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File #: 0271-21    Version: A Name:
Type: Communication Status: Passed
File created: 4/9/2021 In control: Planning Heritage and Design Commission
On agenda: 5/4/2021 Final action: 5/4/2021
Title: Subject: Review of the proposed establishment of the project plan, boundaries, and creation of Tax Incremental District No. 26 and consideration of an approving resolution. (PHDC-21) Recommendation of the Planning, Heritage, and Design Commission on 04-14-21: That the proposed project plan, boundaries, and creation of Tax Incremental District No. 26 be approved and a resolution adopted. Fiscal Note: Tax Incremental District No. 26 is projected to generate $18,357,095.00 of increment to fund projects identified in the project plan for a period of 27 years.
Attachments: 1. Racine TID No. 26 Project Plan Draft, 2. PH Notice (w. Legal Notice) - Proposed TID No. 26, 3. PHDC Resolution 01-21, 4. #0271-21 Resolution

Title

Subject: Review of the proposed establishment of the project plan, boundaries, and creation of Tax Incremental District No. 26 and consideration of an approving resolution. (PHDC-21)

 

Recommendation of the Planning, Heritage, and Design Commission on 04-14-21: That the proposed project plan, boundaries, and creation of Tax Incremental District No. 26 be approved and a resolution adopted.

 

Fiscal Note: Tax Incremental District No. 26 is projected to generate $18,357,095.00 of increment to fund projects identified in the project plan for a period of  27 years.