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• site preparation costs, land acquisition, building <br /> acquisition, rehabilitiation, demolition, and Mississippi <br /> Pathway development, etc. 150,000 <br /> Infrastructure Improvements <br /> Including, but not limited to, certain municipal water <br /> and sanitary sewer system improvements, etc. 75,000 <br /> Total $625,000 <br /> The above-referenced expenditures have been overstated as it is likely <br /> that only $550,000 will be available from District No. 3. <br /> With respect to the modification to TIF Plan No. 2 the following <br /> expenditures are proposed: <br /> Business Park and Industrial Park Activities <br /> (Same language as above) $50,000 <br /> 4111 Urban Renewal and Redevelopment Activities <br /> (Same language as above) 75,000 <br /> Infrastructure and Improvements <br /> (Same language as above) 50,000 <br /> Total $175,000 <br /> As with the proposed expenditures for District No. 3 fundsthe <br /> activities in District No.2 have been overstated as this account will <br /> have a balance of approximately $80,000. <br /> As EDA Commissioners can see, the proposed modifications will <br /> address two of the three major expenditures agreed to following the <br /> August workshop. They include downtown redevelopment activities <br /> and business park/industrial park initiatives. The remaining <br /> expenditure, that of east Highway 10 utilities writedown, will <br /> presumably be funded from former District No. 4. The cash balance in <br /> • this account totals approximately $450,000. <br />