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 (PDF) the preliminary application form or contact Nancy Braden, Finance Director at (402) 375-1733.
