Sunrise of Oceanside NY Propco, LLC
DRAFT PILOT COUNTER PROPOSAL
374 Atlantic Avenue
Oceanside, NY 11572

Current Tax Information: 
Section; 38, Block: 400, Lots: 465, 476
Parcels: 2
SD- Oceanside

Current Total Taxes Year: $134,757.14
Estimated Taxes Once Built: $597,263.06

Year					Total
1	       $135,000.00
2	       $135,000.00
3	       $135,000.00
4	       $225,000.00
5	       $250,000.00
6	       $275,000.00
7	       $290,000.00
8	       $305,000.00
9	       $375,000.00
10	       $450,000.00
11	       $598,000.00
12	       $610,000.00
13	       $625,000.00
14	       $640,000.00
15	       $655,000.00

The continuation of the PILOT Agreement beyond year 15 is predicated upon the continued job compliance commitments agreed to by the Company and as expressed in the application submitted to the Agency and the Lease Agreement and the Recapture Agreement.

16	     $665,000.00
17                                                 $675,000.00
18                                                 $700,000.00
      19                                                 $725,000.00
20                                                 $735,000.00

3/31/22 – DRAFT
This Pilot has NOT been approved by the Hempstead IDA Board 
4/4/22 – DRAFT Counter 
4/4/22 – SECOND DRAFT COUNTER