UUUov) b M 'O O P O R N 'e O. e O ,,ij C h N M M , r 0 N co O O 69 O f'O h 1O 7 N v. N O Vl V1 N V to N 00 V1 N N O N �% - M M N '--. N .0o 00 l = 40 cn ;=. ¢ [W� 3 3 a VC 2 E o o C O Oa 0 rl I ' EA AE W W P. o 9Vv f�. aW a U U O Z• c � we cop Q m > -IC ig . _ V o o V O - Y N ba., N op r F . .0 2A i'r U d d A u -• c cmW 5 as 375 a 1 = mE e d a U 5n a• o 0 a c ! JI y ° o. m -o,o� o ) Z.' V, W FO a x w Q a tRS Cli 4 c a C c o...." c o c ° o d OF w U Q ' o'. W U v c ' d d o FµA1 d" a > > o aai H W W `m a .-. o a`. (x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 Statement And Demonstration That The Project Would Not Proceed Without The Use Of TIF Without successful incorporation of Tax Increment Financing, it would not be economically feasible to proceed with this project. TIF blended with equity forms the critical basis for the project to be viable. With Without TIF TIF Gross Annual Income 178,200 178,200 Less:Vacancy (17,820) (17,820) Less Expenses (including RE taxes) (139,690) (139,690) Less Primary Debt (6,924) (6,924) Less Secondary Debt (0) (20,023) Annual Cashflow 13,766 (6,257). Return on Investment 9.11% Negative Summary Conclusion: Without Tax Increment Financing there would be insufficient cash flow and partner return and the project would not be feasible. Therefore, the partners have determined that they will not complete the project without Tax Increment Financing. 1 al,. , .. O i . 0 O0 vl Cr, . i 1 i . . O N i , i . 000 0 0 (V 0 N N Os vl N ;O is N 00 s 'n O N ^ Os 0" N N CO ,� N N N b N - yr O\ vi h b u> M N 00 N N N VD • ^� 0�0 N �'1 N 00 �O V1 N M O N 00 O N r--, ,-1 .-1 O O O N• M 00 p 0 so co N 00 N N 0 0, V1 Os 1-1 O\ CO M O O T r vs , . r en t^ o O. ' O r 4( `'•' O 0 N O N O ' M V) N S• N N N N O N O N N O 1 ".U: V) r 1 ' 1 b N N N a. W .N-1 sr) H N V) H V7 M N N ,--I r-i N N N •�:•.`{,�. CO OHO 000 ' N V7 N N .-1 O� N ..,•• CO— N • vi N VW '0• iD,— CO, i r , S' 0 V M 00 o0 0 O - .^. 00 ' , VD r 1 M C i i r i N o0 ' N N , , ,..J.-_ - 0. C 0 (01 000 N V' Vl ;O N 0 N ^ 00 N (.. i � r , 1 ' ' O O O n co Q, a w V (1 N 0 N �D N ^ N • l t` rn N O+ 00 V1 �O O rn N N C. Osi N ' , `O Os i i i •."fir.h co h M O CO rn M r O. (O M O ;D V1 O O , N , , , , r r 1 ~• 00 00 O 00 V1 CO 0 0 0 0 N 0 0 O O O ^ ..;.I; N 1 1 i r I N Os •ct O ^ N • :s co G{ T Ti iwa w = 0 ?z�i i•i a o — U O-'( Q E = o 4.. = A h o 0 • a `y ° m i o a=i c.J c w aJ 2 aJi o o y v ''< :: h • 5 a 8 E o ..1. o 0 y . A y O Ull1Hk C0.0J0�-C.fl C U 8 o •O .Q O 'H' �' i "' N E. .JL. 1 ��j N O N� d C C uh1i1 rip Vl 'V "' r/+ 15. • •-11I! w NflPj1 G..� G T Q d C C z C y p O, A C = � � o = .�v . � O p J o 2u . Wa ❑CC t a AVJ C a O / G C Q 0(v: - o 0 0 0 0 0 0 4 o .8 8 N h ° '3 z 2 = ° • S 2 E ,E 2 U (a m rn • .:: a s .. : a s o o 0 o c u J U 2 :: «? o T ' o w 2 2 (o e U o H _ y h h y N 5 2 2 3 3 3 J o J y o o st o o v v « = c = = c .a E E C:_ -��7 •7 •7:�7 •O �7 � C C C Y Y a, .`�- E C C C C r P • U U > •'L P. J is P C C C-C C (Y.. y y P O O O O J J . 0 O' Q' 0' Cf P N O O O 7 C O t J 6O ^J 0 0 O % O C o;:r. •.; u J J J J c� a o 0 0 (v u .� � W (n6d W. U (n Ggc.(3UfY1UE' Fcn00 (n UUUUO W a. w,� �• d.Qdaaa (n 000c',cn �naa. wc7UUUov) b M 'O O P O R N 'e O. e O ,,ij C h N M M , r 0 N co O O 69 O f'O h 1O 7 N v. N O Vl V1 N V to N 00 V1 N N O N �% - M M N '--. N .0o 00 l = 40 cn ;=. ¢ [W� 3 3 a VC 2 E o o C O Oa 0 rl I ' EA AE W W P. o 9Vv f�. aW a U U O Z• c � we cop Q m > -IC ig . _ V o o V O - Y N ba., N op r F . .0 2A i'r U d d A u -• c cmW 5 as 375 a 1 = mE e d a U 5n a• o 0 a c ! JI y ° o. m -o,o� o ) Z.' V, W FO a x w Q a tRS Cli 4 c a C c o...." c o c ° o d OF w U Q ' o'. W U v c ' d d o FµA1 d" a > > o aai H W W `m a .-. o a`. (x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 • Evaluation Criteria Please see italicized responses. Mandatory Criteria In order to be considered for TIP, a project must meet each of the following criteria: • 1. The project must be located within a blighted area or an area eligible for a designation of blight as required and set forth by State Statute. The project must be located within a blighted area prior to the preparation of a Redevelopment Plan. Requirements for blighted areas are found in Appendix One. • • The project is located within a blighted area. 2. The project must further the objectives of the City's Comprehensive Plan. • The project furthers the objectives of the City's Comprehensive •Plan by expanding affordable housing opportunities. The project also removes existing structures whose useful lives have expired. 3. The use of TIF for the project will not result in a loss of pre-existing tax revenues • to the City and other taxing jurisdictions. The project will maintain the base valuation which will not reduce pre-existing tax revenues to taxing jurisdictions. . 4. The developer is able to demonstrate that the project would not be economically feasible without the use of Tax Increment Financing. In addition, when the project has site alternatives, the proposal must demonstrate that it would not occur in the area without TIF. • • The project is economically infeasible without the use of TIF. The project is underfunded by $180,000 without TIF. This would create a gap with investors and allow them to withdraw their funding. • 5. The project will eliminate an actual or potential hazard to the public. Hazards may include condemned, vacant or unsafe buildings, sites or structures. The project will remove two existing vacant structures that had outlived their useful lives and created potential for vandalism. Discretionary Criteria In addition, the project must meet several of the following criteria. A residential project meeting three or more of these criteria may use TIF for the full fifteen (15)-year �D N ^ N • l t` rn N O+ 00 V1 �O O rn N N C. Osi N ' , `O Os i i i •."fir.h co h M O CO rn M r O. (O M O ;D V1 O O , N , , , , r r 1 ~• 00 00 O 00 V1 CO 0 0 0 0 N 0 0 O O O ^ ..;.I; N 1 1 i r I N Os •ct O ^ N • :s co G{ T Ti iwa w = 0 ?z�i i•i a o — U O-'( Q E = o 4.. = A h o 0 • a `y ° m i o a=i c.J c w aJ 2 aJi o o y v ''< :: h • 5 a 8 E o ..1. o 0 y . A y O Ull1Hk C0.0J0�-C.fl C U 8 o •O .Q O 'H' �' i "' N E. .JL. 1 ��j N O N� d C C uh1i1 rip Vl 'V "' r/+ 15. • •-11I! w NflPj1 G..� G T Q d C C z C y p O, A C = � � o = .�v . � O p J o 2u . Wa ❑CC t a AVJ C a O / G C Q 0(v: - o 0 0 0 0 0 0 4 o .8 8 N h ° '3 z 2 = ° • S 2 E ,E 2 U (a m rn • .:: a s .. : a s o o 0 o c u J U 2 :: «? o T ' o w 2 2 (o e U o H _ y h h y N 5 2 2 3 3 3 J o J y o o st o o v v « = c = = c .a E E C:_ -��7 •7 •7:�7 •O �7 � C C C Y Y a, .`�- E C C C C r P • U U > •'L P. J is P C C C-C C (Y.. y y P O O O O J J . 0 O' Q' 0' Cf P N O O O 7 C O t J 6O ^J 0 0 O % O C o;:r. •.; u J J J J c� a o 0 0 (v u .� � W (n6d W. U (n Ggc.