Laserfiche WebLink
()- <br />TAXINCREMENTFINANCINGHOUSINGDISTRICTNO.18 <br />SECTION2.03BOUNDARIESOFDEVELOPMENTDISTRICT <br />TheboundariesoftheDevelopmentDistrictarecontiguouswiththeboundariesoftheCityand <br />isdepictedinExhibitVI. <br />SECTION2.04DEVELOPMENTACTIVITIES <br />activitiespursuanttotheDevelopmentDistrictAct,theTIFActandotherapplicablestatelaws, <br />andindoingsoanticipatesthatthefollowingmay,butarenotrequired,tobeundertakenby <br />theCity: <br />1.Themakingofstudies,planning,andotherformalandinformalactivitiesrelatingtothe <br />DevelopmentProgram. <br />2.TheimplementationandadministrationoftheDevelopmentProgram. <br />3.TherezoningoflandwithintheDevelopmentDistrict. <br />4.Theacquisitionofproperty,orinterestsinproperty,bypurchaseorcondemnation,which <br />acquisitionisconsistentwiththeobjectivesoftheDevelopmentProgram, <br />5.Thepreparationofpropertyforuseanddevelopmentinaccordancewithapplicableland <br />useregulationsanddevelopmentagreements,includingdemolitionofstructures,clearance <br />6.Theresaleofpropertytoprivateparties. <br />7.Theconstructionorreconstructionofsiteimprovementstopropertywithinataxincrement <br />8. <br />DevelopmentProgram,andtheuseoftaxincrementsorotherfundsavailabletotheCityto <br />byitpursuanttotheDevelopmentProgram. <br />9. <br />SECTION2.05PAYMENTOFPROJECTCOSTS <br />ProjectCostsandtheplanfortheirpaymentaredescribedintheTIFPlan.Itisanticipatedthat <br />theProjectCostsoftheDevelopmentProgramwillbepaidprimarilyfromtaxincrementsfrom <br />theTIFDistrict. <br />SECTION2.06ENVIRONMENTALCONTROLS;LANDUSEREGULATIONS <br />Allmunicipalactions,publicimprovementsandprivatedevelopmentshallbecarriedoutina <br />mannerconsistentwithexistingenvironmentalcontrolsandallapplicablelanduseregulations. <br />SECTION2.07PARKANDOPENSPACETOBECREATED <br />ParkandopenspacewithintheDevelopmentDistrictifcreatedwillbecreatedinaccordance <br />withtheCity’sComprehensivePlanandzoningandsubdivisionordinances. <br />DRAFTFORPUBLICHEARINGOCTOBER9,20193 <br />14 <br /> <br />