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. , <br />-� — <br />5. That the annual amount of funds paid to the developer will <br />not exceed $500,615. Any amount of tax increment available <br />over that amount will be retained by the City foz use of <br />other eligible tax increment projects as allowed by State <br />statutes. <br />6. That the full taxable development will. be complete by <br />October 25, 1995 to have full taxable value on January 1, <br />1996 for taxes payable in 1997. <br />7. That the development be constructed in accordance with the <br />approved final PUD plan. <br />The hearing for the final plat and fihal PUD plan has been <br />scheduled for Tuesday, June 29, 1993. <br />If you should have any questions, please don't hesitate to <br />coa�L`�a�t me at 490-2236. <br />S�nc�ely, <br />Mich�e-Y F k <br />City Plan er <br />City of R lle <br />:cf <br />