(3UfY1UE' Fcn00 (n UUUUO W a. w,� �• d.Qdaaa (n 000c',cn �naa. wc7UUUov) b M 'O O P O R N 'e O. e O ,,ij C h N M M , r 0 N co O O 69 O f'O h 1O 7 N v. N O Vl V1 N V to N 00 V1 N N O N �% - M M N '--. N .0o 00 l = 40 cn ;=. ¢ [W� 3 3 a VC 2 E o o C O Oa 0 rl I ' EA AE W W P. o 9Vv f�. aW a U U O Z• c � we cop Q m > -IC ig . _ V o o V O - Y N ba., N op r F . .0 2A i'r U d d A u -• c cmW 5 as 375 a 1 = mE e d a U 5n a• o 0 a c ! JI y ° o. m -o,o� o ) Z.' V, W FO a x w Q a tRS Cli 4 c a C c o...." c o c ° o d OF w U Q ' o'. W U v c ' d d o FµA1 d" a > > o aai H W W `m a .-. o a`. (x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 • amortization period permitted by the State Constitution. A non-residential project • meeting three criteria qualifies for an eight (8)-year amortization period; such a project meeting four or more criteria qualifies for the fifteen (15)-year amortization period. 1. The project will generate at least one full-time job for each $10,000 in principal • value of the TIF loan; or would create a minimum of 50 new jobs. 2. The project 'is located in one of the following blighted areas as displayed on the attached Substandard and Blighted Map. • Project is located within blighted area. See attached map. • 3. All TIF proceeds are used for the construction of public improvements. 4. The project involves the rehabilitation of a designated city landmark; a building listed on, or eligible for listing on, the National Register of Historic Places; or a building located within a.local landmark district. 5. The project will directly benefit low- and moderate-income people, as defined by • the Community Development Block Grant Program. A project will meet this criterion if at least one of the following conditions is met: • • a. • If the project is residential, at least 51% of all housing units will.be initially affordable to low- and moderate-income households. • 100% of the units will be affordable to low and moderate income households at or below 60% of the area median income. • b. If the project is non-residential, at least 51% of the jobs created will be held by or available to low- and moderate-income people. • 6. The building or site that is to be redeveloped itself displays conditions or blight as established by Nebraska State Statute. • The project entails removal of 2 vacant dilapidated homes. 7. The project involves the start-up of an entirely new business or business operation within the City of Omaha. • The Salem Village II Limited Partnership is a newly formed partnership solely • for the purpose of this development project. 8. The redevelopment site has displayed a recent pattern of declining real property assessments, as measured by the Douglas County Assessor's Office. ."fir.h co h M O CO rn M r O. (O M O ;D V1 O O , N , , , , r r 1 ~• 00 00 O 00 V1 CO 0 0 0 0 N 0 0 O O O ^ ..;.I; N 1 1 i r I N Os •ct O ^ N • :s co G{ T Ti iwa w = 0 ?z�i i•i a o — U O-'( Q E = o 4.. = A h o 0 • a `y ° m i o a=i c.J c w aJ 2 aJi o o y v ''< :: h • 5 a 8 E o ..1. o 0 y . A y O Ull1Hk C0.0J0�-C.fl C U 8 o •O .Q O 'H' �' i "' N E. .JL. 1 ��j N O N� d C C uh1i1 rip Vl 'V "' r/+ 15. • •-11I! w NflPj1 G..� G T Q d C C z C y p O, A C = � � o = .�v . � O p J o 2u . Wa ❑CC t a AVJ C a O / G C Q 0(v: - o 0 0 0 0 0 0 4 o .8 8 N h ° '3 z 2 = ° • S 2 E ,E 2 U (a m rn • .:: a s .. : a s o o 0 o c u J U 2 :: «? o T ' o w 2 2 (o e U o H _ y h h y N 5 2 2 3 3 3 J o J y o o st o o v v « = c = = c .a E E C:_ -��7 •7 •7:�7 •O �7 � C C C Y Y a, .`�- E C C C C r P • U U > •'L P. J is P C C C-C C (Y.. y y P O O O O J J . 0 O' Q' 0' Cf P N O O O 7 C O t J 6O ^J 0 0 O % O C o;:r. •.; u J J J J c� a o 0 0 (v u .� � W (n6d W. U (n Ggc.(3UfY1UE' Fcn00 (n UUUUO W a. w,� �• d.Qdaaa (n 000c',cn �naa. wc7UUUov) b M 'O O P O R N 'e O. e O ,,ij C h N M M , r 0 N co O O 69 O f'O h 1O 7 N v. N O Vl V1 N V to N 00 V1 N N O N �% - M M N '--. N .0o 00 l = 40 cn ;=. ¢ [W� 3 3 a VC 2 E o o C O Oa 0 rl I ' EA AE W W P. o 9Vv f�. aW a U U O Z• c � we cop Q m > -IC ig . _ V o o V O - Y N ba., N op r F . .0 2A i'r U d d A u -• c cmW 5 as 375 a 1 = mE e d a U 5n a• o 0 a c ! JI y ° o. m -o,o� o ) Z.' V, W FO a x w Q a tRS Cli 4 c a C c o...." c o c ° o d OF w U Q ' o'. W U v c ' d d o FµA1 d" a > > o aai H W W `m a .-. o a`. (x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 • COST—BENEFIT ANALYSIS Please see italicized responses. The following factors will be considered and analyzed for each project. Applicants for tax- increment financing should include information about their projects addressing each of these considerations and may be asked to provide additional information as a part of this analysis. 1. Tax shifts resulting from the granting of tax incentives; Existing tax revenues will be maintained through the base valuations. Increases in the valuation above the base will be redirected for 15 years to assist with project financing. 2. Public infrastructure and community public service needs impacts and local tax impacts arising from projects receiving incentives; The project will not cause any public improvements or community public service needs. The local tax impacts will be positive by increasing the valuation of the site after the TIF bonds are repaid. 3. Impacts on employers and employees of firms receiving tax incentives; The project will increase management and maintenance staff on site for this phase II development. This should create 2 full time positions going forward. Also, approximately 2 temporary construction management positions will be created along with 20 subcontractor positions. 4. Impacts on those Nebraska employers and employees not receiving direct incentives or benefits; and The project will not impact other senior buildings in the vicinity. All others have similar rent structures which would not be affected by the Salem II development. 5. Any other impacts relevant to the consideration of costs and benefits arising from the tax incentive program. If not for this tax incentive program, this facility would not have been contemplated. vacant dilapidated homes. 7. The project involves the start-up of an entirely new business or business operation within the City of Omaha. • The Salem Village II Limited Partnership is a newly formed partnership solely • for the purpose of this development project. 8. The redevelopment site has displayed a recent pattern of declining real property assessments, as measured by the Douglas County Assessor's Office. ."fir.h co h M O CO rn M r O. (O M O ;D V1 O O , N , , , , r r 1 ~• 00 00 O 00 V1 CO 0 0 0 0 N 0 0 O O O ^ ..;.I; N 1 1 i r I N Os •ct O ^ N • :s co G{ T Ti iwa w = 0 ?z�i i•i a o — U O-'( Q E = o 4.. = A h o 0 • a `y ° m i o a=i c.J c w aJ 2 aJi o o y v ''< :: h • 5 a 8 E o ..1. o 0 y . A y O Ull1Hk C0.0J0�-C.fl C U 8 o •O .Q O 'H' �' i "' N E. .JL. 1 ��j N O N� d C C uh1i1 rip Vl 'V "' r/+ 15. • •-11I! w NflPj1 G..� G T Q d C C z C y p O, A C = � � o = .�v . � O p J o 2u . Wa ❑CC t a AVJ C a O / G C Q 0(v: - o 0 0 0 0 0 0 4 o .8 8 N h ° '3 z 2 = ° • S 2 E ,E 2 U (a m rn • .:: a s .. : a s o o 0 o c u J U 2 :: «? o T ' o w 2 2 (o e U o H _ y h h y N 5 2 2 3 3 3 J o J y o o st o o v v « = c = = c .a E E C:_ -��7 •7 •7:�7 •O �7 � C C C Y Y a, .