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• <br />TABLE OF CONTENTS <br />Section Paae(s) <br />A. Definitions 1 <br />B. Statutory Authorization 1 <br />C. Statement of Need and Public Purpose 1 <br />D. Statement of Objectives 2 <br />E. Designation of Tax Increment Financing District as an <br />Economic Development District 2 <br />F. Duration of the TIF District and the Three Year Rule 3 <br />G. Property to be Included in the TIF District 4 <br />H. Property to be Acquired in the TIF District 5 <br />I. Specific Development Expected to Occur Within the TIF District 5 <br />J. Findings and Need for Tax Increment Financing 5 <br />K. Estimated Public Costs 6 <br />L. Estimated Sources of Revenue 7 <br />M. Estimated Amount of Bonded Indebtedness 7 <br />N. Original Net Tax Capacity 7 <br />0. Original Tax Capacity Rate 8 <br />S P. Projected Retained Captured Net Tax Capacity and Projected Tax Increment 8 <br />Q. Use of Tax Increment 9 <br />R. Excess Tax Increment 9 <br />S. Tax Increment Pooling and the Five Year Rule 10 <br />T. Limitation on Administrative Expenses 10 <br />U. Limitation on Property Not Subject to Improvements - Four Year Rule 11 <br />V. Estimated Impact on Other Taxing Jurisdictions 11 <br />W. Prior Planned Improvements 12 <br />X. Development Agreements 12 <br />Y. Assessment Agreements 12 <br />Z. Modifications of the Tax Increment Financing Plan 12 <br />AA. Administration of the Tax Increment Financing Plan 13 <br />AB. Financial Reporting and Disclosure Requirements 14 <br />Map of the Tax Increment Financing District EXHIBIT I <br />Map of the Development District EXHIBIT I <br />Projected Tax Increment Report EXHIBIT 11 <br />Estimated Impact on Other Taxing Jurisdictions Report EXHIBIT III <br />• <br />P39 <br />