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CC_Minutes_2009_0713
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CC_Minutes_2009_0713
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Last modified
2/4/2010 1:53:16 PM
Creation date
7/30/2009 10:30:27 AM
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Roseville City Council
Document Type
Council Minutes
Meeting Date
7/13/2009
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.' <br />.• <br />Pu L•iic: Secio; Aaacrs: ~ SprlnC)Sted <br />- But/for test <br />• "...anticipated development would not occur without the <br />use of TIF..." <br />• "... increased MV of site without TIF would be less than <br />with TIF..." <br />TIF Plan Discussion -Findings and Need <br />• Findings and Need <br />TIF Plan Discussion -Budget <br />• Estimated Project Costs - $2.2M <br />-Land/building acquisition <br />- Note interest <br />-Administrative expenses <br />- Pooling <br />!. Estimated Sources of Revenue - $2.2M <br />-Tax increment revenue <br />i - Interest on invested funds <br />i'ubr,: `~:ct:;, Flaeso~~s ~ Springsted <br />3 <br />
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