Laserfiche WebLink
TABLE OF CONTENTS <br />(for reference purposes only) <br />SECTION I - MODIFICATION TO THE DEVELOPMENT PROGRAM <br />FOR DEVELOPMENT DISTRICT NO. 2 <br />SECTION ll - TAX INCREMENT FINANCING PLAN <br />FOR TAX INCREMENT FINANCING DISTRICT NO. 2 -2 2 -1 <br />Subsection 1 -1. Foreword 2 -1 <br />Subsection 1 -2. Statutory Authority 2 -1 <br />Subsection 1 -3. Statement of Objectives 2 -1 <br />Subsection 1 -4. Development Program Overview 2 -1 <br />Subsection 1 -5. Description of Property in the District and Property To Be Acquired 2 -1 <br />Subsection 1 -6. Classification of the District 2 -2 <br />Subsection 1 -7. Duration of the District 2 -3 <br />Subsection 1 -8. Original Tax Capacity, Tax Rate and Estimated Captured Net Tax Capacity <br />Value /Increment and Notification of Prior Planned Improvements 2 -3 <br />Subsection 1 -9. Sources of Revenue /Bonded Indebtedness 2 -4 <br />Subsection 1 -10. Uses of Funds 2 -4 <br />Subsection 1 -11. Fiscal Disparities Election 2 -5 <br />Subsection 1 -12. County Road Costs 2 -6 <br />Subsection 1 -13. Estimated Impact on Other Taxing Jurisdictions 2 -6 <br />Subsection 1 -14. Supporting Documentation 2 -7 <br />Subsection 1 -15. Definition of Tax Increment Revenues 2 -7 <br />Subsection 1 -16. Modifications to the District 2 -7 <br />Subsection 1 -17. Administrative Expenses 2 -8 <br />Subsection 1 -18. Limitation of Increment 2 -8 <br />Subsection 1 -19. Use of Tax Increment 2 -9 <br />Subsection 1 -20. Excess Tax Increments 2 -10 <br />Subsection 1 -21. Requirements for Agreements with the Developer 2 -10 <br />Subsection 1 -22. Administration of the District 2 -10 <br />Subsection 1 -23. Annual Disclosure Requirements 2 -10 <br />Subsection 1 -24 Reasonable Expectations 2 -11 <br />Subsection 1 -25. Other Limitations on the Use of Tax Increment 2 -11 <br />Subsection 1 -26. Summary 2 -12 <br />APPENDIX A - PROJECT DESCRIPTION A -1 <br />APPENDIX B - MAPS OF DEVELOPMENT DISTRICT NO. 2 AND TIF DISTRICT <br />NO. 2 -2 B -1 <br />APPENDIX C - DESCRIPTION OF PROPERTY TO BE INCLUDED IN TIF DISTRICT <br />NO. 2 -2 C -1 <br />APPENDIX D - ESTIMATED CASH FLOW FOR TIF DISTRICT NO. 2 -2 D -1 <br />APPENDIX E - REDEVELOPMENT QUALIFICATIONS FOR TIF DISTRICT NO. 2 -2 E -1 <br />APPENDIX F - BUT /FOR QUALIFICATIONS F -1 <br />