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Tax Increment Revenue Estimates <br /> • Total Gross TIF: $2,323,089 <br /> • City Retainage (10%): 232,319 <br /> • Net amount (90%): $2,090,770 <br /> • TIF Note Principal: $996,871 <br /> • TIF Note Interest (4.70%): $769,398 <br /> • Total payments to developer: $1 ,766,269 <br /> • Estimated term of assistance: 23 years <br /> • Estimated surplus revenues: $324,501 <br /> Public Sector Advisors 21 Springsted <br />