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Branson Hills Redevelopment Project
Section 1 Description of the Plan and Project  
Name of City and/or County: Branson  
Name of Plan or Project: Branson Hills Redevelopment Project  
Report Period: 10/01/2017 to 09/01/2018  
Name of the person who prepared this annual report: Jamie Rouch  
Contact Information:    
City or County Contact Agency:  
Phone: 417-337-8538  
Private Sector Developer: Ozark Diversified Development Co.  
Person: Art King  
Phone: 573-446-2489  
Original Date Plan/Project Approved:  
Ordinance Number: 2004-096  
Most Recent Plan Amendment: 03/01/2005  
Ordinance Number: 2005-021  
State House District: 156  
State Senate District: 29  
School District Branson R-4  
Location:    
141 acres located at the northwest and southwest corners of the intersection of Highway 65 and Branson HillsParkway, Branson, MO.  
Description of Plan/Project:    
Project 1 - 41.32 acres for the construction of approximately 290,000 sq. ft. of retail space for a Home Depot,Target, TJ Max and six out-parcelsProject 2 & 3 - 100 acres for the construction of approximately 606,825 sq. ft. shopping center to include Wal-Mart, Kohl's, and eight out-parcels.  
Plan/Project Status: Fully-Operational
Area Type:  
How was the "but-for" determination made?:    
 
Number of Relocated Residences During This Report Period: 0    
Number of Relocation Businessess During This Report Period: 0    
Number of Parcels Acquired Through Use of Eminent Domain Power During This Report Period: 0    
Identify any business that have relocation to the Redevelopment Area during this report period:    
Name Address Phone Number New or Relocated? Rel. from What City/County
NONE
Estimate of New Jobs: 0 Actual To Date: 1220
Estimate of Retained Jobs: 1199 Actual To Date: 1220
     
Section 2 Tax Increment Financing Revenues    
TIF REVENUE DEPOSITS TO THE SPECIAL ALLOCATION FUND AS OF THE REPORT DATE:    
Payments in Lieu of Taxes (PILOTs):    
Total Received since inception: $7,433,408.87 Amount on Hand: $0.00
    (As of Report Date)  
Economic Activity Taxes (EATs):      
Total received since inception: $45,401,487.81 Amount on Hand: $0.00
    (As of Report Date)  
       
Total Revenue on hand in the Special Allocation Fund as of Report Date: $0.00
   
EXPENDITURES FOR TOTAL PROJECT COSTS FUNDED BY TIF: Total Since Inception: Report Period Only:
Public Infrastructure (streets, utilities, etc): $9,909,448.00 $0.00
Site Development (grading, dirt moving, etc): $0.00 $0.00
Rehab of existing buildings: $0.00 $0.00
Acquisition of land or buildings: $0.00 $0.00
Other: $0.00 $0.00
AMOUNT PAID ON DEBT SERVICES:    
Payments of principal and interest on outstanding bonded debt:    
Since Inception: $48,203,648.17 This Reporting Period: $3,005,093.17
Reimbursement of developer for eligible cost:    
Since Inception: $0.00 This Reporting Period: $0.00
Reimbursement to city/county (or other public entity) for eligible costs:    
Since Inception: $0.00 This Reporting Period: $0.00
ANTICIPATED TIF REIMBURSEMENT COSTS:    
Public Infrasture and Site Development Costs: $24,865,799.00  
Property Acquisition and Relocation Costs: $19,234,509.00  
Project Implementation Costs: $3,899,672.00  
Other: $0.00  
Other: $0.00  
Total Anticipated TIF Reimbursable Project Costs $48,000,000.00  
     
ANTICIPATED TOTAL PROJECT COSTS: $119,495,634.00  
TIF FINANCING METHOD:  
MATURITY OF TIF OBLIGATIONS:    
Original Estimate (# of Years to Retirement): 23  
Current Anticipated Estimate (# of Year to Retirement): 9  
     
ESTIMATED INCREASE IN TAX GENERATION:    
Original assessed value of the redevelopment project: $15,970.00  
Assessed valuation added to the redevelopment project: $15,184,613.57  
Anticipated Assessed Value at Time of District Termination: $15,184,613.57  
Total Amount of Base Year EATs: $0.00  
Total Amount of Base Year PILOTs: $0.00  
Total Annual EATs Anticipated at Time of District Termination: $4,400,000.00  
Total Annual PILOTs Anticipated at Time of District Termination: $0.00  
Percentage of EATs Captured: 50%  
Total Years Anticipated to Capture EATs: 23
Percentage of PILOTs Captured: 100%  
Total Years Anticipated to Capture PILOTs: 23