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Agenda - Planning Commission - 11/02/1998
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Agenda - Planning Commission - 11/02/1998
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Meetings
Meeting Document Type
Agenda
Meeting Type
Planning Commission
Document Date
11/02/1998
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Future Developments (located throughout Development District No. 1) <br /> <br />Item <br /> <br />Principal Amount <br /> <br />Burger King Utility Extension <br />Business Park 95 Phase I <br />Business Park 95 Phase II <br />Highway 47 <br />Sunwood Drive-Sunny Ponds to 47 <br />149-Acre Site Acquisition <br />Waste Mgmt Site Acq. <br />Waste Area Street Imp-Sunwood Dr. <br />Anoka Co. HRA Senior Housing Project <br /> Subtotal <br /> <br />441,540 <br />234,000 <br />148,000 <br />1,526,182 <br />176,000 <br />1, 100,000 <br />1,300,000 <br />1,456,000 <br />900,000 <br />$7,281,722 <br /> <br />Administrative Costs* <br /> <br />$1,100,000 <br /> <br />GRAND TOTAL <br /> <br />$17,853,165 <br /> <br />The principal amount of bonds described in part 2 above includes a portion allocated <br />to administrative expenses. Total administrative costs will not exceed 10% of actual <br />tax increment expenditures. <br /> <br />All costs shown in this exhibit are principal amounts, and are deemed to include any necessary <br />capitalized interest. The City is authorized to pay interest on any TIF Bonds or internal loans. <br /> <br />SJB-151910 <br />RA125-52 F-3 <br /> <br /> <br />
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