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PROJECT TITLE: EULESS DEVELOPMENT CORPORATION INCENTIVE PROJECT CODE: DV9901
NET EFFECTS ON OPERATING AND TOTAL ESTIMATED CAPITAL COST:
MAINTENANCE COST (+ OR -) ANNUAL:
Direct Operatina Cost Will be based on the merits of
Personnel: Full Time each opportunity.
Part Time $ 0
Total Salary $ 0
Purchase of Services
Materials & Supplies
Utilities
0
Subtotal: $ 0 Total Estimated Capital Cost
Maintenance Costs Funding Source:
Transfer from:
EDC CIP Fund Balance $ 1, 338, 454
EDC Operating Fund $ 1, 000, 000
0 ED1002 - EDC Contingency $ 250, 000
Subtotal: $ 0 Transfer to FS# 2 & N Main ($ 787, 600)
Additional Funding Needed:
EDC Operating Fund $ 25, 000
Total Estimated Annual Cost $ 0 Total Funding $ 1, 825, 854
CURRENT STATUS
OVER/ UNDER
PHASE/ FUNDING SOURCE BUDGET EXPENDED BUDGET (- +) % EXPENDED
Economic Development Incentives $ 1, 825, 000 $ 1, 350, 295 $ 474, 705 74%
Irrigation Supplies $ 854 $ 853 $ 1 100%
TOTAL PROJECT 1, 825, 854 $ 1, 351, 148 $ 474, 706 74%
Ordinance No. 2432, Page 277 of 474
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