Laserfiche WebLink
<br /> <br />TABLE OF CONTENTS <br /> <br /> <br /> <br />Section Page(s) <br /> <br />A. Definitions ..................................................................................................................... 1 <br />B. Statutory Authorization ..................................................................................................... 1 <br />C. Statement of Need and Public Purpose ................................................................................ 1 <br />D. Statement of Objectives .................................................................................................... 1 <br />E. Designation of Tax Increment Financing District as an Economic Development District .................... 2 <br />F. Duration of the TIF District ................................................................................................. 3 <br />G. Property to be Included in the TIF District.............................................................................. 3 <br />H. Property to be Acquired in the TIF District ............................................................................. 4 <br />I. Specific Development Expected to Occur Within the TIF District ................................................. 4 <br />J. Findings and Need for Tax Increment Financing ..................................................................... 4 <br />K. Estimated Public Costs ..................................................................................................... 6 <br />L. Estimated Sources of Revenue .......................................................................................... 6 <br />M. Estimated Amount of Bonded Indebtedness .......................................................................... 7 <br />N. Original Net Tax Capacity ................................................................................................. 7 <br />O. Original Tax Capacity Rate ................................................................................................ 7 <br />P. Projected Retained Captured Net Tax Capacity and Projected Tax Increment ............................... 8 <br />Q. Use of Tax Increment ....................................................................................................... 8 <br />R. Excess Tax Increment ...................................................................................................... 9 <br />S. Tax Increment Pooling and the Five Year Rule ....................................................................... 9 <br />T. Limitation on Administrative Expenses ............................................................................... 10 <br />U. Limitation on Property Not Subject to Improvements - Four Year Rule ....................................... 10 <br />V. Estimated Impact on Other Taxing Jurisdictions ................................................................... 11 <br />W. Prior Planned Improvements ............................................................................................ 11 <br />X. Development Agreements ............................................................................................... 11 <br />Y. Assessment Agreements ................................................................................................ 12 <br />Z. Modifications of the Tax Increment Financing Plan ................................................................ 12 <br />AA. Administration of the Tax Increment Financing Plan .............................................................. 12 <br />AB. Financial Reporting and Disclosure Requirements ................................................................ 13 <br /> <br /> <br />Map of the Tax Increment Financing District ....................................................................................... EXHIBIT I <br />Assumptions Report ........................................................................................................................... EXHIBIT II <br />Projected Tax Increment Report ......................................................................................................... EXHIBIT III <br />Estimated Impact on Other Taxing Jurisdictions Report...................................................................... EXHIBIT IV <br />Market Value Analysis Report ............................................................................................................. EXHIBIT V <br />