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2A, TIF White Paper
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04-16-12-WS
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2A, TIF White Paper
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6) City to embody new process and point system into TIF approval policy.what the final <br /> components and process might look like <br /> TIF Assessment Components and Process <br /> City Management Information <br /> (Identified outside any project proposal) <br /> City development goals <br /> Prioritized and weighted <br /> City financial goals <br /> Prioritized and weighted <br /> TIF Budget and plan <br /> TIF Assessment Worksheet <br /> TIF Assessment Process <br /> (The 3 steps of the worksheet done for each project) <br /> Initial project screening <br /> Passes City's subsidy criteria? <br /> TIF regulatory qualification? <br /> City has TIF capacity? <br /> Long-term screening <br /> Long term benefits to City? <br /> Long term viability of partner? <br /> TIF assessment <br /> How well does project rank? EDC recommendation? <br /> Matches well enough to continue <br /> Matches well enough to continue <br /> TIF assessment <br /> City Council approval? <br /> Ranks well enough to recommend to City Council <br /> Page 6 of 6 <br />
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