`�- E C C C C r P • U U > •'L P. J is P C C C-C C (Y.. y y P O O O O J J . 0 O' Q' 0' Cf P N O O O 7 C O t J 6O ^J 0 0 O % O C o;:r. •.; u J J J J c� a o 0 0 (v u .� � W (n6d W. U (n Ggc.(3UfY1UE' Fcn00 (n UUUUO W a. w,� �• d.Qdaaa (n 000c',cn �naa. wc7UUUov) b M 'O O P O R N 'e O. e O ,,ij C h N M M , r 0 N co O O 69 O f'O h 1O 7 N v. N O Vl V1 N V to N 00 V1 N N O N �% - M M N '--. N .0o 00 l = 40 cn ;=. ¢ [W� 3 3 a VC 2 E o o C O Oa 0 rl I ' EA AE W W P. o 9Vv f�. aW a U U O Z• c � we cop Q m > -IC ig . _ V o o V O - Y N ba., N op r F . .0 2A i'r U d d A u -• c cmW 5 as 375 a 1 = mE e d a U 5n a• o 0 a c ! JI y ° o. m -o,o� o ) Z.' V, W FO a x w Q a tRS Cli 4 c a C c o...." c o c ° o d OF w U Q ' o'. W U v c ' d d o FµA1 d" a > > o aai H W W `m a .-. o a`. (x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 BANK MEMBER RN www.horimonbaflkne.cm . July 27,2009 Ken Lyons New Community Development Corporation 1701.N.24th Street, Suite#102 Omaha,NE 68110-2326 Louis Wright P.O.Box 641623 Omaha,NE 68164-1623 . RE: Salem Village II, Limited Partnership(Omaha,Nebraska)update to loan commitment letter Dear Ken and Louis: This letter will reaffirm Horizon Bank's offer to provide a construction loan in the approximate amount of up to $3,000,000.00 on the Salem Village II,Limited Partnership low income housing tax credit housing project to be located in Omaha,Nebraska. The construction loan will be approximately a twelve month term with a rate of 5.25%fixed for the term of the loan. There is a 1%fee on this loan plus reimbursement of normal construction loan expenses including but not limited to title insurance, appraisals,filing fees,etc. We will require a first lien position on this loan during construction. Principal and interest on this loan will all be due at maturity. Horizon Bank would also be available to lender for the term loan and for the TIP loan in the approximate amounts of$82,517 and 180,000. e term loan would amo over a 30 year term with a 15 ear balloon. The rate on this �J Y would be appro ' ately 7.50%. The TIF loan would have a full amortization which would match the payments from the Ci . The rate on this loan would also be approximately 7.50%. Both of these loans would be secured with deeds of trust on the property and would be non-recourse loans. Both loans would have a 1%fee. This commitment is available until February 1,2010,and is available only if tax credits are awarded to the project and if Midwest Housing Equity Group is the syndicator of the tax credits. Thank you for the opportunity to work together on this project. Sincerely, Janet L. Latimer • President&CEO Acceptan • New Co i• 'ty Development Corporation By. • _L g / Date: 7 �< ' 04 �j � am_ 10841 N. 1420'St. • P.O. Box 447 •Waverly, Nebraska 88482 • 402/7884555 • FAX 402/78B 2558 328 N. Central Ave. • P.O. Box 404 • Superior, Nebraska 88978 • 402/879-4788 • FAX 402/879 3854 M O ;D V1 O O , N , , , , r r 1 ~• 00 00 O 00 V1 CO 0 0 0 0 N 0 0 O O O ^ ..;.I; N 1 1 i r I N Os •ct O ^ N • :s co G{ T Ti iwa w = 0 ?z�i i•i a o — U O-'( Q E = o 4.. = A h o 0 • a `y ° m i o a=i c.J c w aJ 2 aJi o o y v ''< :: h • 5 a 8 E o ..1. o 0 y . A y O Ull1Hk C0.0J0�-C.fl C U 8 o •O .Q O 'H' �' i "' N E. .JL. 1 ��j N O N� d C C uh1i1 rip Vl 'V "' r/+ 15. • •-11I! w NflPj1 G..� G T Q d C C z C y p O, A C = � � o = .�v . � O p J o 2u . Wa ❑CC t a AVJ C a O / G C Q 0(v: - o 0 0 0 0 0 0 4 o .8 8 N h ° '3 z 2 = ° • S 2 E ,E 2 U (a m rn • .:: a s .. : a s o o 0 o c u J U 2 :: «? o T ' o w 2 2 (o e U o H _ y h h y N 5 2 2 3 3 3 J o J y o o st o o v v « = c = = c .a E E C:_ -��7 •7 •7:�7 •O �7 � C C C Y Y a, .`�- E C C C C r P • U U > •'L P. J is P C C C-C C (Y.. y y P O O O O J J . 0 O' Q' 0' Cf P N O O O 7 C O t J 6O ^J 0 0 O % O C o;:r. •.; u J J J J c� a o 0 0 (v u .� � W (n6d W. U (n Ggc.(3UfY1UE' Fcn00 (n UUUUO W a. w,� �• d.Qdaaa (n 000c',cn �naa. wc7UUUov) b M 'O O P O R N 'e O. e O ,,ij C h N M M , r 0 N co O O 69 O f'O h 1O 7 N v. N O Vl V1 N V to N 00 V1 N N O N �% - M M N '--. N .0o 00 l = 40 cn ;=. ¢ [W� 3 3 a VC 2 E o o C O Oa 0 rl I ' EA AE W W P. o 9Vv f�. aW a U U O Z• c � we cop Q m > -IC ig . _ V o o V O - Y N ba., N op r F . .0 2A i'r U d d A u -• c cmW 5 as 375 a 1 = mE e d a U 5n a• o 0 a c ! JI y ° o. m -o,o� o ) Z.' V, W FO a x w Q a tRS Cli 4 c a C c o...." c o c ° o d OF w U Q ' o'. W U v c ' d d o FµA1 d" a > > o aai H W W `m a .-. o a`. (x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 # / 5 - /0 N r an affiliate of LISC E August 9,2010 Ken Lyons New Community Development Corporation NeighborWorks Omaha 1701 North 24th Street Ste. 102 Omaha,NE 68110 • Re: Salem Village II(the"Project") Omaha,Nebraska Dear Mr. Lyons: On behalf of National Equity Fund, Inc. ("NEF"), I am pleased to provide this Letter of Intent (the "Letter") which sets forth the proposed business terms and conditions under which NEF, through its affiliate NEF Assignment Corporation("NEF"), would be willing to invest in the above-named Project by purchasing a 99.99% interest in the Limited Partnership formed to own and operate the Project. For purposes of this Letter, references to NEF shall mean National Equity Fund, Inc. and its affiliates, • including without limitation NEF Assignment Corporation. This Letter is based on the,assumptions contained in the materials which were provided to us and which are summarized in the Projections attached in Exhibit B. Any changes in these assumptions may change the terms and conditions, including the price, contained in this Letter. Upon acceptance of the terms and conditions outlined in this Letter, NEF will begin its standard due diligence review and seek approval of the investment from its Investment Review Committee ("IRC"). Upon approval of the investment by the IRC, satisfaction of the conditions contained in this Letter and satisfaction of all of the conditions or modifications to this proposal as imposed by. the IRC, NEF will enter into a Limited Partnership Agreement and other related agreements that will incorporate and elaborate on the terms and conditions stated in this Letter, and proceed to close on the investment. In the event the terms and conditions described in this Letter differ from the terms and conditions that are eventually set forth in the Limited Partnership Agreement, the terms and•conditions of the Limited Partnership Agreement will control and supersede all prior agreements when it is approved and executed by NEF. 1. Property Information The Project consists of the new construction of 27 elderly low income housing tax credit units (the"Tax Credit Units")located at Omaha,NE. Rents will be affordable to individuals with income at or below 50%of the area median income. 