Common Contracts

1 similar Tax Increment Financing Agreement contracts

University Edge agreement pays only increment against P&I annually; once 20 years are complete
Tax Increment Financing Agreement • March 15th, 2024

City & County TIF 2023 Revenue 1,098,743 rates TIF Project Debt Outstanding at 12/31/23 TIF 2023 Interest Revenue 58,167 0% Tipton Street - Total TIF 2023 Revenue 1,156,910 7.00% University Edge* 2,750,000 3.58% Downtown Centre TIF 899,867 2024 Calendar Year Estimated Revenue 2.56% Downtown Pavillion 738,375 Tax Year 2023 Washington County 500,000 3.72% Cherry Street 110,612 Tax Year 2023 City of Johnson City 600,000 4.25% Model Mill* 900,000 2024 Interest 75,000 5.50% Triple G 190,908 Est 2024 Revenue 1,175,000 5.25% MMM Enterprises 120,889 Total TIF Project Debt Outstanding 12/31/23 5,710,651 2023 TIF Façade Dedicated TIF Debt Ceiling (10% Real Property Value: 105,227,691) 10,522,769 05.22.23 Beacon FCU; 205/207 E. Main 10,000 08.25.23 J. Corbin; 128/130 Spring St. 20,000 02.23.24 J. Shelton; 117 W. Fairview Ave 8,250 Projected TIF Funds Available for Investment Thru 2030 Total 38,250 December 2023 Ending Cash Balance 2,066,762

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