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Agenda Packets - 2019/12/02
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Agenda Packets - 2019/12/02
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Last modified
1/28/2025 4:51:20 PM
Creation date
1/3/2020 12:26:56 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
12/2/2019
Supplemental fields
City Council Document Type
City Council Packets
Date
12/2/2019
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Fund: 441 TIF District #6 Revenues <br />Account Description 2017 2018 2019 2020 Description <br />3101 Tax increment collections - - - 9,095 Estimated collections of incremental taxes on properties in the district <br />- - - 9,095 <br />3610 Investment income - - - 40 Estimated interest earnings at 1.00%. <br />- - - 40 <br />Fund: 441 Department: 4650 Economic Development <br />3030 Other professional services - - - 425 TIF administration and reporting fees <br />- - - 522 1.5% of audit (2019 - $34,065, 2020 - $34,745, 2021 - $35,440) <br />- - - 947 <br />8010 Pay-as-you-go principal - - - 4,092 Principal on a revenue note issued to promote a development. (Medtronic) <br />- - - 4,092 <br />9900 Transfer out to EDA Fund - - - - Transfer to cover the EDA operating budget. <br />- - - - <br />69
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