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Srmr MMW Or TAX HISTORY <br />VISTA ROYALE <br />A <br />tv <br />The follading is a list of both actual taxes paid and estimated tares to <br />be paid on the property Y.nawn as VISTA ROYALE. We believe this list clearly <br />illustrates the intent expressed in Chapter 67-528, Laws of Florida. <br />1. 1973* <br />Taxes paid by Vista Properties <br />$33,977.53 <br />* Figures taken fresn actual tax <br />receipts on undeveloped ground. <br />20 1974* <br />Taxes paid by Vista Properties <br />$28,436.51 <br />* Figures taken frau actual tax <br />receipts. <br />3. 1975 <br />A. Single Family <br />$ 5,220.84 <br />B. Phase I <br />$ 1,683.83 <br />C. Phase II <br />$ 2,374.27 <br />D. Phase III , <br />$ 3,279.56 <br />E. Phase IV <br />$ 3,193.44 <br />P°. Ccmnercial Area <br />$ 8,606.66 <br />G. Sewer Plant Site <br />$ ' 139.09 <br />H. Water Plant Site <br />$ 101.39 <br />I. Recreation Area A <br />$ 1,292.32 <br />J. Recreation Area B <br />$ 901.81 <br />K. Recreation Area C <br />$ 115.20 <br />L. Recreation Area D <br />$ 144.43 <br />M. Golf Areas 1-7 <br />$ 9,957.40 <br />37,010.24 (actually paid by Vista Properties) <br />Buildings 1-11(apts° owned by <br />Vista Prop.) <br />Buildings 1-]1(closed apts.) <br />$ 3,007.39 (actually paid by Vista Properties) <br />$42,631.00*estimated on175 mil levy & valuatio: <br />homestead not considered) <br />$82,648.63 <br />4. 1976 <br />An figures based on 1975 mil levy and valuations. <br />Assuming no change in valuations described in 1975 items A through M <br />Items A through M $37,010.00 <br />Buildings 1 through 12 $49,822.00*hanestead not considered <br />$86,832.00 <br />S. 1977 <br />All figures based on 1975 mil levy and vaulations. <br />Assuming no change in valuations described in 1975 iters A through M. <br />Items A through M $37,010.00 <br />24 Buildings $99,644.00*homestead not considered <br />$136,654.00 <br />6. Completed Project: ° <br />When all conda-ninium apartments are taxable -(114 buildings) based on 1975 <br />mil levy and valuations, it will produce $473,300.00 in tax revenue (home- <br />stead not considered) <br />This figure does not consider the developlent of the followings <br />A. Single Family - 110 homes <br />B. Cain ercial - 17 acres <br />C. Scmier Plant - 600,000 GPD <br />D. Water Plant - 600,000 GPD <br />E. 3 additional Recreational buildings <br />John W. Calmer, Vice President <br />Vista Properties of Vero Beach, Inc. <br />EXHIBIT <br />LIE av <br />5197 Rook2 , A 343 ' <br />