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• • r r <br /> TIF Update <br /> May 13, 1996 <br /> Page 3 <br /> Following represents the status of the existing TIF districts: <br /> District <br /> TIF Type Increment Terminates <br /> *Chandler Housing $240,000 per year 2010 <br /> *Kenzie Terrace Housing $461,910 debt until 1999 2008 <br /> Evergreen Housing $59,000 2001 <br /> Walbon Housing $35,000 debt until 2001 2011 <br /> Apache Plaza Commercial ---- 2018 <br /> *The Chandler and Kenzie Terrace districts are the districts the City is using for the $6,023,000 in <br /> expenditures. <br /> Chandler and Kenzie Terrace Districts have a fund balance as of December 31, <br /> 1995 of$2.1 million. <br /> • <br />