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File #: 0003-21    Version: A Name:
Type: Communication Status: Passed
File created: 1/5/2021 In control: Community Development Authority
On agenda: 1/19/2021 Final action: 1/19/2021
Title: Subject: Communication sponsored by Mayor Mason, on behalf of the Manager of Neighborhood Services, requesting the approval of the TID 22 Funding Allocation Plan and authorization for the Department of City Development and Community Development Authority to implement the plan. Recommendation of the Community Development Authority on 01-07-2021: That the TID 22 Funding Allocation Plan be approved and that the City Development Director, or his designees, be authorized to implement the program. Fiscal Note: TID 22 generated around $320,000 in increment during 2020, and is expected to generate steadily increasing amounts of funding in subsequent years. Subsequent years’ funding amounts will be allocated to various programs as outlined in the Funding Allocation Plan.
Attachments: 1. ABM-TID 22 Funding Allocation Plan, 2. DRAFT Residential TID Funding Program, 3. CDA Resolution 21-01, 4. #0003-21 Resolution

Title

Subject: Communication sponsored by Mayor Mason, on behalf of the Manager of Neighborhood Services, requesting the approval of the TID 22 Funding Allocation Plan and authorization for the Department of City Development and Community Development Authority to implement the plan.

 

Recommendation of the Community Development Authority on 01-07-2021: That the TID 22 Funding Allocation Plan be approved and that the City Development Director, or his designees, be authorized to implement the program.

 

Fiscal Note: TID 22 generated around $320,000 in increment during 2020, and is expected to generate steadily increasing amounts of funding in subsequent years. Subsequent years’ funding amounts will be allocated to various programs as outlined in the Funding Allocation Plan.