Communication from the City Manager and the Community Development Director with a Request to Concur with the Recommendation from the East Village Growth Cell Tax Increment Financing Economic Development Advisory Committee, and the East Village Growth Cell TIF Redevelopment Plan and Project, for the following: A. APPROVE the EAST VILLAGE GROWTH CELL (EVGC) Housing Program and Associated Program Guidelines; and B. APPROVE the Designation of $250,000.00 in Available TIF Increment to the EVGC HOUSING PROGRAM for 2016 and 50% of the Unrestricted TIF Fund Balance to the HOUSING PROGRAM for Subsequent Years Thereafter, for the Remaining Life of the TIF.

Committee

City Council

Requested by

Community Development

Introduced

August 10, 2015

On agenda

August 25, 2015

Passed

August 25, 2015