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•451,000 square feet of industrial development (3 buildings) <br />•Request for financial assistance related to financial gap <br />•$5.9 million adjusted TIF request <br />•Assist with financing of extraordinary costs <br />•Creation of Economic Development TIF District <br />•Maximum 9-year term <br />•8 years of receipt of first year of increment <br />•Pay-as-you-go financing <br />•Reimbursement for certain TIF-eligible costs <br />Proposed Economic Development TIF District: <br />Clearwater Creek Ryan Companies Industrial Development <br />9