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HEDRA 11-12-09 V. d. Downtown Transit
City of Hastings EDA Target Priorities TABLE 6 2009-2013 2010 2011 2012 2013 2014 Total All Years Project Hudson Relocation 3,000,000 3,000,000 Business Park 100,000 100,000 100,000 100,000 400,000 Industrial Development 0 0 Business Loans-Revolving Fund 10,000 10,000 10,000 10,000 10,000 50,000 0 Target Areas under Consideration 0 Downtown 0 Block 3 0 Vermillion Street 0 23rd Street Traffic Light 20,000 20,000 40,000 Total Expenditures per year Revenue Sources Bonds $ 3,030,000 3,000,000 $ 130,000 $ 110,000 $110,000 $110,000 $ 3,490,000 3,000,000 EDA Levy (City) 100,000 100,000 100,000 100,000 400,000 HRA Levy 20,000 20,000 40,000 Revolving Cash Fund 10,000 10,000 10,000 10,000 10,000 50,000 Total Revenue Sources Debt Service P & I $ 3,030,000 300,000 $ 130,000 300,000 $ 110,000 300,000 $110,000 300,000 $110,000 $ 300,000 3,490,000 1,500,000 HRA Levy 300,000 300,000 300,000 300,000 300,000 1,500,000