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TABLE OF CONTENTS <br />Section Page(s <br />A . <br />Definitions ................................................................................................................................ ..............................1 <br />B . <br />Statutory Authorization ............................................................................................................ ..............................1 <br />C. <br />Statement of Need and Public Purpose ................................................................................... ..............................1 <br />D . <br />Statement of Objectives .......................................................................................................... ..............................1 <br />E. <br />Designation of Tax Increment Financing District as a Redevelopment District ........................ ..............................1 <br />F. <br />Duration of the TIF District and the Three Year Rule ............................................................... ..............................2 <br />G. <br />Property to be Included in the TIF District ................................................................................ ..............................2 <br />H. <br />Property to be Acquired in the TIF District ............................................................................... ..............................2 <br />I. <br />Specific Development Expected to Occur Within the TIF District ............................................ ..............................2 <br />J. <br />Findings and Need for Tax Increment Financing ..................................................................... ..............................3 <br />K . <br />Estimated Public Costs ............................................................................................................ ..............................4 <br />L. <br />Estimated Sources of Revenue ............................................................................................... ..............................5 <br />M. <br />Estimated Amount of Bonded Indebtedness ............................................................................ ..............................5 <br />N . <br />Original Net Tax Capacity ........................................................................................................ ..............................5 <br />O . <br />Original Tax Capacity Rate ...................................................................................................... ..............................6 <br />P. <br />Projected Retained Captured Net Tax Capacity and Projected Tax Increment ....................... ..............................6 <br />Q . <br />Use of Tax Increment .............................................................................................................. ..............................7 <br />R . <br />Excess Tax Increment ............................................................................................................. ..............................8 <br />S. <br />Tax Increment Pooling and the Five Year Rule ....................................................................... ..............................8 <br />T. <br />Limitation on Administrative Expenses .................................................................................... ..............................9 <br />U. <br />Limitation on Property Not Subject to Improvements - Four Year Rule ................................... ..............................9 <br />V. <br />Estimated Impact on Other Taxing Jurisdictions ...................................................................... ..............................9 <br />W. <br />Prior Planned Improvements .................................................................. ............................... ............................100 <br />X . <br />Development Agreements ...................................................................... ............................... ............................100 <br />Y. <br />Assessment Agreements ........................................................................ ............................... ............................100 <br />Z. <br />Modifications of the Tax Increment Financing Plan ................................ ............................... ............................111 <br />AA. <br />Administration of the Tax Increment Financing Plan ............................... ............................... ............................111 <br />BB. <br />Financial Reporting and Disclosure Requirements ................................. ............................... ............................122 <br />Map of the Tax Increment Financing District ............................................................ ............................... EXHIBIT I <br />Map of the Development District .............................................................................. ............................... EXHIBIT II <br />Boundaries of Tax Increment Financing District ..................................................... ............................... EXHIBIT III <br />AssumptionsReport ....................................................................... ............................... ........................EXHIBIT IV <br />Projected Tax Increment Report ...................................................... ............................... ........................EXHIBIT V <br />Estimated Impact on Other Taxing Jurisdictions Report ................. ............................... ........................EXHIBIT VI <br />Market Value Analysis Report ....................................................... ............................... ........................EXHIBIT VII <br />