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Condemnation VS. TIF <br />Requirements <br />^ Blight findings is the <br />confusion/concern <br />^ Different findings required <br />Condemnation VS. TIF <br />Requirements <br />^ Blight -TIF ^ Blight -Condemnation <br />/ More than 50% of the / Building has to be <br />buildings must be structurally considered structurally <br />substandard substandard to <br />/ Can utilize all codes & don't <br />need to be codes that are <br />enforceable <br />Do not need to cite owner for <br />violations <br />/ Building is substandard if cost <br />to bring into <br />compliance/construct today <br />exceeds 15% of the current <br />assessor's market value <br />/ Has to be inspected and <br />cited for enforceable code <br />violations that involve <br />specific structural aspects <br />/ Need to cite owner for <br />violations and owner has <br />right to cure <br />/ Cost to cure the violations <br />needs to be more than 50 <br />percent of the assessor's <br />taxable market value for <br />the building only <br />19 <br />