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Application Requirements
Overview
The following are required with each application for TIF financing:

  • A detailed project description
  • A development financing plan, including sources of funds and loan terms
  • A preliminary commitment for financing and/or equity
  • A 5-year performa, if appropriate, indicating projected costs and revenues
  • A statement and demonstration that the project would not proceed without the use of TIF
  • Evidence that the project meets evaluation criteria as required
  • Preliminary plans for the project
  • A development schedule
  • If applicable, a list of public improvements which will be constructed along with the project
  • Corporation or partnership papers, if applicable
  • An audited financial statement of the corporation, partnership, or individual for the most recent full calendar year
  • Other information that may be required by the Project Review Committee

To begin the process, download the preliminary application form or contact Nancy Braden, Finance Director at (402) 375-1733.





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