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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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Last modified
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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COR TIF District 1 -14 <br />• Currently comprised on 331 parcels <br />• Redevelopment District under special legislation <br />— Certified on November 28, 2011 <br />— 26 years of TIF <br />• TIF can be used for: <br />— Reimbursement to HRA for land acquisition and public improvements prior <br />to creation of the district <br />— Future land acquisition and public improvements <br />— Construction of Northstar transit station & related infrastructure <br />• Structured parking, pedestrian overpass and roadway improvements <br />Other future public improvements, exclusive of parks or City facilities <br />• Roadway improvements <br />• Interchange <br />• Etc. <br />EHLERS <br />1/16/2014 <br />4 <br />
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