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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 />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 />The City will provide the Financial Assistance to the Developer determined as <br />Follows: <br /> <br />Value of Development Property <br />TIF Assistance ( the "Financial Assistance") <br />Net Development Property Cost for Developer <br /> <br />$113,256 <br /> $74,000 <br /> $39,256 <br /> <br />4 <br /> <br /> <br />