PRESENTER: Presenter
Jeff Jewell, Economic and Community Development Director
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SUBJECT: Title
Discussion and direction on estimated TIRZ 4 project costs.
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DEPARTMENT: Economic and Community Development
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COUNCIL DISTRICTS IMPACTED: 2
BACKGROUND INFORMATION:
Before a Project & Financing Plan can be advanced for City Council consideration, projected cost estimates must be detailed out for each category in the Plan:
Staff will lead a discussion on this item.
STRATEGIC PLAN REFERENCE:
N/A Economic Mobility N/A Enhanced Connectivity N/A Community Identity
YES Organizational Excellence N/A Community Well-Being
FISCAL IMPACT:
There is no fiscal impact for this item; adopting the Project & Financing Plan with estimated project costs in each category is a requirement of establishing a TIRZ. The numbers provided are estimated costs for the duration of the TIRZ.
Recommendation
RECOMMENDATION:
Staff recommends the designation of project cost estimates for each project category in the Project & Financing Plan.