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Agenda Packets - 2014/10/06
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Agenda Packets - 2014/10/06
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Last modified
1/28/2025 4:50:24 PM
Creation date
7/10/2018 2:09:39 PM
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Template:
MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/6/2014
Supplemental fields
City Council Document Type
City Council Packets
Date
10/6/2014
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Fund: 420 TIF District #2 Revenues <br />Account Description 2012 2013 2014 2015 Description <br />3101 Tax increment collections 154,335 154,335 168,628 168,628 Estimated collections of incremental taxes on properties <br />154,335 154,335 168,628 168,628 in the district. <br />3610 Investment income 2,500 2,500 1,750 500 Estimated interest earnings at 1.00%. <br />2,500 2,500 1,750 500 <br />Fund: 420 Department: 4650 Economic Development <br />3030 Other professional services 2,000 2,000 2,000 2,000 TIF administration and reporting fees <br />2,000 2,000 2,000 2,000 <br />7050 Construction > $25000 - - - 250,000 2015 Area H Street Proj <br />- - - 450,000 Mill and overlay Mustang Drive <br />- - - 350,000 Trail segments 6 & 11 <br />- - - 1,050,000 <br />8010 Pay-as-you-go principal 38,238 - - - Principal on a revenue note issued to promote a development. <br />38,238 - - - (Silver Lake Point Project - Heartland MV Common Bond, LLC.) <br />9900 Transfer out to EDA Fund 109,674 107,500 101,389 16,863 Transfer to cover the EDA operating budget. <br />109,674 107,500 101,389 16,863 <br />149,912 109,500 103,389 1,068,863 <br />-3.34%-26.96%-5.58%933.83% <br />29
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