AnnualReport
Pursuant to RSA 162-K:11, the City, by and through the Administrator of the District, in consultation with
the Advisory Board, shall prepare an annual report containing the following:
° A Narrative Report on the status of theimplementation of the Plan and a summary of
the work that has been completed within the previous year;
° The amount and source of revenue of the District;
° The amount and purpose of expenditures;
° The amount of principal and interest on any outstanding bonded indebtedness;
° The original assessed value of the District;
° The captured assessed value retained by the District;
° The tax increments received; and
° Any additional information necessary todemonstrate compliance with the TIF Plan
This is understood through an affirmative vote by the Board of Aldermen to Adopt the provisions of
Chapter 162-K on November 24, 1998
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