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Agenda - Council Work Session - 02/12/15 & 02/17/15 Strategy Session - 02/12/2015
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Agenda - Council Work Session - 02/12/15 & 02/17/15 Strategy Session - 02/12/2015
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3/17/2025 4:00:39 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Title
02/12/15 & 02/17/15 Strategy Session
Document Date
02/12/2015
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W <br />z <br />Three - Year Strategic Action Plan <br />Key Outcome Indicators /Metrics <br />• Retained bond rating of AA+ <br />• Reaffirmed November 2014 <br />• Recoup at least 100 percent of City's net <br />costs for those funds that are to be <br />reimbursed <br />• Implemented new revenue sources <br />• Source of one -time monies <br />• Return 10 percent of TIF 14 taxable value to <br />general tax base <br />• Completed infrastructure improvements in TIF <br />districts <br />A3N <br />• Red — On hold <br />Yellow — In process <br />Green - Completed <br />Notes <br />Policy discussed and <br />adopted. <br />Ongoing process <br />TIF District 14 has been <br />amended. <br />2015 Project <br />Status <br />• <br />. <br />_ 1 <br />• <br />6 <br />Description <br />Cash Balance Policy <br />COR Fund Reimbursement Policy <br />Evaluate Alternative Revenue Sources <br />Evaluate Sale of City Owned Property <br />TIF 14 Amendments <br />Identify and Prioritize TIF Infrastructure Improvements <br />ofoel <br />N <br />co <br />V <br />U) <br />■ <br />i <br />Strategic <br />Initiative <br />l <br />Insuring <br />financial <br />stability <br />c <br />Optimizing <br />TIF to support <br />infrastructure <br />improvements <br />W <br />z <br />Three - Year Strategic Action Plan <br />
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