Laserfiche WebLink
Table of Contents <br />(for reference purposes only) <br />Section 1 - Modification to the Development Program <br />for Development District No. 1............................................. 1-1 <br />Foreword ............................................................. 1-1 <br />Section 2 - Tax Increment Financing Plan <br />for TIF District No. 34: New Brighton Elementary............................... 2-1 <br />Subsection 2-1. Foreword............................................... 2-1 <br />Subsection 2-2. Statutory Authority........................................ 2-1 <br />Subsection 2-3. Statement of Objectives ................................... 2-1 <br />Subsection 2-4. Development Program Overview ............................ 2-1 <br />Subsection 2-5. Description of Property in the District and Property To Be Acquired . 2-2 <br />Subsection 2-6. Classification of the District................................. 2-2 <br />Subsection 2-7. Duration and First Year of Tax Increment of the District........... 2-2 <br />Subsection 2-8. Original Tax Capacity, Tax Rate and Estimated Captured Net Tax Capacity <br />Value/Increment and Notification of Prior Planned Improvements ................ 2-3 <br />Subsection 2-9. Sources of Revenue/Bonds to be Issued ...................... 2-4 <br />Subsection 2-10. Uses of Funds ........................................... 2-4 <br />Subsection 2-11. Fiscal Disparities Election.................................. 2-5 <br />Subsection 2-12. Estimated Impact on Other Taxing Jurisdictions ................. 2-5 <br />Subsection 2-13. Supporting Documentation ................................. 2-7 <br />Subsection 2-14. Administration of the District ................................ 2-7 <br /> Appendix A <br />Project Description ...................................................... A-1 <br />Appendix B <br />Map of Development District No. 1 and the District ............................. B-1 <br />Appendix C <br />Estimated Cash Flow for the District ........................................ C-1 <br />Appendix D <br />Redevelopment Qualifications for the District ................................. D-1 <br />Appendix E <br />Findings Including But/For Qualifications..................................... E-1