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HRA PACKET 03232021
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HRA PACKET 03232021
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4/9/2021 9:26:43 AM
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4/9/2021 9:03:04 AM
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<br />St. Anthony Housing & Redevelopment Authority <br />Lowry Grove 2 <br />Table of Contents <br /> <br />Modification to the Development Program for Redevelopment Project Area No. 3 ...................... 3 <br />Foreword ................................................................................................................................... 3 <br />Tax Increment Financing Plan for the Lowry Grove ...................................................................... 4 <br />Foreword ................................................................................................................................... 4 <br />Statutory Authority .................................................................................................................... 4 <br />Statement of Objectives ............................................................................................................ 4 <br />Development Program Overview .............................................................................................. 4 <br />Description of Property in the District and Property to be Acquired .......................................... 5 <br />Classification of the District ....................................................................................................... 5 <br />Duration and First Year of Tax Increment of the District ........................................................... 6 <br />Original Tax Capacity, Tax Rate and Estimated Captured Net Tax Capacity Value/Increment <br />and Notification of Prior Planned Improvements ....................................................................... 6 <br />Sources of Revenue/Bonds to be Issued .................................................................................. 7 <br />Uses of Funds ........................................................................................................................... 8 <br />Estimated Impact on Other Taxing Jurisdictions ....................................................................... 9 <br />Supporting Documentation ..................................................................................................... 10 <br />Administration of the District ................................................................................................... 11 <br />Appendix A: Map of Redevelopment Project Area No. 3 and the TIF District ........................ 12 <br />Appendix B: Estimated Cash Flow for the District .................................................................. 13 <br />Appendix C: Findings Including But/For Qualifications .......................................................... 14 <br />Appendix D: Redevelopment Qualifications for the District .................................................... 16 <br /> <br /> <br />6
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