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08-15-07
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08-15-07
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D. To offset increased costs for redevelopment over and above the costs that a <br /> • developer would incur in normal urban and suburban development. <br /> E. To facilitate the development process and to achieve development on sites which <br /> would not be developed without this assistance. <br /> F. To meet other uses of public policy, as adopted by the Council from time to time, <br /> including promotion of quality urban design, quality architectural design, energy <br /> conservation, decreasing the capital and operating costs of local government, etc. <br /> G. To encourage the application of urban design principles that promotes efficient <br /> mixed-use development, quality amenities, and attractive,pedestrian, and transit <br /> friendly development. <br /> 3. Costs Which Qualify for Tax Increment Financing Assistance <br /> A. Project design fees including utilities, landscape, architectural, and engineering <br /> design <br /> B. Site-related work, including permits for site work, earthwork/excavation, soil <br /> correction, landscaping, utilities, streets and roads, street/parking lot paving, <br /> street/parking lot lighting, curb and gutter, and sidewalks <br /> C. Land acquisition <br /> D. Special assessments <br /> E. Legal fees (acquisition, finance, closing) <br /> F. Soil tests <br /> G. Environmental studies <br /> H. Surveys <br /> I. Interest rate write downs <br /> J. Replacement or cleanup of contaminated soils which would otherwise preclude <br /> redevelopment <br /> K. Carrying costs <br /> L. Any other costs allowable by state statute <br /> Page 2 of 8 <br /> \\Metro-inet.us\ardenhills\Admin\Committees\Economic Development Commission\TCAAP Public Financing <br /> Policy-Final.doc <br />
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