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REVENUE SOURCES <br />Water Utility $ 237,902.94 <br />Stormwater Management $ 255,075.50 <br />Anoka County Regional Rail $ 1,700,000.00 <br />TIF 2 * $ 500,000.00 <br />Land Sale Proceeds ** $ 665,700.00 <br />Total $ 3,358,678.44 <br />Funding Gap $ 1,760,013.22 <br />* available in 2013 <br />** value available under current distribution policy (COR revolving fund + MSA) <br />OTHER OPTIONS FOR CONSIDERATON TO FUND GAP <br />TIF # <br />$ <br />300,000.00 <br />TIF Bonding ## <br />$ <br />1,100,000.00 <br />Met Council TOD Grant <br />$ <br />2,000,000.00 <br />LR I P Grant <br />$ <br />500,000.00 <br />Total <br />$ <br />1,400,000.00 <br /># generated by improvements on newly created developable area (new retail node) <br />## generated by improvements within entire COR <br />TIF options are either/or, not cumulative <br />Grant options have pending application to Met Council and MnDOT <br />