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CFD Rates and Modeled Revenues <br />Recommended CFD Assessments on new development: <br />◦Single-Family and Townhomes: Effective Tax Rate set at 1.70% of the estimated sales price <br />◦Hotel and Apartments: ~$250,000/year <br />Modeled CFD Revenues: <br />◦~$770,832 for annual services <br />◦$11.2M in bond proceeds for capital improvements