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98-057
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98-057
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7/15/2005 10:16:41 AM
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<br />1.05. The Council created Tax Increment Financing District No.4 within the Project <br />Area and approved and adopted a Tax: Increment Financing Plan relating thereto on November <br />23, 1982, at which time the duration of the tax: increment financing district was expected to be <br />fifteen (15) years from receipt of the first anticipated tax increment in 1985, thereby designating <br />a termination date of December 31, 2000, pursuant to Section V, Subsection 5.12. of the tax <br />increment financing plan. <br /> <br />10.6. The Council created Tax Increment Financing District No.5 within the Project <br />Area and approved and adopted a Tax Increment Financing Plan relating thereto on July 24, <br />1984, at which time the duration of the tax increment financing district was expected to be fifteen <br />(15) years from receipt of the first anticipated tax increment in 1986, thereby designating a <br />termination date of December 31, 2001, pursuant to Section VI, Subsection 6.12. of the tax <br />increment financing plan. <br /> <br />1.07. The Council created Tax Increment Financing District No.6 within the Project <br />Area and approved and adopted a Tax Increment Financing Plan relating thereto on January 8, <br />1985, at which time the duration of the tax increment financing district was expected to be fifteen <br />(15) years from receipt of the first tax increment anticipated in 1987, thereby designating a <br />termination date of December 31, 2002, pursuant to Section VII, Subsection 7.12. of the tax: <br />increment financing plan. <br /> <br />1.08. The Council created Tax Increment Financing District No.7 within the Project <br />Area and approved and adopted a Tax Increment Financing Plan relating thereto on May 14, <br />1985, at which time the duration of the tax: increment financing district was expected to be fifteen <br />(15) years from receipt of the first anticipated tax increment in 1987, thereby designating a <br />termination date of December 31,2002, pursuant to Section VIII, Subsection 8.12. of the tax <br />increment financing plan. <br /> <br />1.09. The Council created Tax Increment Financing District No.8 within the Project <br />Area and approved and adopted a Tax Increment Financing Plan relating thereto on October 22, <br />1985, at which time the duration of the tax increment financing district was expected to be fifteen <br />(15) years from receipt of the first anticipated tax increment in 1987, thereby designating a <br />termination date of December 31, 2002, pursuant to Section IX, Subsection 9.12. of the tax <br />increment financing plan. <br /> <br />1.10. The Council created Ta'C Increment Financing District No.9 within the Project <br />Area and approved and adopted a Tax Increment Financing Plan relating thereto on December <br />19, 1985, at which time the duration of the tax increment financing district was expected to be <br />twelve (12) years from receipt of the first anticipated tax increment in 1988, thereby designating <br />a termination date of December 31, 2000, pursuant to Section X, Subsection 10. 12. of the tax <br />increment fmancing plan. <br /> <br />2 <br />
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