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Item A: Downtown Financing Strategy
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CC Agenda - 03/08/10 Work Session
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Item A: Downtown Financing Strategy
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6/9/2010 1:01:12 PM
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3/5/2010 9:10:22 AM
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City Council
City_Council_Document_Type
Agenda Item Summary
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3/8/2010
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May 12 Refined plan amendments prepared by staff, including financial analysis <br />(considering comments received by other jurisdictions, Planning Commission, <br />etc.) Final Plan prepared by staff. <br />May 24 Council meeting to consider ordinance amending the Downtown District Plan <br />[If the ordinance is adopted, the referendum signature process would need to be <br />completed by 6/9 at 5pm] <br />th <br />June 23 If council adopts ordinance on May 24, ordinance becomes law (30 day) – <br />unless referendum process successful <br /> [If the referendum is successful, the election would be on 11/2] <br /> <br />How it Works – Cash Flow Projections <br />The following chart shows a rough estimate of how this scenario would work. <br /> <br />
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