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City of Centerville 12/5/2018 <br /> EDA Meeting <br /> Duration Limit <br /> District Type (After Receipt Geographic Areas That Example of Permitted Uses of <br /> of First Qualify Increments(Metro Area) <br /> Increment) <br /> Manufacturing <br /> Economicg ears No restrictions Warehousing <br /> years R&D facilities <br /> -Telemarketing <br /> Housing 25 years No restrictions Housing for low-or moderate-income <br /> renters or homeowners <br /> Redevelopme -70%occupied by Correction of conditions justifying <br /> nt 25 years buildings,50%of which creating district <br /> are substandard <br /> 70%occupied by <br /> Renewal and buildings,20%of which Correction of conditions justifying <br /> Renovation 15 years are substandard and creating district <br /> another 30%require <br /> renovation <br /> • TIF Districts must bei <br /> established within the 'r 4A <br /> . . "` I <br /> e <br /> boundaries of a Project <br /> J g <br /> Area <br /> • <br /> Types of Project Area "" i I <br /> Yp s J <br /> — EDA may establish a ;� <br /> Redevelopment Project <br /> and adopt a <br /> Redevelopment Plan � <br /> — City may establish a <br /> Development District <br /> and adopt a <br /> II Development Program <br /> 42 3 <br />