Agenda - Council - 11/24/1998 - Laserfiche WebLink

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Subsection P. Subsection Q. Subsection R. Subsection S. Subsection T. Subsection U. Subsection V. Subsection W. TIF Account ...................................................................................... 21 Estimate of Project Costs .................................................................. 21 Estimate of Bonded Indebtedness ..................................................... 21 Original Tax Capacity ...................................................................... 22 Estimate of Captured Tax Capacity and Tax Increment .................. 22 Duration of the TIF District ........................................................ : ..... 22 Estimate of Impact on Other Taxing Jurisdictions ........................... 23 Annual Reports ................................................................................ 23 Vo AMENDED TAX INCREMENT FINANCING DISTRICT FOR TAX INCREMENT FINANCING DISTRICT NO. 6 ....................................................................................... 24 Subsection A. Subsection B. Subsection C. Subsection D. ' Subsection E. Subsection F. Subsection G. Subsection H. Subsection I. Subsection J. Subsection K. Subsection L. Subsection M. Subsection N. Subsection O. Subsection P. Subsection Q. Subsection R. Subsection S. Subsection T. Subsection U. Subsection V. Subsection W. Statutory Authority ............................................................................ 24 Statement of Objectives .................................................................... 24 Statement of Public Purpose ............................................................. 24 Development District Program ......................................................... 24 Description of TIF District ................................................................ 24 Development District Contracts ....................................................... 24 Classification of TIF District ............................................................ 25 Modification of T1F Plan .................................................................. 25 Use of Tax Increment ........................................................................ 25 Excess Tax Increment ....................................................................... 25 Limitation of Increment .................................................................... 26 Limitation on Administrative Expenses ........................................... 27 Limitation on Boundary Changes ..................................................... 28 Relocation ......................................................................................... 28 Parcels to be Acquired ..................................................................... 28 TIF Account ...................................................................................... 28 Estimate of Project Costs .................................................................. 28 Estimate of Bonded Indebtedness ..................................................... 29 Original Tax Capacity ...................................................................... 29 Estimate of Captured Tax Capacity and Tax Increment .................. 30 Duration of the TIF District .............................................................. 30 Estimate of Impact on Other Taxing Jurisdictions ........................... 30 Annual Reports ................................................................................. 31 Exhibit A Map and Description of Development District Exhibit B Map of TIF District No. 1 Exhibit C Map of TIF District No. 2 Exhibit D Map of TIF District No. 4 Exhibit E Map of TIF District No. 6 Exhibit F Pooled District Budget SJB-151910 ~:^~zs-s2 iii