HomeMy WebLinkAboutWaterloo_Downtown_Urban_Renewal__FYE2020CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Cover Sheet
CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS
CERTIFICATION TO COUNTY AUDITOR
Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested
Use One Certification Per Urban Renewal Area
City: Waterloo County: Black Hawk
Urban Renewal Area Name: Waterloo Downtown Urban Renewal
Urban Renewal Area Number: 07008 (Use five -digit Area Number Assigned by the County Auditor)
I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the
City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the
collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2
of Section 403.19 of the Code of Iowa.
Urban Renewal Area Indebtedness Not Previously Certified*: $ 14,813,312
*There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or
bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.)
The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification
until the above -stated amount of indebtedness is paid to the City. However, for any fiscal year a City may elect to
receive less than the available TIF increment tax by certifying the requested amount to the County Auditor on or
before the preceding December 1. (File 'CITY TIF FORM 2' with the County Auditor by the preceding December 1
for each of those fiscal years where all of the TIF increment tax is not requested.)
A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax received from
the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year
of occurrence. (File 'CITY TIF 'FORM 3' with the County Auditor when TIF indebtedness has been reduced by any
reason other than application of TIF increment tax received from the County Treasurer.)
Notes/Additional Information:
Please note that we removed $1,828,645.00 in debt reductions and revenue adjustments using Form 3 that did not carry
to this form. Net debt outstanding at 6/30/2020 should be $48,466,789.22
Dated this 23 day of November 2020
319.291.4323
Signature of Authorized Official Telephone
CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION
Page 1
TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR
City: Waterloo
Urban Renewal Area Name: Waterloo Downtown Urban Renewal
County: Black Hawk
Urban Renewal Area Number: 07008
(Use five -digit Area Number Assigned by the County Auditor)
Individual TIF Indebtedness Type/Description/Details:
1. Main Street Contract FY20
O 'X' this box if a rebate agreement. List administrative details on lines above.
2. Administrative Expenses
O 'X' this box if a rebate agreement. List administrative details on lines above.
3. GROW Cedar Valley $36,500
O'X' this box if a rebate agreement. List administrative details on lines above.
4. Grand Crossing I Tax Rebate Estimate Increase $568
O 'X' this box if a rebate agreement. List administrative details on lines above.
5. Grand Crossing II Tax Rebate Estimate Increast $630.00
Q'X' this box if a rebate agreement. List administrative details on lines above.
If more indebtedness entry lines are needed continue to Form 1.1 Page 2.
Date Approved*:
7/22/2019
Total Amount:
40,000
06/22/2020 42,595
1 /21 /2020 36,500
4/7/2014 568
5/6/2016 630
Total For City TIF Form 1.1 Page 1: 120,293
* "Date Approved" is the date that the local governing body initially approved the TIF indebtedness.
CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION
Page 2
TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR
City: Waterloo
Urban Renewal Area Name: Waterloo Downtown Urban Renewal
County: Black Hawk
Urban Renewal Area Number: 07008
(Use five -digit Area Number Assigned by the County Auditor)
Individual TIF Indebtedness Type/Description/Details:
6. Cedar Valley Realestate Tax Rebate estimate increase: $6,780.00
E'X' this box if a rebate agreement. List administrative details on lines above.
7. Arts Mall Properties Tax Rebate Estimate Increase: $24,540.00
E'X' this box if a rebate agreement. List administrative details on lines above.
8. Park Avenue Loft Tax Rebate Estimate Increase: $289,692.00
Q'X' this box if a rebate agreement. List administrative details on lines above.
9. Lincoln Savings Bank Development Agreement Tax Rebates
Estimate : $3,742,080.00
E'X' this box if a rebate agreement. List administrative details on lines above.
10. Makenda LLC Developemnt agreement Tax Rebates
Estimate: $4,390,786.00
Q'X' this box if a rebate agreement. List administrative details on lines above.
If more indebtedness entry lines are needed continue to Form 1.1 Page 3.
Date Approved*:
1/22/2019
Total Amount:
6,780
12/19/2016 24,540
6/8/2015 289,692
10/7/2019 3,742,080
10/14/2019 4,390,786
Total For City TIF Form 1.1 Page 2: 8,453,878
* "Date Approved" is the date that the local governing body initially approved the TIF indebtedness.
CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION
Page 3
TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR
City: Waterloo
Urban Renewal Area Name: Waterloo Downtown Urban Renewal
County: Black Hawk
Urban Renewal Area Number: 07008
(Use five -digit Area Number Assigned by the County Auditor)
Individual TIF Indebtedness Type/Description/Details:
11. QOZ 6 COMM Development Agreement
Tax Rebate Estimate: $1,288,360
E'X' this box if a rebate agreement. List administrative details on lines above.
12. Lincoln Savings Bank Development Grant
E'X' this box if a rebate agreement. List administrative details on lines above.
13. 2020B GO Bonds Techworks Platting
Principal: $31,000.00
Interest: $3,427.88
Q'X' this box if a rebate agreement. List administrative details on lines above.
14. 2020A GO Bonds Development Plan
Principal: $80,000
Interest: $12,575.56
E'X' this box if a rebate agreement. List administrative details on lines above.
15. 2019D GO Bonds (Refunded 2011B)
Principal: $945,000
Interest: $67,837.47
this box if a rebate agreement. List administrative details on lines above.
If more indebtedness entry lines are needed continue to Form 1.1 Page 4.
Date Approved*:
9/8/2015
Total Amount:
1,288,360
10/7/2019 3,550,000
5/18/2020 34,428
5/18/2020 92,576
5/6/2019 1,012,837
Total For City TIF Form 1.1 Page 3: 5,978,200
* "Date Approved" is the date that the local governing body initially approved the TIF indebtedness.
CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION
Page 4
TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR
City: Waterloo
Urban Renewal Area Name: Waterloo Downtown Urban Renewal
County: Black Hawk
Urban Renewal Area Number: 07008
(Use five -digit Area Number Assigned by the County Auditor)
Individual TIF Indebtedness Type/Description/Details:
16. 2020B GO Bonds Refunded
17.
18.
19.
20.
Principal: $260,000.00
Interest: $940.83
1:'X' this box if a rebate agreement. List administrative details on lines above.
1=I'X' this box if a rebate agreement. List administrative details on lines above.
1=I'X' this box if a rebate agreement. List administrative details on lines above.
1:1'X' this box if a rebate agreement. List administrative details on lines above.
1=I'X' this box if a rebate agreement. List administrative details on lines above.
Date Approved*:
05/18/2020
Total Amount:
260,941
Total For City TIF Form 1.1 Page 4: 260,941
* "Date Approved" is the date that the local governing body initially approved the TIF indebtedness.
CITY TIF FORM 3
TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF
TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER
CERTIFICATION TO COUNTY AUDITOR
Use One Certification Per Urban Renewal Area
City: Waterloo County: Black Hawk
Urban Renewal Area Name: Waterloo Downtown Urban Renewal
Urban Renewal Area Number: 07015 (Use five -digit Area Number Assigned by the County Auditor)
I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the
City has reduced previously certified indebtedness, by reason other than application of TIF increment tax received
from the County Treasurer, by the total amount as shown below.
Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example,
you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need
to know which particular indebtedness certifcation(s) to reduce. If rebate agreements are involved with a reduction,
and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five -digit
county increment taxing district numbers for reference.
