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TABLE OF CONTENTS <br /> • Section <br /> Page(s) <br /> A. Definitions 1 <br /> B. Statutory Authorization 1 <br /> C. Statement of Need and Public Purpose 1 <br /> D. Statement of Objectives 1 <br /> E. Designation of Tax Increment Financing District as a Redevelopment District 1-2 <br /> F. Duration of the TIF District and the Three Year Rule 3 <br /> G. Property to be Included in the TIF District 3 <br /> H. Property to be Acquired in the TIF District 3 <br /> I. Specific Development Expected to Occur Within the TIF District 4 <br /> J. Findings and Need for Tax Increment Financing 4-5 <br /> K. Estimated Public Costs 5 <br /> L. Estimated Sources of Revenue 5 <br /> M. Estimated Amount of Bonded Indebtedness 6 <br /> N. Original Net Tax Capacity 6 <br /> O. Original Tax Capacity Rate 6 <br /> P. Projected Retained Captured Net Tax Capacity and Projected Tax Increment 7 <br /> Q. Use of Tax Increment 7-8 <br /> • R. Excess Tax Increment 8 <br /> S. Tax Increment Pooling and the Five Year Rule 8-9 <br /> T. Limitation on Administrative Expenses 9 <br /> U. Limitation on Property Not Subject to Improvements - Four Year Rule 9 <br /> V. Estimated Impact on Other Taxing Jurisdictions 10 <br /> W. Local Government Aid Penalty 10 <br /> X. Prior Planned Improvements 10 <br /> Y. Development Agreements 10 <br /> Z. Assessment Agreements 11 <br /> AA. Modifications of the Tax Increment Financing Plan 11 <br /> AB. Administration of the Tax Increment Financing Plan 11-12 <br /> AC. Financial Reporting and Disclosure Requirements 12-14 <br /> Map of the Tax Increment Financing District EXHIBIT I <br /> Assumptions Report EXHIBIT II <br /> Projected Tax Increment Report EXHIBIT III <br /> Estimated Impact on Other Taxing Jurisdictions Report EXHIBIT IV <br /> Market Value Analysis Report EXHIBIT V <br /> • • <br />