|
City of Mounds ViewMedtronic Qualified Costs Qualified Costs Per Development Agreement Qualified Costs Updated Based Upon Actual Costs To Date & Proposed Costs For Phase IIUsePhaseAmountAmount TIF EligibleUsePhaseAmountAmount TIF EligibleDifferenceLand Acquisition (Blaine)111,000,000$ 2,440,000$ Land Acquisition (Blaine)111,000,000$ -$ -$ Billboard Relocation1260,000$ 260,000$ Billboard Relocation1260,000$ -$ -$ Billboard 2005 payment & Loss of Future Revenue1-$ -$ Billboard 2005 payment & Loss of Future Revenue1670,000$ -$ 670,000$ Park Dedication1-$ -$ Park Dedication1865,000$ -$ 865,000$ Enviornmental1100,000$ 100,000$ Enviornmental1100,000$ -$ -$ Soil Correction11,900,000$ 1,900,000$ Soil Correction11,900,000$ -$ -$ Demolition/Relocation1500,000$ 500,000$ Demolition/Relocation1500,000$ -$ -$ Wetland Mitigation11,500,000$ 1,500,000$ Wetland Mitigation11,500,000$ -$ -$ Utilities - Medtronic1600,000$ 600,000$ Utilities - Medtronic1600,000$ -$ -$ Utilities - City1-$ -$ Utilities - City1400,000$ -$ 400,000$ Parking - Surface Only (3,000 Stalls)13,000,000$ 3,000,000$ Parking - Surface1-$ -$ (3,000,000)$ Landscqping and lighting11,500,000$ 1,500,000$ Landscqping and lighting11,500,000$ -$ -$ Access Road - Coral Sea11,500,000$ 1,500,000$ Access Road - Coral Sea11,500,000$ -$ -$ Fees Associated with Above11,000,000$ 1,000,000$ Fees Associated with Above11,000,000$ -$ -$ City Administrative Fees1500,000$ 500,000$ City Administrative Fees1528,758$ -$ 28,758$ Billboard Relocation2-$ -$ Billboard Relocation2550,000$ -$ 550,000$ Structured Parking2-$ -$ Structured Parking116,000,000$ 14,800,000$ 16,000,000$ Structured Parking2-$ -$ Structured Parking28,000,000$ 7,200,000$ 8,000,000$ City Administrative Fees2-$ -$ City Administrative Fees2150,000$ -$ 150,000$ TOTALN/A23,360,000$ 14,800,000$ TOTALN/A47,023,758$ 22,000,000$ 23,663,758$ -$
|