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File #: 0671-21    Version: A Name: Subject: Review and discussion of the proposed establishment of the project plan, boundaries, and creation of Tax Incremental District No. 27 and consideration of an approving resolution. (PHDC-21)
Type: Communication Status: Passed
File created: 8/19/2021 In control: Planning Heritage and Design Commission
On agenda: Final action: 9/21/2021
Title: Subject: Review and discussion of the proposed establishment of the project plan, boundaries, and creation of Tax Incremental District No. 27 and consideration of an approving resolution. (PHDC-21) Recommendation of the Planning, Heritage, and Design Commission on 08-25-21: That the resolution establishing the boundaries and approving the project plan creating Tax Incremental District No. 27 be approved. Fiscal Note: Tax Increment District No. 27 is projected to generate $13,631,274 of increment to fund projects identified in the project plan over its life for a period of 27 years.
Attachments: 1. Public Hearing Notice, 2. TID FAQ, 3. TID 27 Plan, 4. PHDC Resolution - TID 27, 5. TID 27 Public Hearing Email Comments, 6. TID 27 Questions Sept. 16, 2021, 7. #0671-21 Resolution

Title

Subject: Review and discussion of the proposed establishment of the project plan, boundaries, and creation of Tax Incremental District No. 27 and consideration of an approving resolution. (PHDC-21)

 

Recommendation of the Planning, Heritage, and Design Commission on 08-25-21: That the resolution establishing the boundaries and approving the project plan creating Tax Incremental District No. 27 be approved.

 

Fiscal Note: Tax Increment District No. 27 is projected to generate $13,631,274 of increment to fund projects identified in the project plan over its life for a period of 27 years.