Item 4L
M E M O R A N D U M
August 1, 2018
To: Shana K. Yelverton, City Manager
From: Sharen Jackson, Chief Financial Officer
Subject: Item 4L: Ordinance No. 1197, 1st Reading, approving an
amended Project and Financing Plan for Tax Increment
Reinvestment Zone Number One, City of Southlake, Texas;
extending the term of the reinvestment zone; providing a
severability clause and providing an effective date
Action
Requested: Approve Item 4L, extending the term of Southlake TIRZ #1
and amending the project and financing plans as proposed
Background
Information: The Southlake Tax Increment Reinvestment Zone #1 was
established to provide a financing mechanism to facilitate
high quality development in the southeast area of the city. It
consists of 408 acres that encompasses the entirety of
Southlake Town Square as well as additional Carroll
Independent School District properties shown on the map
included as Exhibit A-1 in the proposed amended project
and financing plan.
Created by Ordinance No. 682 in September 1997, TIRZ #1
is set to expire on December 31, 2018 or the date when all
project costs are paid and all debt is retired, whichever
comes first.
The purpose of Ordinance No. 1197 is to: (1) Extend the life
of the zone for an additional 20 years; and (2) Amend the
project and financing plan to include project costs related to
public buildings and facilities (including Carroll ISD facilities
located within the zone), public parks, gene ral infrastructure,
technology infrastructure, operations and maintenance.
Financial
Considerations: Tax Increment Financing (TIF) is a tool to finance public
improvements within a defined area. The improvements
should enhance the environment and attract new
investment. The statutes governing tax increment financing
are in Chapter 311 of the Texas Tax Code.
A municipality makes an area eligible for tax increment
financing by designating a “reinvestment zone”, also called a
Item 4L: Ordinance No. 1197
Meeting Date: August 7, 2018
“tax increment reinvestment zone (TIRZ)” or a “tax increment
financing (TIF)” zone. The City of Southlake has one active
zone.
Costs of selected public improvements outlined in the zone’s
project and financing plan may be paid by current or future
tax revenue flowing from redeveloped or appreciated real
property valued in the zone. The additional tax dollars
generated by growth of real property value in the zone are
called the tax increment. These dollars flow to a fund for a
specified number of years. Money flowing into the fund each
year is spent according to an approved plan and in
accordance with agreements in place with participatin g
governmental units.
The TIRZ’s base year taxable value (1997) was
$23,475,366. Taxable property value appreciation in the
zone since that time was captured for investment in the zone
in accordance with the Project & Financing Plan approved in
August 1999 which outlined the strategies used to
encourage development in the zone. The Plan also include d
value projections for the zone as a benchmark to track
performance.
This item proposes to extend the life of the zone an
additional 20 years as well as to amend the eligible project
costs and update the value projections within the zone.
Project Costs:
Total project costs for the extended life of the zone are
estimated at approximately $259,647,866. Specific project
cost estimates are included in Exhibit C. The proposed
public improvements in the zone fall into five general
categories: public buildings and facilities, public parks,
general infrastructure, technology infrastructure; and,
operations and maintenance.
In addition, the TIF will pay a portion of project costs and
operations for the Carroll Independent School District's
educational facilities listed in Exhibit C of the project plan,
which are located in the TIRZ boundaries.
Amended Financing Plan:
The Amended Financing Plan provides information on the
projected monetary impact that the extension of the TIRZ
could have on the property described in Exhibit A. It also
Item 4L: Ordinance No. 1197
Meeting Date: August 7, 2018
describes how that impact will be utilized to enhance the
area and region through leveraging the resources of each
entity who participates in the project.
With this amendment, the City of Southlake and Carroll
Independent School District are shown as participating at
100%, meaning that 100% of the increment generated from
these entities will flow into the fund. These revenues will be
used to fund public improvements within the included as
Exhibit C. Other taxing entities such as Tarrant County,
Tarrant County Junior College District and Tarrant County
Hospital District are illustrated as participating at 0% in the
TIRZ.
Strategic Link: C4: Attract and keep top-tier businesses to drive a dynamic
and sustainable economic environment; B2 Collaborate with
select partners to implement service solutions; F2 Invest to
provide and maintain high-quality public assets
Citizen Input/
Board Review : The City Council discussed the extension of the Southlake
TIRZ #1 during public workshops held on July 6, 2016 and
February 16, 2017. Additionally, staff briefed the Southlake
TIRZ #1 Board of Directors at their August 1, 2017 meeting.
The Southlake TIRZ #1 Board of Directors will consider
approval of the amended project and financing plan at their
August 7, 2018 meeting.
Legal Review: The City Attorney has reviewed the proposed project and
financing plan.
Alternatives: 1. Do not approve and allow Southlake TIRZ #1 to expire.
2. Approve with changes
Supporting
Documents: 1. Ordinance No. 1197 (includes as attachment the
Amended Project and Financing Plan)
Staff
Recommendation: Approve as presented.
