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Enron Mail |
They are aware that the Broward County Tax Appraiser will assess the property and that as most industrial facilities, the equipment is subject to depreciation. The City's millage rate has remained fairly constant (stagnant growth), but as the tax base increases, they expect the millage rate to decrease. The City is looking for a fixed annual revenue stream of $1.5 - 1.726 mm (similar to Pompano's 1.5 mm).
After we have all had a chance to review the doc - it would be good to have a conference call to discuss. We're targetting to get a draft to the City early next week. Steve -----Original Message----- From: Jacoby, Ben Sent: Thu 5/31/2001 8:29 AM To: 'OrshefskyD@GTLAW.com@ENRON'; Krimsky, Steven Cc: Mann, Kay Subject: RE: FW: Attached Files Ad valorems do not necessarily decrease as a result of depreciation, because millage rates and a current years reassessment also are part of the calculation. Have they asked for this? -----Original Message----- From: OrshefskyD@GTLAW.com@ENRON [ mailto:IMCEANOTES-OrshefskyD+40GTLAW+2Ecom+40ENRON@ENRON.com] Sent: Thursday, May 31, 2001 6:19 AM To: Jacoby, Ben; Krimsky, Steven Cc: Mann, Kay; OrshefskyD@GTLAW.com Subject: Re: FW: Attached Files We wanted to maintain a recurring 1.5mm and since ad advalorems will decrease as a function of depreciation we thought the way to maintain the constant we to increase the 650k at the same rate as the depreciation. -------------------------- Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net) _______________________________________________________________ The information contained in this transmission may contain privileged and confidential information. It is intended only for the use of the person(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or duplication of this communication is strictly prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message. To reply to our email administrator directly, please send an email to postmaster@gtlaw.com.
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