2. Property Ownership Limited Partnership: Salem Village II L.P. (the"Limited Partnership") 1 1 i r I N Os •ct O ^ N • :s co G{ T Ti iwa w = 0 ?z�i i•i a o — U O-'( Q E = o 4.. = A h o 0 • a `y ° m i o a=i c.J c w aJ 2 aJi o o y v ''< :: h • 5 a 8 E o ..1. o 0 y . A y O Ull1Hk C0.0J0�-C.fl C U 8 o •O .Q O 'H' �' i "' N E. .JL. 1 ��j N O N� d C C uh1i1 rip Vl 'V "' r/+ 15. • •-11I! w NflPj1 G..� G T Q d C C z C y p O, A C = � � o = .�v . � O p J o 2u . Wa ❑CC t a AVJ C a O / G C Q 0(v: - o 0 0 0 0 0 0 4 o .8 8 N h ° '3 z 2 = ° • S 2 E ,E 2 U (a m rn • .:: a s .. : a s o o 0 o c u J U 2 :: «? o T ' o w 2 2 (o e U o H _ y h h y N 5 2 2 3 3 3 J o J y o o st o o v v « = c = = c .a E E C:_ -��7 •7 •7:�7 •O �7 � C C C Y Y a, .`�- E C C C C r P • U U > •'L P. J is P C C C-C C (Y.. y y P O O O O J J . 0 O' Q' 0' Cf P N O O O 7 C O t J 6O ^J 0 0 O % O C o;:r. •.; u J J J J c� a o 0 0 (v u .� � W (n6d W. U (n Ggc.(3UfY1UE' Fcn00 (n UUUUO W a. w,� �• d.Qdaaa (n 000c',cn �naa. wc7UUUov) b M 'O O P O R N 'e O. e O ,,ij C h N M M , r 0 N co O O 69 O f'O h 1O 7 N v. N O Vl V1 N V to N 00 V1 N N O N �% - M M N '--. N .0o 00 l = 40 cn ;=. ¢ [W� 3 3 a VC 2 E o o C O Oa 0 rl I ' EA AE W W P. o 9Vv f�. aW a U U O Z• c � we cop Q m > -IC ig . _ V o o V O - Y N ba., N op r F . .0 2A i'r U d d A u -• c cmW 5 as 375 a 1 = mE e d a U 5n a• o 0 a c ! JI y ° o. m -o,o� o ) Z.' V, W FO a x w Q a tRS Cli 4 c a C c o...." c o c ° o d OF w U Q ' o'. W U v c ' d d o FµA1 d" a > > o aai H W W `m a .-. o a`. (x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 General Partner: New Community Development Corporation, a 501(c)(3)tax-exempt, not-for- profit entity or a subsidiary of such organization approved by NEF Sponsor/Developer: New Community Development Corporation, a 501(c)(3) tax-exempt , not- ' for-profit entity Guarantor(s): New Community Development Corporation Limited Partner: One or more investor funds, limited partnerships or limited liability companies of which NEF or its affiliate is the general partner or managing member, or NEF Assignment Corporation, as nominee, on behalf of one or more such entities. 3. Other Parties General Contractor: TBD Property Manager: TBD, Accountant: TBD Project Attorney: TBD Note: All parties must be approved by NEF 4. Project Financing A. Construction Loan. The Limited Partnership expects to receive a construction loan commitment for the Project from a lender TBD, in the amount of$2,457,802 for 24 months at a floating interest rate. B. Permanent Financing. The permanent financing on the project is as follows: (All loans are non-recourse loans, unless otherwise noted,and all financing structures must be acceptable to NEF.) Lender Lender/Source Amount Interest Rate . Term Amortization First Mortgage NIFA TCAP $1,613,780 0.0% 30 Years Cash flow only - Permanent amortizing debt must be evidenced by a fixed-rate commitment for a minimum of 16 years with terms acceptable to NEF. If the First Mortgage is backed by tax-exempt bond financing, the bond purchaser cannot be related to the Investor Member. 5. Timing Assumptions The terms and conditions of this Letter are based on the following timing assumptions: Benchmark Date Limited Partnership Closing December 1,2010 Construction Start December 1,2010 Placed In Service Date December 1, 2011 • 100%Qualified Occupancy September 1, 2012 If the timing assumptions set forth above are not met, the terms and conditions set forth in this Letter, including the purchase price, will be subject to change. 6. Tax Credits ct consists of the new construction of 27 elderly low income housing tax credit units (the"Tax Credit Units")located at Omaha,NE. Rents will be affordable to individuals with income at or below 50%of the area median income. 2. Property Ownership Limited Partnership: Salem Village II L.P. (the"Limited Partnership") 1 1 i r I N Os •ct O ^ N • :s co G{ T Ti iwa w = 0 ?z�i i•i a o — U O-'( Q E = o 4.. = A h o 0 • a `y ° m i o a=i c.J c w aJ 2 aJi o o y v ''< :: h • 5 a 8 E o ..1. o 0 y . 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N .0o 00 l = 40 cn ;=. ¢ [W� 3 3 a VC 2 E o o C O Oa 0 rl I ' EA AE W W P. o 9Vv f�. aW a U U O Z• c � we cop Q m > -IC ig . _ V o o V O - Y N ba., N op r F . .0 2A i'r U d d A u -• c cmW 5 as 375 a 1 = mE e d a U 5n a• o 0 a c ! JI y ° o. m -o,o� o ) Z.' V, W FO a x w Q a tRS Cli 4 c a C c o...." c o c ° o d OF w U Q ' o'. W U v c ' d d o FµA1 d" a > > o aai H W W `m a .-. o a`. (x,LI O 4 p a. 007 0 0 0 � z Ofn nV V nxOai Z A a F Ca F � O N CO N CDC — et et M — 'SO et N N N N N N N — N N — — • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 • We look forward to working with you and your organization in providing affordable housing in your community. Sincerely, NATIONAL EQUITY FUND, INC. 714 r , • Vice President Michael Jacobs Accepted: . B : y Its SI(P/6 Z(27---C— ./7 By: . r�'��,P/,]� DATE: ?' l Y '/(). Exhibit A- Projected Financial Information(Projections)) Exhibit B - Specified Products cc: . Lauren Schaeffer Robert Johnston • 1819 Farnam Street, Ste. 1111 • Omaha, Nebraska 68183 • , NE 68102 Chairperson Omaha/Douglas Public Building Commission MAILING LIST RECEIVED 41 - a -i/ RECEIVED BY_ 611.A e.:1J/1 i it IG MADE e`YI,4 it.2ti„ ()ATE MAILED 5 5 I/ www.dcgis.org/dogis Control No. 22437 • �(p co )' cc _� U �- a) (I) O) V lL U C cf : ' N 0 .5 C..m ' •'U W IT •9 C i C "O C J a a. 3 l4 O ..c co , :n ao)•._coo u. •E 'm a a) m m a a a) > 'SC co d o .; Nfl o = '.a C7 •- U (n Q :� CO W �' j m m o U) d . . 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I if g,% •g Z 1 gillNralarkit 1 INN DIN 1 ' WI ..' lwarz...marzu•••••'w I 1....... : V:yr, ' En • 1 F.-...--635TMfiriv....a , .. :_ -. .1i ,;i: :': 1:!: 511 1 ,, . . . 1:I 1.9,1,,,lio.i. . . , imal,, ,8, . 1, Bil . 1 laTal ii Iji3O F.‘-----r ,-••• 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. 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CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 .6F' e 2 g 2 - 9 € 9 ¢ ff�FHgt " " a' a 8/888a "" a e en g 42 i i `3 i 1 t 2 " 1 ? ,11s g 0 6F � _��A ^" 7 u f lig R dj A m VI V � s u z F �� s C\/�j Q d 573 �O< illy H � lg.. o o l 4 ! ! ! ! \ `!� y \Q+z Q �y III 'g 2 PI �t H iJi i t 1 ail fflULh <I' m r r i As E 5 si 9 , " , 5 , g ' isE �- 88 y$y¢i " n q P 6 ;I i `e 1 i Q : • 4 ■ io e " : s x§ d v si t 0 21 itiiiiiiini. 11 t f t g l' i t/ i YiPi €i b 11 111 !MIA 1 liEd li! :21 II!II 1 Ali il iliiiq ilt 40011 ilEith IIIII , '� O,IIll111 - 0 ❑ i �: /6 @ � 1§ r . ----I' '97-e--------'0 S 01' l; i S S pa 4l El r p 0 * d ills 1r g 8 Rio �� ° �� • 9 0 0 00 0 o IV ❑� j BO 0' 4 �� 1 , 14 IP ill Wiiil D ° ° � it N . D. 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'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 • J V _1 I . 2 rsi t. • . t eu lig i 1 0 . m z i a ii h I I !I a as 011 o i i % ! : LU ' '^g iti4 NM V m { I IL ❑ ❑ S his j 61i 1 i 4 !I 11$o ; 1 ./ b ii =IR . i E1 ill £ 1 11 ' iir° 111 �_ /i_ IIPOW ii = F / :1 i _i g 1 gw i 1[1 gp;! 