Laserfiche WebLink
On February 9, 1988, the City Council approved the modification of <br />Development District No. 1. However, the Council has never approved the <br />establishment of Tax Incr~ent Financing District No. 4. Due to concerns <br />regarding pending legislation, Ron Batty, Bond Counsel, has recommended <br />that a resolution approving a modified Development District No. 1 and <br />establishing Tax Increment Financing District No. 4 be adopted at this <br />time. <br /> <br />For your information, attached are the following items: <br /> <br />a. Map showing modified Development District No. 1 <br />b. Map showing Tax Increment Financing District No. 4 <br />c. Proposed resolution modifying Development District No. 1 and <br /> establishing Tax Increment Financing District No. 4 <br /> <br />Recommendation: <br /> <br />Motion to: <br />Adopt Resolution #88-__ modifying Development District No. 1 and <br />establishing Tax Incr~ent Financing District No. 4. <br /> <br /> <br />