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SECTION 2 Sections 2 through 5 must be completed for each redevelopment project area listed in Section 1. FY 2018 Name of Redevelopment Project Area (below): Main/Archer TIF DistrictPrimary Use of
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The mainarcher tif district is a tax increment financing district established to promote economic development in the mainarcher area.
Property owners and businesses within the mainarcher tif district boundaries are required to file the tif district.
To fill out the mainarcher tif district, property owners and businesses must report their property values and any improvements made within the district boundaries.
The purpose of the mainarcher tif district is to capture the increase in property tax revenues generated by economic development in the area and reinvest those funds back into the district.
Property owners and businesses must report their property values, any improvements made, and the increase in tax revenues generated within the district.
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