Laserfiche WebLink
Section <br /> <br />Section <br /> <br />II. <br /> <br />Iable of Contents <br /> <br />Modified Development Program for Development <br />District No. 1 <br /> <br />~Page <br /> <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br /> <br />A. Definitions ................................................. 3 <br />B. Statutory Authority ....................................... 4 <br />C. Statement of Public Purpose and Objectives ........... 4 <br />D. Environmental ControLs ................................ 5 <br />E. Open Space to be Crewed. ...............................5 <br />F. Public Facilities to be Constructed ...................... 5 <br />G. Proposed Reuse of Property .............................6 <br />H. Development District Financing .........................6 <br />I. Relocation .................................................. 7 <br />J. Administration of Development District ................ 7 <br />K. Rehabilitation ........~ ..................................... 7 <br />L. Description of Development District ................... 7 <br /> <br />Tax Incremerit Financing Plan for Tax Increment Financing <br />District No. 6 <br /> <br />Subsection A. <br />Subsection B. <br />Subsection C. <br />Subsection D. <br />Subsection E. <br />Subsection F. <br />Subsection G. <br />Subsection H. <br />Subsection I. <br />Subsection J. <br />Subsection K. <br />Subsection L. <br />Subsection M. <br />Subsection N. <br />Subsection O. <br />Subsection P. <br />Subsection Q. <br />Subsection R. <br />Subsection S. <br />Subsection T. <br />Subsection U. <br />Subsection V. <br />Subsection W. <br />Subsection 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 TIF District ............................... 9 <br />Development District Contracts ......................... 9 <br />Classification of TIF 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 .................................................. I1 <br />Parcels to be Acquired within TIF District ............11 <br />TIF Account .............................................. 12 <br />Estimate of Public Costs ................................ 12 <br />Estimate of Bonded Indebtedness .......................12 <br />Original Tax Capacity .................................... 12' <br /> <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 ................................ 14 <br />NotifiCation of Prior Planned Improvements .......... I4 <br />Assessment Agreements ................................ 14 <br />Summary of Cash Flow Assumptions ................ 15 <br /> <br />Printed 8/11/95 Page 2 Draft <br /> <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br /> I <br /> I <br />I <br />I <br /> <br />I <br />I <br />I <br />i <br />I <br />I <br />I <br />I <br /> <br /> <br />