Individual TIF Indebtedness Type/Description/Details:
Fischels Holdings LLC Tax Rebate Estimate Adjustment Reduction: $3,150.00
Bread to Beer Tax Rebate Estimate Adjustment Reduction: $7,686.00
JSA Multi Parcel Tax Rebate Estimate Adjustment Reduction: $8,106.00
Twin Trees Tax Rebate Estimate Adjustment Reduction: $4,694.00
Hotel President Tax Rebate Estimate Adjustment Reduction: $368.00
3 Stooges Tax Rebate Estimate Adjustment Reduction: $26,419.00
Gaymond Schultz Phase I Tax Rebate Estimate Adjustment Reduction: $2,720.00
Gaymond Schultz Phase II Tax Rebate Estimate Adjustment Reduction: $3,264.00
Amount
Reduced:
3,150
7,686
8,106
4,694
368
26,419
2,720
3,264
Gaymond Schultz Phase III Tax Rebate Estimate Adjustment Reduction: $3,264.00 3,264
Dolly James 2 Tax Rebate Estimate Adjustment Reduction: $381,876.00
Downtown Acq Fund 411 Refunded Adjustment: $519,565.00
Downtown Demo Fund 411 Refunded Adjustment: $519,565.00
381,876
519,565
519,565
Downtown Development Plan Fund 411 Adjustment: $76,000.00 76,000
2012C GO Bond Refunded with 2020B Adjustment: $271,967.50 271,968
Total Reduction In Indebtedness For This Urban Renewal Area: 1,828,645
Dated this 23
cue,i-F,, Ham.(-4
day of
November 2020
319.291.4323
Signature of Authorized Official Telephone
Schedule "1"
Cumulative as of June 30, 2020
Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
NO
DATE OF
ISSUANCE OR
EXPENDITURE
SOURCE
DESCRIPTION OF
INDEBTEDNESS
CUMULATIVE
AMOUNT
AMOUNT
INCURRED
147 W. Park Ave. Paving
Contract
$273,409.61
Advance
$273,409.61
91 Bridge Canopy
Contract
$573,433.57
Advance
$846,843.18
152 Fourth Street Paving
Contract
$323,983.56
Advance
$1,170,826.74
28 Bridge Lighting
Contract
$14,396.40
Advance
$1,185,223.14
Phase I Study
Contract
$15,000.00
Advance
$1,200,223.14
Phase II Study
Contract
$152,553.00
Advance
$1,352,776.14
613 Water Acquisition
Contract
$72,500.00
Advance
$1,425,276.14
UDAG #1 7/17/80
Principal
$1,001,627.00
G.O. Bonds
$2,426,903.14
Interest
$428,749.00
G.O. Bonds
$2,855,652.14
Phase III Study 12/20/80
Contract
$111,000.00
Advance
$2,966,652.14
UDAG #27/6/81
Principal
$774,990.00
G.O. Bonds
$3,741,642.14
Interest
$422,256.23
G.O. Bonds
$4,163,898.37
West Side Parking Ramp
7/15/82
Principal
$4,725,000.00
G.O. Bonds
$8,888,898.37
Interest
$4,779,262.50
G.O. Bonds
$13,668,160.87
East Side Parking Ramp 8/1/83
Principal
$1,500,000.00
G.O. Bonds
$15,168,160.87
Interest
$1,073,981.25
G.O. Bonds
$16,242,142.12
East Side Parking Facility
8/1/84
Principal
$350,000.00
G.O. Bonds
$16,592,142.12
Interest
$325,777.00
G.O. Bonds
$16,917,919.12
Conway Plaza Skywalk 8/1/84
Principal
$100,000.00
G.O. Bonds
$17,017,919.12
Interest
$93,079.00
G.O. Bonds
$17,110,998.12
East Fifth St. Parking Ramp
5/85
Principal
$50,000.00
G.O. Bonds
$17,160,998.12
Interest
$46,539.50
G.O. Bonds
$17,207,537.62
Tax Redeemed Properties 5/85
Contract
$5,004.49
Advance
$17,212,542.11
Skywalk Feasibility Study 8/85
Contract
$25,000.00
Advance
$17,237,542.11
317 E. 4th Longfellow Property
12/85
Contract
$12,000.00
Advance
$17,249,542.11
East Fifth Parking Ramp 5/86
Principal
$50,000.00
G.O. Bonds
$17,299,542.11
Interest
$37,051.09
G.O. Bonds
$17,336,593.20
Ellis Hotel Demolition 8/86
Contract
$15,000.00
Advance
$17,351,593.20
Ellis Hotel Demolition 8/86
Contract
$27,500.00
WIDA Advance
$17,379,093.20
Paving 6/87400 Blk E. 4th St.
500 Blk Lafayette
Principal
$360,000.00
G.O. Bonds
$17,739,093.20
Interest
$233,134.09
G.O. Bonds
$17,972,227.29
East Fifth Parking Ramp 6/87
Principal
$100,000.00
G.O. Bonds
$18,072,227.29
Interest
$64,759.47
G.O. Bonds
$18,136,986.76
Conway Plaza Phase I Skywalk
Refinancing 6/87
Principal
$100,000.00
G.O. Bonds
$18,236,986.76
Interest
$64,759.47
G.O. Bonds
$18,301,746.23
4th St. Bridge Covered
Walkway 6/88
Contract
$127,000.00
Advance
$18,428,746.23
Conway Plaza Skywalk 7/88 &
7/89
Loan
$132,625.00
Advance
$18,561,371.23
Park Avenue Parking Ramp
Expansion
Principal
$2,000,000.00
G.O. Bonds
$20,561,371.23
Interest
$1,092,565.97
G.O. Bonds
$21,653,937.20
Property acquisition for
Waterloo Industries 5/98
Principal
$37,055.17
1996 GO Bonds
$21,690,992.37
Interest
$19,020.08
1996 GO Bonds
$21,710,012.45
Acquisition 5/98
Principal
$37,944.83
1997 GO Bonds
$21,747,957.28
Interest
$18,369.06
1997 GO Bonds
$21,766,326.34
Interest on Advance FY 98-00
TIF
$68,160.00
Interest
$21,834,486.34
Acquisition & Demo FY 98-00
TIF
$116,002.25
Contracts
$21,950,488.59
Acquisitions & Demo FY 98-00
Financing
Principal
$647,654.75
1999 GO Bonds
$22598,143.34
Interest
$421,307.99
1999 GO Bonds
$23,019,451.33
Acquisitions & Demo FY 00
Financing
Principal
$80,602.57
2000 GO Bonds
$23,100,053.90
Interest
$42,108.59
2000 GO Bonds
$23,142,162.49
Parking Ramp Reconstruction
FY 99-00 Financing
Principal
$150,000.00
1998 GO Bonds
$23,292,162.49
Interest
$69,826.77
1998 GO Bonds
$23,361,989.26
Johnson Rebate # 1 & 2
5 yrs @ 100%, 8 yrs @ 100%
Principal
TIF Rebate
2000
920.934.30
923.382.923.56
2001
$21,381.91
$23,404,305.47
2002
934,795.88
923,439,101.35
2003
$35,043.46
$23,474,144.81
2004
$37,174.38
923511,319.19
2005
$21,086.46
923532,405.65
2006
$22,056.54
923554,462.19
2007
913,472.74
923567,934.93
2008
$13,871.48
923581,806.41
2009
$17,815.56
923599,621.97
GSW Rebate 5 yrs. @ 100%
Principal
TIF Rebate
2001
89,747.24
$23,609,369.21
2002
$10,982.28
$23,620,351.49
2003
$10,780.80
$23,631,132.29
2004
$11,732.94
$23,642,865.23
2005
$7,037.40
$23,649,902.63
Hollen Rebate 5 yrs. @ 100%
Principal
TIF Rebate
2001
$2,388.33
$23,652,290.96
2002
$2.954.68
$23.655.245.64
2003
$2,960.08
$23,658,205.72
2004
$3,156.64
$23,661,362.36
2005
$3,881.06
$23,665,243.42
Ritter Rebate 10 yrs @ 100% or
until $20,910 is pd
Principal
TIF Rebate
2001
$2,660.86
$23,667,904.28
2002
82,837.28
823,670,741.56
2003
$2.873.50
$23.673,615.06
2004
$3,031.20
$23,676,646.26
2005
$3,539.38
823,680,185.64
2006
$3,647.56
$23,683,833.20
2007
12,089.29
823,685,922.49
2008
$230.93
$23,686,153.42
Lown Rebate #1 5 yrs @ 100%
Principal
TIF Rebate
2001
$1,417.98
$23,687,571.40
2002
81,694.74
823,689,266.14
2003
$722.85
$23,689,988.99
2004
S1,005.92
023,690,994.91
2005
S2,982.84
S23,693,977.75
Page 1 of 8
Schedule "1"
Cumulative as of June 30, 2020
Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
Lown Rebate #2 5 yrs @ 100%
Principal
TIF Rebate
2001
$495.42
$23,694,473.17
2002
$565.50
$23,695,038.67
2003
$540.89
$23,695,579.56
2004
$604.16
$23,696,183.72
2005
$946.84
$23,697,130.56
Roberts Rebate 5 yrs @ 100%
Principal
TIF Rebate
2002?
