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Branson Landing Redevelopment Project
Section 1 Description of the Plan and Project  
Name of City and/or County: Branson  
Name of Plan or Project: Branson Landing Redevelopment Project  
Report Period: 10/01/2018 to 09/01/2019  
Name of the person who prepared this annual report: Jamie Rouch  
Contact Information:    
City or County Contact Agency:  
Phone: 417-337-8533  
Private Sector Developer: HCW Development Company  
Person: Richard Huffman or Marc Williams  
Phone: 417-332-3443  
Original Date Plan/Project Approved:  
Ordinance Number: 2003-016  
Most Recent Plan Amendment: 03/01/2005  
Ordinance Number: 2005-070  
State House District: 156  
State Senate District: 29  
School District Branson R-4  
Location:    
Branson Downtown District, an area approximately 76.6 acres of previously developed land near LakeTaneycomo in the city  
Description of Plan/Project:    
Public improvements include construction of an approximately 220,000 sq. ft. convention center, a new townsquare and themed boardwalk along Lake Taneycomo multi-level parking garage, street utility and bridgeimprovements, etc. Private included 450,000 sq. ft. anchor retail, two hotels and waterfront condominiums.  
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
Haagan Daz Ice Cream New New business
NONE
Rue 21 501 Branson Landing 417-334-4787 Other area of the city
Estimate of New Jobs: 0 Actual To Date: 1772
Estimate of Retained Jobs: 0 Actual To Date: 1772
     
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: $15,554,464.62 Amount on Hand: $0.00
    (As of Report Date)  
Economic Activity Taxes (EATs):      
Total received since inception: $57,517,891.37 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): $30,152,248.00 $0.00
Site Development (grading, dirt moving, etc): $7,430,750.00 $0.00
Rehab of existing buildings: $0.00 $0.00
Acquisition of land or buildings: $0.00 $0.00
Other: $52,276,697.00 $0.00
AMOUNT PAID ON DEBT SERVICES:    
Payments of principal and interest on outstanding bonded debt:    
Since Inception: $119,974,099.00 This Reporting Period: $9,500,350.00
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: $36,974,980.00  
Property Acquisition and Relocation Costs: $39,019,548.00  
Project Implementation Costs: $0.00  
Other: $55,345,520.00  
Other: $1,500,000.00  
Total Anticipated TIF Reimbursable Project Costs $148,440,048.00  
     
ANTICIPATED TOTAL PROJECT COSTS: $148,440,048.00  
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: $6,039,490.00  
Assessed valuation added to the redevelopment project: $31,519,070.00  
Anticipated Assessed Value at Time of District Termination: $31,519,070.00  
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: $7,600,000.00  
Total Annual PILOTs Anticipated at Time of District Termination: $0.00  
Percentage of EATs Captured: 100%  
Total Years Anticipated to Capture EATs: 23
Percentage of PILOTs Captured: 100%  
Total Years Anticipated to Capture PILOTs: 23