Laserfiche WebLink
Table of Contents <br /> <br />Section <br /> <br />Section II. <br />Financing <br /> <br /> Paffe <br /> Modified Development Program for Development <br /> District No. 1 <br /> <br /> Subsection A. Definitions ................................................... 3 <br /> Subsection B. Statutory Authority ........................................ 4 <br /> ~Subsection C. Statement of Public Purpose and Objectives ............ 4 <br /> iSubsection D. Environmental Controls ..................................5 <br /> 'Subsection E. Open Space to be Created .................................. 5 <br /> :Subsection F. Public Facilities to be Constructed ........................ 5 <br /> iSubsection G. Proposed Reuse of Property ..............................6 <br /> Subsection H. Development District Financing .......................... 6 <br /> Subsection I. Relocation .................................................... 6 <br /> ~Subsection J. Administration of Development District ..................6 <br /> ~Subsection~ K. Rehabilitation ............................................... 7 <br /> iSubsection L. Description of Development District .....................7 <br /> <br /> ,rModified Tax Increment Financing Plan for Tax Increment <br />District No. 2 <br /> <br /> iSubsection A. Statutory Authority ......................................... 8 <br /> ~Subsecfion B. Statement of Objectives .................................. 8 <br /> I Subsection C. Statement of Public Purpose .............................. 8 <br /> i Subsection D. Development District Program ...........................8 <br /> Subsection E. Description of TIF District ................................. 9 <br /> 'r Subsection F. Development District Contracts ........................... 9 <br /> · Subsection G. Classification of TIF District ........................... 9 <br /> Subsection H. Modification of TIF Plan .' ............................... 9 <br /> ~ Subsection I. Use of Tax Increment ....................................... 9 <br /> i Subsection J. Excess Tax Increment ...................................... 9 <br /> !Subsection K. Limitation on Increment .................................. I0 <br /> ' Subsection L. Limitation on Administrative Expenses ..................10 <br /> i Subsection M. Limitation on Boundary Changes ........................ 10 <br /> Subsection N. Relocation ................................................... 10 <br /> Subsection O. Parcels to be Acquired within TIF District .............. 11 <br /> Subsection P. TIF Account ............................................... 11 <br /> Subsection Q. Estimate of Costs ......................................... 11 <br /> Subsection R. Estimate of Bonded Indebtedness ........................ 11 <br /> Subsection S. Original Tax Capacity ...................................... 11 <br /> Subsection T. Estimate of Captured Tax Capacity ....................... 12 <br /> Subsection U. Duration of TIF District ................................... 12 <br /> Subsection V. Estimate of Impact on Other Taxing Jurisdictions ...... 12 <br /> Subsection W. Annual Financial Report ................................. I3 <br /> Subsection X. Notification of Prior Planned Improvements ........... 14 <br /> Subsection Y. Assessment Agreements ................................. 14 <br /> Subsection Z. Summary of Cash Flow Assumptions .................. 14 <br /> <br />2 <br /> <br /> <br />