Property Taxes

(A) Basic Assumption: 20,000 square foot OFFICE; air conditioned; partitioned; 18 foot clear height; sprinklers throughout; 30 foot x 40 foot bay size; load bearing brick and block construction; roughly square in dimension; on 1 acre of serviced land.

1999 Estimated Market Value	Taxes based on 2000 Rates	Real Estate Taxes Per sq. ft.
1,968,000	80309	4.02

(B) Basic Assumption: 60,000 square foot OFFICE; air conditioned; partitioned; 22 foot clear height; sprinklers throughout; 30 foot x 40 foot bay size; steel frame; insulated precast construction; roughly square in dimension; on 3 acres of serviced land.

1999 Estimated Market Value	Taxes based on 2000 Rates	Real Estate Taxes Per sq. ft.
4,921,000	200,813	3.35

C) 90,000 sq.ft. Plant/Warehouse Basic Assumption: 90,000 sq.ft. plant/warehouse, 20 ft., clear height under steel, enclosed in pre-finished metal with 3" insulation, built up asphalt and gravel roofing over R.12 insulation on steel deck, structural steel framing system and 6" reinforced concrete floor, 5 shipping doors and 1 drive-in door, high pressure sodium lighting and gas fired unit heaters. Building would have a 1200 amp, 600 volt electrical service, complete with a new substation and switchboard, includes 10,000 sq.ft. of finished office with year-round air conditioning.

1999 Estimated Market Value	Taxes based on 2000 Rates	Real Estate Taxes Per sq. ft.
2,546,000	103,895	1.04