$0
$23,697,130.56
2003?
$23,697,130.56
2004?
$23,697,130.56
2005?
$23,697,130.56
2006?
$23,697,130.56
Marsh Place Rebate 10 yrs
Principal
TIF Rebate
85% 2003
$11,693.83
$23,708,824.39
85% 2004
$12,668.38
$23,721,492.77
85% 2005
$8,193.78
$23,729,686.55
85% 2006
$6,771.88
$23,736,458.43
85% 2007
86,777.58
823,743,236.01
85% 2008
$6,855.68
$23,750,091.69
85% 2009
$6,743.00
823,756,834.69
75% 2010
$5,886.00
$23,762,720.69
60% 2011
$4,716.00
$23,767,436.69
45% 2012
$3,504.00
$23,770,940.69
Garthoff Rebate 5 yrs @ 100%
Principal
TIF Rebate
2003
$0
$23,770,940.69
2004
$23,770,940.69
2005
$23,770,940.69
2006
$23,770,940.69
2007
$23,770,940.69
Ament Rebate 5 yrs @ 100%
Principal
TIF Rebate
2002
$1,601.89
$23,772,542.58
2003
81,585.43
823,774,128.01
2004
$1,711.38
823,775,839.39
2005
$2,332.32
$23,778,171.71
2006
$2,424.79
$23,780,596.50
MIK Rebate 5 yrs @ 100%
Principal
TIF Rebate
2002
$6,516.00
$23,787,112.50
2003
$6,278.34
$23,793,390.84
2004
96,684.60
823,800,075.44
2005
$8,239.50
$23,808,314.94
2006
$8,540.82
$23,816,855.76
Micou Rebate
Principal
TIF Rebate
$23,816,855.76
100% 2006
$595.15
$23,817,450.91
100% 2007
$2,135.84
$23,819,586.75
100% 2008
$2,174.48
$23,821,761.23
100% 2009
$2,550.41
$23,824,311.64
100% 2010
$2,528.00
$23,826,839.64
Cedar Skyline Rebate
TIF Rebate
$23,826,839.64
Gmnor& Doyle 100%* 2003-2006
Principal
$35,701.16
$23,862,540.80
Gilmor &Doyle 100%* 2007
Principal
$14,041.39
$23,876,582.19
Gilmor & Doyle 2008
Principal
$16,127.59
$23,892,709.78
Landau Rebate 10 yrs @ 100%
Principal
TIF Rebate
2003
$13,646.60
$23,906,356.38
2004
$14,427.14
$23,920,783.52
2005
$17,025.24
923,937,808.76
2006
$17,615.74
$23,955,424.50
2007
920,435.62
923,975,860.12
2008
$20,610.38
$23,996,470.50
2009
$22,243.62
$24,018,714.12
2010
821,986.00
824,040,700.12
2011
$22,016.00
$24,062,716.12
2012
$21,812.00
$24,084,528.12
Orr Haifa Rebate 7 yrs @ 100%
Principal
TIF Rebate
5SA)
$7,824.63
$24,092,352.75
2009
$8,612.00
$24,100,964.75
2010
$8,516.00
$24,109,480.75
2011
$8,528.00
$24,118,008.75
2012
$8,450.00
$24,126,458.75
2013
$14,156.00
$24,140,614.75
2014
$13,226.00
$24,153,840.75
Slife Rebate 8 yrs @ 100%
Principal
TIF Rebate
2008
$6,808.06
$24,160,648.81
2009
$6,292.00
$24,166,940.81
2010
$6,200.00
$24,173,140.81
2011
$6,210.00
$24,179,350.81
2012
$6,152.00
$24,185,502.81
2013
$8,332.00
$24,193,834.81
2014
$7,784.00
$24,201,618.81
2015
$5,974.00
$24,207,592.81
Twin Trees LLC
Principal
TIF Rebate
$24,207,592.81
2018
$82.00
$24,207,674.81
2019
$0.00
824,207,674.81
2020
$25,216.00
$24,232,890.81
2021*
$15,878.00
824,248,768.81
2022*
$15,878.00
$24,264,646.81
2023*
$15,878.00
$24,280,524.81
2024*
$15,878.00
824,296,402.81
2025*
$15,878.00
$24,312,280.81
Courier Rebate 10 yrs 43)100%
Principal
TIF Rebate
2008
$6,740.10
$24,319,020.91
2009
89584.16
$24,328,605.07
2010
$9,446.00
$24,338,051.07
2011
$9,460.00
$24,347,511.07
2012
$9,372.00
$24,356,883.07
2013
$13,090.00
$24,369,973.07
2014
$6,114.00
$24,376,087.07
2015
$0.00
$24,376,087.07
2016
$0.00
$24,376,087.07
2017
$0.00
$24,376,087.07
NCN Ltd.Rebate 7 yrs @ 100%
Principal
TIF Rebate
2008
$4,556.93
$24,380,644.00
Page 2 of
Schedule "1"
Cumulative as of June 30, 2020
Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
2009
$27,069.77
$24,407,713.77
2010
032,256.00
824,439,969.77
2011
$33,154.00
$24,473,123.77
2012
039,058.00
$24,512,181.77
2013
$40,999.00
824,553,180.77
2014
$40,106.00
$24,593,286.77
2015
931,078.00
824,624,364.77
2016
$8,416.00
$24,632,780.77
2017
$25,343.00
$24,658,123.77
2018
$0.00
$24,658,123.77
Hollen II Rebate 5 yrs. 0,100%
Principal
TIF Rebate
2007
81,793.46
824,659,917.23
2008
$1,855.44
$24,661,772.67
Sold to I5A
$0.00
$24,661,772.67
2010
$0.00
$24,661,772.67
2011
$0.00
$24,661,772.67
CN Bank-3rd Floor 10 yrs. ®100%
Principal
TIF Rebate
20091
816,126.00
824,677,898.67
2010
$16,062.00
824,693,960.67
2011
$16,084.00
$24,710,044.67
2012
815,934.00
824,725,978.67
2013
$15,922.00
$24,741,900.67
2014
$14,876.00
$24,756,776.67
2015
86,012.00
824,762,788.67
2016
$1,788.00
$24,764,576.67
2017
$824.00
824,765,400.67
2018
$830.00
$24,766,230.67
JSA Development 5yrs. ®100%
Principal
TIF Rebate
$24,766,230.67
2009
86,146.00
824,772,376.67
2010
$6,088.00
824,778,464.67
2011
$6,096.00
$24,784,560.67
2012
86,040.00
824,790,600.67
2013
$9,766.00
$24,800,366.67
Jackie Rosic 5yrs. 0 100%
Principal
TIF Rebate
$24,800,366.67
2009
84,149.00
824,804,515.67
2010
$4,166.00
824,808,681.67
2011
$4,172.00
$24,812,853.67
2012
84,132.00
824,816,985.67
2013
$7,120.00
$24,824,105.67
Gaymond Schultz 10yrs.0,100%
Principal
TIF Rebate
$24,824,105.67
Phase l
836,812.00
824,860,917.67
Formerly Dolly James LLC 2016
$36,982.00
$24,897,899.67
820-824 Sycamore 2017
$36,524.00
$24,934,423.67
2018
$37,110.00
824,971,533.67
2019
$36,274.00
$25,007,807.67
2020
$36,960.00
$25,044,767.67
2021•
$36,960.00
825,081,727.67
2022*
$36,960.00
$25,118,687.67
2023*
$36,960.00
825,155,647.67
2024*
$36,960.00
