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2004_0712_Packet
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2004_0712_Packet
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Workshop 4: <br />Monetary Sources: <br />Twin Lakes RedevelopmentArea <br />Tax Irlq2rrert Reverx ie Bonds <br />Tax I�crement Re�xe Note <br />Qalts - Other <br />Land Paym�t <br />TOTALSOURCES <br />ti��� <br />1 x� Qoo- <br />S Q <br />i]pFU�4fi <br />taa.aoo.000 <br />Workshop 4: <br />Gap Strategies <br />� Twin Lakes Parkway (not paid by development) <br />� Levy Special Assessments <br />• ReduceContingencies <br />• Reduce City Administrative Fees <br />� Obtain Assistance from State/County for Off-Site Road <br />Improvemerits <br />� Obtain Environmental Remediation Grants <br />� Issue General Obligation Bonds <br />� Require HigherLand Paymerits <br />• Create a HazardousSubstance Subdistrict <br />� Pay Fiscal DisparitiesFrom Outside the District <br />- Utilize Condemnation and Moratorium on Development <br />���� General Overview <br />• Community-altering changes: <br />—Aging population base <br />—Slowturnoverin housing <br />—Lack of available housing for younger <br />households <br />—Less diverse workforce and increasing <br />mismatch with in-cityjobs <br />Workshop4: <br />Sources and Uses Statement: <br />Twin Lakes RedevelopmentArea <br />TOTALSOURCES <br />TOTALUSES <br />338,800,000 <br />$66,100,000 <br />i Workshop # 5 — <br />Market Forces and Demographics <br />• Regionallsub-RegionalOverview of Demographic <br />and Market Changes, Trends, and Forecasts <br />— Population Characteristics: Past, Currerit, Future <br />— Housing <br />— Employmerrt � <br />— Competing Developmerit Areas <br />r� Meeting with Staff I�' �eting with <br />, DevelopmentTeam <br />�� • POS� report on Website <br />aiiV in Newsletter <br />t� <br />
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