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i Expanded Rules for any, type of development if construction commences by July 1, 2011 and certi fication. of district 'is requested, by June 3 0, 2011. May be used to redevelop property where 710 percent of the parcel is industrial or utility property. The project must result', mffi an increase of square footage of industrial, or, utility property by three times or moire over its current level. Must', be approved before June 30, 2012. In, order, to, establish, a TIF district, a specific process must be followed including, the followinj A Development Program or Redevelopment', Plan (depending on statutory authority used) must be, prepared. This sets forth the general goals, for the development or redevelopment proj ect area. 2,. A Tax Increment Financing Plan, must be prepared. This sets, forth the specific project(s) to be undertaken costs involved, and revenues projected, and is the guiding document for the prICI ploised preject., 8. Upon, approval, the C ity must request County certification of' the on" g m*al value of tile TIF district which will begiii the tax increment collection process. 9. Actual project', expenditures may, not be made unti,l the TIFTIan is adopted and the TIF d I t isWet A is els, HVWI-&OA� F 1* 0 inancine and Bond,ing Powers The EDA may issue General Obligation Bonds (GO Bonds) "in anticipation of 'income from any source for any purpose allowed by, statute. The City �must, by, ordm"ancei, and by two thirds vote, give specific consent to, pledge the City I s full fa"Ith and creidit to the GO Bonds. The EDA must . . .. .. . .. .. . . .... . ... .. ... .. .. .. . .. .