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11-03-1997 WS
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11-03-1997 WS
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Last modified
1/28/2025 4:50:52 PM
Creation date
6/29/2018 7:14:16 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/3/1997
Supplemental fields
City Council Document Type
City Council Packets
Date
10/3/1997
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• <br /> MERMAID EXPANSION PROPOSAL <br /> 500 CAPACITY BANQUET ADDITION <br /> REVENUE <br /> New Value 780,000 <br /> Annual Increment 42,537 <br /> Total Increment 638,055 <br /> Net Proceeds 300,000 <br /> EXPENSES <br /> Land Acquisition 500,000 <br /> Relocation 100,000 <br /> Site Clearance 20,000 <br /> Construction 975,000 <br /> Public Improvements 50,000 <br /> • <br /> Parking 10,000 <br /> Landscaping 20,000 <br /> PondinglDrainage 30,000 <br /> Subtotal 1,705,000 <br /> Other: 50,000 <br /> Total Costs 1,755,000 <br /> Developer Invest 1,160,000 <br /> Gap 595,000 <br /> Net Proceeds 300,000 <br /> Surplus (Deficit) (295,000) <br /> • <br /> C:\tiflproj.htl 10/31/97 <br />
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