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CC Work Session 2. 1. <br />Meeting Date: 01/21/2014 <br />Title: <br />Analysis of Tax Increment Financing (TIF) District #14 - The COR <br />Purpose /Background: <br />Purpose: Report on the analysis completed by Ehlers and Associates in regards to TIF #14. <br />Stacie Kvilvang from Ehlers will be present to discuss the report, focusing on four main goals as outlined in the <br />analysis: <br />1. Make sure there is enough TIF generated to repay the HRA /City for its investment. <br />2. Make sure there is enough TIF generated to pay pay -as- you -go TIF obligation to F &C for the Residence at the <br />COR <br />Apartments. <br />3. Reduce size of TIF district as appropriate. <br />4. Determine if the City/HRA can change Fiscal Disparities calculation method. <br />Timeframe: <br />60 minutes. <br />Funding Source: <br />TIF District #14. <br />Responsible Party(ies): <br />City Administrator <br />Outcome: <br />Review findings in report and discuss options. <br />TIF #14 Report by Ehlers <br />Information <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Diana Lund 01/16/2014 01:34 PM <br />Diana Lund (Originator) Diana Lund 01/16/2014 01:36 PM <br />Kurt Ulrich Jo Thieling 01/16/2014 01:40 PM <br />Patrick Brama Patrick Brama 01/16/2014 02:58 PM <br />Form Started By: Diana Lund Started On: 01/16/2014 09:20 AM <br />Final Approval Date: 01/16/2014 <br />