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5.1. HRSR 10-04-2004
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5.1. HRSR 10-04-2004
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City Government
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HRSR
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10/4/2004
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Consider Recommendation for TIF District No.22 <br /> HRA Meeting October 4,2004 <br /> Page 2 of 2 <br /> • creation is not a goal of this project consequently after the public hearing it is recommended that the <br /> City set the wage and job goals in the business subsidy agreement at zero. <br /> Sid Inman of Ehlers &Associates will be at the HRA meeting to present the TIF Plan and answer <br /> any questions. Ron Seymour of S.E.H., the firm that completed the redevelopment assessment <br /> report,will present the analysis of redevelopment qualifications for the area. <br /> Recommendation <br /> The HRA is requested to provide a recommendation of the TIF Plan to the City Council for <br /> consideration. <br /> Staff recommends that the HRA consider adoption of the attached Resolution Recommending a <br /> Modification to the Development Program for Development District No. 1, Establishing <br /> Downtown Phase I Tax Increment Financing District No. 22 Therein and Adopting a Tax <br /> Increment Financing Plan Therefor. <br /> • <br /> • <br /> H:\SHRDOC\Downtown Revitalization\TIF\hra Oct recommendation.doc <br />
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