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Section 1: Description of the Plan and Project

Name of City and/or County:

West Plains

Name of Plan or Project:

S. U.S. Hwy 160 Corridor/Porter Wagoner Bl. R.P.

Report Period:

Jan 1 2023 12:00AM to Dec 1 2023 12:00AM

Name of the Person Who Prepared this Annual Report:

Earlene Rich

Contact Information:

City or County Contact Agency:

Phone:

417-256-7176

Private Sector Developer:

Walmart, R Hoover, R. Silvey, Carey Stewart

Person:

T Frumkin, R Hoover, R. Silvey, Carey Stewart

Phone:

417-256-7176

Original Date Plan/Project Approved:

Ordinance Number:

3413

Most Recent Plan Amendment:

05/01/2003

Ordinance Number:

3813

State House District:

154

State Senate District:

School District:

R-7

Location:

same as previous reports, no new areas or projects

Description of Plan/Project:

same as previous reports, no new areas or projects

Plan/Project Status:

Inactive

Area Type:

How was the "but-for" Determination Made?:

Number of Relocated Residences During This Report Period:

Number of Relocated Businesses During This Report Period:

Number of Parcels Acquired Through Use of Eminent Domain Power During This Report Period:

Identify Any Businesses That Have Relocation to the Redevelopment Area During this Report Period:

- None -

Estimate of New Jobs:

701

Actual To Date:

701

Estimate of Retained Jobs:

Actual To Date:

Section 2: Tax Increment Financing Revenues

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:
(As of Report Date)

$0.00

Economic Activity Taxes (EATs):

Total Received since inception:

$3,376,738.74

Amount on Hand:
(As of Report Date)

$4,000.57

Total Revenue on hand in the Special Allocation Fund as of Report Date:

$4,000.57

EXPENDITURES FOR TOTAL PROJECT COSTS FUNDED BY TIF:

Total Since Inception:

Report Period Only:

Public Infrastructure (streets, utilities, etc):

$1,944,059.65

$0.00

Site Development (grading, dirt moving, etc):

$0.00

Rehab of Existing Buildings:

$0.00

Acquisition of Land or Buildings:

$0.00

Other:

$0.00

AMOUNT PAID ON DEBT SERVICES:

Payments of principal and interest on outstanding bonded debt:

Since Inception:

$2,841,270.60

This Reporting Period:

$0.00

Reimbursement of developer for eligible cost:

Since Inception:

$338,193.20

This Reporting Period:

$0.00

Reimbursement to city/county (or other public entity) for eligible costs:

Since Inception:

$252,084.12

This Reporting Period:

$0.00

ANTICIPATED TIF REIMBURSEMENT COSTS:

Public Infrasture and Site Development Costs:

$1,960,385.00

Property Acquisition and Relocation Costs:

$0.00

Project Implementation Costs:

$0.00

Other:

$0.00

Other:

$0.00

Total Anticipated TIF Reimbursable Project Costs:

$1,960,385.00

ANTICIPATED TOTAL PROJECT COSTS:

$3,904,249.00

TIF FINANCING METHOD:

MATURITY OF TIF OBLIGATIONS:

Original Estimate (# of Years to Retirement):

Current Anticipated Estimate (# of Year to Retirement):

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:

$676,260.00

Total Amount of Base Year PILOTs:

$0.00

Total Annual EATs Anticipated at Time of District Termination:

$8,148,729.00

Total Annual PILOTs Anticipated at Time of District Termination:

$0.00

Percentage of EATs Captured:

Total Years Anticipated to Capture EATs:

Percentage of PILOTs Captured:

Total Years Anticipated to Capture PILOTs:

The Office of Missouri State Auditor

Scott Fitzpatrick

S. U.S. Hwy 160 Corridor/Porter Wagoner Bl. R.P.

Section 1: Description of the Plan and Project

- None -

Section 2: Tax Increment Financing Revenues