Laserfiche WebLink
<br />60 Interim Property Taxes <br />Property taxes paid by the development group before sale to end users or before <br />certificate of occupancy is Issued. <br /> <br />62 Construction Interest <br />Interest expense paid to 3rd party to finance construction on redevelopment property. <br /> <br />65 Other Soft Costs <br />These include costs to obtain construction period financing, sales commission and <br />marketing cost related to property in redevelopment area and overhead costs. <br /> <br />72 Grants <br />Include here all grants received that are used to reimburse or pay for any of the costs <br />listed above. <br /> <br />73 Tax Increment Revenue Bond Proceeds (net of all costs) <br />If the tax increment is pledged for the payment of any bonds, include the net proceeds <br />of these bonds. <br /> <br />74 Tax Increment Revenue Note <br />The development group will be issued a tax increment revenue note to reimburse them <br />for eligible, unreimbursed costs. The principal amount of the revenue note should be <br />listed here. <br /> <br />76 MARGIN (Sales Revenue. Costs + Assistance) <br />The Margin is equal to all Sales Revenue plus all assistance less all costs. <br /> <br />60 <br />