Section 10-B6105. BOND ALLOCATION FORMULA

Latest version.

The Bond Allocation Formula (based upon the Rating System) for determining aggregate principal amount of Bonds to be allocated to a Retail Development Project if approved as a TIF Area, is as follows:

Grand Total (reflected on the Rating System) X $2.55 X total square feet of Retail Development Project.

source

Final Rulemaking published at 51 DCR 9326 (October 1, 2004); as amended by Final Rulemaking published at 53 DCR 825 (February 10, 2006).

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');