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BLADC 2020 Program Spring-Fall 2008 <br /> Baxter Industrial Park Abbreviated Data <br /> Industrial Park Acreage& Lots 2007 Est. Market Value <br /> 1985 PHASE I(35 lots) 136.93 PHASE 1 $28,783,500.00 <br /> 1994 PHASE II(26 lots) 55.09 PHASE II $16,134,100.00 <br /> 2000 PHASE III(32 lots) 64.07 PHASE III $11,233,000.00 <br /> (93 total lots)* 256.09 $56,150,600.00 <br /> Consumption rate:*** 4 lots/year Approximate Price/acre: $100,000/acre <br /> 11 acres/year <br /> Undeveloped Supply: .5 lot-years <br /> 2 lots, 1.57 acres**** .1 acre-years <br /> Number of Operating Businesses 2007 Tax Paid <br /> PHASE 1 20 PHASE 1 $492,838.04 <br /> PHASE 11 40 PHASE II $402,001.57 <br /> PHASE III 3 PHASE III $248,022.91 <br /> 63 $1,142,862.52 <br /> Total Government Investment $XX Tax City(41.043%) $336,165.42 <br /> Breakdown: County(30.457%) $249,460.09 <br /> (%s are School(17.875%) $146,406.38 <br /> of tax STD(0.159%) $1,302.30 <br /> capacity) State(50%) $409,528.33 <br /> Total Building SF** Employment <br /> PHASE I 305,500 PHASE I 547 <br /> PHASE II 297,500 PHASE II 482 <br /> PHASE III 81,000 PHASE III 167 <br /> 684,000 1196 <br /> * Some of the city-owned lots are not meant for development. <br /> **Estimates from an informal survey. <br /> ***Average over life of development. <br /> ****Some of the large city lots are available for development,though not actively being sold. <br /> 7 <br />