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04-06-15 Meeting of the La Porte Development Corporation Board of Directors
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04-06-15 Meeting of the La Porte Development Corporation Board of Directors
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4/8/2015 9:58:57 AM
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La Porte TX
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Agenda PACKETS
Date
4/6/2015
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Regression Analysis <br />regression analysis <br />s best estimate using to tie together <br />all the columns of data. Important assumptions of the formulas are as follows: <br /> five <br />Retail projects are times (5x) more valuable to the community than industrial projects. For reference, <br />Tax Abatement Policy <br />please see page #6 of enclosed . <br /> <br /> not <br /> equal to every other project type. Therefore, each p <br />priority is included in the formula. <br /> <br />Project's <br />ject is <br />Project's 10 Year Tax or PILOT Revenue <br /> <br /> <br />Project's Multiplier Value (Up to 4) <br /> <br /> <br />smaller, more manageable, and easier to compare. <br /> <br /> <br /> <br />For all Retail, Restaurant, Re-Development, and Waterfront Projects, <br />Project's PRIORITY Value (Up to 10) <br /> <br /> <br /> times <br />Project's 10 Year Tax <br /> <br />times <br /> <br /> <br />divided by <br /> 1 million <br /> <br />For all Industry and Office Projects: <br /> <br /> <br /> times <br /> <br /> <br />times <br /> <br /> <br />divided by <br /> 1 million <br /> <br />Estimated Incentive Value <br /> <br />
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