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(AS MODIFIED JANUARY 25, 2011) <br />The estimated public costs of the TIF District are listed below. Such costs are eligible for reimbursement from <br />tax increments of the TIF District. <br />Original Budget- Administrative <br />Adopted Amendment - <br />December 14, January 25, 2011 <br />2010 <br />Land/Building acquisition, Special <br />Assessments, Public Utilities, Site <br />Improvements/Preparation Costs, <br />Northstar Transit Station and related <br />infrastructure, and other Eligible <br />Improvements <br />Bond/Note Interest Payments <br />Administrative expenses <br />Other Expenditures <br />Capitalized Interest Payments <br />Total <br />$61,825,343 $61,825,343 <br />105, 312, 690 105, 312, 690 <br />18,570,896 18,570,896 <br />0 0 <br />$185,708,929 $185,708,929 <br />The City reserves the right to administratively adjust the amount of any of the items listed above or to <br />incorporate additional eligible items, so long as the total estimated public cost is not increased. <br />(AS MODIFIED MAY27, 2014) <br />The estimate of public costs and uses of funds associated with the District is outlined in the following <br />table. <br />USES OF TAX INCREMENT FUNDS TOTAL <br />Land/Building Acquisition $10,000,000 <br />Site Improvements/Preparation $10,000,000 <br />Utilities $10,000,000 <br />Other Qualifying Improvements $31,825,343 <br />Administrative Costs (un to 10%) $18,570,896 <br />PROJECT COST TOTAL $80,396,239 <br />Interest S105.312.690 <br />PROJECT AND INTEREST COSTS TOTAL $185,708,929 <br />City of Ramsey <br />Modification to the Tax Increment Financing Plan for Tax Increment Financing District No. 14 7 <br />