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APPENDIX A <br /> PROJECT DESCRIPTION <br /> The Authority and the Developer will enter into a development agreement containing a pay-as-you-go note. <br /> Through the Note, the Authority will reimburse the Developer for eligible expenses with interest on the <br /> unpaid balance. The anticipated reimbursable expenses include: <br /> Land acquisition $775,000 <br /> Site improvements 100,000 <br /> Sewer connection fees 41,000 <br /> Park dedication fees 161,200 <br /> The actual costs to be reimbursed will be determined through the negotiation of the development agreement. <br /> In undertaking the TIF Plan,the Cityand the Authorityexpect to incur certain expenses. These expenses <br /> include, but are not limited to,the following: <br /> Sidewalk $12,000 <br /> Street lighting 32,000 <br /> Bury power lines 45,000 <br /> Traffic control(Brown Road/Highway 12) 150,000 <br /> Intersection improvements(Brown Road/Highway 12) 100,000 <br /> Access to Brimhall/Highway 12 intersection 100,000 <br /> Traffic control(Brimhall Avenue) 150,000 <br /> Access to Highway 12 50,000 <br /> To the degree permissible by the TIF Act,this Plan and the available funds,the Authority and the City will <br /> finance these activities with interfund loans and repayment from future tax increment revenues. <br /> APPENDIX -1 <br />