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File #: 0364-20    Version: A Name:
Type: Communication Status: Passed
File created: 6/16/2020 In control: Planning Heritage and Design Commission
On agenda: Final action: 7/8/2020
Title: Subject: Review of the proposed establishment of the project plan, boundaries, and creation of Tax Incremental District No. 25 and consideration of an approving resolution. (PHDC-20) Recommendation of the Planning, Heritage, and Design Commission on 06-24-2020: That the proposed project plan, boundaries, and creation of Tax Incremental District No. 25 be approved and a resolution adopted. Fiscal Note: Tax Incremental District No. 25 is projected to generate $17,341,135 of increment to fund projects identified in the project plan over a period of 26 years.
Attachments: 1. Racine TID No. 25 Project Plan Draft 2020-6-25, 2. Legal Notice TIDs 06102020, 3. PC Res TID 25 Creation, 4. #0364-20 Resolution, 5. TID 25 - 2020-07-06

Title

Subject: Review of the proposed establishment of the project plan, boundaries, and creation of Tax Incremental District No. 25 and consideration of an approving resolution. (PHDC-20)

 

Recommendation of the Planning, Heritage, and Design Commission on 06-24-2020: That the proposed project plan, boundaries, and creation of Tax Incremental District No. 25 be approved and a resolution adopted.

 

Fiscal Note: Tax Incremental District No. 25 is projected to generate $17,341,135 of increment to fund projects identified in the project plan over a period of 26 years.