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Final Draft O429.202O <br />Finance Plan <br />List of Estimated Zone No.5 Project Costs <br />1. A detailed list describing the estimated Project Costs of Zone No. 5, including administrative <br />expenses <br />Table l itemizes the estimated Zone No. 5 Project Costs. Currently there are no administrative <br />expenses estimated Lobeincurred over the life ofZone No. S. <br />Statement of Proposed Pubic Works <br />2. A statement listing the kind, number, and location of all proposed public works or public <br />improvements inZone No. 6 <br />The improvements that Zone No. 5 is designed to facilitate will be located throughout Zone No. 5. <br />These improvements will assist with the development and redevelopment of Zone No. 5. The Map of <br />Project Boundaries shown on the cover page hereof illustrates the location of the proposed <br />improvements. <br />Economic FeasibilityStudy/information <br />3. AnEconomic Feasibility Study/information <br />In connection with the proposed development of the property within Zone No. 5 the City has <br />previously commissioned studies outlining the goals and feasibility of the redevelopment of Zone No. <br />5 CD -5D as set forth in Schedule A. This Finance Plan is economically feasible since all Project Costs <br />are paid only from tax increment revenues asthey become available. <br />Estimated Bonded Indebtedness <br />4. The estimated bonded indebtedness to be incurred <br />The City currently anticipates paying PnjeciCostsorneinnbupjngadeve|operfnrqua|UledPnject <br />Costs solely from tax increment revenues nnanannual basis. Nobond indebtedness will beincurred <br />for Zone No. 5. <br />Time whenCosts/Obligations |mcurred <br />5. The time when costs ormonetary obligations aretobeincurred <br />When payment of costs or reimbursements of costs are to be made is a function of the availability <br />ofZone No. 5tax increment revenues. Schedule Bisaprojection oftaxinonenoenirevenuesvvhichare <br />available and expected to be available in the future to pay or reimburse Zone No. 5 ProjectCnsts. <br />Zone No. 5Project Plan and Financing Plan <br />