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c. cost of improvements made to the property <br />d. Costs of issuance of bonds. <br />3. Land write down <br />The city can write down the cost of land it owns to a developer for the purpose of creating <br />economic development. However, this —as well as any other incentive discussed here —is a <br />business subsidy and subject to all provisions of the Business Subsidy Law. <br />4. Deferred Assessments <br />The city has deferred public improvements until development in the Apollo Business Park <br />and on the Tagg property. <br />5. Removal of development fees <br />The city has the option of removing fees such as site and building plan review, building <br />permit fees and park dedication fees. <br />6. Grant funding for Livable Communities <br />The city received $220,000 in 1998 for the completion of a master plan and development <br />standards in the Town Center. With that complete, the city intends to apply for 2000 funding <br />for implementation of the master plan. A total of $6.9 million is available this year. This <br />money can be used to cover the gap that may exist between conventional suburban <br />development and Traditional Neighborhood Development. Applications are due in August. <br />