Res 2004-189 - Laserfiche WebLink

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I I I the TIRZ. These presentations are required by the Act and must be made prior to the City's creation of the TIRZ. The Consultant will attempt to conduct a single briefing with all jUrIsdictIOns if possIble. If necessary, the Consultant will conduct the required briefing before each body independently. 1.1.13 Assist the City in conducting the public hearIng on the creation of the TIRZ. It is anticipated that the public hearing will be held before the City Council, in which case the Consultant Will be present to serve as technical advisor to the City during the hearing. The City may request, however, that the Consultant conduct the hearing on the City's behalf. 1.2 Creation of the Tax Increment Reinvestment Zone The Consultant will: 1.2.1 Prepare and delIver to the City's Legal Department a draft creation ordinance for the TIRZ. The ordinance will make all the required statutory findings and other content, and be accompanied by the final Preliminary Project Plan and the final Preliminary Financing Plan, all exhibits and other information, as required by the Act. 1.2.2 Work with the City and the owner/developer of the bulk of the TIRZ area (the "Developer") to nominate and appoint the TIRZ Board of Directors (the "TIRZ Board"). 1.2.3 Present the final Preliminary Project Plan and the final Preliminary Financing Plan to the TIRZ Board Based on Input from the TIRZ Board, the Consultant will prepare a final Project Plan (the "Final Project Plan") and final FlIlancing Plan (the "Final Financing Plan") for presentation to the TIRZ Board. Should any changes to either plan be required based on the public hearIng process, the Consultant will incorporate the necessary changes into the plan document(s) and present them to the TIRZ Board for its consideration and approval. 1.2.4 Prepare and submit to the City's Legal Department an ordinance to approve the Project Plan and Financing Plan. 1.2.5 Transmit the approved plans to all taxing jurisdictions. 1.26 Negotiate final participation agreements with other taxing jurisdictions. The Consultant will insure that each agreement sets forth the rate of participation for the jUrisdiction, the term of the agreement, and any special negotiated proVISIons reqLllred by the JUrIsdiction for their partIcipation in the TIRZ. 1.2.7 Present agreements to the TIRZ Board for approvaL 1.2.8 Prepare and submit ordinances to the City's Legal Department to approve the partiCipation agreements with other taxing jurisdictions. 1.3 Creation of the Redevelopment Authority Note: The CIty's engagement of the Consultant for these services, and the compensation to be paid to the Consultant, will be determllled by the parties 111 an amendment to this Agreement. This deSCrIption of services may be modified in that amendment. The Consultant will: 3