Name of City and/or County:
Clinton
Name of Plan or Project:
Hwy 7/13 TIF Plan
Report Period:
Oct 1 2022 12:00AM to Sep 1 2023 12:00AM
Name of the Person Who Prepared this Annual Report:
Mark Dawson, CEcD
City or County Contact Agency:
Private Sector Developer:
One80Development
Original Date Plan/Project Approved:
Most Recent Plan Amendment:
A Tract of land located in the Southeast Quarter of Section 34 and the Southwest Quarter of Section 35, Township 42 North, Range 26 West, in the City of Clinton, Henry County, Missouri,Approximately 16.69 acres /- located at the SW Corner of the following intersections MO 7 Hwy at 13 Hwy. Another parcel of plan at SE corner of Rives Road at 7 Hwy
Description of Plan/Project:
A retail mixed use development encompassing approximately 16.69 acres /-. Included in the project area is the plan for construction of approximately 150,000 square feet of commercial uses including such uses as retail, hotel and restaurants but not limited to such uses across the Redevelopment Project Area.
Plan/Project Status:
Inactive
How was the "but-for" Determination Made?:
Number of Relocated Residences During This Report Period:
0
Number of Relocated Businesses During This Report Period:
0
Number of Parcels Acquired Through Use of Eminent Domain Power During This Report Period:
0
Identify Any Businesses That Have Relocation to the Redevelopment Area During this Report Period:
Estimate of Retained Jobs:
0
TIF REVENUE DEPOSITS TO THE SPECIAL ALLOCATION FUND AS OF THE REPORT DATE:
Payments in Lieu of Taxes (PILOTs):
Total Received since inception:
$0.00
Amount on Hand:
$0.00
Economic Activity Taxes (EATs):
Total Received since inception:
$0.00
Amount on Hand:
$0.00
Total Revenue on hand in the Special Allocation Fund as of Report Date:
EXPENDITURES FOR TOTAL PROJECT COSTS FUNDED BY TIF:
Total Since Inception:
Report Period Only:
Public Infrastructure (streets, utilities, etc):
Site Development (grading, dirt moving, etc):
Rehab of Existing Buildings:
Acquisition of Land or Buildings:
AMOUNT PAID ON DEBT SERVICES:
Payments of principal and interest on outstanding bonded debt:
This Reporting Period:
$0.00
Reimbursement of developer for eligible cost:
This Reporting Period:
$0.00
Reimbursement to city/county (or other public entity) for eligible costs:
This Reporting Period:
$0.00
ANTICIPATED TIF REIMBURSEMENT COSTS:
Public Infrasture and Site Development Costs:
$3,379,250.00
Property Acquisition and Relocation Costs:
$3,085,000.00
Project Implementation Costs:
$3,879,138.00
Total Anticipated TIF Reimbursable Project Costs:
$35,909,973.00
ANTICIPATED TOTAL PROJECT COSTS:
$36,224,103.00
MATURITY OF TIF OBLIGATIONS:
Original Estimate (# of Years to Retirement):
0
Current Anticipated Estimate (# of Year to Retirement):
0
ESTIMATED INCREASE IN TAX GENERATION:
Original Assessed Value of the Redevelopment Project:
$0.00
Assessed Valuation Added to the Redevelopment Project:
$0.00
Anticipated Assessed Value at Time of District Termination:
$0.00
Total Amount of Base Year EATs:
$0.00
Total Amount of Base Year PILOTs:
$0.00
Total Annual EATs Anticipated at Time of District Termination:
$0.00
Total Annual PILOTs Anticipated at Time of District Termination:
$0.00
Percentage of EATs Captured:
0%
Total Years Anticipated to Capture EATs:
0
Percentage of PILOTs Captured:
0%
Total Years Anticipated to Capture PILOTs:
0
