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EXHIBIT C <br />Estimated Public Costs (Summary) <br />SOURCES OF FUNDS (Estimates) <br />1 Bond Proceeds <br />2 Investment Earnings <br />3 Administrative <br />4 Tax Increments <br />5 Local Contributions <br />6 Total Sources <br />USES OF FUNDS (Estimates) -PUBLIC COSTS <br />7 Land Acquisition <br />8 Public Improvements <br />9 Site Improvements <br />10 Demolition Costs <br />11 Relocation /Legal /Engineering <br />12 Underwriter's Bond Discount <br />13 Admin Costs -Bond Issuance <br />14 Admin Costs -All Other <br />15 Capitalized Interest <br />16 Interest (Net of Capitalized Interest) <br />17 Bond Principal <br />18 Transfer to District No. 2 <br />19 Estimated Fund Balance 2/1/20 <br />20 Total Uses <br />Project <br />Fund <br />2,730,000.00 <br />100,000.00 <br />1,500.00 <br />5,943,412.00 <br />37,023.00 <br />8, 811,935.00 <br />1,700,000.00 <br />1,100;000.00 <br />175,000.00 <br />120,000.00 <br />180,000.00 <br />53,508.00 <br />28,925.00 <br />380,517.00 <br />449,531.25 <br />1,894,453.75 <br />2,730,000.00 <br />8,811;935.00 <br />The City reserves the right to adjust the amount of any of the categories listed above or to <br />incorporate additional eligible categories, sol long as the total estimated public cost is not <br />increased. The City also reserves the right to fund the full amount of the public cost with <br />tax increment revenues. <br />ESTIMATE OF BONDED INDEBTEDNESS <br />The City reservves the right to fund all public costs using internal funding, general obligation <br />bonds, pay as you go finincing or any financing mechanism authorized by law. The principal <br />Amount of general obligation bands issues will not exceed $2,730,000. <br />_125_ <br />C-1 <br />