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Order 16117/18 Passage: 70 (Stripling, Batson absent) on 3/5/2018 ETHAN K. STRIPLING (MAYOR) BELINDA S. RAY (1) SPENCER R. THOREAU (2) BRIAN E. BATSON (3) JUSTIN COSTA (4)CITY OF PORTLAND IN THE CITY
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The waterfront tif amended is needed by individuals or organizations who are involved or have an interest in waterfront development projects and are required to submit the amended TIF (Tax Increment Financing) application. This may include property developers, investors, or relevant government agencies responsible for overseeing the development and economic growth of waterfront areas.
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The waterfront tif is amended to reflect changes or updates in the Tax Increment Financing plan specifically related to projects or investments along waterfront areas.
Property owners, developers, or municipalities involved in waterfront developments that utilize Tax Increment Financing are required to file the waterfront tif amended.
To fill out the waterfront tif amended, gather necessary project details, provide updated financial information, and follow the prescribed format for submitting the amendments as outlined by local authorities.
The purpose of the waterfront tif amended is to update stakeholders on the financial status, project developments, and to ensure compliance with local regulations for waterfront redevelopment initiatives.
Information that must be reported includes project descriptions, changes in costs, anticipated increments in tax revenue, and any alterations in project timelines.
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