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Agenda Packets - 2008/10/06
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Agenda Packets - 2008/10/06
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Last modified
1/28/2025 4:50:24 PM
Creation date
7/10/2018 4:36:42 PM
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Template:
MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/6/2008
Supplemental fields
City Council Document Type
City Council Packets
Date
10/6/2008
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Fund: 430 TIF District #3 Revenues <br />Account Description 2007 2008 2009 Description <br />3101 Tax increment collections 417,770 417,770 394,056 Estimated collections of incremental taxes on properties <br />417,770 417,770 394,056 in the district. <br />3610 Investment income 22,500 22,500 22,500 Estimated interest earnings at 3.75%. <br />22,500 22,500 22,500 <br />Fund: 430 Department: 4650 Economic Development <br />3030 Other professional services 750 1,000 1,200 TIF administration and reporting fees <br />750 1,000 1,200 <br />7050 Construction 65,000 - - CR 10 median enhancements through corridor (will be aggregated in future) <br />493,000 170,000 982,400 CR 10 trail segments 1 - 5 (H to Silver Lk Rd)(also in 285 grant portion) <br />493,000 170,000 982,400 (prepare plans and specs in 2008) <br />8010 Pay-as-you-go principal 59,472 123,442 - Principal on a revenue note issued to promote a development. <br />59,472 123,442 - <br />8020 Pay-as-you-go interest 6,250 8,002 - Interest on a revenue note issued to promote a development. <br />6,250 8,002 - <br />9900 Transfer out to EDA Fund 67,763 111,193 112,851 Transfer to cover the EDA operating budget. <br />67,763 111,193 112,851 <br />627,235 413,637 1,096,451 <br />10/02/2008 1:23 PM <br />31
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