1 l ,§ ""g Wig!m -1 11 k i lk lei 1 i jId '1 .� lb OO O CI O O • • iiarill / ► ` J • �� p • { °Rf o In • oR... { I�{°'°1 �° o1 :1I ©� J° ❑i v 0. ❑ Um p 1] • 'I o . _ ' o— Ho .,---o n ° -1 ° 9 0 °. • � ' of 0::❑ IRS ol° oL...... ,:g. i O '—"V •. E Irb J . 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Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 11111141"h .� .� n - cosyAIIIIII 11111 I1III II1II1III11111111 1001005561 Pas: 1 SALEM VILLAGE II LIMITED PRRTN • Filed: 11/17/2010 10:67 AM FIRST AMENDMENT TO THE AMENDED AND RESTATED CERTIFICATE OF_LIMITED PARTNERSHIP OF SALEM VILLAGE II LIMITED PARTNERSHIP The undersigned, SALEM VILLAGE II DEVELOPMENT,LLC (the "General Partner"), hereby makes and signs the following First Amendment to the Amended and Restated Certificate of Limited Partnership (this "Amendment") of Salem Village II Limited Partnership (the "Partnership")pursuant to Section 67-241 of the Nebraska Uniform Limited Partnership Act: 1. Name. The name of the limited partnership is Salem Village II Limited Partnership. 2. Certificate. The Amended and Restated Certificate of Limited Partnership was filed with the Secretary of State of Nebraska on July. 7, 2010 (the "Limited Partnership Certificate"). The original Certificate of Limited Partnership was filed December 2, 2008. 3. Amendment. Section 5 of the Limited.Partnership Certificate shall be deleted in its entirety and replaced with the following: 5. The Partnership shall have perpetual existence. 4. Effective Date. This Amendment shall be effective as of the date of its filing in the Office of the Secretary of State of Nebraska. ��. IN WITNESS WHEREOF, u has e=mu�t t as a'the 16 day of November,MO. I VILLAGE II $177' ,a:t . ,LLC, a Nebo Emited lady'appreay . ken Lam, r a —1 r o °, o9 p 1 LJ II 2 O ❑ © • J °hts i � �0 i to J I o O 0 -,I 1 ! iiil it [L_.. ......,_.____JAI IIMIEll •El Lii I I � o 111 ::-°4"--w.: r, .: • • . .I- 41- 4.. I ll . -d4N 1 i E-1.1 .1.01 -i 4 1 ; !.....,,111v174_.,.! •-• 11161.f•eac i I 11 1 I li. 1 11-101 1-1611. at, k. . i litil Ell ;',1,81 • H 1 1 • 1 p01 li p; i 1 q .. , •,71p, , ,......... % : I 111161111111e13:1•Eto. I if g,% •g Z 1 gillNralarkit 1 INN DIN 1 ' WI ..' lwarz...marzu•••••'w I 1....... : V:yr, ' En • 1 F.-...--635TMfiriv....a , .. :_ -. .1i ,;i: :': 1:!: 511 1 ,, . . . 1:I 1.9,1,,,lio.i. . . , imal,, ,8, . 1, Bil . 1 laTal ii Iji3O F.‘-----r ,-••• 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. ' Cligil : 11,1111:.192 ...1.I Ilinigrillria-•.- -' H t z ' ‘• ' Ili .. ; 'F:1111.1 imaitmEmoilitts.,..1...ow 114D • m . 1-z° . ,E, ,,,°&..;mit,,,,i;•R.EIF-1 .L. ,...---:-.3,-.7.-...--:• "•"'" • ;kill I I!I Ii 1! • • I1 i I i-- A I =V 1 1 i I•1.1 •• 4 < k .•°' (I'll 1 ..' ! IIMI i li, l,l .'CD 11 . L.I.,,u... 1 1 , •:,.•, ,1 i 4: •Ir • ,. , , ,,., :' d . . I'Mr 4) 11 I", • • • d -,1 . . . •i • 0 : iz . :I ;7'• T t 9 t . - , i 4D CD CD •,, • 8 s) . • .€d . d 1 d .r .d 08 0 .F d .1tri 1 d Si . d • . -I- • . . . • • . . • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 ., STATE OF \ -7/,� ,6", NEBRASKA oar i United States of America, , h Departnsent of State State of Nebraska u• rri6"` Lincoln,Nebraska I,John A. Gale,.Secretary of State of Nebraska-do hereby certify; SALEM VILLAGE II LIiVi ED PARTNERSHIP with registered office located in OM.AHA,Nebraska, flied a Certificate of Limited Partnership in this office on December.2, 2008.. ' I further certify that said limited partnership is in existence as of this date. In Testimony.Whereof, I have hereunto set my hand and affixed the Great Seal of the State of Nebraska on October 21,2009. . 'C 'teP 7 awe,,,.- ,e® SECRETARY OF STATE �.�La' ' F oo ff (r' °, //�� J 1 v1 5 �ii F a v -o.1.z5. �r n 11 !`r' .1 '-ate. (Lt YZ L�YIy,[e5'l,�f�t,.7J Y . �I r�y ' ;; „ C .,�.-T.' ,1 This certificate is not to be construed as an endorsetnent, 1 r ^,.,� i 1, ^ ' / .'_. recommendation, or notice of approval of the entity's :. .I ,- �6� financial condition or business activities and practices. -. 3\‘\,. 1?Ca 1 1.' l � v shall have perpetual existence. 4. Effective Date. This Amendment shall be effective as of the date of its filing in the Office of the Secretary of State of Nebraska. ��. IN WITNESS WHEREOF, u has e=mu�t t as a'the 16 day of November,MO. I VILLAGE II $177' ,a:t . ,LLC, a Nebo Emited lady'appreay . ken Lam, r a —1 r o °, o9 p 1 LJ II 2 O ❑ © • J °hts i � �0 i to J I o O 0 -,I 1 ! iiil it [L_.. ......,_.____JAI IIMIEll •El Lii I I � o 111 ::-°4"--w.: r, .: • • . .I- 41- 4.. I ll . -d4N 1 i E-1.1 .1.01 -i 4 1 ; !.....,,111v174_.,.! •-• 11161.f•eac i I 11 1 I li. 1 11-101 1-1611. at, k. . i litil Ell ;',1,81 • H 1 1 • 1 p01 li p; i 1 q .. , •,71p, , ,......... % : I 111161111111e13:1•Eto. I if g,% •g Z 1 gillNralarkit 1 INN DIN 1 ' WI ..' lwarz...marzu•••••'w I 1....... : V:yr, ' En • 1 F.-...--635TMfiriv....a , .. :_ -. .1i ,;i: :': 1:!: 511 1 ,, . . . 1:I 1.9,1,,,lio.i. . . , imal,, ,8, . 1, Bil . 1 laTal ii Iji3O F.‘-----r ,-••• 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. ' Cligil : 11,1111:.192 ...1.I Ilinigrillria-•.- -' H t z ' ‘• ' Ili .. ; 'F:1111.1 imaitmEmoilitts.,..1...ow 114D • m . 1-z° . ,E, ,,,°&..;mit,,,,i;•R.EIF-1 .L. ,...---:-.3,-.7.-...--:• "•"'" • ;kill I I!I Ii 1! • • I1 i I i-- A I =V 1 1 i I•1.1 •• 4 < k .•°' (I'll 1 ..' ! IIMI i li, l,l .'CD 11 . L.I.,,u... 1 1 , •:,.•, ,1 i 4: •Ir • ,. , , ,,., :' d . . I'Mr 4) 11 I", • • • d -,1 . . . •i • 0 : iz . :I ;7'• T t 9 t . - , i 4D CD CD •,, • 8 s) . • .€d . d 1 d .r .d 08 0 .F d .1tri 1 d Si . d • . -I- • . . . • • . . • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 r Chairperson Beard of Commissioners Douglas County •LC2 Civic Center 1819 Farnam Street Omaha, NE 68183-0001 Chairperson Omaha Public Schools 3215 Cuming Street Omaha, NE 68131 Chairperson Board of Governors Metropolitan Community College 3000 Fort Street Omaha, NE 68111 Chairperson Board of Directors Papio Natural Resources District 8901 South 154th Street Omaha, NE 68138 President Educational Services Unit 1 3215 Cuming Street Omaha, NE 68131 Chairperson Metropolitan Utilities District 1723 Harney Street Omaha, NE 68102 Chairperson Metro Area Transit Authority 2222 Cuming Street Omaha, NE 68102 Chairperson Omaha/Douglas Public Building Commission AAIAILING LIST RECEIVED RECEIVED BY_ .. 0,N I tG MACE e ()ATE MAILED 5-'5 / / ()ATE MAILED 5 5 I/ www.dcgis.org/dogis Control No. 22437 •y' OMhHA, J City ofOmaha, fAlebraska �AL .R1' '` 'e 14' Mirifir/c 1819 Farnam—Suite LC 1 ,4r, V co Omaha, Nebraska 68183-0112 0 �. ;• Buster Brown (402) 444-5550 A � City Clerk FAX (402) 444=5263 o 'i‘ED FEBR9.