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Agenda Packets - 1986/10/06
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Agenda Packets - 1986/10/06
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4/1/2025 2:35:16 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/6/1986
Description
Work Session
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TABLE OF CONTENTS <br />PART 1 DEVELOPMENT DISTRICT NO. 2 PLAN Pam_ <br />Section A. <br />Statement of Public Purpose I <br />Section B. <br />Statutory Authority I <br />I <br />Section C. <br />Property Description <br />I <br />Section D. <br />Rehabilitation <br />2 <br />Section E. <br />Relocation <br />2 <br />Section F. <br />Development Program <br />Section G. <br />Administration and Maintenance of District 4 <br />PART II TAX INCREMENT REDEVELOPMENT DISTRICT FINANCE PLAN <br />Section A. <br />Statutory Authority <br />o <br />Section B. <br />Statement of Objectives <br />5 <br />Section C. <br />Development Program <br />5 <br />Section D. <br />Description of Property In Tax <br />Increment Financing District <br />5 <br />section E. <br />Classification of the Tax Increment <br />Financing District <br />5 5 <br />Section F. <br />Parcels in Acquisition <br />Section G. <br />Estimate of Costs <br />0 <br />Section H. <br />Estimated Amount of Loan/Bonded <br />Indebtedness <br />7 <br />Section I. <br />4 <br />Sources of Revenue <br />7 <br />Section J. <br />Original Assessed Value <br />7 <br />Section K. <br />Estimated Captured Assessed Value <br />Section L. <br />Duration of the District <br />B <br />Section M. <br />Estimated impact on Other <br />Taxing Jurisdictions <br />E <br />Section N. <br />Modifications of the Tex increment <br />Financing District <br />10 <br />Section O. <br />Limitation on Administrative Expenses <br />t0 <br />Section F. <br />Limitation on Duration of Tax <br />increment Financing Districts <br />11 ' <br />Section Q. <br />Limitation on Quallf[cation of Property <br />in Tax increment District Not Subject <br />to Improvement <br />it <br />Section R. <br />Limitation on the Use of Tax increment <br />11 <br />Section S. <br />Notificitlon of Prior Planned improvements <br />11 <br />Section T. <br />Excess Tax Increments <br />12 <br />Section U. <br />Requirement for Agreements with <br />the Developer <br />12 <br />Section V. <br />Assessment Agreements <br />12 <br />Section W. <br />Administration of the Tax Increment <br />Financing Redevelopment District and <br />Maintenance of the Tex Increment Account <br />13 <br />
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