ORDINANCE NO. 1197
AN ORDINANCE OF THE CITY OF SOUTHLAKE, TEXAS,
APPROVING AN AMENDED PROJECT PLAN AND FINANCING PLAN
FOR TAX INCREMENT REINVESTMENT ZONE NUMBER ONE, CITY
OF SOUTHLAKE, TEXAS; EXTENDING THE TERM OF THE
REINVESTMENT ZONE; PROVIDING A SEVERABILITY CLAUSE;
AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Southlake, Texas passed Ordinance
682 creating Reinvestment Zone Number One, City of Southlake (the “Reinvestment
Zone”) as authorized by the Tax Increment Financing Act, Texas Tax Code , Chapter
311 (the “Act”) on September 23, 1997; and
WHEREAS, the City, after public hearing, passed Ordinance 682 -A expanding
the Reinvestment Zone boundaries from 256 acres to 408 acres on December 2, 1997;
and
WHEREAS, the City Council of the City of Southlake, Texas passed Ordinance
690 approving the project plan and financing plan for the Reinvestment Zone on
December 16, 1997; and
WHEREAS, the City Council of the City of Southlake, Texas City, after public
hearing, passed Ordinance 752 amending the project and financing plan on August 17,
1999; and
WHEREAS, on August 7, 2018, the Board of Directors adopted an amended
project plan and financing plan (the “Amended Plans”) for the Reinvestment Zone; and
WHEREAS, the Amended Plans anticipate extending the term of the
Reinvestment Zone; and
WHEREAS, the City Council, after proper hearing and notice as required by the
Act, desires to approve the Amended Plans and extend the term of the Reinvestment
Zone.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF SOUTHLAKE, TEXAS:
SECTION 1: The facts and recitations contained in the recitals of this ordinance are
hereby found and declared to be true and correct and are incorporated herein for all
purposes.
SECTION 2: The Amended Plans, attached hereto as Exhibit “A”, are approved.
SECTION 3: The term of the Reinvestment Zone is extended so that the Reinvestment
Zone terminates upon the earlier of: (a) December 31, 2038; or (b) the date when all
projects costs, as further described and detailed within the Amended Plans, are paid.
SECTION 4: If any section, paragraph, clause or provision of this Ordinance shall for
any reason be held to be invalid or unenforceable, the invalidity or unenforceability of
such section, paragraph, clause or provision shall not affect any of the remaining
provisions of this Ordinance.
SECTION 5: This Ordinance shall take effect and be in force immediately from and after
its passage on the date shown below.
PASSED ON FIRST READING, August 7, 2018.
PASSED ON SECOND READING AND ADOPTED, this the 21st day of August, 2018.
CITY OF SOUTHLAKE, TEXAS
Laura Hill, Mayor
ATTEST:
Carol Borges, TRMC
City Secretary
APPROVED AS TO LEGALITY:
City Attorney
EXHIBIT “A”
Amended Plans
CI
T
Y
O
F
S
O
U
T
H
L
A
K
E
TA
X
I
N
C
R
E
M
E
N
T
RE
I
N
V
E
S
T
M
E
N
T
Z
O
N
E
#
1
AM
E
N
D
E
D
P
R
O
J
E
C
T
A
N
D
F
I
N
A
N
C
I
N
G
P
L
A
N
AU
G
U
S
T
7
,
2
0
1
8
Updated by:Alison Ortowski
As
s
i
s
t
a
n
t
City Manager Sharen Jackson
Ch
i
e
f
Financial Officer
2 |
Ta
b
l
e
o
f
C
o
n
t
e
n
t
s
03
0
7
1
7
3
2
3
3
pa
g
e
pa
g
e
pa
g
e
pa
g
e
pa
g
e
38
4
2
4
3
5
0
5
1
pa
g
e
pa
g
e
pa
g
e
pa
g
e
pa
g
e
Pr
o
j
e
c
t
Ov
e
r
v
i
e
w
–
Hi
s
t
o
r
y
,
Ex
e
c
u
t
i
v
e
Su
m
m
a
r
y
an
d
Lo
c
a
t
i
o
n
A me
n
d
e
d
Pr
o
j
e
c
t
Pl
a
n
A me
n
d
e
d
Fi
n
a
n
c
i
n
g
Pl
a
n
Ex
h
i
b
i
t
A ‐1:
Ma
p
of
th
e
Zo
n
e
Ex
h
i
b
i
t
A ‐2:
Le
g
a
l
Description
Ex
h
i
b
i
t
B:
Fi
n
a
n
c
i
a
l
An
a
l
y
s
i
s
Ex
h
i
b
i
t
C:
Pr
o
p
o
s
e
d
Pr
o
j
e
c
t
Co
s
t
s
Ex
h
i
b
i
t
D:
Li
s
t
i
n
g
of
Pr
o
p
e
r
t
i
e
s
Ex
h
i
b
i
t
E:
Pu
b
l
i
c
No
t
i
c
e
Ex
h
i
b
i
t
F: Town Square
Co
n
c
e
p
t
Plan
Pr
o
j
e
c
t
Ov
e
r
v
i
e
w
History and location of
So
u
t
h
l
a
k
e
TIRZ#1 3
4 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Hi
s
t
o
r
y
In
Ju
n
e
19
9
7
,
th
e
So
u
t
h
l
a
k
e
Ci
t
y
Co
u
n
c
i
l
be
g
a
n
th
e
pr
o
c
e
s
s
of
cr
e
a
t
i
n
g
th
e
Ta
x
In
c
r
e
m
e
n
t
Re
i
n
v
e
s
t
m
e
n
t
Zo
n
e
#1
(T
I
R
Z
#1
)
by
se
t
t
i
n
g
th
e
pu
b
l
i
c
he
a
r
i
n
g
.
