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1999-130 Council Resolution
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1999-130 Council Resolution
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2/16/2016 1:50:26 PM
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2/16/2016 12:06:32 PM
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City Council
Council Document Type
Resolutions
Meeting Date
12/20/1999
Council Meeting Type
Regular
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1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF SOURCES AND USES OF FUNDS <br />R TAX INCREMENT HOUSING DISTRICT #1-1 <br />December 31, 1997 <br />(UNAUDITED) <br />Exhibit 7 <br />Accounted <br />Amended for in Current Amount <br />Budget Prior Years Year Remaining <br />Sources of funds: <br />Tax increment collections $1,470,000 $1,488,280 $242,345 ($260,625) <br />Interest on investments - 220,066 5,039 (225,105) <br />Total sources of funds 1,470,000 1,708,346 247,384 (485,730) <br />Uses of funds: <br />Public improvements 1,470,000 1,097,491 372,509 <br />Administrative 122,863 2,088 (124,951) <br />Developer assistance - 105,000 - (105,000) <br />Transfer to other funds 35,092 593,196 (628,288) <br />Total uses of funds 1,470,000 1,360,446 595,284 (485,730) <br />1 Funds remaining (deficit) <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />Name of District: Rice Lake Estates <br />District Number: H-4 <br />Type of District: Housing <br />Date Certified: June 29, 1987 <br />Date Decertified December 31, 1997 <br />Duration: 25 Years <br />Tax Capacity: <br />Original $2,689 <br />Current $185,033 <br />I- <br />1 <br />1 <br />$0 $347,900 ($347,900) $0 <br />113 <br />
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