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Urban Renewal and Redevelopment Activities <br /> - Including, but not limited to, off-site and <br /> on-site infrastructure extensions, site <br /> development and site preparation costs, <br /> land acquisition, building acquisition, <br /> rehabilitation, demolition, and Mississippi <br /> Riverfront Pathway development, etc. $150,000 <br /> Infrastructure Improvements <br /> - Including, but not limited to, certain <br /> municipal water and sanitary sewer <br /> system improvements, etc. $ 75.000 <br /> $625,000 <br /> Sources of Funds: <br /> Tax Increment $625,000 <br /> • Amount of Bonded Indebtedness to be Incurred: <br /> $ -0- <br /> In accordance with the TIF Plan, the city has elected to retain <br /> the full captured assessed value of TIF District No. 3 and to use <br /> all of the tax increment generated by the TIF District for <br /> purposes identified in the TIF Plan. The TIF District will <br /> generate more than enough revenue to fund the proposed public <br /> development activities. Therefore, it will not be necessary to <br /> extend the duration of TIF District No. 3 beyond the period <br /> described in the TIF Plan, or, to increase the amount of tax <br /> increment to be received in order to fund the proposed public <br /> development activities. <br /> 5.) Cash Flow Analysis - Attached as Exhibit A to this Modification <br /> is a revised cash flow analysis for the TIF District. This <br /> analysis sets forth the impact of the proposed public <br /> development activity. The cost of the public development <br /> activities will be paid from tax increment generated by TIF <br /> District No. 3 in excess of those funds necessary to pay existing <br /> debt service. <br /> • <br />