Laserfiche WebLink
District. The proposed budget modification identifies that the city will <br />use $6,000 of tax increment for this purpose. <br /> <br />Public Improvements - Staff has proposed two public improvement <br />projects in the Elk River Industrial Park utilizing tax increment <br />dollars from TIF District No. 9. These projects include the <br />construction of a sidewalk on the interior side of Industrial Boulevard <br />and the modification/rehabilitation of the Elk River Industrial Park <br />entrance sign. Staff is estimating the cost of construction of the <br />sidewalk will be approximately $35-$45,000. There is no estimate for <br />improvements to the Industrial Park signage at this time. <br /> <br />Attachments <br /> <br /> Resolution 98 - <br />· TIF No. 9 Budget Modification <br />· TIF No. 9 Public Hearing Notice - Published December 9, 1998 <br />· Notification letters to county and school district regarding TIF No. 9 <br /> budget modification <br /> <br />Recommendation <br /> <br />Staff recommends approval of the attached Resolution 98- regarding a <br />budget modification to the Tax Increment Plan for Tax Increment Financing <br />District No. 9. <br /> <br /> <br />