Budget Corner: TIF #5 Expenses noted for Downtown Restoration

The following are the costs as listed in the 5-year capital plan for the 2007 year budget:

Main Street Reconstruction (Allen Creek to 1st)-----$1,000.000
10 Sanitary Sewer and Main Replacement on Main------$700,000.
Street Light Conduit Replacement on Main St----------$75,000
Allen Creek Bridge-----------------------------------$330,000
Downtown Streetscaping-------------------------------$598,000.

Total------------------------------------------------$2,703,000

Grants to be received---------------------------------$398,800.

Net amount to be financed-----------------------------$2,304,200