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2011_0613_packet
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2011_0613_packet
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2/15/2012 1:34:43 PM
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12/22/2011 8:43:49 AM
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I I 1 I I MkIll BM0 I M1. <br />The purpose of the proposed ITTIodification to, the Tax In�cre�me�n�t F'in�an�cin�g Plan for Tax In�cre�me�n�t F'in�an�cin�g <br />District No,. 18 is to, increase the geolgraph�ic size of the d�istrict in oird�er to, include an ad�d�itiolnal parcel in which a <br />small area of development will be located within the bolund�aries of the District. The estimated public costs and <br />solurces of revenue are also, being increased to, reflect an increase in value within the District. The sectiolns ofthe <br />Modified Plan specifically being altered include Section G: Plrolperty to, be Included in the T'IF'District; Section 1: <br />Specific Development Expected to, Occur Within the T'IF'District; Section J: F'ind�ings and Need for Tax Increment <br />F'inancing, Section K: Estimated Public Costs; Section L: Estimated Solurces of Revenue; Section N: Original Net <br />Tax Capacity; Section 0: Original Tax Capacity Rate; Section PI: Projected Retained Captured Net Tax Capacity <br />and Projected Tax Increment; Section S: Tax Increment Ploloiling and the Five Year Rule and Section V: <br />Estimated Impact • e�r T'axin�g Jurisd�ictiolns. <br />
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