FC Cincinnati PILOT Payments

Proposed Deferred Payments Schedule

Assumes:
MV new Stadium $           250,000,000.00
Length of Agreement: 12

Assess Valuation $              87,500,000.00
Total Mills 93.480776
Stadium will be added to Hamilton County Tax duplicate in year 3

25%
Year Year Assessed Value Total Tax PILOT Calculation Proposed Pymnts
YR1 2019                          ‐                                 ‐                 750,000.00
YR2 2020 $                               ‐                          ‐                                 ‐                 750,000.00
YR3 2021 $           87,500,000.00        8,179,567.90               2,044,891.98             1,000,000.00
YR4 2022 $           87,500,000.00        8,179,567.90               2,044,891.98             1,000,000.00
YR5 2023 $           87,500,000.00        8,179,567.90               2,044,891.98             1,000,000.00
YR6 2024 $           87,500,000.00        8,179,567.90               2,044,891.98             2,278,417.11
YR7 2025 $           87,500,000.00        8,179,567.90               2,044,891.98             2,278,417.11
YR8 2026 $           87,500,000.00        8,179,567.90               2,044,891.98             2,278,417.11
YR9  2027 $           87,500,000.00        8,179,567.90               2,044,891.98             2,278,417.11
YR10 2028 $           87,500,000.00        8,179,567.90               2,044,891.98             2,278,417.11
YR11 2029 $           87,500,000.00        8,179,567.90               2,044,891.98             2,278,417.11
YR12 2030 $           87,500,000.00        8,179,567.90               2,044,891.98             2,278,417.11
Total   12 $          20,448,919.75 $         20,448,919.75