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th building on 10 Avenue and Charnelton Street (which is now the site of the LCC Downtown Campus), overseeing completion of the Broadway Place and Overpark elevator projects, and administering the loan portfolio. It included an annual inflation factor of 5% on project costs and excluded existing debt. In 2010, the maximum indebtedness limit of $33 million was almost fully spent or committed, with the bulk having been spent on building the downtown library. City Council amended the Plan in order to complete three projects: LCC downtown campus; Farmers Market improvements, and assuming the Broadway Place Garages debt. Maximum indebtedness was increased by $13.6 million, which resulted in a revised maximum indebtedness figure of $46.6 million for the cumulative spending in the Plan Area from 1998 to the end of the Plan. This revised maximum indebtedness amount was the estimated amount needed to accomplish the three additional projects and to provide for district administration. In 2016, the maximum indebtedness was almost fully spent or committed on the three projects included in the 2010 Amendment. City Council amended the plan in order to accomplish four additional projects: Park Blocks and open space improvements, year- round Farmers Market, high-speed fiber, and 1059 Willamette redevelopment. Maximum indebtedness was increased by $19.4 million, which resulted in a revised maximum indebtedness figure of $66.0 million for the cumulative spending in the Plan Area from 1998 to the end of the Plan. The 2020 Amendment removes the project specific spending cap on the amount of tax increment funds for the Farmers Market project, but does not increase the overall amount of maximum indebtedness, as shown in Table 6 below: Table6.MaximumIndebtednessCalculation ProjectEstimatedCost 2016 Plan Amendment Park Blocks & Open Space Improvements $2.2M Farmers Market $9.3M High-Speed Fiber $3.0M 1059 Willamette Redevelopment $0.7M Project Delivery Administration (thruFY25)$4.2M TotalMaximumIndebtednessIncreasedin2016$19.4M 1998 Plan Amendment $33.0M 2010 Plan Amendment $13.6M 2016 Plan Amendment $19.4M 2020 Plan Amendment $0.0M $66.0M TotalMaximumIndebtedness Table 7 in Exhibit E includes information about future revenues and expenditures in the Plan Area. The timing and amounts for individual project activities will be determined by ReportontheProposed2020Amendment 17