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Moml&n Rouse Spedfle Plan III <br /> --------------­­.......................... ......­­­­­........................... ............... ..............- <br /> Table 16-3: Sources of Funds for Capital Improvements and Public <br /> Facilities <br /> Source Amount(5) <br /> Private Capital(1) $64.192,137 <br /> Rate-based utility finandrig(2) $5.083,497 <br /> Public Financing(3) TBO <br /> MHTIF(4) $37,842,526 <br /> MI-ICSD Fees(4) $18,291,041 <br /> PLEP Credits $0 <br /> `Dotal $125,609,201 <br /> (1)Private financing and land sales proceads <br /> (2)Financing will be based on utility rates. <br /> (3)Bond proceeds less closing costs and debt service reserve. Amount 713D. <br /> (4)These feEr,will be paid by developers as a condition of annexationffiuliding permit. <br /> (5) Includes 10%contingency. <br /> Sources: Mountain House Community Servlcm District, Economic&Planning Systems, Inc, <br /> A detailed breakdown of school tadlity costs and phasing assumptions is provided In the Public <br /> Financing Plan(PPP)- Operational assts for schools serving Mountain HousewIll be the responsibility <br /> of the School Dislrkcts. The costs Of SGhO01 planning and construction WIII be funded by new <br /> d avolu pment,largely th roug h annexation into the Community Fa cliffies 01 strict already creates for that <br /> pufpose In ille rest of Mountalfi House, but may he decreased by revenues obtained from the State <br /> and other sources. Initial K-8 planning costs shall be advanced by the developers, subject to <br /> subsequent reimbursement. <br /> Although subsequentmItigalflon iagreamen[B with School DisirictsvAll determine specific mitigation and <br /> phasing requIrements.,the <br /> ia-­Gpening-Phase 1 of each-addigor4.al-new444PA�4an4h@-mes4eeeF+gy-opened K-6 is_near-r,"a&y-. <br /> t>. -when itthme ^re <br /> ,appFoAmately 600-700 <br /> 16.2-2.2 Parks <br /> A variety OpaUand open spacasoccur within SP Ill hicluding a Community Park,two Nelghborhood <br /> Parks.open 4ap4r-e conlicim and open Spaces within residentlal areas- Parks will be <br /> .................. ...............-................. ................. ............................ ........... <br /> Resolution Template 01/2023 <br />