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6.1
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1997
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10-28-1997
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6.1
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selected public improvements and other development costs, • <br /> including the cost of water and sanitary sewer system <br /> improvements . <br /> D. DEVELOPMENT ACTIVITIES <br /> 1 . Private Development Activity <br /> All major development proposals for the Development <br /> District which the City was aware of on October 30, 1987, are <br /> listed in Section I . of the amended Development Program for the <br /> • <br /> Development District. The City is not aware of any contracts <br /> having been entered into at the time of the preparation of this <br /> TIF Plan with respect to any of those private development <br /> proposals, except as noted below. <br /> Development Activity within the TIF District will include <br /> the eighty-five thousand (85,000) square foot Alltool • <br /> manufacturing facility on the property identified in Section <br /> C. 2 above . It is estimated that the taxable assessed value of <br /> this facility will be Eight Hundred Eight Thousand Dollars <br /> ( $808, 000 ) . The Facility is expected to be substantially <br /> completed in 1988, and to begin operations in early 1989 . The <br /> City is not aware of any contract having been entered into at <br /> this time with respect to the Alltool facility. However, the <br /> City will enter into a development agreement with respect to <br /> the facility prior to the acquisition of property within the <br /> TIF District . <br /> 2 . Public Development Activities <br /> Public improvements proposed for the Development District <br /> are identified in the Development Program. Other public • <br /> 7 . <br />
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