Laserfiche WebLink
MOORESVILLE REDEVELOPMENT COMMISSION tl <br /> Allocation Area No. I <br /> ILLUSTRATIVE PROJECT COSTS AND FUNDING <br /> Estimated Project Costs: <br /> Available Proceeds $5,825,000 <br /> Debt Service Reserve 670,000 <br /> Underwriter's discount (1.5%) 100,500 <br /> Bond issuance costs and contingencies 104,500 <br /> Total Estimated Project Costs $6,700,000 <br /> Estimated Project Funding: <br /> Illustrative Tax Increment Revenue Bonds $6,700,000 <br /> Total Estimated Project Funding $6,700,000 (jerk- <br /> (Subject <br /> je„k.(Subject to the comments in the accompanying report <br /> dated May 11, 2011 of Umbaugh) <br /> 7 <br />