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Y <br /> MEMORANDUM <br /> DATE: June 19, 2002 <br /> TO: Mayor and Councilmembers <br /> FROM: Michael Mornson, City Manager <br /> SUBJECT: STAFF REPORT <br /> H.R.A. Resolution 02-010 and the attached Assessment Report by Short-Elliott-Hendrickson <br /> allows the City to capture the new tax base from the Culver's project for inclusion into a tax <br /> increment district. <br /> The resolution provides the City the flexibility to use all of the new tax base to assist in the <br /> redevelopment of Apache Plaza. <br />