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07-01-2019 Council Packet
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07-01-2019 Council Packet
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Last modified
10/30/2021 1:08:48 PM
Creation date
7/8/2019 12:27:13 PM
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City Council
Council Document Type
Council Packet
Meeting Date
07/01/2019
Council Meeting Type
Work Session Regular
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Tax Increment Financing Plan <br />12 <br />Budget of projected revenues and expenditures <br />Total estimates of $3,701,133 <br />Provides authority to provide $3,600,000 to developer <br />Finance TIF Note of $3,218,000 <br />Assuming use of pooled TIF funds of $382,000 <br />City withholding (admin or other) of $185,058 <br />May be surplus that would be returned to County after payment of <br />obligations
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