��4 "NOTICE TO TAXING AUTHORITY" Notice is hereby given that the Omaha City Council has set Tuesday, May 24, 2011 at 2:00 p.m. as the date of Public Hearing on the Salem Village II Limited Partnership Tax Increment Financing Redevelopment Project Plan. The Salem Village 11 Limited Partnership project plan proposes Phase II of the Salem Village Senior Housing Project at the Miami Heights Senior Development located at 3520 Lake Street and contemplates a new 3-story mid-rise residential housing building with underground parking comprised of 27 two-bedroom affordable senior living units. There will be nine units per floor, one of which will be fully handicap accessible. Tax Increment Financing in an amount up to $180,000.00 will be used to offset the costs of site development, architectural and engineering costs, and any public improvements as may be required. The total cost of the project is estimated to be $5,416,993.00. A copy of said plan is available for public inspection in the City Clerk's Office. Public Hearing will be held before the City Council of the City of Omaha, in the Legislative Chambers, Omaha/Douglas Civic Center, 1819 Farnam Street, Omaha, Nebraska. Buster Brown City Clerk LAGE II $177' ,a:t . ,LLC, a Nebo Emited lady'appreay . ken Lam, r a —1 r o °, o9 p 1 LJ II 2 O ❑ © • J °hts i � �0 i to J I o O 0 -,I 1 ! iiil it [L_.. ......,_.____JAI IIMIEll •El Lii I I � o 111 ::-°4"--w.: r, .: • • . .I- 41- 4.. I ll . -d4N 1 i E-1.1 .1.01 -i 4 1 ; !.....,,111v174_.,.! •-• 11161.f•eac i I 11 1 I li. 1 11-101 1-1611. at, k. . i litil Ell ;',1,81 • H 1 1 • 1 p01 li p; i 1 q .. , •,71p, , ,......... % : I 111161111111e13:1•Eto. I if g,% •g Z 1 gillNralarkit 1 INN DIN 1 ' WI ..' lwarz...marzu•••••'w I 1....... : V:yr, ' En • 1 F.-...--635TMfiriv....a , .. :_ -. .1i ,;i: :': 1:!: 511 1 ,, . . . 1:I 1.9,1,,,lio.i. . . , imal,, ,8, . 1, Bil . 1 laTal ii Iji3O F.‘-----r ,-••• 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. ' Cligil : 11,1111:.192 ...1.I Ilinigrillria-•.- -' H t z ' ‘• ' Ili .. ; 'F:1111.1 imaitmEmoilitts.,..1...ow 114D • m . 1-z° . ,E, ,,,°&..;mit,,,,i;•R.EIF-1 .L. ,...---:-.3,-.7.-...--:• "•"'" • ;kill I I!I Ii 1! • • I1 i I i-- A I =V 1 1 i I•1.1 •• 4 < k .•°' (I'll 1 ..' ! IIMI i li, l,l .'CD 11 . L.I.,,u... 1 1 , •:,.•, ,1 i 4: •Ir • ,. , , ,,., :' d . . I'Mr 4) 11 I", • • • d -,1 . . . •i • 0 : iz . :I ;7'• T t 9 t . - , i 4D CD CD •,, • 8 s) . • .€d . d 1 d .r .d 08 0 .F d .1tri 1 d Si . d • . -I- • . . . • • . . • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 CASE: C3-11-054 7 APPLICANT: Planning Board on behalf of the City of Omaha REQUEST: Approval of the.SALEM VILLAGE II LIMITED PARTNERSHIP REDEVELOPMENT PROJECT PLAN LOCATION: 3520 Lake Street . SUBJECT AREA IS SHADED -APRIL 2011 R5:35) R5(35) R5 35 o / Ii ,Iii-I- .• R5 R5(35) , IS GC R5(35) /1111 IiII::IT R7 ■ tl ■ ■ 1' 1 . .■ ■ ■ . . / R5(35) Ili . ,/ . BE ..,, ,,, ,,:o7ii ." ' . ' .i� r ^.�-. o- ---- ---------- - --- - - -- - - - -- - R5(35). t ! GC c i L-a ke--St--- - _._. . . . GI R7 R• R5(35) ; Uj . Er-skive-St--- -Er-s-k-ine St----i R7 • ".. ll � . Eliz 11 ro i; In . . sR5(35) -4. -'- R5(35) N • 0 800 r . .� �.� • Feet lan is available for public inspection in the City Clerk's Office. Public Hearing will be held before the City Council of the City of Omaha, in the Legislative Chambers, Omaha/Douglas Civic Center, 1819 Farnam Street, Omaha, Nebraska. Buster Brown City Clerk LAGE II $177' ,a:t . ,LLC, a Nebo Emited lady'appreay . ken Lam, r a —1 r o °, o9 p 1 LJ II 2 O ❑ © • J °hts i � �0 i to J I o O 0 -,I 1 ! iiil it [L_.. ......,_.____JAI IIMIEll •El Lii I I � o 111 ::-°4"--w.: r, .: • • . .I- 41- 4.. I ll . -d4N 1 i E-1.1 .1.01 -i 4 1 ; !.....,,111v174_.,.! •-• 11161.f•eac i I 11 1 I li. 1 11-101 1-1611. at, k. . i litil Ell ;',1,81 • H 1 1 • 1 p01 li p; i 1 q .. , •,71p, , ,......... % : I 111161111111e13:1•Eto. I if g,% •g Z 1 gillNralarkit 1 INN DIN 1 ' WI ..' lwarz...marzu•••••'w I 1....... : V:yr, ' En • 1 F.-...--635TMfiriv....a , .. :_ -. .1i ,;i: :': 1:!: 511 1 ,, . . . 1:I 1.9,1,,,lio.i. . . , imal,, ,8, . 1, Bil . 1 laTal ii Iji3O F.‘-----r ,-••• 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. ' Cligil : 11,1111:.192 ...1.I Ilinigrillria-•.- -' H t z ' ‘• ' Ili .. ; 'F:1111.1 imaitmEmoilitts.,..1...ow 114D • m . 1-z° . ,E, ,,,°&..;mit,,,,i;•R.EIF-1 .L. ,...---:-.3,-.7.-...--:• "•"'" • ;kill I I!I Ii 1! • • I1 i I i-- A I =V 1 1 i I•1.1 •• 4 < k .•°' (I'll 1 ..' ! IIMI i li, l,l .'CD 11 . L.I.,,u... 1 1 , •:,.•, ,1 i 4: •Ir • ,. , , ,,., :' d . . I'Mr 4) 11 I", • • • d -,1 . . . •i • 0 : iz . :I ;7'• T t 9 t . - , i 4D CD CD •,, • 8 s) . • .€d . d 1 d .r .d 08 0 .F d .1tri 1 d Si . d • . -I- • . . . • • . . • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 V 4 THE DAILY RECORD --`" J OF OMAHA • RONALD A. HENNINGSEN, Publisher PROOF OF PUBLICATION UNITED STATES OF AMERICA, The State of Nebraska, ss. District of Nebraska, County of Douglas, City of Omaha, J.BOYD being duly sworn,deposes and says that she is LEGAL EDITOR of THE DAILY RECORD, of Omaha, a legal newspaper, printed and published daily in the English language, having a bona fide paid circulation in Douglas County in excess of 300 copies, printed in Omaha,in said County of Douglas,for more than fifty-two weeks last past; that the printed notice hereto attached was published in THE DAILY RECORD,of Omaha,on May 5 and May 12, 2011 I That_ssaaid:Neye aper during that time was arly published and in ge al,citic*I4t0 in the County of Dougl . a • of Nebraska. c• 'EN E Rqz'F� �� Subscribed in my pi.ceeaand sworn to bef. • NOTARY 10b6s11 ,SIGN$ 16NT. 4 me this 12th .<y if • EXPIRES dditipnal Copies $ Ma - 0 9TF OF NV-2) Notary Public i . f• D • s ►, St, • ebra°�a f Omaha, in the Legislative Chambers, Omaha/Douglas Civic Center, 1819 Farnam Street, Omaha, Nebraska. Buster Brown City Clerk LAGE II $177' ,a:t . ,LLC, a Nebo Emited lady'appreay . ken Lam, r a —1 r o °, o9 p 1 LJ II 2 O ❑ © • J °hts i � �0 i to J I o O 0 -,I 1 ! iiil it [L_.. ......,_.____JAI IIMIEll •El Lii I I � o 111 ::-°4"--w.: r, .: • • . .I- 41- 4.. I ll . -d4N 1 i E-1.1 .1.01 -i 4 1 ; !.....,,111v174_.,.! •-• 11161.f•eac i I 11 1 I li. 1 11-101 1-1611. at, k. . i litil Ell ;',1,81 • H 1 1 • 1 p01 li p; i 1 q .. , •,71p, , ,......... % : I 111161111111e13:1•Eto. I if g,% •g Z 1 gillNralarkit 1 INN DIN 1 ' WI ..' lwarz...marzu•••••'w I 1....... : V:yr, ' En • 1 F.-...--635TMfiriv....a , .. :_ -. .1i ,;i: :': 1:!: 511 1 ,, . . . 1:I 1.9,1,,,lio.i. . . , imal,, ,8, . 1, Bil . 1 laTal ii Iji3O F.‘-----r ,-••• 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. ' Cligil : 11,1111:.192 ...1.I Ilinigrillria-•.- -' H t z ' ‘• ' Ili .. ; 'F:1111.1 imaitmEmoilitts.,..1...ow 114D • m . 1-z° . ,E, ,,,°&..;mit,,,,i;•R.EIF-1 .L. ,...---:-.3,-.7.-...--:• "•"'" • ;kill I I!I Ii 1! • • I1 i I i-- A I =V 1 1 i I•1.1 •• 4 < k .•°' (I'll 1 ..' ! IIMI i li, l,l .'CD 11 . L.I.,,u... 1 1 , •:,.•, ,1 i 4: •Ir • ,. , , ,,., :' d . . I'Mr 4) 11 I", • • • d -,1 . . . •i • 0 : iz . :I ;7'• T t 9 t . - , i 4D CD CD •,, • 8 s) . • .