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Table of Contents <br /> <br />Section <br /> <br />Section <br /> <br />II. <br /> <br />Modified Development Program for Development <br />District No. 1 <br /> <br />Subsecuon <br />S ubsecuon <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsecllon <br />Subsecuon <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, Adm/nisrration of Development District ................6 <br />K. Rehabilitation .............................................. 7 <br />L. Description of Development District ...................7 <br /> <br />Modified Tax Increment Financing Plan for Tax Increment <br />Financing District No. 2 <br /> <br />Subsection <br />S ubsecnon <br />Subsecnon <br />Subsecuon <br />S ubsecuon <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />S u bsection <br />Subsection <br />Subsecuon <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. Statutory. Authority ....................................... 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 ............................... 9 <br />F. Development District Contracts ......................... 9 <br />G. Classification of TIF Dismct .......................... 9 <br />H. Modification of TIF Plan ............................... 9 <br />t. Use of Tax Increment .................................... 9 <br />J. Excess Tax Increment .................................... 9 <br />K. Limitation on Increment ................................ t 0 <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 TIF District ............ 11 <br />P, TIF Account .............................................. I1 <br />Q. Estimate of Costs ........................................ 11 <br />R. Estimate of Bonded Indebtedness .... .11 <br />S, Ori~nal Tax Capacity .................................... 11 <br />T. Estimate of Captured Tax CapacitT. .................... 12 <br />U. Duration of TIF District ................................. 12 <br />V. Estimate of Impact on Other Taxing Jurisdictions .... 12 <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 ................ 14 <br /> <br />2 <br /> <br /> <br />