Eligibility Review Meeting. Xxxxx will meet with the City, either at a City Council meeting or at a more informal staff level meeting, to review the draft Eligibility Findings Report, determine the final boundary for the new TIF district, and discuss the process of moving forward with the preparation of a Redevelopment Plan, and plan adoption. If the Eligibility Findings Report concludes that the Study Area is not eligible for TIF designation, or for any other reason as determined by the City, the process can be ended at this point and we will not proceed on to Phase 2. The City would only be responsible for Phase 1 fees and expenses if the Study is terminated.
Eligibility Review Meeting. Xxxxx will meet with the Village, either at a Village Board meeting or at a more informal staff level meeting, to review the draft Eligibility Findings Report, determine the final boundary for the district, and discuss the process of moving forward with the preparation of a Redevelopment Plan and plan adoption. If the Eligibility Findings Report concludes that the Study Area is not eligible for TIF designation, or for any other reason as determined by the Village, the Village may decide to end the process at this point and not proceed on to Phase 2, at no additional expense to the Village. PHASE 2: PREPARE PROJECT REDEVELOPMENT PLAN
