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This seems to be a timely opportunity. The increment generated by this process would be potentially available <br /> to help support other redevelopment, including the street and water project along Heritage Street, Sorel Street, <br /> Progress Road, Centerville Road, and Main Street, and other redevelopments or sales that may occur in the <br /> district. <br /> Staff is not trying to commit the City Council to any specific redevelopment goals or timelines. We are simply <br /> trying to move forward in a timely manner to preserve all options to assist in redevelopment of this important <br /> area of town. Going forward with the inspections in a necessary step prior to pursuing a new TIF district. It <br /> seems as if Centerville has a tremendous opportunity to combine a long-awaited apartment project with other <br /> redevelopment goals at the same time. Staff recommends that the City Council authorize staff to move forward <br /> with inspections of downtown buildings to see if this area would be eligible to become a new TIF district. <br /> Attachments: Map <br /> Proposed Timeline from Northland Securities, Inc. <br />