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03-28-05
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03-28-05
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9/17/2012 10:46:45 AM
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11/14/2006 4:23:36 PM
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<br />Revised Policy incorporating <br />city attorney's modifications <br /> <br />. <br /> <br />C. <br /> <br />To retain local jobs and/or increase the number and diversity of quality jobs <br /> <br />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 oflocal 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 /> <br />3. <br /> <br />Costs Which Mar Qnalifv for Tax Increment FinBncinl: Assistance <br />A. Project design fees including utilities, landscape, architectural, and engineering <br />design <br /> <br />. <br /> <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 /> <br />C. Land acquisition <br /> <br />D_ Special assessments <br /> <br />E. Legal fees (acquisition, finance, closing) <br /> <br />F. Soil tests <br /> <br />G_ Environmental studies <br /> <br />H. Surveys <br /> <br />L Interest rate write downs <br /> <br />J_ <br /> <br />Replacement or cleanup of contaminated soils which would otheIWise preclude <br />redevelopment <br /> <br />. <br /> <br />Page 2 0[9 <br />
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