Page 235 - 2018 Village Ordinance Book 122818

Proposed Amended TIF Project Cost Estimates

Village of Sturtev

Tax Incremen

Project List

Road
Constructi

/ Paving

Project ID Project Name/Type

Tier 1 1 North Willow Road- Durand to Willow 1,400,0
2 Sout Willow Road- South Property Line of Farm & Fleet to Broadway Drive 1,500,0
3 New Roadway south of AMT East from Willow to RR
4 Corliss Avenue- 84th St to 87th St 650,0
5 84th Street- Corliss to Durand 150,0
6 Intersection of 84th Street & Durand Ave. 140,0
7 Loumos Heights paving 1,000,0
8 Enterprise Way widening 175,0
9 Enterprise Way extension to West 250,0
10 Wisconsin St. San Sewer Extension (grinder system)
11 Stormwater detention & management 5,265,0

Wetland mitigation
Acquisitions ($4M Residential, $2.9mil Commercial)
Streetscape
Bike & Pedestrian paths
Street signage & lighting (Possible Historical- Wisconsin Street)
Environmental cleanup
Developer Incentives
Marketing
Engineering, Legal, Administrative, Financing, Auditing & other pro services

Tier 2 12 Stormwater Detention Basin (Include land acquistion)
Sanitary Sewer
Site Preparation - Grading and Street Construction

Total Projects

Notes: Project costs are estimates and are subject to modification

Note 1

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Project Plan TID No. 4 Territory & Project Plan Amendment

Submitted by Ehlers Page 21