Agenda Item Title:
18TI002 - Resolution Creating Park Hill Tax Increment District and Approving Project Plan
Funding Source & Fiscal Impact (if applicable):
Funding | Cost Center |
---|---|
$406,745.00 | Total Capital Costs |
$24,404.70 | Professional Fees |
$12,202.35 | Contingency Costs |
$222,714.73 | Financing / Interest (5.5%) |
$666,066.78 | Total TIF Financed Expenditures |
$20,000 | City of Rapid City – Imputed Administrative Fee |