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Agenda Packets - 2020/12/07
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Agenda Packets - 2020/12/07
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Last modified
1/28/2025 4:51:34 PM
Creation date
12/8/2020 12:33:43 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
12/7/2020
Supplemental fields
City Council Document Type
City Council Packets
Date
12/7/2020
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Fund: 441 TIF District #6 <br />Revenues <br />Account <br />Description <br />2018 <br />2019 <br />2020 <br />2021 <br />Description <br />3101 <br />Tax increment collections <br />10,522 <br />79,894 <br />Estimated collections of incremental taxes on properties in the district <br />10,522 <br />79,894 <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 />800 TIE administration and reporting fees <br />532 1.5% of audit (2019 - $34,065, 2020 - $34,745, 2021 - $35,440) <br />1,332 <br />947 <br />8010 <br />Pay-as-you-go principal <br />4,735 <br />40,826 <br />Principal on a revenue note issued to promote a development. (MWF) <br />4,735 <br />40,826 <br />8020 <br />Pay-as-you-go interest <br />Interest on a revenue note issued to promote a development. (Medtronic) <br />9900 <br />Transfer out to EDA Fund <br />6,989 <br />Transfer to cover the EDA operating budget. <br />6,989 <br />- 5,682 49,147 <br />#DIV/0! 764.96% <br />70 <br />
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