47. Estimated Public Realm Improvement Costs
TAD Improvement Costs
• Kittredge Park Improvements:
$10 – $20 million
• New Parkland: $15 – $20 million
• Burying Utility Lines: $15 - $25 million
• Boulevards: $50 – $60 million
• Street, Pedestrian, Bike Network: $40 – $50
million
• I-85 Access Improvements: $5 – $10 million
Total Costs: $135 – $185 million
+ allocation for affordable and workforce housing
48. How TADs Work
TAD Explain
Tax Allocation District (TAD)
49. Community Improvement District
(CID)
• Participating property owners agree to voluntary
surcharge on property taxes
• Funds raised through surcharge are used to pay
for operating and maintenance costs