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Table 3. Playa Fnnrlc Alln[`atl(1n-7 (1f1L1 FQt~r„A+PC
<br /> Protects
<br />
<br />
<br />Fiscal
<br />Year
<br />
<br />Net Tax
<br />Increment
<br />OPA/
<br />DDA
<br />Obli ations
<br />
<br />
<br />dmin History Walk/
<br />W. Estudillo
<br />Pedestrian
<br />Connection
<br />
<br />Downtown
<br />Im vts.
<br />
<br />Town HaII
<br />S uare
<br />Other
<br />Capital
<br />Im vts. Commercial
<br />Rehab.
<br />Program
<br />2004-05 170,000 140,000 280,000 255,000 2,505,000 1,500,000 0
<br />2005-06 190,000 100,000 300,000 1,000,000 1,500,000 90,000
<br />2006-07 480,000 100,000 300,000 90,000
<br />2007-08 350.000 100,000 310,000 90,000
<br />2008-09 35Q000 110,000 310,000 10,000
<br />~~ur moo, ~.uy ~ .~wa cxurrur ~ nrue ve~a~men~ ngrrtcy.
<br />Table 3a. Playa Fnnr~c Alln~atinn_ ~f1M TT.,~ln+o
<br /> Protects
<br />~~
<br />
<br />Fiscal
<br />Year
<br />Net Tax
<br />Increment
<br />OPA/
<br />DDA
<br />Obli ations
<br />
<br />Admin History Walk/
<br />W. Estudillo
<br />Pedestrian
<br />Connection
<br />Downtown
<br />Im vts.
<br />Town Hail
<br />S uare
<br />Other
<br />Capital
<br />Im vts.
<br />Commercial
<br />Rehab.
<br />Program
<br />2004-OS 304,823 73,846 285,476 295,016 286,422 1,237,416 101,460 0
<br />2005-06 403,526 94,438 316,391 1,374,351 539,166 7,236 2,350 0
<br />2006-07 768,045 104,628 324,496 230,520 247,929 7,758 0 0
<br />2007 -08 838, 697 1 Z9, 723 433, 715 159, 442 1,176, 999 135,170 100, 094 S0, 000
<br />2008-09 622, 502 133, 615 446, 726 N/A 1, 098, 06Z 1, 234,943 N/A 50, 000
<br />~~u~~..- ~«y ~~ ~~,~ ~~a,~,,, ncucvci~~~i,cui ngcucy, wuan ruiaiyucs. rigures m rra~res represent proleehons
<br />The Agency issued Tax Allocation Bonds (TABs) in 2002 in this project area. As of July 1,
<br />2004, the TABS balance was $7 million. The money was allocated to capital improvement
<br />projects, including the History Walk, the West Estudillo Pedestrian Connection, the Downtown
<br />Lighting & Pedestrian Improvements, the Davis/East 14th Lighting & Pedestrian Improvements,
<br />pre-development costs of Town Hall Square (including property acquisitions at 290 Davis Street
<br />and 1199 East 14~' Street), and other smaller projects. Between July 1, 2004 and June 30, 2007,
<br />$3.7 million was spent on capital improvement projects, leaving a TABs balance, including
<br />interest, of $3.8 million. The majority of the remaining TABS balance is allocated to two
<br />projects - $2.3 million to implementation of the downtown improvement projects and $1.4
<br />million to development of Town Hall Square.
<br />Mid-Term Review ~ Page S
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