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City Council Study Session Agenda and Packet 2020 01 28
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City Council Study Session Agenda and Packet 2020 01 28
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6/12/2020 10:49:11 AM
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City Council Records
Meeting Date
1/28/2020
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City Council SS Packet
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3 <br />Metro District Revenue Raising Powers <br />May levy a property tax imposed on the property within the <br />district <br />May levy special assessments on benefitted property within <br />the district <br />May impose fees, rates, tolls, charges and penalties for <br />revenue-producing services or facilities <br />Metro District Financing <br />General obligation bonds <br />Revenue bonds <br />Special assessment bonds <br />Access to tax-exempt municipal bond financing is financially <br />advantageous <br />Under certain circumstances may issue bonds backed by a <br />pledge of tax increment revenue (TIFS) or public <br />improvement fees (PIFS) pursuant to agreements with such <br />financing authorities (urban renewal authorities) <br />17
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