Parabit Realty, LLC &  Parabit Systems, INC
Project: 2802-21-22A
DRAFT PILOT
EXTENSION

Section; 55, Block: 415, Lots: 260 (261), 1, & 2
Parcels: 3
SD- Roosevelt
Lots: 260 and 261 are currently within an IDA PILOT
Current PILOT Payments Remaining: 
2022 Gen/2021-2022 School $81,451.00
2023 Gen/2022-2023 School $84,709.00
Current Taxes if property was not within a PILOT/previously owned by TOH: $104,427.74
Estimated As Built Taxes: $125,000.00

Year					Total
Current Year     
2022 Gen/2021-2022 School                      $81,451.00

1	              $84,709.00
2	              $84,709.00
3	              $84,709.00
4	              $91,327.00
5	            $100,000.00
6	            $105,000.00
7	            $110,000.00
8	            $120,000.00
9	            $130,000.00
10	            $140,000.00
11	            $145,000.00

1/11/22 – DRAFT
1/14/22 – SECOND DRAFT
This Pilot has NOT been approved by the Hempstead IDA Board