Laserfiche WebLink
Proposed Financial Assistance <br />4 <br /> Financial <br />Assistance <br />Package <br />Initial request $5,300,000 <br />Reduction of request based on financial review $(1,400,000) <br />Reduction based on fee credits $(300,000) <br /> <br />Net Assistance through TIF (est. 9.5 years) $3,600,000 <br /> <br />Pooled TIF from Housing District 1-5 $382,000 <br /> <br />Proposed TIF Assistance to Developer from TIF 1-13 <br />(New Housing TIF District) over 8.5 years $3,218,000 <br /> <br /> Financial <br />Assistance <br />Package <br />Initial request $5,300,000 <br />Reduction of request based on financial review $(1,400,000) <br />Reduction based on fee credits $(300,000) <br /> <br />Net Assistance through TIF (est. 9.5 years) $3,600,000 <br /> <br />Pooled TIF from Housing District 1-5 $382,000 <br /> <br />Proposed TIF Assistance to Developer from TIF 1-13 <br />(New Housing TIF District) over 8.5 years $3,218,000 <br /> <br />Financial <br />Assistance <br />Package <br />Initial Request $5,300,000 <br />Reduction of request based on financial review $(1,400,000) <br />Reduction based on fee credit $(300,000) <br />Net assistance through TIF (est. 9.5 years)$3,600,000 <br />Pooled TIF from TIF 1-5 $382,000 <br />Proposed TIF Assistance from TIF 1-13 over 8.5 years $3,218,000