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. TIF Summary <br /> Page 2 <br /> Funds that Could <br /> Project Activity Be Authorized Status <br /> Community Center site work $100,000 Project complete <br /> issued bonds, <br /> $100,000 used <br /> Street scape within the City (new) $250,000 No activity <br /> Expenditure total $3,018,000 $680,000 (funds <br /> used) <br /> Funds remaining that could be used <br /> based on the TIF plan $2,338,000 <br /> Total funds available based on <br /> Springsted study $3.706.000 <br /> $1,368,000 additional <br /> In June, 1995 the City amended their Redevelopment Plan and as a result, the following <br /> • activities have occurred. <br /> Project Money Authorized <br /> Evergreen Twin Homes $150,000 <br /> 12 valued between $160,000 to $180,000 <br /> $1.9 million <br /> Arbors Townhomes, $260,000 <br /> 16 valued at $180,000 <br /> $2.9 million <br /> Industrial Custom Products, $125,000 <br /> valued at $1.2 million <br /> plus 65 jobs <br /> Apache Plaza $300,000 <br /> $4.5 million, CUB Store plus 250 jobs plus $1.5 million in bond proceeds <br /> Community Center $2.65 million <br /> bonds issued <br /> The City invested $835,000 in the 4 redevelopment projects from the 1995 amendment and <br /> will increase or retain value of$10,500,000 and 3154 jobs will be created. <br />