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Financial Impact <br />The estimated tax increment to be collected u12010 is $55,645.10. The deferral of tax increment for <br />2-years will be just over $100,000 that could be utilized under the recent legislation. <br />Attachments <br />• Memorandum from Kennedy & Graven dated Apri16, 2010 RE: Jobs Bill -House File 2695 <br />Action Motion by Second by Vote <br />Follow Up <br />S:\Community Development\Economic Development\TIF\TIF16\5.3.10 IIRA Action Requested.doc <br />