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Agenda Packets - 2020/10/05
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Agenda Packets - 2020/10/05
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Last modified
1/28/2025 4:50:23 PM
Creation date
10/16/2020 2:23:51 PM
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Template:
MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/5/2020
Supplemental fields
City Council Document Type
City Council Packets
Date
10/5/2020
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Fund: 441 TIF District #6 <br />Account Description <br />2018 2019 2020 <br />Revenues <br />2021 Description <br />3101 <br />Tax increment collections <br />10,522 <br />63,170 <br />Estimated collections of incremental taxes on properties in the district <br />10,522 <br />63,170 <br />3610 <br />Investment income <br />40 <br />40 <br />Estimated interest earnings at 1.00%. <br />40 <br />40 <br />,Fund: 441 Department: 4650 <br />3030 Other professional services <br />425 <br />522 <br />Economic Development <br />600 TIE administration and reporting fees <br />532 1.5% of audit (2019 - $34,065, 2020 - $34,745, 2021 - $35,440) <br />1,132 <br />947 <br />8010 <br />Pay-as-you-go principal <br />4,735 <br />32,518 <br />Principal on a revenue note issued to promote a development. (MWF) <br />4,735 <br />32,518 <br />8020 <br />Pay-as-you-go interest <br />- <br />- <br />Interest on a revenue note issued to promote a development. (Medtronic) <br />9900 <br />Transfer out to EDA Fund <br />5,000 <br />Transfer to cover the EDA operating budget. <br />- <br />- <br />- <br />5,000 <br />- 5,682 38,650 <br />#DIV/0! 580.22% <br />25 <br />
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