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7.1 SR 06-03-2024 (2)
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7.1 SR 06-03-2024 (2)
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11/15/2024 1:25:51 PM
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6/3/2024
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7 <br />Heritage Millwork Inc. TIF Summary <br />Purpose of financial review and needs analysis is to assist the City with making a determination: <br />•if the project as proposed would be unlikely to proceed “but-for” the requested public financial assistance and <br />•if assistance is necessary, to determine the appropriate amount and terms of public assistance. <br />Level of Assistance based on all project components (extraordinary costs, construction of affordable <br />housing) and financial feasibility (availability of revenues to support repayment of project costs) <br />Financial Analysis - Baker Tilly <br />Page 421 of 464
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