$25,192,607.67
Gaymond Schultz
Principal
TIF Rebate
$25,192,607.67
Phase II 2016
836,982.00
825,229,589.67
Formerly Dolly James LLC 2017
$36,524.00
$25,266,113.67
910-914 Sycamore 2018
$37,110.00
$25,303,223.67
2019
836,274.00
825,339,497.67
2020
$36,960.00
$25,376,457.67
2021*
$36,960.00
$25,413,417.67
2022*
$36,960.00
825,450,377.67
2023*
$36,960.00
$25,487,337.67
2024*
$36,960.00
825,524,297.67
2025*
$36,960.00
$25,561,257.67
Gaymond Schultz
Principal
TIF Rebate
$25,561,257.67
Phase lII 2016
836,982.00
825,598,239.67
Formerly Dolly James LLC 2017
$36,524.00
$25,634,763.67
920-924 Sycamore 2018
$37,110.00
$25,671,873.67
2019
836,274.00
825,708,147.67
2020
$36,960.00
$25,745,107.67
2021*
$36,960.00
$25,782,067.67
2022*
$36,960.00
825,819,027.67
2023*
$36,960.00
$25,855,987.67
2024*
$36,960.00
825,892,947.67
2025*
$36,960.00
$25,929,907.67
Hotel President
Principal
$25,929,907.67
2018
827,417.00
825,957,324.67
2019
$26,162.00
$25,983,486.67
2020
$25,002.00
$26,008,488.67
2021*
829,170.00
826,037,658.67
2022*
$19,446.00
$26,057,104.67
2023*
$14,584.00
$26,071,688.67
2024*
$9,724.00
826,081,412.67
2025*
$9,724.00
$26,091,136.67
2026*
$9,724.00
826,100,860.67
2027•
$4,862.00
$26,105,722.67
Fischels Holdings, LLC 10yrs.e
Principal
TIF Rebate
$26,105,722.67
2016
$1,070.00
826,106,792.67
2017
$724.00
$26,107,516.67
2018
$878.00
$26,108,394.67
2019
8780.00
826,109,174.67
2020
$914.00
$26,110,088.67
2021*
$3,728.00
$26,113,816.67
2022*
$3,728.00
826,117,544.67
2023*1
$3,728.00
$26,121,272.67
2024*
$3,728.00
826,125,000.67
2025*
$3,728.00
$26,128,728.67
JSA Development Multi Parcels 5
Principal
TIF Rebate
$26,128,728.67
2016
8142,754.00
826,271,482.67
2017
$0.00
$26,271,482.67
2018
$49,392.00
$26,320,874.67
2019
826,320,874.67
2020
$111,218.00
$26,432,092.67
2021*
$59,662.00
$26,491,754.67
2022*
$6,560.00
826,498,314.67
2023*
$6,560.00
$26,504,874.67
2024*
$6,560.00
$26.511,434.67
Page 3 of
Schedule "1"
Cumulative as of June 30, 2020
Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
Court Square Bldg Co 5yrs ®100%
Principal
TIF Rebate
$26,511,434.67
2015
$0.00
$26,511,434.67
2016
$0.00
$26,511,434.67
2017
$0.00
$26,511,434.67
2018
$0.00
$26,511,434.67
2019*
$0.00
$26,511,434.67
HQAA-JSA, LLC
Principal
TIF Rebate
$26,511,434.67
2015
$0.00
$26,511,434.67
2016
827,943.00
$26,539,377.67
2017
$0.00
$26,539,377.67
2018*
_ $0.00
$26,539,377.67
2019*
_ $0.00
$26,539,377.67
2020*
_ $0.00
$26,539,377.67
2021*
_ $0.00
$26,539,377.67
2022*
_ $0.00
$26,539,377.67
2023*
_ $0.00
$26,539,377.67
2024*
$0.00
$26,539,377.67
Grand Crossing
Principal
TIF Rebate
$26,539,377.67
2018
$0.00
$26,539,377.67
2019
$64,440.00
$26,603,817.67
2020
$62,056.00
$26,665,873.67
2021*
$67,682.00
826,733,555.67
2022*
$67,682.00
$26,801,237.67
2023*
$67,682.00
826,868,919.67
2024*
$67,682.00
$26,936,601.67
2025*
$67,682.00
$27,004,283.67
2026*
$67,682.00
$27,071,965.67
2027*
$67,682.00
$27,139,647.67
2028*
$67,682.00
827,207,329.67
2029*
$67,682.00
$27,275,011.67
2030*
$67,682.00
827,342,693.67
2031*
$67,682.00
$27,410,375.67
2032*
$67,682.00
827,478,057.67
2033*
$67,682.00
$27,545,739.67
2034*
$67,682.00
$27,613,421.67
2035*
$67,682.00
$27,681,103.67
2036*
$67,682.00
$27,748,785.67
2037'
$67,682.00
827,816,467.67
2038*
$67,682.00
$27,884,149.67
Grand Crossings
Principal
TIF Rebate
$27,884,149.67
2020
$38,352.00
$27,922,501.67
2021`
$39,360.00
$27,961,861.67
2022*
$39,360.00
$28,001,221.67
2023*
$39,360.00
$28,040,581.67
2024*
$39,360.00
$28,079,941.67
2025*
$39,360.00
$28,119,301.67
2026*
$39,360.00
$28,158,661.67
2027*
$39,360.00
$28,198,021.67
2028*
$39,360.00
$28,237,381.67
2029"
$39,360.00
$28,276,741.67
2030"
$39,360.00
$28,316,101.67
2031*
$39,360.00
$28,355,461.67
2032"
$39,360.00
$28,394,821.67
2033*
$39,360.00
$28,434,181.67
2034"
$39,360.00
$28,473,541.67
2035*
$39,360.00
$28,512,901.67
2036"
$39,360.00
828552,261.67
2037*
$39,360.00
$28,591,621.67
2038"
$39,360.00
$28,630,981.67
2039*
$39,360.00
$28,670,341.67
3 Stooge
Principal
TIF Rebate
$28,670,341.67
2018
$0.00
$28,670,341.67
2019
$2,152.00
$28,672,493.67
2020
$2,242.00
$28,674,735.67
2021"
$2,242.00
$28,676,977.67
2022*
$2,242.00
$28,679,219.67
2023"
92,242.00
828,681,461.67
2024*
$2,242.00
$28,683,703.67
2025"
$2,242.00
828,685,945.67
2026*
$2,242.00
$28,688,187.67
2027*
$2,242.00
$28,690,429.67
2028*
$2,242.00
$28,692,671.67
Bread to Beer
Principal
TIF Rebate
$28,692,671.67
2018
$0.00
$28,692,671.67
2019
$60,006.00
$28,752,677.67
2020
$59,732.00
$28,812,409.67
2021*
$63,022.00
$28,875,431.67
2022*
$63,022.00
$28,938,453.67
2023*
$63,022.00
829,001,475.67
2024*
$63,022.00
$29,064,497.67
2025*
$63,022.00
829,127,519.67
2026*
$63,022.00
$29,190,541.67
2027*
$63,022.00
$29,253,563.67
2028*
$63,022.00
$29,316,585.67
2029"
$63,022.00
$29,379,607.67
2030*
$63,022.00
$29,442,629.67
2031*
$63,022.00
829505,651.67
2032*
$63,022.00
829,568,673.67
2033*
$63,022.00
$29,631,695.67
cv Real Estate
Principal
TIF Rebate
