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07-01-2019 Council Packet
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07-01-2019 Council Packet
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Last modified
10/30/2021 1:08:48 PM
Creation date
7/8/2019 12:27:13 PM
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City Council
Council Document Type
Council Packet
Meeting Date
07/01/2019
Council Meeting Type
Work Session Regular
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Proposed Financial Assistance <br />8 <br />1) Review and application of fee credits through City policy <br />Credit of approximately $300,000 <br />Park dedication and trunk utility fees for public trail and trunk utility <br />oversizing improvements <br />2) Expanding boundaries of TIF District <br />Include 20 detached townhomes in district <br />Estimate of $6.0M (est.$300,000 for 20 units) of new value will provide <br />additional incremental revenues <br />Approximately 1-2 year reduction of TIF district
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