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Agenda - Council - 07/14/2026
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Agenda - Council - 07/14/2026
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Last modified
8/5/2026 2:17:03 PM
Creation date
7/16/2026 9:58:09 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
07/14/2026
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TABLE OF CONTENTS <br />Modification to the Development Program for Development District No. 1 1 <br />FOREWORD 1 <br />Tax Increment Financing Plan for Tax Increment Financing District No. 20 <br />(Trident) 2 <br />FOREWORD 2 <br />STATUTORY AUTHORITY <br />STATEMENT OF OBJECTIVES <br />DEVELOPMENT PROGRAM OVERVIEW <br />DESCRIPTION OF PROPERTY IN THE DISTRICT AND PROPERTY TO BE <br />ACQUIRED <br />DISTRICT CLASSIFICATION <br />DURATION & FIRST YEAR OF DISTRICT'S TAX INCREMENT <br />2 <br />2 <br />3 <br />3 <br />4 <br />4 <br />ORIGINAL TAX CAPACITY, TAX RATE & ESTIMATED CAPTURED NET TAX <br />CAPACITY VALUE/INCREMENT & NOTIFICATION OF PRIOR PLANNED <br />IMPROVEMENTS 5 <br />SOURCES OF REVENUE/BONDS TO BE ISSUED 6 <br />USES OF FUNDS 7 <br />FISCAL DISPARITIES ELECTION 8 <br />ESTIMATED IMPACT ON OTHER TAXING JURISDICTIONS 8 <br />COUNTY ROAD COSTS 10 <br />ADMINISTRATIVE EXPENSES 11 <br />ANNUAL DISCLOSURE REQUIREMENTS 12 <br />SUPPORTING DOCUMENTATION 12 <br />DISTRICT ADMINISTRATION 13 <br />Appendix A: Project Description <br />Appendix B: Map of Development District No. 1 and the TIF District <br />Appendix C: Estimated Cash Flow for the District <br />Appendix D: Findings Including But/For Qualifications <br />
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