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<br />Subsection 2.7. Estimated Cost of Proiect. <br /> <br />The estimated costs of public Improvements to be made within Tax Increment Rnandng DIsb1ct No. 1- <br />6 are to be financed by tax Increments and other sources If necessary. These estimated costs are as <br />follows: <br /> <br />TAX INCREMENT FINANONG DISTRICT NUMBER. 1-6 <br /> <br />Activity <br /> <br />EstImated Cost <br /> <br />Site Acquisition <br />Site Improvements <br />Road Improvements <br />Engineering/Contlngendes <br />Capitalized Interest <br />Administrative Expenses <br /> <br />$555,000 <br />o <br />o <br />o <br />$ 90,000 <br />$ 5.000 <br /> <br />. $650,000 <br /> <br />Total Project-Wide Improvements <br /> <br />No public Improvements will be made outside Tax Increment Rnandng Disb1ct No. 1-6. <br /> <br />SUPPORTIVE DATA FOR ESTlMATED COSTS OF IMPROVEMENTS <br /> <br />ITEM <br />GRADING AND SITE PREPARATION <br /> <br />BASIS FOR ESTlMATES <br /> <br />EstImates by Oty staff, consultants <br />and developer <br /> <br />PUBUC IMPROVEMENTS/UTIUTIES <br /> <br />EstImates by Oty staff, consultants <br />and developer <br /> <br />FIRE WATER/PONDS/UNES/PUMPS <br /> <br />EstImates by Oty staff, consultants <br />and developer <br /> <br />ROAD IMPROVEMENTS <br /> <br />EstImates by Oty staff, consultants <br />and developer <br /> <br />Approximately 10% of tax increment <br />. expenditures allowed for I~I <br />, administration indudlng bol1d. <br />Issuance costs and planning <br /> <br />ADMINISTRATION <br /> <br />Subsection 2.8. Estimated Amount of Bonded Indebtedness. <br /> <br />The Oty is antldpatlng the issuance of $650.000 In General Obligation Taxable Tax Increment Bonds <br />relating to this project. <br /> <br />-Page2- <br />