Laserfiche WebLink
The Development Property is properly zoned for the developer's intended use and <br />the Minimum Improvements contemplated by the Construction Plans are in <br />conformity with the Program and TIF Plan. <br /> <br />(g) <br /> <br />The City has received no notice or communication from any local, state or federal <br />official that the activities of the Developer or the City in the Development District <br />may be, or will be, in violation of any environmental law or regulation (other than <br />those notices or communications of which the Developer is aware). The City is <br />aware of no facts, the existence of, which would cause it to be in violation of, or <br />give any person a valid claim, under any local, state or federal environmental law, <br />regulation or review procedure. <br /> <br />(h) <br /> <br />The City will provide $115,000.00 of Financial Assistance to the Developer <br />determined as follows: <br /> <br />Value of the Development Property and <br />and the Public Improvements <br />Business Subsidy (the "Financial Assistance") <br />Total Cash Due from Developer at Closing <br /> <br /> $208,761 <br />(SS 15,000) <br /> $93,761 <br /> <br /> <br />