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()- <br />TAXINCREMENTFINANCINGHOUSINGDISTRICTNO.18 <br />oftheTIFAct:(1)theamountofanyinterfundloanoradvancemadeinacalendaryear; <br />and(2)anyamendmentofaninterfundloanoradvancemadeinacalendaryear. <br />3.04.7DurationofTIFDistrict <br />ThedurationtocollectandspendtaxincrementsoneligiblepurposesfortheTIFDistrictis <br />3.04.8EstimatedImpactonOtherTaxingJurisdictions <br />ExhibitsIIIandIVshowtheestimatedimpactonothertaxingjurisdictionsifthemaximum <br />projectedretainedcapturednettaxcapacityoftheTIFDistrictwashypotheticallyavailable <br />taxingjurisdictionsduringthelifeoftheTIFDistrict,sincetheproposeddevelopmentwould <br />nothaveoccurredwithouttheestablishmentoftheTIFDistrictandtheprovisionofpublic <br />assistance.ApositiveimpactonothertaxingjurisdictionswilloccurwhentheTIFDistrictis <br />TheCityanticipatesminimalimpactoftheproposeddevelopmentoncity-providedservices. <br />TherewillbenoborrowingcoststotheCityfortheProject.Amanageableincreaseinwater <br />andsewerusageisexpected.Itisanticipatedthattheremaybeaslightbutmanageable <br />3.04.9PriorPlannedImprovements <br />Therehavebeennobuildingpermitsissuedinthelast18monthsinconjunctionwithanyof <br />thepropertieswithintheTIFDistrict.TheCitywillincludethisstatementwiththerequestfor <br />DRAFTFORPUBLICHEARINGOCTOBER9,201911 <br />22 <br /> <br />