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to 25% of the TIF generated within the District, net of any costs spent on administration of the <br />district (staff and consultant time). The City would like to utilize future TIF for development of <br />roads and other public infrastructure within the TIF district and to provide future developments <br />the City may want within the District that require some public assistance. However, these <br />projects and improvements may happen after November 28, 2021 and therefore the City <br />would be limited in its ability to utilize TIF. <br />Staff would like to go back to the legislature to request to have the 10-year rule extended by <br />two (2) to five (5) years to provide the City the maximum flexibility for utilization of TIF that is <br />generated from the District. To accomplish this, the City would need to do the following: <br />1. Meet with its local legislative delegation to see if they would be supportive of the <br />special legislation and if they would be willing to author or co-author the bill <br />2. Have the City's TIF attorney draft the updated legislation in a form acceptable to <br />legislative revisor <br />3. Submit the proposed legislation to the appropriate local legislators for "jacketing" for <br />preparation to be introduced <br />4. Once introduced, the City (staff and possibly the Mayor) would attend the Tax <br />Committee hearings in the House and Senate <br />5. Both committees would then say if they would "lay" the legislation over for <br />consideration for inclusion in the tax bill (usual outcome) <br />6. City would be notified if they are part of the overall State tax bill for one or both <br />legislative chambers <br />7. If in both, and the language is the same, it would become part of the overall State tax <br />bill and become law, if a tax bill is approved <br />8. If the legislation is only in one (1) of the chamber's tax bill, then the only chance to <br />have it be in the overall State tax bill would be to work with your local legislators and/or <br />persons on the conference committee to see if you could sway them to include it <br />If the City hires a lobbyist, the overall cost to complete this can range from $20,000 to <br />$30,000. To do it without a lobbyist, the overall cost would range from $5,000 to $10,000 and <br />either way, would be a TIF eligible expenditure. <br />Please contact me at 651-697-8506 with any questions. <br />BLPILDIN3 COMMUNITIES- PT'S WHAT WE DO. inia@ehlers-ine.eann <br />1 (8O4) 552-1171 www.ehlers-inc.[•om <br />