Inwood Property Development, LLC
Project: 2802-21-21A
PILOT

Section; 40, Block: 157, Lots: 2, 212, 214, 615, 616, 623
Parcels: 6
SD- Lawrence
Previous  Tax Information (During Initial Application): $64,616.60
Current Tax Information: $57,785.08
Land Only Value as per Opinion Letter: $42,945
Estimated Taxes Once Built: $150,000.00

Year					Total
1	              $42,945.00
2	              $42,945.00
3	              $42,945.00
4	               $65,000.00
5	               $70,000.00
6	               $75,000.00
7	               $80,000.00
8	               $85,000.00
9	               $95,000.00
10	             $100,000.00
11	             $115,000.00
12	             $125,000.00
13	             $135,000 .00
14	             $145,000.00
15	             $155,000.00
16	             $165,000.00
17	             $175,000.00
18	             $180,000.00
19	             $190,000.00
20	             $200,000.00

1/11/22 - DRAFT
1/12/22 – SECOND DRAFT
1/12/22 – THIRD DRAFT
2/24/22 – AUTHORIZED
7/11/23 – RE-AUTHORIZED
This Pilot has been approved by the Hempstead IDA Board