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SECTION 2 Sections 2 through 5 must be completed for each redevelopment project area listed in Section 1. FY 2015 Name of Redevelopment Project Area: Primary Use of Redevelopment Project Area*: If
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TIF District 2 is a Tax Increment Financing district that designates a specific area for economic development.
Property owners and developers within the designated TIF district are required to file TIF District 2.
To fill out TIF District 2, property owners and developers must provide information about the proposed development project and its economic impact.
The purpose of TIF District 2 is to promote economic development, job creation, and infrastructure improvements in the designated area.
Information such as the project description, estimated costs, financing plan, and projected economic benefits must be reported on TIF District 2.
The deadline to file TIF District 2 in 2023 is June 30th.
The penalty for late filing of TIF District 2 is a fine of $500 per day until the report is submitted.
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