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2003_0224_packet
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2003_0224_packet
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z%egular City Council Min utes — 2/1 OI/013 <br />Recording Copy - Minutes -lugs 2 <br />41 <br />lie Review Agenda, <br />01 <br />Mayor Kysylyczyn called fo I <br />r, any co�rnnWnts, or diuscussion o <br />the Consent Ag <br />1 enda. There were no comments, <br />11. Presentations <br />Ae Tax Increme I cin g Districts <br />I <br />Community Development Director Dennis WeIsch <br />V 0 <br />introduced the disicu,ssioln, and Mr. Jim Casse�r,ly; outhning, <br />the Council action rie�que�stea tonight., <br />Councilmembe�r Mascihka asked whether this, proposed <br />special, legislation 'is identical to New Brightlo�n'si. Mr., <br />N <br />Caer,ly responded 'in the affirmative) noting the only <br />exception b�ein,g the floating tax rate. <br />Mayor Kysiylyczyn, asked whether a p�rie- 1990 TIF District <br />I <br />could be pooled and, used 'in another District., Mr,. Cas,serly <br />I <br />responded 'in the affirmative. Councilmember, Masichka <br />I <br />dII ,,, <br />Mayor Kysiylyczyn call,ed for public comment on thmO <br />Ok <br />item. <br />A! Sands, 2612 Aldine <br />Mr. Sands, asked Mr. Cassierly if all TIF rules appli'led to <br />istricts created under this, special legisiation. <br />Mr., Casserly responded affirmati,vely, that the re,gular ani <br />general TIF -rules still applied. <br />i <br />Mr., Sands, then questioned the boundan'es for the proposed, <br />I <br />T'IFI Dism''Ict, subjeict to, the special legislation. Mr., Sands, <br />1 01*91 <br />Presentations <br />Resolution 100,71 <br />Tax Increment <br />91 IN 10 A <br />Financing Districts <br />
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