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Agenda Packets - 1995/09/05
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Agenda Packets - 1995/09/05
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Last modified
1/28/2025 4:49:50 PM
Creation date
7/2/2018 9:58:04 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
9/5/1995
Supplemental fields
City Council Document Type
City Council Packets
Date
9/5/1995
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PEDESTRIAN BRIDGE FUNDING OPTIONS <br /> OPTION #1 - USING NO TIF <br /> 1996 Franchise Fees $50, 000 <br /> 1997 Franchise Fees 50, 000 <br /> *1995, 96 & 97 Park Dedication Fees 61, 371 <br /> Street Light Utility Fund 10, 000 <br /> Recreation Activity Fund 13, 629 <br /> $185, 000 <br /> *This is the total amount of Park Dedicated Funds and would <br /> deplete the entire fund. Last Everest Park Dedication is 1997. <br /> OPTION #2 - USING PARTIAL TIF FUNDING <br /> 1996 Franchise Fees $30, 000 <br /> 1997 Franchise Fees 35, 000 <br /> 1995, 96, 97 Park Dedication Fees 61, 371 <br /> Street Light Utility 10, 000 <br /> TIF 48, 629 <br /> $185, 000 <br /> *This is the total amount of Park Dedication Funds and would <br /> deplete the entire fund. Last Everest Park Dedication is 1997. <br /> OPTION #3 - USING ALL TIF FUNDING <br /> Tax Increment Funding $185, 000 <br />
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