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Agenda - Council Work Session - 01/21/2014
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Agenda - Council Work Session - 01/21/2014
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3/17/2025 4:16:48 PM
Creation date
1/22/2014 10:35:20 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
01/21/2014
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Goal of Analysis <br />• To make sure there is enough TIF generated to: <br />1. Repay the HRA /City for its investment <br />• With interest <br />2. Pay pay -as- you -go TIF obligation to F & C for the Residence at <br />the COR Apartments <br />3. Reduce size of TIF district as appropriate <br />4. Determine if the City /HRA can change Fiscal Disparities <br />calculation method <br />The original (`base ") market value <br />established when District created <br />Original Tax Capacity <br />el EHLERS <br />.....,_ <br />Building Blocks of TIF <br />Tax revenues <br />continue to go to all <br />local governments <br />1 <br />EHLERS <br />1/16/2014 <br />2 <br />
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