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TCAAP FUND <br />Functian: Genera� Government <br />Supervisor: City Administrator <br />Fund#: 229 <br />Actirvity#: 4160Q <br />Ac�ivi 5co e <br />This Special Revenue Fund was established to account far revenue and expendi�ure <br />activity related to t�e City'� corr�prehensive re-use planning at th� Twin Cities Ar�y <br />Axanznunition �lant (TCAAP} site. Revenues far this fund are primarily developer escrow <br />rei�nburseaneni� and investment interest. <br />Ob�ectives <br />1. Coordinatian of TCAAP redevelvpment activities while continuing to meet the <br />needs oi the City v� Arden Hills_ <br />2. Continue working wit� the GSA for a successful sale of th� property. <br />3. Structure TCAA� to be successful (agreements, op�rating costs, etc.) <br />Issues <br />1 _ Econornic conditions_ <br />2_ Coordinating with multiple �ntities/players to cornplete transaction. <br />Measurable WorkEoad Data <br />Nane deveiflped at this time. <br />Bud�e� Cammen�ary <br />Since the Ciiy's developrr�er�t partner pulled out af the p�oject in April o� 2009. The <br />GSA is p�an�ing on selling t�e property through ar� "Open Bid" pracess. Revenues and <br />expenditures are urilcnown at this tirtne, but placeholders �iave be included for consuliing <br />costs and escrow funds by a pot�ntial buyer or transfers from the City's Geaeral Fund. <br />Bud�et Summary <br />Functian: General Go�emment oepartment; TCAAP <br />Appm�ation I]etail <br />Actual Actual Budget Amended Projected Proposed Adopted % Chsnge <br />Actiuty FY 2009 FY 2010 FY 201i FY 2011 6130/2411 FY 20�2 FY 2Q12 11 �s 12 <br />Revenues <br />Miscella�eous 6A,557 - 70,000 70,000 1 70,000 - 0.00% <br />Total Reaenues S 188,254 S 17,666 $ 70,000 $ 70,000 $ 1$ 7fl,040 $ - 0.00% <br />�enditures <br />Tota1 Personal Senices 5,024 S8 - - - - - 0.00% <br />Total Materials and Supplies - - - - - - - 0.00% <br />QlherSenices and Charges 204,528 37,353 7fl,000 74,OOQ 1d,368 70,000 - 0.00� <br />To[al Expend'�tufes S 206,552 $ 17,372 g 70.0� $ 70,000 $ �4,368 $ 70,000 $ - 9.�9�6 <br />Fund Ealance-January 9 76,442 $ 58,14a $ 58,438 � 58,438 '� 58,438 $ 58.436 <br />�xcess Re�eciue 4�er Expenditure (18,298) 234 (34,367� <br />FundBalance-4ecemi�er31 S 58,t44 $ 58,438 S 58,438 $ 58,438 $ 44,072 $ 58,438 $ <br />�� <br />