€d . d 1 d .r .d 08 0 .F d .1tri 1 d Si . d • . -I- • . . . • • . . • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 ✓� 4 "NOTICE TO PUBLIC" NOTICE OF PUBLIC HEARING ON THE SALEM i VILLAGE II LIMITED PARTNERSHIP TAX Proof of publication INCREMENT FINANCING REDEVELOPMENT , PROJECT PLAN r Notice is hereby given that the Omaha City Council has set Tuesday,May 24,2011 at 2:00 p.m. as the date of Public Hearing on the Salem i VillageaiIIg ed Tax lan. AFFIDAVIT i meet Financing Redevelopment Project Pplapn. The plain proposes PhaseiII of Partnership he SalemiVillagge Senior Housing Project at the Miami Heights Senior Development located at st20or Lake State of Nebraska, County of Douglas, ss: Street and contemplates a new 3-story mid- rise residential housing building with under- ground parking comprised of 27 two-bedroom affordablei pernfloor,vone units. f whichhwill wille handicap accessible. Tax Increment Financing April Christenson, being duly sworn, deposes and says that he/she is an in an amount up to$180 000.00 will be used to offset the costs of site development,architec- tural and engineering costs,and any public im- employee ee of The Omaha World-Herald, a legal daily newspaper printed and provements as may be required. The total cost of the project is estimated to be$5,416,993.00. published in the county of Douglas and State of Nebraska, and of general A copy of said plan Is available for public in- circulation in the Counties of Douglas,and Sarpy and State of Nebraska,and that spection in the City Clerk's Office. Public uli Council Hearingo i will a held ibefore f o Letghelatity the attached printed notice was published in the said newspaper on the 5th& 12th ve Chambers,Omaha/Douglas Civic Center,1819 Farnam Street,Omaha,Nebraska. of May,2011, and that said newspaper is a legal newspaper under the statutes of Buster City Clerk n the State of Nebraska. The above facts are within my personal knowledge. The ALL REQUESTS FOR SIGN LANGUAGE INTERPRET- ERS (SIGNERS) WILL REQUIRE A MINIMUM OF Omaha World-Herald has an average circulation of 153,944 Daily and 188,810 48 HOURS ADVANCE NOTICE. IF ALTERNATIVE , FORMATS ARE NEEDED ALL REQUESTS WILL RE- QUIRE A MINIMUM OF 72 HOURS ADVANCE NO- Sunday,in 2011. TICE. PLEASE NOTIFY CINDY FORD THINNES - 444-5553,IF ARRANGEMENTS NEED TO BE MADE. I (Signed) "__, Title:Account Executive • Su scribed in my presence and sworn to before me this /a4 day of ��j( ,2011. G.5$6..sENERAL NOTARY-State of Nebraska I i MARCIA A GUSTAFSON • Or- My Comm.Exp.tune 30,2012 Notary Public Printer's Fee$ Affidavit Paid By • :1•• .1- ..'.t i I' I • • 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. ' Cligil : 11,1111:.192 ...1.I Ilinigrillria-•.- -' H t z ' ‘• ' Ili .. ; 'F:1111.1 imaitmEmoilitts.,..1...ow 114D • m . 1-z° . ,E, ,,,°&..;mit,,,,i;•R.EIF-1 .L. ,...---:-.3,-.7.-...--:• "•"'" • ;kill I I!I Ii 1! • • I1 i I i-- A I =V 1 1 i I•1.1 •• 4 < k .•°' (I'll 1 ..' ! IIMI i li, l,l .'CD 11 . L.I.,,u... 1 1 , •:,.•, ,1 i 4: •Ir • ,. , , ,,., :' d . . I'Mr 4) 11 I", • • • d -,1 . . . •i • 0 : iz . :I ;7'• T t 9 t . - , i 4D CD CD •,, • 8 s) . • .€d . d 1 d .r .d 08 0 .F d .1tri 1 d Si . d • . -I- • . . . • • . . • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 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CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 C-25A CITY OF OMAHA rn LEGISLATIVE CHAMBER Omaha,Nebraska RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA: WHEREAS, the primary objectives of the City of Omaha's Master Plan and Community Development Program are to encourage additional private investment and infill development within inner-city neighborhoods; and to eliminate conditions which are detrimental to public health, safety and welfare, by developing vacant, underutilized property within these neighborhoods; and, WHEREAS, the redevelopment project site located at 3520 Lake Street is within an area declared blighted and substandard and in need of redevelopment; and, WHEREAS, the Salem Village II Partnership Tax Increment Financing (TIF) Redevelopment Project Plan for the redevelopment project site was approved by the City of Omaha Planning Board at their April 6,2011 meeting and approved by the TIF Committee; and, WHEREAS, the project site for the Salem Village II Partnership Tax Increment Financing Project Plan is located at 3520 Lake Street (see Exhibit "A" for complete legal description); and, WHEREAS, the Salem Village II Partnership Tax Increment Financing Project Plan proposes Phase II of the Salem Village Senior Housing Project at the Miami Heights Senior Development and contemplates a new 3-story, mid-rise, residential housing building with underground parking comprised of 27 two-bedroom affordable, senior living units as described in Exhibit"B", attached hereto and made a part hereof; and, WHEREAS, this Resolution seeks the approval of the Salem Village II Partnership Tax Increment Financing Redevelopment Project Plan which recommends the City's participation through the allocation of Tax Increment Financing (TIF) in an amount up to $180,000.00 to offset the costs of site development, architectural and engineering costs, and any public improvements as may be required; total project cost estimates are $5,416,993.00 with TIF eligible costs of$286,932.00; and, WHEREAS, the Plan presents a project based on estimated figures and projections that are subject to change as project costs are finalized; and, By Councilmember Adopted City Clerk Approved Mayor FORMATS ARE NEEDED ALL REQUESTS WILL RE- QUIRE A MINIMUM OF 72 HOURS ADVANCE NO- Sunday,in 2011. TICE. PLEASE NOTIFY CINDY FORD THINNES - 444-5553,IF ARRANGEMENTS NEED TO BE MADE. I (Signed) "__, Title:Account Executive • Su scribed in my presence and sworn to before me this /a4 day of ��j( ,2011. G.5$6..sENERAL NOTARY-State of Nebraska I i MARCIA A GUSTAFSON • Or- My Comm.Exp.tune 30,2012 Notary Public Printer's Fee$ Affidavit Paid By • :1•• .1- ..'.t i I' I • • 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. ' Cligil : 11,1111:.192 ...1.I Ilinigrillria-•.- -' H t z ' ‘• ' Ili .. ; 'F:1111.1 imaitmEmoilitts.,..1...ow 114D • m . 1-z° . ,E, ,,,°&..;mit,,,,i;•R.EIF-1 .L. ,...---:-.3,-.7.-...--:• "•"'" • ;kill I I!I Ii 1! • • I1 i I i-- A I =V 1 1 i I•1.1 •• 4 < k .•°' (I'll 1 ..' ! IIMI i li, l,l .'CD 11 . L.I.,,u... 1 1 , •:,.•, ,1 i 4: •Ir • ,. , , ,,., :' d . . I'Mr 4) 11 I", • • • d -,1 . . . •i • 0 : iz . :I ;7'• T t 9 t . - , i 4D CD CD •,, • 8 s) . • .