(a)

Monthly Rental Value(MRV)

Rent per month for Cell Phone Tower

(MRV)

(b)

Annual Rental Value(ARV)

MRV X 12

(a X 12)

(c)

Land Value(LV)

10% of ARV

10% of b

(d)

Building Value(BV)

90% of ARV (ARV - LV)

(b - c)

(e)

Maintenance

10% of BV

10% of d

(f)

Building Value after maintenance

Building Vale - Maintenance

(d-e)

(g)

Annual Value(AV)

BV after maintenance + Land Value

(c+f)

(h)

Property Tax

12.40% of AV

12.40% of G