NOTICE OF CITY BLUE SPRINGS, MISSOURI
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| Pursuant to Section 99.865, RSMo, As Amended TIF Annual Statement for period ending September 30, 2011. |
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| 7 Hwy and 40 Hwy TIF Plan |
Approved: 06-18-07 |
| Payments in Lieu of Taxes Received as of 9-30-11. |
$ 275,349 |
| Payments in Lieu of Taxes Expended as of 9-30-11. |
$ 275,349 |
| Outstanding Bonded Indebtedness as of 9-30-11. |
No bonds were issued. |
| Description/status of the Redevelopment Plan and Projects: Project A and C are not activated. Project B was activated in 2007 and is operational. Two pad sites have not been completed as contemplated in the TIF Plan. |
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| Adams Farm TIF Plan |
Approved: 2-20-07 |
| Payments in Lieu of Taxes Received as of 9-30-11. |
$ 654,262 |
| Payments in Lieu of Taxes Expended as of 9-30-11. |
$ 654,262 |
| Outstanding Bonded Indebtedness as of 9-30-11. |
$ 31,845,000 |
| Description/status of the Redevelopment Plan and Projects: Project Areas A, B, and C were activated in 2008 and are operational. Construction of pad sites are still in progress. |
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| Copperleaf Village TIF Plan |
Approved: 8-29-05 |
| Payments in Lieu of Taxes Received as of 9-30-11. |
$ 173,169 |
| Payments in Lieu of Taxes Expended as of 9-30-11. |
$ 98,912 |
| Outstanding Bonded Indebtedness as of 9-30-11. |
No bonds were issued. |
| Description/status of the Redevelopment Plan and Projects: The project was activated in 2005 and is operational. Two pad sites have not completed as contemplated in the TIF Plan. |
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| Fall Creek TIF Plan |
Approved: 11-30-98 |
| Payments in Lieu of Taxes Received as of 9-30-11. |
$ 1,575,994 |
| Payments in Lieu of Taxes Expended as of 9-30-11. |
$ 1,575,994 |
| Outstanding Bonded Indebtedness as of 9-30-11. |
$ 1,967,500 |
| Description/status of the Redevelopment Plan and Projects: The project was activated in 2008 and is operational. One pad site has not been completed as contemplated in the TIF Plan. |
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| Woods Chapel TIF Plan, Project 1 |
Approved: 7-7-08 |
| Payments in Lieu of Taxes Received as of 9-30-11. |
$ 41,598 |
| Payments in Lieu of Taxes Expended as of 9-30-11. |
$ 5,913 |
| Outstanding Bonded Indebtedness as of 9-30-11. |
No bonds were issued. |
| Description/status of the Redevelopment Plan and Projects: Project Area 1 was activated in 2008. It is not operational and construction has not begun. Projects 2 and 3 are not activated. |
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| NOTE: This statement corresponds with the TIF Annual Report that is due November 15, 2011 to the Missouri Department of Economic Development. The FY 2010 financial data in this statement is unaudited. The City’s fiscal year ends September 30, 2011. Audited financial data will be available in January 2012. |
