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only that amount of land considered buildable in the proposal. <br />** Annual Taxes for single family cluster includes taxes on 169.8 acres <br />of open space valued at $3,000 per acre. <br />Note: Statistics were derived from the following sources and methods. <br />1. No. of residences for single family 175.4 acres (amount considered buildable <br />in Quashnet Valley Country Club Proposal) less 10% for roads = 157.9 acres <br />divided by 15,000 ft.2. (min. lot size in cluster) = 458 single family lots. <br />2. No. of residents per unit derived from 1970 Census Bureau Figures: <br />1'.6 persons per multi -family unit (condominium) <br />2.77 persons/single family unit from 1244 Mashpee Residents/448 dwelling units <br />3. No. of.school children <br />.16 per multi -family unit according to Lawrence & Johnson, Inc. Survey in <br />the Mid -Cape area. <br />.2 per single family dwelling in proposal derived from 393 school children in <br />Mashpee divided by 2327 taxable homes in Mashpee (reflects highly season- <br />al structure: Only one out of four homes is year round - our recreationally <br />oriented proposal should also follow the same trend, attracting seasonal <br />residents) <br />.4 per single family in uniform cluster development since no recreational <br />amenities would make residents tend toward year round. If this were only <br />one half seasonal (2 out of 4 homes year round) The no. of school children <br />would double to .4. <br />8. Annual Tax Gain -- <br />$40,000 X no. of units = Gross Value <br />X $17.50 per, 1,000 = gross Tax Revenue <br />9. Educational surplus from taxes <br />Gross tax revenue X 43.25% (amount of annual budget allotted to schools) <br />minus total cost for all children ($992.25 per child X no. of Children) <br />