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11: City,/ <br />im Louisville <br />COLORADO • SINCE 1878 <br />REVITALIZATION COMMISSION <br />SUBJECT: <br />CRITERIA FOR CONSIDERING DIRECT FINANCIAL <br />ASSISTANCE APPLICATIONS <br />DATE: APRIL 8, 2019 <br />PRESENTED BY: AARON M. DEJONG, ECONOMIC DEVELOPMENT <br />SUMMARY: <br />At the March 19, 2019 City Council meeting when they considered the TIF Rebate <br />Agreement for Terraces on Main, City Council was interested in developing a set of <br />criteria for the LRC to use when considering applications for direct financial assistance <br />to projects through a TIF rebate agreement structure. <br />Staff, with assistance from Commissioner Lipton, prepared the attached initial draft of <br />review criteria for TIF rebate agreements. The LRC can use this draft as an initial <br />discussion and provide input into changes or additional items to consider in the <br />document. <br />ATTACHMENTS: <br />1) April 4, 2019 Draft LRC Criteria <br />LOUISVILLE REVITALIZATION COMMISSION <br />