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DATE: December 16, 2019 <br /> <br />TO: Honorable Mayor and City Councilmembers <br /> <br />FROM: Dave Perrault, City Administrator <br /> <br />SUBJECT: Resolution 2019-048 Approving the Modification to the Development Program <br />for Development District No. 1 and Establishing Tax Increment Financing <br />District No. 5: TCAAP within Development District No. 1 and Approving the <br />Tax Increment Financing Plan <br /> <br />Budgeted Amount: Actual Amount: Funding Source: <br />N/A N/A N/A <br /> <br />Background <br /> <br />A presentation on this item and supporting material can be found on the item PUBLIC <br />HEARING 4A. The resolution to approve this item is attached. Stacie Kvilvang will be present <br />for discussion. <br /> <br />Budget Impact <br /> <br />N/A <br /> <br />Attachment <br /> Attachment A: Resolution 2019-048 Approving the Modification to the Development Program <br />for Development District No. 1 and Establishing Tax Increment Financing District No. 5: <br />TCAAP within Development District No. 1 and Approving the Tax Increment Financing Plan <br />NEW BUSINESS – 5A <br /> <br /> <br /> MEMORANDUM <br />