My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
10-22-18-EDA
ArdenHills
>
Administration
>
Commissions, Committees, and Boards
>
Economic Development Authority (EDA)
>
EDA Packets
>
2011-2020
>
2018
>
10-22-18-EDA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/19/2018 3:44:28 PM
Creation date
10/19/2018 3:44:15 PM
Metadata
Fields
Template:
General
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
14
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
CITY OF ARDEN HILLS, MINNESOTA <br />Function: Economic Development 254 <br />Activity: TIF #4 Presbyterian Homes 47308 <br /> <br />Activity Scope <br />Objectives <br />Issues <br />Budget Commentary <br />2016 2017 2018 2019 <br />Budget Summary ACTUAL ACTUAL BUDGET BUDGET <br />Personnel Services -$ -$ -$ -$ <br />Commodities - - - - <br />Contractual Services 155,147 185,105 139,525 192,630 <br />Depreciation - - - - <br />Other Charges - - - - <br />Total 155,147$ 185,105$ 139,525$ 192,630$ <br />Percent Change 19.3% (-24.6%) 38.1% <br />Full-Time Equivalent positions - - - - <br />Expenditures by Classification <br />Increment was received starting in 2014 and is estimated for 2019. Payments are based on 75% of increment <br />received to the developer and estimated for 2019. The only other charges budgeted are administrative charges. <br />2019 BUDGET <br /> Fund # : <br />Activity # : <br />TIF district No. 4, Presbyterian Homes, was established as a 15 year renewal and renovation district to facilitate <br />the redevelopment of existing senior housing units and replacement of existing nursing home units. The first <br />increment was received in 2014 with the districted expiring on December 31, 2029. <br />Utilize funds for Presbyterian Homes project per the development agreement. <br />Ensure compliance with TIF laws for uses of available funds. <br />100% <br />Personnel Services <br />Commodities <br />Contractual Services <br />Depreciation <br />Other Charges
The URL can be used to link to this page
Your browser does not support the video tag.