$29,631,695.67
2023*
$23,840.00
$29,655,535.67
2024*
$23,840.00
$29,679,375.67
2025*
$23,840.00
$29,703,215.67
2026*
$23,840.00
829,727,055.67
2027*
$23,840.00
$29,750,895.67
2028*
$23,840.00
829,774,735.67
2029*
$23,840.00
$29,798,575.67
2030*
$23,840.00
829,822,415.67
2031*
$23,840.00
$29,846,255.67
Page 4 of
Schedule "1"
Cumulative as of June 30, 2020
Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
2032*
$23,840.00
$29,870,095.67
2033*
$23,840.00
$29,893,935.67
2034*
$23,840.00
829,917,775.67
2035*
$23,840.00
$29,941,615.67
2036*
$23,840.00
829,965,455.67
2037*
$23,840.00
$29,989,295.67
Arts Mal Properties
Principal
TIF Rebate
$29,989,295.67
2022*
$64,748.00
830,054,043.67
2023*
$64,748.00
$30,118,791.67
2024*
$64,748.00
$30,183,539.67
2025*
864,748.00
$30,248,287.67
2026*
$64,748.00
$30,313,035.67
2027*
$64,748.00
830,377,783.67
2028*
$64,748.00
$30,442,531.67
2029*
$64,748.00
830,507,279.67
2030'
$64,748.00
$30,572,027.67
2031*
864,748.00
$30,636,775.67
2032*
$64,748.00
$30,701,523.67
2033'
864,748.00
$30,766,271.67
2034*
$64,748.00
830,831,019.67
2035'
864,748.00
$30,895,767.67
2036*
$64,748.00
830,960,515.67
2037'
864,748.00
$31,025,263.67
2038*
$64,748.00
831,090,011.67
2039'
864,748.00
$31,154,759.67
2040'
$64,748.00
$31,219,507.67
2041'
$64,748.00
$31,284,255.67
Park Ave t.oers
Principal
TIF Rebate
$31,284,255.67
2022'
$39,784.00
$31,324,039.67
2023'
$40,552.00
831,364,591.67
2024'
$40,552.00
$31,405,143.67
2025*
840,552.00
831,445,695.67
2026'
$40,552.00
$31,486,247.67
2027'
840,552.00
831,526,799.67
2028'
$40,552.00
$31,567,351.67
2029*
$40,552.00
831,607,903.67
2030'
$40,552.00
$31,648,455.67
2031*
$40,552.00
$31,689,007.67
Qo26Comm LLC
Principal
TIF Rebate
$31,689,007.67
2024*
$64,418.00
831,753,425.67
2025'
$64,418.00
$31,817,843.67
2026*
864,418.00
$31,882,261.67
2027'
$64,418.00
$31,946,679.67
2028'
$64,418.00
$32,011,097.67
2029'
$64,418.00
832,075,515.67
2030*
864,418.00
$32,139,933.67
2031'
$64,418.00
832,204,351.67
2032*
864,418.00
$32,268,769.67
2033'
$64,418.00
$32,333,187.67
2034*
$64,418.00
$32,397,605.67
2035'
$64,418.00
$32,462,023.67
2036'
864,418.00
832526,441.67
2037'
$64,418.00
$32,590,859.67
2038*
$64,418.00
832,655,277.67
2039'
$64,418.00
$32,719,695.67
2040'
$64,418.00
$32,784,113.67
2041'
$64,418.00
$32,848,531.67
2042'
864,418.00
$32,912,949.67
2043'
$64,418.00
$32,977,367.67
MakendalLC(Best Western)
Principal
TIF Rebate
$32,977,367.67
2024*
$231,094.00
833,208,461.67
2025'
$231,094.00
$33,439,555.67
2026*
$231,094.00
$33,670,649.67
2027'
$231,094.00
$33,901,743.67
2028'
$231,094.00
$34,132,837.67
2029'
$231,094.00
834,363,931.67
2030'
$231,094.00
$34,595,025.67
2031'
$231,094.00
834,826,119.67
2032'
$231,094.00
$35,057,213.67
2033'
$231,094.00
$35,288,307.67
2034'
$231,094.00
$35,519,401.67
2035*
$231,094.00
$35,750,495.67
2036*
$231,094.00
$35,981,589.67
2037'
$231,094.00
$36,212,683.67
2038'
$231,094.00
836,443,777.67
2039'
$231,094.00
$36,674,871.67
2040'
$231,094.00
836,905,965.67
2041'
$231,094.00
$37,137,059.67
2042'
$231,094.00
$37,368,153.67
Lincoln Savings Bank Tech 1 Bldg
Principal
TIF Rebate
$37,368,153.67
2024*
$187,104.00
837,555,257.67
2025*
$187,104.00
$37,742,361.67
2026'
$187,104.00
$37,929,465.67
2027'
$187,104.00
$38,116,569.67
2028'
$187,104.00
$38,303,673.67
2029*
$187,104.00
838,490,777.67
2030*
$187,104.00
$38,677,881.67
2031'
$187,104.00
838,864,985.67
2032*
$187,104.00
$39,052,089.67
2033'
$187,104.00
$39,239,193.67
2034*
$187,104.00
$39,426,297.67
2035'
$187,104.00
$39,613,401.67
2036*
$187,104.00
839,800,505.67
2037'
$187,104.00
$39,987,609.67
2038*
$187,104.00
840,174,713.67
2039'
$187,104.00
$40,361,817.67
2040'
$187,104.00
840,548,921.67
2041'
$187,104.00
$40,736,025.67
2042*
$187,104.00
$40,923,129.67
Page 5 of
Schedule "1"
Cumulative as of June 30, 2020
Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
2043"
$187,104.00
$41,110,233.67
Downtown Redevelopment
6/01
Principal
$307,500.00
2001 GO Bonds
$41,417,733.67
Interest
$145,177.00
2001 GO Bonds
$41,562,910.67
SSMID Taxes
Principal
$66,512.46
Contract
$41,629,423.13
Downtown St. RISE Match
Fund 413
Principal
$150,000.00
2003 GO Bonds
$41,779,423.13
Interest
$32,912.00
2003 GO Bonds
$41,812,335.13
US 63 Study Fund 411
Principal
$50,000.00
2001 GO Bonds
$41,862,335.13
Interest
$22,491.91
2001 GO Bonds
$41,884,827.04
Windows on Waterloo V
Fund 412
Principal
$11,002.00
2002 GO Bonds
$41,895,829.04
Interest
$7,674.00
2002 GO Bonds
$41,903,503.04
Downtown Redevelopment
Fund 413
Principal
$200,000.00
2003 GO Bonds
$42,103,503.04
Interest
$47,888.00
2003 GO Bonds
$42,151,391.04
Downtown Redevelopment
Fund 413
Principal
$55,358.07
2003 GO Bonds
$42,206,749.11
Interest
$14,490.00
2003 GO Bonds
$42,221,239.11
Downtown Redevelopment
Fund 413
Principal
$78,114.59
2003 GO Bonds
$42,299,353.70
Interest
$18,707.00
2003 GO Bonds
$42,318,060.70
Downtown Street Lighting
Fund 414
Principal
$40,000.00
2004 GO Bonds
