O-1999-2348 - Laserfiche WebLink

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e e . Assist Client with the education of the TIF board appointments; . Assist Client and TIF Board in the preparation the Plan for consideration and approval of the TIF Board of Directors and the Client. As a minimum, the Plan will include a detailed list describing the estimated project costs of the TIF, including public improvements and services; a statement listing the kind, number and location of all proposed public works, public improvements or services; an economic feasibility study prepared by an independent consultant (provided by Client) acceptable to the Client; the estimated amount of bonded indebtedness to be incurred; the time when related costs or monetary obligations are to be incurred; and a description of the methods of financing all estimated project costs and the expected sources of revenue to finance or pay project costs, including the percentage of tax increment to be derived from the property taxes of each taxing unit that levies taxes on real property in the TIF; the current total appraised value of taxable real property in the TIF; the estimated captured appraised value of the TIF during each year of its existence; and the duration of the TIF; . Assist Client in the preparation and negotiation of development agreements between the Authority, the City, the TIF and developers (as appropriate); and . Assist Client to insure that all procedural requirements related to other taxing units are met with regard to the Plan. The Client agrees to complete the Reinvestment Zone Services by October 2, 1999. TIF Board Management Services . Prepare public notices, meeting agendas, and information packets for use at Board of Directors meetings; . Take and prepare minutes of Board meetings and maintain Reinvestment Zone files; . Prepare budgets for inclusion in the City's Annual Budget and financial reports as required; . Assist Reinvestment Zone Number One Board of Directors in the implementation of the Project Plan and Reinvestment Zone Financing Plan; . Assist CityITIF to develop and construct a property owner database for mapping, taxation, and information purposes; and . Serve as liaison with the City and other interested parties to further mission of Reinvestment Zone Number One. Hawes Hill & Patterson Consultants, L.L.P. P.O. Box 22167, Houston, Texas 77227-2167 713.541.0447/713.541.9906 (Fax:) 2