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Table of Contents <br /> <br />Section <br /> <br />Section <br /> <br />II. <br /> <br />Modified Development Program for Development Page <br />District No. 1 <br /> <br />S u bsectlon <br />Subsecnon <br />Subsecuon <br />Subsecnon <br />Subsection <br />S ubsecuon <br />Subsection <br />Subsection <br />S u b secu on <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 Con~'ols ................................5 <br />E, Open Space to be Created. ............................... 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 .................................................. 6 <br />J. Administration of Development District ................6 <br />K. Rehabilitation .............................................. 7 <br />L. De~ription of Development District ................... 7 <br /> <br />Modified Tax Increment Financing Plan for Tax Increment <br />Financing District No. 1 <br /> <br />Subsection <br />Subsection <br />Subsection <br />Subsecnon <br />Subsecnon <br />Subsecnon <br />Subsection <br />Subsection <br />Subsecnon <br />Subsecnon <br />Subsecnon <br />Subsecnon <br />Subsecnon <br />Subsecnon <br />Subsecnon <br />Subsecnon <br />Subsection <br />Sub secuon <br />Subsecnon <br />Subsection <br />Subsection <br />Subsecnon <br />Subsecnon <br />Subsection <br />Subsecnon <br />Subsection <br /> <br />A, Statutory Authorit3, ....................................... 8 <br />B. Statement of Objectives ................................. 8 <br />C, Statement of Public Purpose ............................. 8 <br />D. Development District Program .......................... 8 <br />E, Description of TIF District ............................... 8 <br />F, Development District Conmacts ......................... 9 <br />G. Classification of TIF District .......................... 9 <br />H. Modification of TIF Plan ...,': ............................ 9 <br />I. Use of Tax Increment .................................... 9 <br />J. Excess Tax Increment .................................... 9 <br />K. Limitation on Increment ................................ 10 <br />L. Limitation on Administrative Expenses ................ 10 <br />M, Limitation on Boundary Changes ....................... 10 <br />N, Relocation .................................................. 10 <br />O. Parcels to be Acquired within TTF Dismict ............ 11 <br />P. TIF Account .............................................. 11 <br />Q. Estimate of Costs ........................................ 11 <br />R. Estimate of Bonded Indebtedness .................... :.. 12 <br />S. OripnaI Tax Capacity .................................... 12 <br />T. Estimate of Captured Tax Capacity ..................... i2 <br />U. Duration of TIF District ................................. 12 <br />V. Estimate of Impact on Other Taxing Jurisdictions ....I2 <br />W, Annual Financial Report ................................ 13 <br />X. Notification of Prior Planned Improvements ..........14 <br />Y, Assessment Agreements ................................ 14 <br />Z. Summary of Cash Flow Assumptions ................ 15 <br /> <br /> <br />