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Agenda Packets - 1998/03/02
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Agenda Packets - 1998/03/02
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Last modified
1/28/2025 4:46:42 PM
Creation date
6/18/2018 7:08:40 AM
Metadata
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
3/2/1998
Supplemental fields
City Council Document Type
City Council Packets
Date
3/2/1998
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Adopted 5/12/97 <br /> 10. WORKSHEET SUMMARY <br /> POINT VALUE <br /> Public versus Private +3 Staff Pt.Value <br /> Number of Employees +4 EDC Pt. Value <br /> Public Investment per Employee 0 <br /> Pay Level of Positions 0 Comments: <br /> Real Estate/Property Taxes Generated +5 <br /> Significant Impact Multiplier +2 <br /> Service Impact -4 Retail& senior housing <br /> require additional <br /> services <br /> Form of TIF Assistance Required +5 <br /> Total Points 15 <br /> • <br /> 11. RATING FOR PROJECTS LOCATED WITHIN TIF DISTRICTS 1, 2, AND 3 <br /> Point Value Term of Assistance <br /> 0-10 0 Years <br /> 11 - 13 3 Years - or- Remaining life of TIF <br /> District, whichever is less <br /> 14 - 16 5 Years - or- Remaining life of TIF <br /> District,whichever is <br /> less <br /> 17 - 20 7 Years - or- Remaining life of TIF <br /> District,whichever is less <br /> 21 and Over 10 Years - or-Remaining life of TIF <br /> District, whichever is less <br /> • <br />
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