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Tax Increment Financing Calculation of Assistance Needed: chan�es will be subject to the reasonable a�proval of the City and the Redeveloper. The Redevelopment A�reement will specif t�ptions or recourse available to the Redeveloper and the City if the Proiect cannot be made financially feasible. The City will provide the following tax increment financing to the Redeveloper, as set forth in greater detail below: The City will issue Tax Increment ("TI") Revenue Bonds payable only frpm tax increment generated by the Redevelopment Project for tax increment-eligible costs ("Eligible Costs") incurred by the Redeveloper. The Eligible Costs will include all costs eligible for payment with tax increment under applicable law. 2. The City will issue a pay-as-you-go TI Revenue Note or Notes, payable sole�v from tax increment, to reimburse the Redeveloper for Eligible Costs which have not been reimbursed by City public improvement or special assessment bonds or TI Revenue Bonds. The uentr�E� ze�-p��va�e-��ea� ;r��ePt��t�-��Redevelopment Agreement°'�� b�e�r�e��-�-�rie�e��—�--�� will ��K+r��:t�n lai n a schedule as to the timing of issuance by the City and the amounts of TI Revenue Bonds and TI Revenue Notes. Every six months, the Redeveloper will submit an itemization of Eligible Costs incurred to the City for certification. 2. Annually, the Redeveloper will submit a cumulative-to-date Sources and Uses and also a projected Sources and Uses through completion of the Project so that, prior to each issuance of TI Revenue Bonds, the City can determine the level of assistance needed based on an agreed-upon Redeveloper margin (see below). By December 31 of' the first fiill assessment year following completion of the Project (the "Reconciliation Date"), the Redeveloper will submit a Project Sources and Uses for a iinal accounting by the City and the Redeveloper of the level of assistance needed for the entire Project, including the Redeveloper's margin discussed furtl�er below. �