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,--AIZEN�HILLS <br /> Request for Council Review <br /> 2A <br /> Prepared By: Patrick Klaers,City Administrator <br /> Jill Hutmacher,Community Worksession Date: December 13,2010 <br /> Development Director <br /> Presbyterian Homes Tax Increment Financing Contract <br /> Discussion Topic: - <br /> Discussion of the proposed terms for the Presbyterian Homes TIF contract. <br /> Supporting Documents: <br /> 1. Memorandum dated December 13, 2010,from Patrick Klaers and Jill Hutmacher. <br /> 2. Map of Development District No 1 with TIF District No. 4 <br /> 3. Procedure for Application to the City of Arden Hills for Private Activity Revenue Bond <br /> Financing <br /> 4. Ehlers Presbyterian Homes Proforma Review <br /> 5. Comparison of Conduit Debt Issuance Fees <br /> 6. TIF Background Calculations <br /> 7. TIF Model Including$1.115 Million in Assistance Provided over 14 Years <br /> 8. TIF Model Including$1.4 Million in Assistance Provided over 16 Years <br />