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Total Estimated Proceeds <br />from 1 /4 cent Sales Tax, <br />Annually ($2,500,000) <br />Proposed Uses of <br />Economic Development Portion <br />of 1/4 cent Sales Tax Proceeds, Annually <br />($1,250,000) <br />.'' <br />i <br />h yt. ) <br />~~t h <br />y ~y,, <br />~,, , <br />~ ~:.r.-.`.~ <br />r ~ ~~~ <br />50% for Economic <br />Development <br />($1,250,000 <br />annually) <br />~Ilaborative <br />:reach, 1.5% <br />I Business <br />Fund, 10% <br />Collateral <br />serials , 1.5% <br />Innovation <br />Center , 9% <br />Created 06/13/2011 <br />.~ <br />Business Agricultural. <br />Investment Economic <br />Grants, 8% Development, <br />10% <br />