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07-08-1996 WS
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07-08-1996 WS
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Last modified
6/29/2018 8:55:48 AM
Creation date
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MV City Council
City Council Document Type
City Council Packets
Date
7/8/1996
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BUILDINGS "K" AND "N" <br /> MOUNDS VIEW BUSINESS PARK y'\P <br /> TIF PROPOSAL SUMMARY ►'� <br /> L _ <br /> C ,, <br /> TIF - ELIGIBLE COSTSCi <br /> Building K: J <br /> Acquisition Costs: $ 278,000 - <br /> Site Development Costs: $ 470 000 C'' SfSt �� <br /> Ac/I)J34„-L, (c am L ✓t 4 �,� �� � S',) Tr2 <br /> / _ -fn`') j $ 748,000 <br /> cam ' . .,u 'Lc%) <br /> Building N: 011,111m����� <br /> Acquisition Costs: $1,201,500 c ' , 5-60, ��J > <br /> Site Development Costs: $ 590,000 <br /> $1,791,500 ccs: <br /> '" <br /> Total Costs: $2,539,500 <br /> Pay-as-you-go Revenue Note TIF Assistance: <br /> (Terms: 13-years, 7% interest, 10% to Admin) <br /> Building K: $ 676,383 <br /> Building N: $1,156,796 <br /> Total TIE Reimbursement: $1,833,179 <br /> Developer's Unreimbursed Costs: $ 706,321 <br /> TIFK&N(p)6/96 l� <br /> '5kkK <br /> k <br /> 1103 <br />
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