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Ordinance No. 20564
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2016 No. 20560 - 20571
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Ordinance No. 20564
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Last modified
6/15/2016 2:05:21 PM
Creation date
6/15/2016 2:00:16 PM
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Council Ordinances
CMO_Document_Number
20564
Document_Title
Ordinance Adopting Amended Urban Renewal Plan for Downtown Urban Renewal Distrcit
Adopted_Date
6/13/2016
Approved Date
6/14/2016
CMO_Effective_Date
7/15/2016
Signer
Piercy
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INDEX OF TABLES <br />Table1. Generalized Land Use.......................................................................................................................... 3 <br />Table2. Zoning......................................................................................................................................................... 3 <br />Table 3. Median Household Income................................................................................................................ 5 <br />Table 4. Assessed Value of the Frozen Base................................................................................................ 5 <br />Table S. List of Project Activities and Cost Ranges.................................................................................15 <br />Table 6. Maximum Indebtedness Calculation...........................................................................................17 <br />Table 7. Projected Revenues and Expenditures for the Plan Area.........................................29 <br />Table 8. Impact of Urban Renewal on an Individual Tax Bill..................................................31 <br />Table 9. Estimated Division of Tax Impact of the Plan on Overlapping Taxing Jurisdictions, <br />FY16- FY27..................................................................................................................................32 <br />Table 10. Estimated Impact of Downtown District Tax Increment Collections on <br />Overlapping Jurisdictions, FY16 Tax Data (Including the impact of school funding formula <br />and Measure 5/50 tax rate compression)..................................................................................34 <br />Table 11. Estimated Revenue without Downtown Urban Renewal District, FY16 Tax Data <br />AFTER Discounts, Delinquencies, & State School Funding Formula........................................22 <br />
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