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Agenda - Council - 08/13/1996
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Agenda - Council - 08/13/1996
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/13/1996
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Section <br /> <br />Section <br /> <br />II. <br /> <br />Table qf Content~ <br /> <br />page <br /> <br />Modified Development <br />District No. 1 <br /> <br />Program for <br /> <br />Development <br /> <br />Subsection A. <br />Subsection B. <br />Subsection C. <br />Subsection D. <br />Subsection E. <br />Subsezfion F. <br />Subsect2on G. <br />Subsect2on H. <br />Subsection I. <br />Subsecnon J. <br />Subsecnon K. <br />Subsection L. <br /> <br />Definitions .................................................. 3 <br />Statutory Authority ....................................... 4 <br />Statement of Public Purpose and Objectives ...........4 <br />Environmentai Controls ................................. 5 <br />Open Space to be Created ................................ 5 <br />PubLic Facilities'to be Constructed ...................... 5 <br />Proposed Reuse of Property ...................' .......... 6 <br />Development District Financing ......................... 6 <br />Relocation .................................................. 7 <br />Administration of Development District ................ 7 <br />Rehabilitation .............................................. 7 <br />Description of Development District .................... 7 <br /> <br />Tax Increment Financing Plan for Tax Increment Financing <br />District No. 6 <br /> <br />Subsection A. <br />Subsection B. <br />Subsectmn C. <br />Subsection D. <br />Subsectmn E. <br />Subsection F. <br />Subsection G. <br />Subsection H. <br />Subsecnon I. <br />Subsection J. <br />Subsecnon K. <br />Subsection L. <br />Subsection M. <br />Subsection N. <br />Subsecnon O. <br />Subsectmn P. <br />Subsection Q. <br />Subsectmn R. <br />Subsection S. <br />Subsectmn T, <br />Subsection U. <br />Subsecaon V. <br />Subsection W. <br />Subsectmn X. <br />Subsection Y. <br />Subsection Z. <br /> <br />Statutory Authority ........................................ 8 <br />Statement of Objectives ................................. 8 <br />Statement of Public Purpose ............................. 8 <br />Development District Program ..........................8 <br />Description of TIiF District ............................... 9 <br />Development Dis trict Contracts .......................... 9 <br />Classification of TIP District ........................... 9 <br />Modification of TIF Plan ................................ 9 <br />Use of Tax Increment ..................................... 9 <br />Excess Tax Increment ..................................... 9 <br />Limitation on Increment ................................. 10 <br />Limitation on Administrative Expenses .................11 <br />Limitation on Boundary Changes ....................... 11 <br />Relocation .................................................. 11 <br />Parcels to be Acquired within TIF District ............. 11 <br />TIF Account .............................................. i2 <br />Estimate of Public Costs ................................ 12 <br />Estimate of Bonded Indebtedness .......................12 <br />Original Tax Capacity ..................................... 12 <br />Estimate of Captured Tax Capacity ...................... 13 <br />Duration of TIF District .................................. 13 <br />Estimate of Impact on Other Taxing Jurisdictions ..... 13 <br />Annual Financial Report ................................ I4 <br />Notification of Prior Planned Improvements ........... I4 <br />Assessment Agreements ................................ 14 <br />Summary of Cash Flow Assumptions ................ 15 <br /> <br />2 <br /> <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br />I <br />I <br /> <br /> <br />
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