Everett Housing Authority 9/3/2024

EXHIBIT B TO MITIGATION AGREEMENT ILLUSTRATIVE CALCULATIONS This example calculates SEPA Mitigation Payments due for two hypothetical Park District buildings, which have 100 Dwelling Units each. Building A receives its certificate of occupancy on February 6, 2026, and Building B on February 6, 2032. These illustrations assume no Mitigation Credits. These examples are based on illustrative percentage salary increases from year-to-year for the purposes of demonstrating calculation methodology, and do not reflect what actual SEPA Mitigation Payments will be. Actual SEPA Mitigation Payments will require use of actual year-to-year salary percentage increase information. Year Illustrative Illustrative Result of Result of Total SEPA Mitigation Total SEPA Mitigation Year-to-Year Year-to-Year Formula for Formula for Payments Due from Payments Due from EHA Salary Salary Police SEPA Fire SEPA EHA for Example for Example Building B Increase for Increase for Mitigation Mitigation Building A Police Officer Firefighter/ Payment per Payment Second Class Paramedic Park District per Park = (Fire payment per = (Fire payment per unit Dwelling Unit District unit+ Police payment + Police payment per (Agreement Dwelling Unit per Unit) X 100 units Unit) X 100 units Section 1A) (Agreement Section 1A) 2024 $103.06* $126.92* None for 2024, None for 2024, because because no certificate no certificate of of occupancy occupancy 2025 3% increase 4% increase $106.15 $132.00 None for 2025, None for 2025, because from 2024 to from 2024 to because no certificate no certificate of 2025 2025 of occupancy occupancy 2026 3% increase 4% increase $109.33 $137.28 None for 2026, None for 2026, because from 2025 to from 2025 to because no certificate no certificate of 2026 2026 of occupancy (prior to occupancy 2.6.26) and waiver (2.6.26 to 12.31.26)