$42,358,060.70
Interest
$13,450.00
2004 GO Bonds
$42,371,510.70
Main Street 2004
Principal
$30,000.00
Contract
$42,401,510.70
SSMID 2003
Principal
$56,641.16
Contract
$42,458,151.86
SSMID 2004
Principal
$896.59
Contract
$42,459,048.45
Main Street 2005
Principal
$30,000.00
Contract
$42,489,048.45
Downtown Acquisition Fund
414 (taxable)
Principal
$140,000.00
2004 GO Bonds
$42,629,048.45
Interest
$71,380.00
2004 GO Bonds
$42,700,428.45
Vandewalle Contract Fund
414
Principal
$60,000.00
2004 GO Bonds
$42,760,428.45
Interest
$23,225.36
2004 GO Bonds
$42,783,653.81
Downtown Redevelopment
Fund 414
Principal
$215,000.00
2004 GO Bonds
$42,998,653.81
Interest
$80,212.62
2004 GO Bonds
$43,078,866.43
Downtown Street Lighting
Fund 414
Principal
$10,000.00
2004 GO Bonds
$43,088,866.43
Interest
$3,965.36
2004 GO Bonds
$43,092,831.79
Main Street 2006
Principal
$30,000.00
Contract
$43,122,831.79
Downtown Acquisition
Fund 414
Principal
$150,000.00
2004 GO Bonds
$43,272,831.79
Interest
$53,362.50
2004 GO Bonds
$43,326,194.29
Downtown Acquisition
Fund 415
Principal
$850,000.00
2005 GO Bonds
$44,176,194.29
Interest
$282,397.50
2005 GO Bonds
$44,458,591.79
Downtown Dev Fund 406
tax exempt
Principal
$100,000.00
2006 GO Bonds
$44,558,591.79
Interest
$40,915.00
2006 GO Bonds
$44,599,506.79
WDC Properties I Acquisition
Contract
Principal
$240,000.00
Advance
$44,839,506.79
Interest
$24,330.00
Advance
$44,863,836.79
Downtown Dev. Fund 406
tax exempt
Principal
$500,000.00
2006 GO Bonds
$45,363,836.79
Interest
$194,662.60
2006 GO Bonds
$45,558,499.39
Downtown Property Acq.
Principal
$546,079.28
Advance
$46,104,578.67
Main Street 2007
Principal
$30,000.00
Contract
$46,134,578.67
Main I
Principal
$30,000.00
Contract
$46,164,578.67
Main Street 2009
Principal
$30,000.00
Contract
$46,194,578.67
Main Street 2010
Principal
$40,000.00
Contract
$46,234,578.67
Main Street 2011
Principal
$40,000.00
Contract
$46,274,578.67
Main Street 2012
Principal
$40,000.00
contract
$46,314,578.67
Main Street 2013
Principal
$40,000.00
contract
$46,354,578.67
Main Street 2014
Principal
$40,000.00
Contract
$46,394,578.67
Main Street 2015
Principal
$40,000.00
Contract
$46,434,578.67
Main Street 2016
Principal
$40,000.00
Contract
$46,474,578.67
1998 GO Bonds Refinanced -
Deduct Old Debt Service
Principal
($87,000.00)
1998 GO Bonds
$46,387,578.67
Interest
($14,231.00)
1998 GO Bonds
$46,373,347.67
1998 GO Bonds Refinanced -
Add New Debt Service
Principal
$87,600.00
2007 GO Bonds
$46,460,947.67
Interest
$12,654.00
$46,473,601.67
1999 GO Bonds Refinanced -
Deduct Old Debt Service
Principal
($287,327.00)
1999 GO Bonds
$46,186,274.67
Interest
($103,658.00)
1999 GO Bonds
$46,082,616.67
1999 GO Bonds Refinanced -
Add New Debt Service
Principal
$289,301.00
2007 GO Bonds
$46,371,917.67
Interest
$80,969.00
$46,452,886.67
Fund 407 Pump Station
Principal
$1,050,000.00
2007 GO Bonds
$47,502,886.67
Interest
$379,495.00
$47,882,381.67
Fund 407 Pump Station
(Refinanced -deduct old debt
Principal
($620,000.00)
2007 GO Bonds
$47,262,381.67
Interest
($125,852.50)
$47,136,529.17
Fund 414 Pump Station
(refinaced fund 407)
Principal
$620,000.00
2014 GO Bonds
$47,756,529.17
Interest
$92,693.01
$47,849,222.18
Fund 407 Parking Ramp
Principal
$700,000.00
2007 GO Bonds
$48,549,222.18
Interest
$257,645.00
$48,806,867.18
Fund 407 Parking Ramp
(Refinanced deduct old debt
Principal
($425,000.00)
2007 GO Bonds
$48,381,867.18
Interest
($86,377.50)
$48,295,489.68
Fund 414 Parking Ramp
Refinanced fund 407
Principal
$425,000.00
2014 GO Bonds
$48,720,489.68
Interest
$68,257.00
$48,788,746.68
Fund 407 Property Acq.
Tax exempt
Principal
$200,000.00
2007 GO Bonds
$48,988,746.68
Interest
$74,550.00
$49,063,296.68
Fund 407 Property Acq.
(Refinanced- Deduct old debt
Principal
($125,000.00)
2007 GO Bonds
$48,938,296.68
Interest
($25,042.50)
$48,913,254.18
Fund 414 Property Acq.
(Refinanced fund 407) Tax
Principal
$125,000.00
2014 GO Bonds
$49,038,254.18
Interest
$18,335.00
$49,056,589.18
Fund 407 Property Acq. Taxable
Principal
$200,000.00
2007 GO Bonds
$49,256,589.18
Interest
$71,112.50
$49,327,701.68
Fund 407 Development Plan
Principal
$100,000.00
2007 GO Bonds
$49,427,701.68
Interest
$39,250.00
$49,466,951.68
Fund 407 Development Plan
(Refinanced - deduct old debt
Principal
($65,000.00)
2007 GO Bonds
$49,401,951.68
Interest
($14,295.00)
$49,387,656.68
Fund 414 Development Plan
(Refinanced Fund 407)
Principal
$65,000.00
2014 GO Bonds
$49,452,656.68
Interest
$10,955.00
$49,463,611.68
2000 GO Bonds Refinanced
2007 - Deduct Old Debt Service
Principal
($9,761.00)
1999 GO Bonds
$49,453,850.68
Interest
($2,549.00)
1999 GO Bonds
$49,451,301.68
2000 GO Bonds Refinanced -
Add New Debt Service - 2007
Principal
$10,209.00
2007 GO Bonds
$49,461,510.68
Interest
$1,929.00
$49,463,439.68
Fund 408 Development Plan
Tax Exempt
Principal
$100,000.00
2008 GO Bonds
$49,563,439.68
Interest
$34,332.50
$49,597,772.18
Fund 408 Property Acq.
