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23 <br />Recommendations <br />• Meet Goal #3 <br />— Reduce size of TIF district for pay 2015 <br />— Go from 331 parcels to 92 <br />• Remove approximately 161 acres from the district <br />• Continue monitorinq Goal #4 <br />— Wait to change fiscal disparities election until more is known about <br />actual development, timing thereof and potential land sale proceeds <br />• Meet Goal #1 <br />— Estimated that TIF and land sale proceeds will be adequate to repay <br />HRA/City for its investment <br />• Meet Goal #2 <br />— By reducing size of TIF district, TIF will be generated to meet <br />PAYGO TIF Note obligation to F & C <br />• Currently no special legislation is needed <br />— Can pursue in future if need arises <br />EHLERS <br />1/16/2014 <br />12 <br />