Ooops, 17 Amendments!

Posted September 24th, 2012 @ 12:15 PM by

I missed the revised version . . . and there are two LETS GIVE THE DEVELOPERS WHAT THEY WANT TIF Amendments. This is absurd.

Agency/Project: PCED / Project No. 15 – TID 36- Capitol Gateway Corridor
Page(s): 135
Sponsors: Alds. Maniaci, Bidar-Sielaff

Provide funding for potential projects in the TID. The General Obligation borrowing is debt that is TID-eligible

General Obligation Debt – 12,000,000$
Debt Service – 1,406,766$
Other Funding – -
Total: 12,000,000$
TOAH Impact 15.72

Agency/Project:
PCED / Project No. 27 – Tax Incremental Finance Districts
Page(s): 137
Sponsors: Alds. Maniaci, Bidar-Sielaff

Provide additional funding for unspecified TID projects.
General Obligation Debt 5,000,000$
Debt Service 586,153$
Other Funding -
Total: 5,000,000$
TOAH Impact 6.55


Categories: | Madison | Media

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