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Resolution 03-2023 Mooresville Redevelopment Commission Determining Need to Capture Incremental Assessed Valuation
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Resolution 03-2023 Mooresville Redevelopment Commission Determining Need to Capture Incremental Assessed Valuation
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7/10/2023 2:09:40 PM
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7/10/2023 2:08:58 PM
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MOORESVILLE TIF DISTRICT <br />F. Name of TIF District: 2019 Mooresville Allocation Area <br />G. TIF Revenues Expected to be Collected in 2024: $0 <br />H. Projected Expenditures in 2024: <br />I. Bond principal and interest: <br />J. Lease payments: $0 <br />K. Other Expenditures: <br />e. Amount: _$0 <br />Total Projected Expenditures (the sum of 1, 2 and 3): $0 <br />L. Percentage: 0 % (Calculate as B divided by C, times 100) <br />M. IF the percentage in Item 5 is greater than 200°/x, does the Redevelopment <br />Commission propose to pass through to underlying taxing units part or all of the <br />portion of the captured assessed value generating the excess 2024 TIF revenues over <br />200%? <br />NO: X <br />YES: _ If yes, amount of Captured Assessed Value to be Passed through <br />for 2024: <br />DMS 22812838v1 <br />
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