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11 <br /> • MEMORANDUM <br /> DATE: January 18, 2001 <br /> TO: . Chair and H.R.A. Commissioners <br /> FROM: Michael Mornson, Executive Director <br /> ITEM: TIF AMENDMENT <br /> The proposed amendment to the Tax Increment Finance Fund is reflected in the following chart: <br /> Project Activity Funds That Could Be Status <br /> Authorized -Not Yet <br /> Spent <br /> Purchase and demolish Custom $800,000 Purchase agreement <br /> Liquidators on Kenzie Terrace <br /> *Redevelop St. Anthony Shopping Center $1.2 million Waiting for Shopping <br /> area along New Brighton Boulevard and Center owners <br /> Kenzie Terrace <br /> • Redevelop vacant lots by Twin City $75,000 No activity <br /> Federal No change <br /> Purchase or assist in redevelopment of $500,000 No activity <br /> Kentucky Fried Chicken, Broadway <br /> Pizza, video store and Firstar Bank <br /> *Redevelop Apache Plaza area $400,000 In progress. Northwest <br /> Quadrant Task Force <br /> established <br /> *May create new TIF districts, therefore Chandler funds may not be needed <br /> Total $2,975,000 <br /> The following projects are either completed or nearing completion. <br /> Project Funds Used/Committed <br /> Walgreens $200,000 <br /> Silver Lake Road Bridge $270,000 (Completed) <br /> Streetscape $250,000 <br />