Principal
$150,000.00
2008 GO Bonds
$49,747,772.18
Page 6of8
Schedule "1"
Cumulative as of June 30, 2020
Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
Tax Exempt
Interest
$45,655.00
$49,793,427.18
Fund 408 Public Market
Principal
$585,000.00
2008 GO Bonds
$50,378,427.18
Taxable
Interest
$172,750.00
$50,551,177.18
Fund 408 Parking Ramp
Principal
$1,400,000.00
2008 GO Bonds
$51,951,177.18
Taxable
Interest
$407,250.00
$52,358,427.18
Fund 416 GO Bond FYE2016
Principal
($60,000.00)
2016 GO Bonds
$52,298,427.18
Refunding Portion 2008A
Interest
($10,052.50)
$52,288,374.68
Downtown Development
Fund 416 GO Bond FYE2016
Principal
($75,000.00)
2016 GO Bonds
$52,213,374.68
Refunding Portion 2008A
Interest
($10,950.00)
$52,202,424.68
Downtown Acquisitions
E. 4th Street Streetscape Project
Principal
$9,200.00
Advance
$52,211,624.68
E 4th Street Improvements
Principal
$420,029.47
Advance
$52,631,654.15
E 4th Street
Principal
$21,961.18
Advance
$52,653,615.33
2009 Downtown Parking
Principal
$700,000.00
2009 GO Bonds
$53,353,615.33
Garages - Exempt
Interest
$209,558.86
$53,563,174.19
2009 Downtown Development
Principal
$100,000.00
2009 GO Bonds
$53,663,174.19
Plan -Exempt
Interest
$31,156.89
$53,694,331.08
2009 Downtown Acquisitions -
Principal
$250,000.00
2009 GO Bonds
$53,944,331.08
Exempt
Interest
$71,649.06
$54,015,980.14
2009 Downtown Acquisitions -
Principal
$300,000.00
2009 GO Bonds
$54,315,980.14
Taxable
Interest
$81,214.30
$54,397,194.44
Fund 410 Downtown
Principal
$60,000.00
2010 GO Bonds
$54,457,194.44
Development Plan - Taxable
Interest
$10,893.17
$54,468,087.61
Fund 410 Downtown
Acquisitions Taxable
Principal
$506,000.00
2010 GO Bonds
$54,974,087.61
-
Interest
$97,450.89
$55,071,538.50
2002 GO Bonds Refinanced -
Principal
($11,002.00)
1999 GO Bonds
$55,060,536.50
Deduct Old Debt Service
Interest
($7,674.00)
1999 GO Bonds
$55,052,862.50
2002 GO Bonds Refinanced -
Principal
$11,031.56
2007 GO Bonds
$55,063,894.06
Add New Debt Service - Fund
410
Interest
$3,979.74
$55,067,873.80
2004 GO Bonds Refinanced -
Principal
($85,000.00)
2004 GO Bonds
$54,982,873.80
Deduct Old Debt Service
Interest
($18,705.50)
2004 GO Bonds
$54,964,168.30
2004 GO Bonds Refinanced -
Principal
$85,000.00
2011 GO Bonds
$55,049,168.30
Add New Debt Service - Fund
4,,
Interest
$13,486.06
$55,062,654.36
2005 GO Bonds Refinanced -
Principal
($510,000.00)
2005 GO Bonds
$54,552,654.36
Deduct Old Debt Service -
Downtown Acquisitions
Interest
($96,405.00)
$54,456,249.36
2005 GO Bonds Refinanced -
Principal
$510,000.00
2012 GO Bonds
$54,966,249.36
Add New Debt Service - Fund
412 (2012)
Interest
$51,204.18
$55,017,453.54
2003 GO Bonds Refinanced -
Principal
($60,000.00)
2003 GO Bonds
$54,957,453.54
Deduct Old Debt Service -
Comm St Extension
Interest
($6,290.00)
$54,951,163.54
2003 GO Bonds Refinanced -
Principal
$60,000.00
2012 GO Bonds
$55,011,163.54
Add New Debt Service - Fund
412 (2012)
Interest
$1,892.82
$55,013,056.36
2003 GO Bonds Refinanced -
Principal
($30,446.87)
2003 GO Bonds
$54,982,609.49
Deduct Old Debt Service -
Courier Bldg Acq (Midport)
Interest
($3,401.00)
$54,979,208.49
2003 GO Bonds Refinanced -
Principal
$30,446.87
2012 GO Bonds
$55,009,655.36
Add New Debt Service - Fund
Interest
$698.56
$55,010,353.92
412 (20121
2003 GO Bonds Refinanced -
Principal
($35,149.00)
2003 GO Bonds
$54,975,204.92
Deduct Old Debt Service -
Courier Blde Aca (Rathl
Interest
($3,686.00)
$54,971,518.92
2003 GO Bonds Refinanced -
Principal
$35,149.00
2012 GO Bonds
$55,006,667.92
Add New Debt Service - Fund
Interest
$985.75
$55,007,653.67
412 (2012)
2003 GO Bonds Refinanced -
Principal
($28,840.00)
2003 GO Bonds
$54,978,813.67
Deduct Old Debt Service -
Interest
($3,305.00)
$54,975,508.67
Downtown Lighting
2003 GO Bonds Refinanced -
Principal
$28,840.00
2012 GO Bonds
$55,004,348.67
Add New Debt Service - Fund
Interest
$602.56
$55,004,951.23
2007 GO Bonds Refinanced -
Principal
($139,873.00)
2007 GO Bonds
$54,865,078.23
Deduct Old Debt Service
Interest
($16,598.00)
$54,848,480.23
2007 GO Bonds Refinanced -
Principal
$139,873.00
2014 GO Bonds
$54,988,353.23
Add New Debt Service - Fund
Interest
$12,378.00
$55,000,731.23
2006 GO Bonds Refinanced -
Principal
($385,000.00)
2014 GO Bonds
$54,615,731.23
Deduct Old Debt Service
Interest
($61,077.52)
$54554,653.71
2006 GO Bonds Refinanced -
Principal
$385,000.00
2014 GO Bonds
$54,939,653.71
Add New Debt Service - Fund
Interest
$1,477.80
$54,941,131.51
Fund 411 Downtown
Principal
$100,000.00
2011 GO Bonds
$55,041,131.51
Development Plan -Taxable
Interest
$37,066.11
$55,078,197.62
Fund 411 Downtown
Principal
$800,000.00
2011 GO Bonds
$55,878,197.62
Acquisitions -Taxable
Interest
$269,240.97
$56,147,438.59
Fund 411 Downtown
Principal
$800,000.00
2011 GO Bonds
$56,947,438.59
Demolitions - Taxable
Interest
$269,240.97
$57,216,679.56
Fund 412 Downtown
Principal
$800,000.00
2012 GO Bonds
$58,016,679.56
Acquisitions - Taxable
Interest
$98,233.13
$58,114,912.69
Fund 412 Downtown
Principal
$60,000.00
2012 GO Bonds
$58,174,912.69
Development Plan
Interest
$7,290.00
$58,182,202.69
Page 7of8
Schedule "1"
Cumulative as of June 30, 2020
Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
Fund 413 Downtown
Principal
$950,000.00
2013 GO Bonds
$59,132,202.69
Acquisitions - Taxable
Interest
$125,810.76
$59,258,013.45
Fund 413 Downtown
Principal
$80,000.00
2013 GO Bonds
$59,338,013.45
Development Plan
Interest
$10,579.03
