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12/06/94
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12/06/94
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Last modified
7/22/2025 9:32:38 AM
Creation date
10/21/2003 7:46:11 AM
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Meetings
Meeting Document Type
Agenda
Document Title
Planning and Zoning Commission
Document Date
12/06/1994
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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 ubsectlon <br />Subsection <br />Subsection <br />S ubsecnon <br />Subsecnon <br />Subsecnon <br />S ubsecnon <br />Subsecnon <br />Subsection <br />Subsection <br />Subsection <br />Subsecnon <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 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. Adrrfinistration of Development District ................ 6 <br />K. Rehabilitation .............................................. 7 <br />L. Description of Development Dish-let ...................7 <br /> <br />Modified <br />Financing <br /> <br />Subsection <br />Subsection <br />Subsecnon <br />Subsection <br />Subsecnon <br />Subsection <br />Subsection <br />Subsecuon <br />Subsecnon <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />S ubsection <br />Subsecnon <br />Subsecnon <br />Subsection <br />Subsection <br />Subsection <br />Subsection <br />Subsecnon <br />Subsection <br />Subsection <br /> <br />Tax Increment Financing Plan for Tax Increment <br />District No. 4 <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 TIFDistrict ............................... 8 <br />F. Development District Conu'acts ......................... 8 <br />G. Classification of TIF District .......................... 9 <br />H. Modification of TIF Plan '. .............................. 9 <br />I. Use of Tax Increment .................................... 9 <br />3'. Excess Tax Increment .................................... 9 <br />K. Limitation on Increment ................................ 9 <br />L. Lirmtation on Administrative Expenses ................ 10 <br />M, Limitation on Boundary Changes ....................... 10 <br />N. Relocation .................................................. 10 <br />O. Parcels to be Acquired within TIF Diswict ............ 10 <br />P, TIF Account .............................................. 11 <br />Q. Estimate of Costs ........................................ 11 <br />R. Estimate of Bonded Indebtedness .......................11 <br />S. Ori~nal Tax Capacity .................................... 1 t <br />T. Estimate of Captured Tax Capacity .....................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 .......... 13 <br />Y. Assessment Ageements ................................ 14 <br />Z, Summary of Cash Flow Assumptions ................ t4 <br /> <br />2 <br /> <br /> <br />
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