Title
Subject: Communication from the Director of City Development requesting to amend the project plan of Tax Incremental District No. 9. (Res. No. 12-3383)
Recommendation of the City Plan Commission on 10-10-12: That the resolution for the amendment of the project plan for TID No. 9 be approved.
Fiscal Note: The Project Plan amendment is necessary to allow TID No. 9 to share approximately $5.5 million in tax increment with TID Nos. 10, 11 and 15 over a five year period, after which the donor and recipient districts will close.