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03-14-05
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03-14-05
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11/14/2006 4:23:30 PM
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<br />. <br /> <br />. <br /> <br />. <br /> <br />3. To retain local jobs and/or increase the number and diversity of quality jobs <br /> <br />4. To offset increased costs for redevelopment over and above the costs that a developer <br /> <br /> <br />would incur in normal urban and suburban development. <br /> <br />5. To facilitate the development process and to achieve development on sites which would <br />not be developed without this assistance. <br /> <br />6. 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 oflocal government, etc. <br /> <br />7. <br /> <br />To encourage the application of urban design principles that promotes cOffij3act, efficient <br />mixed-use development, quality amenities, and attractive, pedestrian, and transit friendly <br />development. <br /> <br />Costs Which Qualifv for Tax Increment Financinl! Assistance <br /> <br />Project design fees including utilities, landscape, architectural, and engineering design <br /> <br />. Site-related work, including permits for site work, earthwork/excavation, soil correction, <br /> <br />landscaping, utilities, streets and roads, street/parking lot paving, street/parking lot <br /> <br />lighting, curb and gutter, and sidewalks <br /> <br />Land acquisition <br /> <br />Special assessments <br /> <br />. Legal fees (acquisition, finance, closing) <br /> <br />. Soil tests <br /> <br />Environmental studies <br /> <br />Surveys <br /> <br />Page 2 of9 <br />\\Earth\Admin\Committees\Economic Development Commission\Tax Increment Financing Policy - Copy with <br />Council and EDe Strikeouts and Bold Text.doc <br />
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