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2020.02.05 EDC Packet
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2020.02.05 EDC Packet
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4. City of New Brighton TIF District Summary 12 Summary of Non-Pooled Obligations as of 12/31/18 District District Name Obligation Outstanding 23 Thorndale Plaza Interfund Loan - Municipal Development Fund 2,777 25 Lakeview Interfund Loan - Municipal Development Fund - 27 Ken's Market Interfund Loan - Municipal Development Fund 114,105 29 BCPII South (Soo Line) Interfund Loan - Municipal Development Fund 64,022 30 Brighton Village / Beisswenger's Interfund Loan - Municipal Development Fund 133,248 31 New Brighton Exchange (West Side) Interfund Loan - Municipal Development Fund 6,751,100 32 New Brighton Exchange (East Side) Interfund Loan - Municipal Development Fund 7,242,943 33 Marv's Transmission Interfund Loan - Municipal Development Fund 283,026 Summary of Outstanding Pooled Obligations (as of 12/31/18) Obligation Proceeds to District(s) District(s) Expected to Pay Final Payment Issue Amount Outstanding G.O. TIF Bond 2015B Refunded 2006A issue 31 & 32 31 & 32 2/1/2032 $ 17,385,000 $ 16,500,000 G.O. TIF Bond 2016A Refunded 2007B issue 31 & 32 31 & 32 2/1/2033 $ 8,705,000 $ 8,705,000 G.O. TIF Bond 2017A 31 & 32 31 & 32 2/1/2025 $ 5,040,000 $ 4,385,000
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