€d . d 1 d .r .d 08 0 .F d .1tri 1 d Si . d • . -I- • . . . • • . . • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010 G25A CITY OF OMAHA s LEGISLATIVE CHAMBER Omaha,Nebraska Page 2 N. WHEREAS, Section 18-2108 of the Nebraska Revised Statutes require the City of Omaha to adopt a redevelopment plan before taking an active part in a redevelopment project; including the division of ad valorem taxes for a period not to exceed fifteen years under Sections 18-2147 through 18-2150, Revised Statutes of Nebraska; and, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA: THAT, the attached Salem Village II Partnership Tax Increment .Financing Project Plan proposing Phase II of the Salem Village Senior Housing Project at the Miami Heights Senior Development located at 3520 Lake Street and contemplates a new 3-story, mid- rise, residential housing building with underground parking comprised of 27 two-bedroom affordable, senior living units recommends the City's participation through the allocation of Tax Increment Financing (TIF) in an amount up to $180,000.00 to offset the costs of site development, architectural and engineering costs, and any public improvements as may be required; and, total project cost estimates are $5,416,993.00 with TIF eligible costs of ' $286,932.00, prepared by the Omaha City Planning Department, containing a provision for the division of ad valorem taxes under Section 18-2147 through 18-2150, Revised Statutes of Nebraska, as recommended by the City Planning Department,be and hereby is approved. APPROVED AS TO FORM: C t , P22i1 1,CITY ATTORNEY DA E Plnlsf1522-res By ,g4.7 Councilmember Adopted MAY c2 4: 2011 '7 - D _' s �' City C rk � / Approved,, J:., ,•.. = ayor up to $180,000.00 to offset the costs of site development, architectural and engineering costs, and any public improvements as may be required; total project cost estimates are $5,416,993.00 with TIF eligible costs of$286,932.00; and, WHEREAS, the Plan presents a project based on estimated figures and projections that are subject to change as project costs are finalized; and, By Councilmember Adopted City Clerk Approved Mayor FORMATS ARE NEEDED ALL REQUESTS WILL RE- QUIRE A MINIMUM OF 72 HOURS ADVANCE NO- Sunday,in 2011. TICE. PLEASE NOTIFY CINDY FORD THINNES - 444-5553,IF ARRANGEMENTS NEED TO BE MADE. I (Signed) "__, Title:Account Executive • Su scribed in my presence and sworn to before me this /a4 day of ��j( ,2011. G.5$6..sENERAL NOTARY-State of Nebraska I i MARCIA A GUSTAFSON • Or- My Comm.Exp.tune 30,2012 Notary Public Printer's Fee$ Affidavit Paid By • :1•• .1- ..'.t i I' I • • 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. ' Cligil : 11,1111:.192 ...1.I Ilinigrillria-•.- -' H t z ' ‘• ' Ili .. ; 'F:1111.1 imaitmEmoilitts.,..1...ow 114D • m . 1-z° . ,E, ,,,°&..;mit,,,,i;•R.EIF-1 .L. ,...---:-.3,-.7.-...--:• "•"'" • ;kill I I!I Ii 1! • • I1 i I i-- A I =V 1 1 i I•1.1 •• 4 < k .•°' (I'll 1 ..' ! IIMI i li, l,l .'CD 11 . L.I.,,u... 1 1 , •:,.•, ,1 i 4: •Ir • ,. , , ,,., :' d . . I'Mr 4) 11 I", • • • d -,1 . . . •i • 0 : iz . :I ;7'• T t 9 t . - , i 4D CD CD •,, • 8 s) . • .€d . d 1 d .r .d 08 0 .F d .1tri 1 d Si . d • . -I- • . . . • • . . • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 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Ali O O' 5 °• °tn' �' CCD NI Gs A lij N 00 ''v4 O C° CD " ,may OQ r+ �• fl. cr $4 p A p' �G o. c° 0 2, ua o �- o ^. A a r. }� v) m C sw 'TJ A N Q. a) .r f O., . 4. z .. IV `Ct 3 y r, w c o m c° o o. ° w o 0 w o u) A., 0 .... cm \ & = _ } • _ 11111 \ hci tV N ° = oNo v, .� �' O lD. O O N O _ rr A it O = ° Etcp 0, p v4 A A A A� OO, `+ O pp p„U� w Lo A CM CD CD Ti '-3 'Cl.: pp co V A v � UQ Z N <. N cy, O Y cn y in' -tz Po AD w .rt O 20 ,� c° = O A 0 0 = O Fr r Q :�V r' cn =". CI—. n. o co o° %G . o = -Ivo -. a. .1vovo -5 1,•,. 1..• . LzL-k fi0� \� 1 prepared by the Omaha City Planning Department, containing a provision for the division of ad valorem taxes under Section 18-2147 through 18-2150, Revised Statutes of Nebraska, as recommended by the City Planning Department,be and hereby is approved. APPROVED AS TO FORM: C t , P22i1 1,CITY ATTORNEY DA E Plnlsf1522-res By ,g4.7 Councilmember Adopted MAY c2 4: 2011 '7 - D _' s �' City C rk � / Approved,, J:., ,•.. = ayor up to $180,000.00 to offset the costs of site development, architectural and engineering costs, and any public improvements as may be required; total project cost estimates are $5,416,993.00 with TIF eligible costs of$286,932.00; and, WHEREAS, the Plan presents a project based on estimated figures and projections that are subject to change as project costs are finalized; and, By Councilmember Adopted City Clerk Approved Mayor FORMATS ARE NEEDED ALL REQUESTS WILL RE- QUIRE A MINIMUM OF 72 HOURS ADVANCE NO- Sunday,in 2011. TICE. PLEASE NOTIFY CINDY FORD THINNES - 444-5553,IF ARRANGEMENTS NEED TO BE MADE. I (Signed) "__, Title:Account Executive • Su scribed in my presence and sworn to before me this /a4 day of ��j( ,2011. G.5$6..sENERAL NOTARY-State of Nebraska I i MARCIA A GUSTAFSON • Or- My Comm.Exp.tune 30,2012 Notary Public Printer's Fee$ Affidavit Paid By • :1•• .1- ..'.t i I' I • • 1-1-.11i 1.1 - g!CD . : , vm.roli.2.1 1! ! - •!iH . '-: :•••.,0; I • .:::.;•nal pool V14!131._] M 2 - — _ 1--- ..4-i.N.i. 61 • . 2 itii-4.:;• liciiiipmg77. • ,ti. . :. '4) I .7.i MECUM . • , 8_ -NI El . . ._ __. miE .,..1• • 1 gnu*.rir. • ri 2 NM ' .' i 1 I NI mast 1 la--11,Iowa'•718....11 1 . i , .! '''''1 ' - . . .. . ,.„ - :Idi• • la), N i\LQ 1 ,, :I via t CCU csa IIMINIII .;1 CIO , I.• , 1 ' h 1 Q ,, •••, •,,i,„. 1 . .:,. ..• 1 , ,-f:--€.1i-giiia--_--:.! tml 1_11%i' le ,. .,,. L . Di. ,,-,.. ..,,:T. . • 11 . ._____.___ .1;:, _,,,.,...1.. ' Cligil : 11,1111:.192 ...1.I Ilinigrillria-•.- -' H t z ' ‘• ' Ili .. ; 'F:1111.1 imaitmEmoilitts.,..1...ow 114D • m . 1-z° . ,E, ,,,°&..;mit,,,,i;•R.EIF-1 .L. ,...---:-.3,-.7.-...--:• "•"'" • ;kill I I!I Ii 1! • • I1 i I i-- A I =V 1 1 i I•1.1 •• 4 < k .•°' (I'll 1 ..' ! IIMI i li, l,l .'CD 11 . L.I.,,u... 1 1 , •:,.•, ,1 i 4: •Ir • ,. , , ,,., :' d . . I'Mr 4) 11 I", • • • d -,1 . . . •i • 0 : iz . :I ;7'• T t 9 t . - , i 4D CD CD •,, • 8 s) . • .€d . d 1 d .r .d 08 0 .F d .1tri 1 d Si . d • . -I- • . . . • • . . • 1. Caly; s3 a sc O E0 a o o 0w ` w'-s ° •a.' w O H 4 h-i W 0 oo ) A . v IE i lb W V " � W ` > V 3c4 p FA FW >52 U 13 . vi b 0 A hfv: o '>,P. c >,e > 03 W P h .x u E 0 0nF ai a pI•"• 4 o o g g V Z T ° o. . a u W QF F.:,F o u .o oIt)o i° o or wFOpS E x W . .1 45 4 V ay' oQ p . � A• ;4° aGL a La PS, 'v 0y W :11ti CD a r E • e g t q° E F ovs da � o„ F o O . 'al-i a o a a ' aaE 'p;, S o a WU.e O 4 g go0 a2Ua Ov, cn cnncnx0a4 4 A a F' (21 F F QF 0 V Ca W 0 CD O Cp.-CD N Cp M O 7 O 0 C d H'm" 0 0 _ O .- N M Ti Cl) CO N CO 0 0 ' `-'`-Ti•• O m N E a I � uEE'�y O I'id•m uo m CL Q Z O..p-�C. 2 L m m m () , d m c m co p D > Co CO CO CO CO CO CO CO CO 63 CO 69 CO CO CO 69 CO CO CO CO CO 69 CO CO CO CO V3 CO CO CO CO E V N C C O CO—CO N CO CO CO V CO CO CO CO CO)-uO CO u)C)CO O O. 'u)N u)CO CO 9'O CO C d N CoO.O O Y- OV ci v ui OO n CO 6 O'- W W`-'ri W Ni`'' - O O O E 0 N ca v m a c H :E ° Co mLL$ S • a I ' 1' o °t- m • n O F•u to 0 c O 0 D 0 Z m lv co o or inspecting, the same manner specified in 4.11.2 above. CLIENT noting, observing, correcting, or reporting on health or agrees to pay CONSULTANT the fair market value of any Std S Ciiet Agree September 2010