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<br />EXHIBIT D <br /> <br /> TWIN LAKES REDEVELOPMENT AREA <br /> DEVELOPMENT AREAS 1 - 5 & 8 <br /> SOURCES & USES <br /> Areas 1-5 & 8 <br />1 5.00% City Admin Fees Housing Units 730 <br />2 2.50% Inflation Building SQ. Ft. 552,713 <br /> -- 80.5 <br />3 Acres <br />SOURCES <br />4 TIRev.Bonds (125% coveragel 1% inflatlonJ 5.50% 22,678,007 <br />5 TI Revenue Note 7.00% 7,035,217 <br />6 Hazardous Sub. Subdistrict (Rev. bonds; 120% CVQ.; PV 6/05) 5.50% 3,600,000 <br />7 Hazardous Sub. Subdistrict (Revenue note) 7.00% 412,500 <br />8 Transportation Improvements - City / County / State 3,000,000 <br />9 Environmental remediation grants - citY / County 1 State 1 Met Council 1 Federal 3,000,000 <br />10 Resale Value of Land 26,041,590 <br />1-.-- <br />11 TOTAL SOURCES 65,767,313 <br />USES <br />12 Land 1 Building Acquisition and Relocation 46,496,578 <br />13 Site Preparation (Qrading, demo, enQ., soil correction) 3,778,999 <br />14 Site Preparation - Environmental 7,846,038 <br />15 Landscaping and other public improvement costs 1,750,000 <br />16 Streets (Twin Lakes Parkway, Off Site) 3,266,449 <br />17 Contingency I (0% on aCQuisition; 10% other costs) 1,982,856 <br />18 Costs of Issuance (% of T.!. Revenue Bonds) 2.50% 656,950 <br />1--. I <br />19 TOTAL USES 65,777,871 <br />20 SURPLUS (DEFICIT) T10,557) <br /> <br />Twin Lakes 18e.xls <br /> <br />Prepared by Krass Monroe. P.A. <br /> <br />9/21/2004 <br />