Laserfiche WebLink
4) The nature of the proposed project and its overall effect on the City; <br />5) Ibe proposed ! ojeefs effect on the safety, haddi, andmoralsofthe City's <br />residents; <br />► i Whethertheproposed p 1 ill have ► .1 1 long-term adverse <br />on the provision of City services or its tax base, <br />7) Whether the project meets all relmnt zoning requirements,' <br />8) Whether the project is consistent with the comprehensive plan ofthe City or <br />County of <br />planned9) The types and cost of public improvements end services (water and sewer main <br />adensions, meets and rmds, m.) required of the City and the types and values of <br />pub] ic improvements to be fUrn ished by the applicant. <br />h) Economic Qualification. In order to be eligible to receive tax abatement, the <br />improvements: <br />1) Must be reasonably expected to increase the appraised value of the Property, <br />2) Must be expected to prevent the loss of employment Or the retention Or <br />creation of Jobs duringof <br />3) Should not be expected to solely or primarily have the effeet of merely <br />bwaferring existing employment from one part of the City to another <br />without demonstration of increased Um inves=ent (Dollars or Jobs) or <br />Unusual circumstances where, i move ! . } <br />e re Iv,d <br />4) Must be necessary because capacity oannot be provided efficiently utilizing <br />existing improved Property w1hen reasonable allowance is made necessary <br />improvements or governmental acti <br />3mTiai0RhVLIFw.hXw the term of the -agreement, taxes sbal I be able as follows - <br />Base Year 4 eligible} E F determined ..: year bythe Lamar <br />taxableCounty Appraisal District shall be fully taxable; and <br />2) Tbeadilitional value of eligible property above the Base Yew Value shall be <br />1; described in the agreement. <br />