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Agenda Packets - 2009/12/14
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Agenda Packets - 2009/12/14
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Last modified
1/28/2025 4:51:44 PM
Creation date
7/4/2018 12:08:18 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
12/14/2009
Supplemental fields
City Council Document Type
City Council Packets
Date
12/14/2009
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Fund: 450 TIF District #5 Revenues <br />Account Description 2007 2008 2009 2010 Description <br />3101 Tax increment collections - 715,626 846,270 1,139,960 Estimated collections of incremental taxes on properties <br />- 715,626 846,270 1,139,960 in the district. <br />3610 Investment income - 6,300 6,300 6,300 Estimated interest earnings at 2.50%. <br />- 6,300 6,300 6,300 <br />Fund: 430 Department: 4650 Economic D Economic D Economic Development <br />3030 Other professional services - 1,500 1,200 1,200 TIF administration and reporting fees <br />- 1,500 1,200 1,200 <br />8010 Pay-as-you-go principal 323,542 803,956 1,082,963 Principal on a revenue note issued to promote a development. (Medtronic) <br />- 323,542 803,956 1,082,963 <br />9900 Transfer out to EDA Fund 35,781 42,313 56,997 Transfer to cover the EDA operating budget. <br />- 35,781 42,313 56,997 <br />80
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