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CTIY OF ROSEVII..LE. MAINESOTA
<br />SCHEDULE OF SOURCES AND USES OF PUBLIC FUNDS
<br />FOR MUNICIPAL DEVELOPMENT DISTRICT (INCLUDES AI.L TAX FINANCING DISTRICTS)
<br />INCEPTION TO DECEMBER 31, 1992
<br />Accomted
<br />Amwded for in Current
<br />Budget Prior Years Year Totel
<br />Source of Funds:
<br />Bond proceeds
<br />State MSA
<br />Tax inczements received
<br />Interest on invested funds
<br />Other
<br />Total Sovrces of Funds
<br />S 57,000,000 S 22,614,853 $ 22,614,853
<br />1,277,810 1,277,810
<br />16,356,926 S 6,429,398 22,786,37A
<br />5,460,572 699,132 6,159,704
<br />39,308 39,308
<br />$ 57,000,000 $ 45,749,469 $ 7,128,530 $ 52,877,999
<br />Uses of Funds:
<br />Land acquisition for developers $ 25,000,000 S 12,364,950 $ 1,364,530 $ 13,749,480
<br />Land ecquisition held by City 7,000,000 848,584 848,584
<br />Debt Service 15,000,000 11,525,873 4,026,754 15,552,627
<br />instellation of public
<br />utilities and improvements 10,000,000 7,770,509 3,549,006 ll,319,515
<br />Other - Bond Counsel, Administration
<br />Ezpense 1,856,094 895,081 2,751,175
<br />Total Uses ot Funds $ 57,000,000 $ 33,537,426 $ 10,683,955 $ 44,221,381
<br />Increase of (Dureese)
<br />in Funds Remaining $ 12,212,043 $ (3,555,425) $ 8,656,618
<br />Funds Remaining (or Deficiency)
<br />Jenuary 1
<br />Funds Remaining (or Deficiency)
<br />December 31
<br />(]) District properties sold to developers
<br />�
<br />Berger Trensfer snd Stvrage
<br />Lido's Restaurant
<br />Villa Park
<br />Everest Investments
<br />Ryan Construction (Twin l.akes)
<br />Ryen Construction (Twin Lakes)
<br />Cenhe Pointe
<br />Total
<br />83
<br />$ 0
<br />$ 12,212,043
<br />$ 0
<br />$ 8,656,618
<br />Authorrty Coat To Amount
<br />Cost Develocer Contributrd
<br />$ 700,000 $ i $ 699,999
<br />150,000 I 149,999
<br />150,000 1 149,999
<br />3,500,000 1 3,499,999
<br />1,084,950 1 1,084,949
<br />1,364,530 1 1,364,529
<br />6,800,000 1 6,799,999
<br />$ 13,749,480 $ 7 $ 13,749,473
<br />FORM Ol
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