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<br /> .
<br /> ~,im"'" ,~, o"",'owe of o<,,,,,m." Oi>ln" "0. I ",. ~,oci"'" wilh '"M'''' To> ,",~mw' I
<br /> --
<br /> Financing District No.3 is as follows:
<br /> Cost April 26, 1993 Original Total including the May 27, I
<br /> Budget 1997 Modification
<br /> Land Acquisition $ i 96,000 $194,210.17 I
<br /> Excavation/grading $125,000 $125,000.00
<br /> Landscaping/sod-lawn sprinklers $50,000 $37,908,60 I
<br /> Curb/gutter $12,000 $10,150.00
<br /> Site Concrete $213,000 $213,000.00 I
<br /> Site utilities $42,000 $57,730.23
<br /> Bituminous paving/striPping $17,000 $17,000.00 I
<br /> Site/electrical $12,000 $12,000.00
<br /> Financing costs @3.8%, 15 years $131,000 $131,000.00 I
<br /> City Administrative expenses $95,895 $95,895.00
<br /> Total C st 893921 t#
<br /> Section 4.10 Estimated Amount of Bonded Indebtedne@. It is anticipated that $0 of bonded indebtedness I
<br /> will '" io~"'" wilh re>r<" '" 'hi, po"M of D~.I",=" Of'''''' No. I .~" ti=. ",,~M' '" Mio","",
<br /> S,,"re>. ",,,ioo 469 f n. So.Ii,"iM 1. G_rnl Doli,.""" To> 1""=" B""" m'Y '" ,,,, ~ _ired
<br /> ,,,~rnre .. ",. i",",m'" i' Artid. I. 5"""" 15. II i, fortod M"d,.'" Jh,i ",lore b""' wi" will '" .
<br /> b~'" 00 ~wlobili" of ~ iocremwl II" ",,,Mrem,I,", Jh" More ""0" will '"' '" """, ",," "10' -
<br /> but as they are needed.
<br /> (As Modified May 27, 1997)
<br /> Th'''Y ~ you g' UO<. ""'bl""" wi'" "'. '"clOP"'. "f .. M orlglool ,riori,.1 b""ure ,f $723,37.
<br /> with annual interest calculated at 1.95834%
<br /> s.ection 4.1 I Soo"" ,f R"reoo TI<' 00'" ""dio'" i. S,,'i"" 409 will '" "oM'''' Jh"""h .. M""I
<br /> collection of tax increments.
<br /> Modification for TO' Increment Financing Plan for TO' Increment Financing District No.3 \V-2
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