My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
07-27-15-EDA
ArdenHills
>
Administration
>
Commissions, Committees, and Boards
>
Economic Development Authority (EDA)
>
EDA Packets
>
2011-2020
>
2015
>
07-27-15-EDA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/24/2015 9:58:56 AM
Creation date
7/24/2015 9:58:05 AM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
29
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
EDA TIF DISTRICT #4 — PRESBYTERIAN HOMES <br />Function: Economic Development <br />Supervisor: Director of Finance and Administrative Services <br />Fund#: 254 <br />Activity#: 47308 <br />Activity Scope <br />TIF district No. 4, Presbyterian Homes, was established as a 15 year renewal and <br />renovation district to facilitate the redevelopment of existing senor housing units and <br />replacement of existing nursing home units. The first increment is scheduled to be <br />received in 2014 with the districted expiring on December 31, 2029. <br />Obiectives <br />1. Utilize funds for Presbyterian Homes project per the development agreement. <br />Issues <br />1. Ensure compliance with TIF laws for uses of available funds. <br />Measurable Workload Data <br />None developed at this time. <br />Budget Commentary <br />Increment was received in 2014 and 2015 and is estimated for 2016. Payments are based <br />on 90% of increment received to the developer. The only other charges budgeted are <br />administrative charges.
The URL can be used to link to this page
Your browser does not support the video tag.