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6B, Public Hearing Proposed TIF District Resolution 2010-081, -082 & -083
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6B, Public Hearing Proposed TIF District Resolution 2010-081, -082 & -083
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10/24/2024 10:26:14 AM
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12-13-10 Regular City Counicl Meeting
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(AS MODIF�ED DECEMBER 13, 20I0) <br />TAX INCREMENT F�NANCING D�STRICT NO. 4 <br />USES OF TAX INCREMENT FUNDS <br />LandBuilding Acquisition <br />Site Improveinents/Preparatian <br />Pablic iTtili�ies <br />Streets and Sidewalks <br />Administrafive Costs u ta 10% <br />PROJECT COST TOTAL <br />Tntere�t <br />PROdECT AND INTER�ST CO5T5 TOTAL <br />TOTAL <br />$�fl0,000 <br />$1,800,000 <br />$400,OOU <br />$177,289 <br />$3fi7�801 <br />$2,845,U90 <br />� <br />$3,778,41.2 <br />The Development District budget equals all the budgets of all tax increment financing plans adopted <br />and any future tax increment �nancing plans adopted. The carrent budgets of cach tax increme►�t <br />district is included in the individual ptan for the district. <br />
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