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TIF Projections District #1-Rivers Bend
<br />Projected Revenue
<br />FOR TIF I
<br />District I (2011)
<br />Balance
<br />Actual
<br />2009
<br />Actual
<br />FUTURE
<br />Projected Projected
<br />2010 2011 2012
<br />2013>
<br />1,012,349 1,415,773 2,122,527 2,785,666 126,044
<br />Revenues
<br />TIF Increments 886,402 867,508 844,792
<br />Trans from TIF 10 Land sales/Orig Land Purchased with TIF 1 Bond (Fund 332) 787,803
<br />Advancement on F&C 10-year Loan (See $1,420,000 below) 120,000
<br />Transfer from TIF 10 for non -increment int attriuted to land sales above 24,713
<br />F&C Loan Paid Back
<br />Repay for Sunfish Park 30,000
<br />Bond Proceeds
<br />Transfer of Int earnings prior to 1997 to HRA (263,496)
<br />Interest Earnings 44,765.79 59,429.26 60,182.23 5,000.00 2,000.00
<br />Total Revenue
<br />1,300,000
<br />961,168 926,937 1,453,994 125,000 1,302,000
<br />Less:
<br />Bond Principal (Fund 322/334, 324)
<br />Bond Interest
<br />Bond Prn/Int-Sunfish Business Park(Fund 331, 332)
<br />($1,045,000 & $1,215,000) (327,127)
<br />(Azurite St & Waste Mgmt Site)
<br />Bond Principal (B&A Cyl $1,035,000) FUND #342 (175,000) (185,000) (200,000)
<br />Bond Interest (B&A Cyl $1,035,000) (28,485) (19,735) (10,300)
<br />McKinley Street or Road Reconstructions (1,235,000) Only After F&C pays back 1.3M
<br />Interfund Loan F&C (Tif Spending Plan) (1,420,000)
<br />Administrative Expenses (27,132) (15,448) (17,497) (1,217)
<br />Total Expense (557,744) (220,183) (227,797) (1,421,217) (1,235,000)
<br />CIP Project Costs:
<br />*** Well #3 (97 CIP)
<br />Amoco Acquisition
<br />KIH Acq (with TIF 2 & 4)
<br />B&A Cylinder (bonded)6 yrs @4.5%
<br />Ramp Construction Extension (see PIR Fund) (563,058) (123,405)
<br />Rail Stop ROW (862,064)
<br />Pay TIF 10 for Transaction Error by Ehlers (See $787,803 transfer above, put TIF 10 Neg) (377,936)
<br />County #116 acquisition (193,000) Only After F&C pays back 1.3M
<br />Total CIP Project Costs - - (563,058) (1,363,405) (193,000)
<br />Remaining TIF Balance
<br />1,415,773 2,122,527 2,785,666 126,044 44
<br />(Total Revenue less Total Project Costs
<br />PAGE 313
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