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• <br /> TIF No. 1 and No. 3 Estimated Ending Cash Balance <br /> Cash Balance 5/31/95 $809,459.00 <br /> Debt Outstanding - Ref. Bonds -371,020.00 <br /> Transfers to Debt Service 2/1/95 -102,897.50 <br /> Library Bond Obligation - 51,000.00* <br /> 1995 Increment 210,900.02 <br /> Balance Available $495,441.52 (excludes interest income) <br /> NOTE: TIF District No. 1 was decertified on 12/31/94; TIF <br /> District No. 3 will be decertified on 12/31/95. <br /> • * Represents 20 percent debt service coverage on the $255,000 library bond. <br /> This bond is retired in 2007, at which time the $51,000 may be used for <br /> another purpose. <br /> TIF No. 4 Summary <br /> $445,000 ± 5/31/95 Cash Balance <br /> . <br />