$59,348,592.48
Fund 414 Techworks
Principal
$3,500,000.00
2014 GO Bonds
$62,848,592.48
Interest
$1,112,697.40
$63,961,289.88
Fund 414 Downtown
Principal
$80,000.00
2014 GO Bonds
$64,041,289.88
Development Plan
Interest
$13,255.56
$64,054,545.44
Fund 414 Downtown
Principal
$345,000.00
2014 GO Bonds
$64,399,545.44
Acquisitions
Interest
$114,661.47
$64,514,206.91
Fund 415 Downtown
Principal
$80,000.00
2015 GO Bonds
$64,594,206.91
Development Plan - Tax
Interest
$14,813.33
$64,609,020.24
Fund 415 Downtown
Principal
$200,000.00
2015 GO Bonds
$64,809,020.24
Acquisitions -Taxable
Interest
$29,232.11
$64,838,252.35
Fund 416 GO Bond FYE2016A
Principal
$80,000.00
2016 GO Bonds
$64,918,252.35
Interest
$9,875.56
$64,928,127.91
Fund 416 GO Bond FYE2016B
Principal
$239,000.00
2016 GO Bonds
$65,167,127.91
Interest
$26,472.57
$65,193,600.48
Fund 416 GO Bond
Principal
$9,250,000.00
2016 GO Bonds
$74,443,600.48
FYE2016CTechworks
Interest
$3,031,639.19
$77,475,239.67
Fund 416 GO Bond FYE2016
Principal
$60,000.00
2016 GO Bonds
$77,535,239.67
Refunding Portion 2008A
Downtown Development
Interest
$5,206.67
$77,540,446.34
Fund 416 GO Bond FYE2016
Principal
$75,000.00
2016 GO Bonds
$77,615,446.34
Refunding Portion 2008A
Downtown Development
Interest
$5,683.33
$77,621,129.67
Teamsters Acquisition
Principal
$92,781.02
Advance
$77,713,910.69
E 4th Street
Principal
$31,886.19
Advance
$77,745,796.88
TechWorks
Principal
$24,104.93
Advance
$77,769,901.81
TIF Expansion
Principal
$1,063.75
Advance
$77,770,965.56
Cedar Skyline Advance
Principal
$247,500.00
Advance
$78,018,465.56
TechWorks (FY13)
Principal
$3,977.50
Advance
$78,022,443.06
TechWorks (FY14)
Principal
$4,410.00
Advance
$78,026,853.06
Administrative Expenses FY15
Principal
$9,467.97
Advance
$78,036,321.03
Administrative Expenses FY16
Principal
$13,400.00
Advance
$78,049,721.03
FUND 409 Downtown Parking
Principal
($390,000.00)
2009 GO Bonds
$77,659,721.03
Garage Exempt REFUNDED
Interest
($58,788.49)
REFUNDED
$77,600,932.54
2017A refinance of Fund 409
Principal
$390,000.00
2017A GO
$77,990,932.54
Downtown Parking Garage
Interest
$44,787.50
Bonds
$78,035,720.04
FUND 409 Downtown Acq
Principal
($135,000.00)
2009 GO Bonds
$77,900,720.04
Exempt REFUNDED
Interest
($20,036.28)
REFUNDED
$77,880,683.76
2017A Refinanced of FUND 409
Principal
$135,000.00
2017A GO
$78,015,683.76
Downtown Acq
Interest
$16,436.25
Bonds
$78,032,120.01
FUND 409 Downtown
Principal
($60,000.00)
2009 GO Bonds
$77,972,120.01
Development Pan Exempt
Interest
($9,603.85)
REFUNDED
$77,962,516.16
2017A Refinanced fund 409
Principal
$60,000.00
2017A GO
$78,022,516.16
Downtown Dev. Plan
Interest
$7,855.00
Bonds
$78,030,371.16
2017 GO Bond
Principal
$75,000.00
2017 GO Bonds
$78,105,371.16
Interest
$17,881.25
$78,123,252.41
Main Street Contract FY17
Principal
$40,000.00
Advance
$78,163,252.41
Administrative Expenses FY17
Principal
$17,449.39
Advance
$78,180,701.80
Singlespeed Contract FY17
Principal
$168,416.66
Advance
$78,349,118.46
2017 GO Bond (IRD)
Principal
$8,100,000.00
2017 GO Bonds
$86,449,118.46
Interest
$2,681,451.01
$89,130,569.47
Main Street Contract FY18
Principal
$40,000.00
Advance
$89,170,569.47
Administrative Expenses FY18
Principal
$27,057.32
Advance
$89,197,626.79
Singlespeed Contract FY18
Principal
$142,194.06
Advance
$89,339,820.85
Bread to Beer Grant FY18
Principal
$20,000.00
Advance
$89,359,820.85
2018A GO Bond (added FY19)
Principal
$80,000.00
2018 GO Bonds
$89,439,820.85
Interest
$14,880.00
$89,454,700.85
2019A GO Bond FY 19
Principal
$80,000.00
2019 GO Bonds
$89534,700.85
Interest
$14,886.67
$89,549,587.52
2019B GO Bonds
Principal
$550,000.00
2019 GO Bonds
$90,099,587.52
Interest
$84,644.89
$90,184,232.41
Downtown Acq Fund 411
Principal
($440,000.00)
2019 GO Bonds
$89,744,232.41
Taxable REFUNDED with
Interest
($79,565.00)
$89,664,667.41
Downtown Demo Fund 411
Principal
($440,000.00)
2019 GO Bonds
$89,224,667.41
Taxable REFUNDED with
Interest
($79,565.00)
$89,145,102.41
Downtown Development Plan
Principal
($65,000.00)
2019 GO Bonds
$89,080,102.41
Fund 411 Taxable REFUNDED
Interest
($11,000.00)
$89,069,102.41
2019D (Refunded 2011B, 3
Principal
$945,000.00
2020 GO Bonds
$90,014,102.41
bonds refunded)
Interest
$67,837.47
$90,081,939.88
2020A GO Bond Development
Principal
$80,000.00
2020 GO Bonds
$90,161,939.88
Plan
Interest
$12,575.56
$90,174,515.44
2012C GO Bond Refinanced
Principal
$260,000.00
2020 GO Bonds
$90,434,515.44
with 202013
Interest
$940.83
$90,435,456.27
2020B GO Bond Techworks
Principal
$31,000.00
2020 GO Bonds
$90,466,456.27
Platting
Interest
$3,427.88
$90,469,884.15
2012C GO Bond Refunded with
Principal
($260,000.00)
2020 GO Bonds
$90,209,884.15
2020B
Interest
($11,967.50)
$90,197,916.65
Main Street contract FY19
Principal
$40,000.00
Advance
$90,237,916.65
Administrative Expenses FY19
Principal
$37,633.52
Advance
$90,275,550.17
Bread to Beer ED Contract FY19
Principal
$630.67
Advance
$90,276,180.84
CV Real Estate ED Grant
Principal
$300,000.00
Advance
$90576,180.84
Makenda Hotel ED Grant
Principal
$450,000.00
Advance
$91,026,180.84
LSB Direct Grant
Principal
$3,550,000.00
Advance
$94576,180.84
Main Street Contract FY20
Principal
$40,000.00
Advance
$94,616,180.84
GROW CV Contract FY20
Principal
$36,500.00
Advance
$94,652,680.84
Administrative Expenses FY20
Principal
$42,595.19
Advance
$94,695,276.03
$94,695,276.03
$94,695,276.03
$94,695,276.03
$94,695,276.03
* Estimated
Page 8of8