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POLICIES & PROCEDURES <br />FOR ALICNTS <br />PPA <br />MAY 18, 2010 <br />SECTION 1 – INTRODUCTION <br />Advisory Group (North College), and URA Board (Board) in conside <br />plications that seek to use Tax Increment Financing (TIF) assist <br />the designated plan areas. The URA Board will have the option of <br />document when determined necessary or appropriate. <br />The fundamental purpose for application to the URA for TIF assis <br />1 <br />projects within the URA plan that would not otherwise occur “but <br /> Examples of costs eligible for TIF assistance are listed in Sec <br />2 <br />3 <br />cial assistance is at the sole discretion of the Board. The Boa <br />of TIF assistance. Furthermore, the approval or denial of one p <br />another project. <br />SECTION 2 – OECTIES <br />BJV <br />The URA exists to accomplish the following objectives: <br />Retaining, expanding or attracting businesses for the purpose of <br />1 <br />creased jobs, creation of primary jobs, higher paying employment <br />Eliminating blight. <br />2 <br />3 <br />Encouraging development projects that enhance the streetscapes a <br />4 <br />mercial corridors by adding interest and activity. <br />5 <br />6 <br />7 <br />8 <br />. Enhancing transportation infrastructure; <br />a <br />b <br />. Expanding or upgrading utility infrastructure; and <br />c <br />d <br />. <br />materials, facade renovations, special site improvements, etc. t <br />College area. <br />1 <br />13 <br /> <br />