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2004-01-21 e-packet
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2004-01-21 e-packet
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Last modified
5/19/2005 10:28:51 AM
Creation date
2/5/2004 8:32:09 AM
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Template:
City Clerk Records
Document Type
Staff Report
Date
1/21/2004
Title
Special joint meeting RDA and City Council
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Recommendations <br /> <br />Extend time limit for project activities and tax increment <br />receipt by one year in all four Projects. <br />Fiscally merge Gateway, Shearwater, and Downtown <br />Projects. <br />Combine Tax increment caps in Gateway, Shearwater, <br />and Downtown Projects into one combined cap for all <br />three Projects. Also, combine caps on outstanding <br />bonded indebtedness in the three Projects into one <br />combined cap for all three projects. <br />Add Oyster Point Marina area to Downtown Project Area. <br />Consider adding to Downtown Project Area other areas <br />that exhibit blighting conditions. <br />Consider the possibility of reinstating or extending eminent <br />domain authority on non-residential property. <br /> <br /> <br />
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