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bakerti ll <br /> y <br /> now,for tomorrow <br /> New Proposed Housing TIF District: <br /> Jackson Hill Phase 11 Project <br /> Financial Review <br /> Prior to establishing a TIF district, the following findings are to be <br /> made by the City that include: <br /> 1 ) determination that the project qualifies as a TIF district, <br /> 2) determination that the project as proposed would not proceed <br /> without public assistance (meeting the "but-for" test), and <br /> 3) increased market value of the property to be developed is <br /> greater with TIF than if no public assistance is provided. <br /> Important to understand how the level of financial assistance would <br /> impact the ability of the proj*ect to proceed as proposed and <br /> maximize new value created on the current proj*ect site <br />