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Example: The average five year cash flow for marketing purposes is 135%; therefore, the <br />Adjusted Marketing Percentage is 14Q%. If actual projected cash flow as of the Calculation Date is <br />150°/a, t�e five years of cash flow representir�g the increase in Actual Coverage { 150%} aver Adjusted <br />Marketing Co�erage (l4b%) is present valued to the Calculation Date, yielding the Exeess Amount. <br />(b} If the City finds an Excess Arr�ount under paragrap� (a) of this Section, iher� the Excess <br />Amount wil] be applied to reduce the outstandin� principaI amount of the TIF Note (as a deerned <br />prepayment) in accordance with tl�e tenns of the T1F Note. Suclz event must be evidenced by delivery by <br />the City to De�eloper of a written notice staiing the �xcess A�nount. The Excess Amount will be deelned <br />prepaid as of the Calcutation Date. <br />(The remair�der ofthis page is intentionaliy 3eft blan[c.) <br />378990vE0 SJB AR200-IO � � <br />