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Agenda Packets - 1988/02/22
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Agenda Packets - 1988/02/22
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4/28/2025 1:51:30 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
2/22/1988
Description
Work Session
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TABLE OF CONTENTS <br />Page <br />PART 1 <br />DEVELOPMENT PROGRAM FOR <br />MUNICIPAL DEVELOPMENT DISTRICT NO, 3 <br />A. <br />Statement and Finding of Public Purpose 1 <br />B. <br />Statutory Authority 1 <br />C. <br />Statement of Objectives 2 <br />D. <br />Estimated Public Costs and Supportive Data 3 <br />E. <br />Environmental Controls 3 <br />F. <br />Proposed Reuse of Property 3 <br />G. <br />Administration and Maintenance of Development District 4 <br />F.. <br />Rehabilitation 4 <br />I. <br />Relocation 4 <br />J. <br />Boundaries of Development District 4 <br />PART D <br />TAX INCREMENT REDEVELOPMENT DISTRICT FINANCE PLAN q3 <br />A. <br />Statutory Authority • <br />5 <br />B. <br />Statement of Objectives <br />5 <br />C. <br />Development Program <br />5 <br />D. <br />Descrlotien of Property in the Tax increment Financing District <br />5 <br />E. <br />Classification of the Tax Increment Financing District <br />5 <br />F. <br />Parcels in Acquisition <br />5 <br />G. <br />Estimate of Costs <br />6 <br />H. <br />Estimated Amount of Bonded Indebtedness <br />6 <br />I. <br />Sources of Revence <br />6 <br />J. <br />Original Assessed Value <br />6 <br />K. <br />Estimated Captured Assessed Value <br />7 <br />L. <br />Duration of the District <br />7 <br />M. <br />Estimated Impact on Other Taxing Jurisdictions <br />7 <br />N. <br />Modifications of the Tax increment Financing District <br />9 <br />0. <br />Limitation on Administrative Expenses <br />9 <br />P. <br />Limitation on Duration of Tax Increment Financing Districts <br />10 <br />Q. <br />Limitation on Qualification of Property in Tax increment District <br />Not Subject to Improvement <br />10 <br />R. <br />Limitation on the Use of Tax increment <br />10 <br />S. <br />Notification of Prior Planned Improvements <br />11 <br />T. <br />Excess Tax Increments <br />11 <br />U. <br />Requirement for Agreements with the Developer <br />11 <br />V. <br />Assessment Agreements <br />12 <br />
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