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Ord 2006-008
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Ord 2006-008
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Last modified
8/27/2007 8:55:45 AM
Creation date
8/27/2007 8:54:28 AM
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City Clerk
City Clerk - Document
Ordinances
Number
2006-8
Date
3/21/2006
Volume Book
166
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<br />I <br /> <br />I <br /> <br />I <br /> <br />List of Estimated Non-Project Cost Items <br /> <br />The Zone non-project costs include those development items that will <br />be funded by JQH for which no tax increment reimbursement is <br />expected. These non-project development items and their associated <br />costs are shown in Table B. <br /> <br /> <br />Table B <br />Non-Pro'ect Costs <br />Suites Hotel - 275 Rooms <br /> <br />$ 40,000,000 <br /> <br />Statement of the Method of Relocating Displaced Persons <br /> <br />The property included in the Zone is vacant so there will be no <br />displacement of residents as a result of the Zone. <br /> <br />PRELIMINARY ZONE FINANCING PLAN <br /> <br />List of Estimated Project Costs Including Administrative <br />Expenses <br /> <br />Table C lists the estimated costs for the proposed Conference Center <br />that will be constructed in the Zone. <br /> <br />Table C <br />Estimated Zone Project Costs <br /> <br />Conference Center $20,000,000 <br />Bond Issuance Costs 495,000 <br />Capitalized Interest 945,000 <br />Interest Costs 19,647,008 <br />Zone Creation Costs - <br />Total estimated project costs $41,087,008 <br />Portion of Project Costs to be borne by <br />JQH $11,824,950 <br />Portion of Project Costs to Subject to <br />Reimbursement bv the Zone $29,262,058 <br /> <br />5 <br />
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