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TIF Projections District #2 - Gateway
<br />(2013)
<br />Actual Actual Actual Actual Projected Projected Projected Possible
<br />2007 2008 2009 2010 2011 2012 2013 Projects
<br />Revenues
<br />TIF Increments on agreements 1,511,247 1,597,314 1,713,092 1,778,780 1,437,582 1,437,582 1,437,582
<br />Land Sale -Brown 38,653
<br />Land Sale -Ace 278,749
<br />Sparkle Pool Rent 1,500
<br />Spohn Property Resale 438,242
<br />St Paul Terminal Net Sale 5,000
<br />Interest Earnings(2000 neg int adj for borrowing) 36,451.96 71,906.17 80303.68 122,918.08 67,028.93 23,737.12 24,765.80
<br />Total Revenue 1.441 51.986_62$ 51.793.395 51.901.695 $1,504611, 31.461.319 81462.348
<br />Expenses
<br />Sauter Land Purchase Bond Int (Fund 329 $1,680,r (12,697) (2,088) (7,152) (3,993) (608)
<br />Sauter Land Purchase Bond P6n (Fund 329 $1,68C (42,300) (45,000) (48,600) (51,300) (9,000)
<br />Parabody Pay - Go(site impr) (20,264) (20,264) (20,264) (20,264) (20,264) (20,264) (20,264)
<br />***Well #5 -Bond Prin (Fund 328 $1,695,000 bond) (450,000)
<br />Well #5 Bond lnt (Fund 328 $1,695,000 Bond) (24,075) (24,075) (12,038)
<br />Bond Interest (Fund 323/335 52,600,000 Bond) (21,315) (16,334) (10,468) (3,644)
<br />Bond Principal (Fund 323/335 52,600,000 Bond) (250,000) (255,000) (265,000) (265,000)
<br />Trunk Charges Systematic (210,000)
<br />SacJWac misc projects(estimated 12- 31 -01) (500,000)
<br />Sharp S &W Trunk Fees (95,611)
<br />Sharp Reimbursement - Sunfish Gateway (46,875) (46,875) (46,875) (46,875) (46,875)
<br />Sharp Storm Water Mgmt Fee (35,029)
<br />Precise Metalcraft(Storm, Sewer, Water) (29,163)
<br />Debt Service from TIF 8 (41,062) (84,577) (52,385) (82,476) (82,476) (82,746)
<br />F &C City Fees(Spending Plan) (2,444,000)
<br />Sharp - Duncan Project
<br />Administrative Expenses (87,238) (38,972) (35,133) (13,960) (40,000) (40,000) (40,000)
<br />Total Expense (9504,764) ($489,669) ($980,107) ($457,422) ($3,013,026) (9142,740) ($643,010)
<br />AVAILABLE REVENUES $1,487,676 $1,496,954 9813,288 51,444,276 (91,508,415) 51,318,579 9819,338
<br />CIP Project Costs:
<br />Bury Carlson Land (159,905)
<br />Command /National Growth -Minks Property (25,000) (25,000) (25,000)
<br />141st Avenue Road Construction (35,609)
<br />142nd Court Street Improvements (B&A Cyl) (325,000)
<br />Internal Loan from TIF 14 for Admin Fees F &C project (89,069) (410,931)
<br />Brothers Property (600,000)
<br />Johnson Brothers (415,300)
<br />Healthquest (800,000)
<br />D & P Properties (700,000)
<br />Site Impr such as demos on basalt (143,317)
<br />Perkins Property
<br />Parks Acquisition (17.500)
<br />Pond Reim -Tag Machine (19,360)
<br />Sparkle Pool (310,400)
<br />Brown (277,000) (4,500)
<br />McKinley Street (14,218) (6,601) (1,250,000)
<br />County Road #116 (#47 toDysprosium) (600,000)
<br />County Road #116 (Dysprosium to County #57) (58,225) (41,775)
<br />Total CtT Project Cost (470,144) (523,906) (102,584) (114,069) (1,377.706) (1,250,000)
<br />** *Projects complete or to be completed
<br />"'Projects as placeholders only - (Available Revenue less Total Project Costs) $1,017,532 $973,048 $710,704 91,330,207 (52,886,121) $68,579 $819,338
<br />Remaining TIF Balance/(Deficit) $1,454,636 92,427,684 53,138,388 $4,468,595 91,582,474 51,651,054 $2,470,391
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