FY 18 Annual Report

ADDITIONAL INFORMATION

Capital Improvement Reserves

INTERNAL LOAN INFORMATION

LOAN NAME

DUE FROM

BALANCE 6/30/2018

Clubhouse Construction Loan

Golf Course Hotel/Motel Tax Shine Brothers Principal

$183,546.00 $67,515.70 $24,908.00 $200,000.00 $10,000.00 $97,916.45 $933,635.00

Economic Development - Shine Brothers Advanced Special Assessments

Interest (Anticipated) SPINA TIF

Fairway Court Housing Fairway Estate Loan

Green Industrial Sewer

TIF

$176,949.00

Hy-Vee Debt Prepayment

TIF

$0.00

Pederson Park Lighting Project

Spencer Little League Assoc.

$120,000.00

Iowa Great Lakes Trail Phase II

TIF

$258,000.00

TOTAL OUTSTANDING INTERNAL LOANS

$2,072,470.15

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