Laserfiche WebLink
_, CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF SOURCES AND USES OF FUNDS <br />FOR TAX INCREMENT FINANCING DISTRICT #1-4 <br />December 31, 1995 <br />Exhibit 9 <br />Accounted <br />Amended for in Current Amount <br />Budget Prior Years Year Remaining <br />Sources of funds: <br />Bond proceeds $1,950,000 $ - $ - $1,950,000 <br />Tax increment collections 110,000 110,000 <br />Refunds and reimbursements 18,889 5,000 (23,889) <br />Total sources of funds 2,060,000 18,889 5,000 2,036,111 <br />Uses of funds: <br />Land acquisition 435,000 435,000 <br />Public improvements 1,115,000 - 1,115,000 <br />Administrative 110,000 40,252 7,792 61,956 <br />Bond discount 40,000 - - 40,000 <br />Capitalized interest 360,000 - - 360,000 <br />Transfer to other funds - - 11,914 (11,914) <br />Total uses of funds 2,060,000 40,252 19,706 2,000,042 <br />Vow <br />Funds remaining (deficit) $0 ($21,363) ($14,706) $36,069 <br />Name of District: Apollo Business Center <br />District Number. L -5 <br />Type of District: Economic Development <br />Date Certified: April 20, 1990 <br />... Duration: 10 Years <br />Tax Capacity: <br />Original 63,762 <br />Current 36,825 <br />103 <br />