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DRAFT 03.22.2021 <br />Finance Plan <br />List ofEstimated Zone No. 5 Project Costs <br />1. A detailed list describing the estimated Project CostsofZone No. G,including administrative <br />expenses <br />Table 1 itemizes the estimated Zone No. 5 Project Costs. Currently there are no administrative <br />expenses estimated tobeincurred over the life ofZone No. 5. <br />Statement ofProposed Public Works <br />2. A statement listing the kind,L number, and location of all proposed public xvmrhs or public <br />improvements inZone No.5 <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. S. The Map of <br />Project Boundaries shown on the cover page hereof illustrates the location of the proposed <br />improvements. <br />Economic Feasibility Study/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 />5CD-S1)asset forth inSchedule A. This Finance Plan iseconomically feasible since all Project Cnsts <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 P ject Costs or reimbursing a developer for qualified Project <br />Costs solely from tax increment revenues onunannual basis. Nobond indebtedness will beincurred <br />for Zone No. 5. <br />Time when kdigations/nourred <br />5. The time when costs or monetary obligations are to be incurred <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 8isaprojection oftaxincnannent/evenuesvvhichere <br />available and expected to be available in the future to pay or reimburse Zone No. 5 ProjectCosts. <br />Financing, Expected Sources ofRevenue <br />6. Adescription mfthe methods offinancing all estimated project costsandtheempectedsowrcem <br />mfrevenue to finance orpay Project Costs,induding the percentage oftax increment tmbe derived <br />from the property taxes of each taxing unit that levies taxes on real property in Zone No. 5. <br />Citv of San Marcos <br />Zone No. S Project Plan and Financing Plan 9 <br />