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The county auditor, required to enforce this provision, must then exclude the original net <br /> tax capacity of any parcel on which there has been no development activity. <br /> The exclusion of the net tax capacity does not mean the parcel is eliminated from the <br /> district. If the authority or owner of the parcel begins site preparation on that parcel later <br /> (but in accordance with a TIF plan), the authority may reinstate the excluded parcel in the <br /> existing district and certify to the county auditor that development activity has begun. <br /> The county auditor will then add the net tax capacity of the parcel to the original tax <br /> capacity of the rest of the parcels in the district. The term of the district for the parcel <br /> would remain the same as for other parcels in the district,but the tax capacity that is now <br /> the "frozen base" for that parcel is the tax capacity of the parcel as most recently certified <br /> by the Department of Revenue. <br /> Alternatively, the authority may decide to include the parcel in a new TIF district. The <br /> term for a new district would be longer than the remaining years available for the parcel <br /> in the existing district. <br /> Reviewed: December 2010 2009-3002 <br /> Revised: June 2009 <br /> This Statement of Position is not legal advice and is subject to revision. <br /> An Equal Opportunity Employer <br />