Laserfiche WebLink
� <br />� <br />R. <br />S. <br />T. <br />increment �inancing plan, the authority shall c-ertif <br />county auditor in the annual disclosure r�port h t� the <br />activi�y has commence d. The county auditor shall cert' <br />the value thereof as most recently certified b lfy <br />commissioner af revenue and add it to the Original Net the <br />Capacity of the tax �ncrement financing district. Tax <br />Limitatio� on the Us� of Tax Increment <br />A1� ��venue �erived from tax increment shall be use <br />accordance wi�h the tax increment financin d in <br />revenue� shall �e used to ginancQ or otherwis� pla�, The <br />ca��t�I and �d�inist�at��n ccsts pursuant to pay public <br />,��c�i°n 4��,124 through d69.134. These rev����s <br />shal� n�t be �s�d to circumve�t existinq levy li�it law. <br />rev�nu$s deriv�d �rom tax incxemen� �ha11 be used for the <br />constru�tio�, ���OY$t�Ohr oper�tfon or �aintananc� oP a <br />�ufldfnq to �� us�d ��i�a���y �nd �egularly for cond <br />the busine�s n� ��unicipalit�, coun�y, school �istric ctinq <br />any a�h�r la��l y�f� �� gov��nm�nt or �h� ststa or fed�ral <br />govarn����� �h�� P�nvi�ion shall not <br />revQnu@a �ar�vod ��a� t�x incr���nts For �h@ consth� use af <br />���ov�tian �� � ���k�n� �truc�ur�, � ��mman� area ru ed a � °r <br />�ubl�c p��k Q� a�a���i�y ���d ��� �oc��l, rQcrQation,$ a <br />con��r@nce purp���� �nd not 1 or <br />�u��nQ�s o� th� �un�cipali��, ��im�riiy �or condu�ting ��@ <br />�oti�����i�n o� Prior �l�n��� I�r�rov���nt� <br />Pu��u��� to <br />4� th� ��t� <br />i��lud�d f� <br />���t ��e�. <br />�ro��ct� �nd� <br />�3������� ��� i3r�� SQ�t��n ���r17�� �Vbd���$��h <br />�a� ��d��w�d a�� �Q��Ch�d the pro�ertie� <br />the t�� �nc���m�n� Ein��cin� redevel p�@nt <br />�a p�rna��� h�v� �QQ� ��s��� �o� e�y oF th� <br />�r ���s�����tio�. <br />��c��� T�x d���Q��nt <br />P��guAn� �a �nn,�$��� ,�t�t4�rr� <br />�, �� A�ny �ca�r° in wh�ch tt�� t�x �tnc�Q�aan��exce@d S�bdier�s,fon <br />n��e�����y to �5�� thc� ca��t� ���he�r,���d b� the t� th+� amount <br />p�anr �r��,��d�nc� �t�� ���unt n�c����r�v �o c�nGel ar� �ta rQm�nt <br />�� provida� ir� �.��Qt� stE��-r,�.,� Y x��vy <br />Su���v��ian �3, �h� �i��► �h�ll u�e �ha a�x�c��� �mount �4'75.61, <br />o. <br />Ar°�'a�" �t� ��t���nding t�x i.ncrement bonds; <br />di�eh��gn t�� p1�dc�Q o� ��x incr�m�nt th�r�for�; <br />P�� �n�o �n es�row <br />paym�nt <br />o� �uch bond; <br />�ccr�unt d�dic�tcd to th� <br />g���y �'�nY ����s including int@r�st on these loans; <br />�r <br />