In
Se
p
t
e
m
b
e
r
of
19
9
7
,
th
e
Ci
t
y
Co
u
n
c
i
l
pa
s
s
e
d
Or
d
i
n
a
n
c
e
No
.
68
2
es
t
a
b
l
i
s
h
i
n
g
th
e
bo
u
n
d
a
r
i
e
s
an
d
te
r
m
of
th
e
zo
n
e
an
d
cr
e
a
t
i
n
g
a Bo
a
r
d
of
Di
r
e
c
t
o
r
s
.
In
De
c
e
m
be
r
of
19
9
7
,
th
e
Ci
t
y
Co
u
n
c
i
l
ap
p
r
o
v
e
d
th
e
fi
n
a
l
pr
o
j
e
c
t
an
d
fi
n
a
n
c
i
n
g
pl
a
n
.
At
th
a
t
ti
m
e
,
TI
R
Z
#1
in
c
l
u
d
e
d
25
6
ac
r
e
s
an
d
pr
o
j
e
c
t
co
s
t
s
we
r
e
es
t
a
b
l
i
s
h
e
d
at
$2
6
mi
l
l
i
o
n
.
An
t
i
c
i
p
a
t
e
d
pr
o
j
e
c
t
s
in
c
l
u
d
e
d
To
w
n
Ha
l
l
,
as
we
l
l
as
ge
n
e
r
a
l
in
f
r
a
s
t
r
u
c
t
u
r
e
.
In
Oc
t
o
b
e
r
19
9
7
,
Ci
t
y
st
a
f
f
me
t
wi
t
h
st
a
f
f
of
th
e
ov
e
r
l
a
p
p
i
n
g
ta
x
i
n
g
ju
r
i
s
d
i
c
t
i
o
n
s
to
di
s
c
u
s
s
th
e
i
r
pa
r
t
i
c
i
p
a
t
i
o
n
an
d
th
e
pr
e
l
i
m
i
n
a
r
y
pr
o
j
e
c
t
an
d
fi
n
a
n
c
i
n
g
pl
a
n
th
a
t
ha
d
be
e
n
de
v
e
l
o
p
e
d
to
de
l
i
n
e
a
t
e
th
e
pr
o
j
e
c
t
s
an
d
co
s
t
s
of
th
e
zo
n
e
.
Th
e
s
e
ag
r
e
e
m
e
n
t
s
we
r
e
im
p
o
r
t
a
n
t
to
th
e
ul
t
i
m
a
t
e
su
c
c
e
s
s
of
th
e
TI
R
Z
be
c
a
u
s
e
th
e
i
r
pl
e
d
g
e
d
in
c
r
e
m
e
n
t
a
l
pr
o
p
e
rt
y
ta
x
e
s
fl
o
w
e
d
in
t
o
TI
R
Z
#1
to
he
l
p
fu
n
d
th
e
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
.
In
Ja
n
u
a
r
y
19
9
8
,
the City Council
ap
p
r
o
v
e
d
pa
r
t
i
c
i
p
a
t
i
o
n
agreements with
Ta
r
r
a
n
t
Co
u
n
t
y
,
Tarrant County Jr.
Co
l
l
e
g
e
,
an
d
Ta
r
r
a
n
t
County Hospital
Di
s
t
r
i
c
t
.
Al
t
h
o
u
g
h
Carroll ISD had
ex
p
r
e
s
s
e
d
in
t
e
r
e
s
t
in being a part of the
pr
o
j
e
c
t
,
th
e
i
r
pa
r
t
i
c
i
p
a
t
i
o
n
agreement
wi
t
h
th
e
Ci
t
y
of
So
u
t
h
l
a
k
e
was not
ap
p
r
o
v
e
d
un
t
i
l
19
9
9
.
In
Au
g
u
s
t
19
9
9
,
th
e
Reinvestment Zone
Bo
a
r
d
an
d
th
e
Ci
t
y
Council amended the
Pr
o
j
e
c
t
an
d
Fi
n
a
n
c
i
n
g
Plan to provide for
a TI
R
Z
bo
u
n
d
a
r
y
of 408 acres and project
co
s
t
s
of
$1
6
3
.
6
million, to include Town
Ha
l
l
,
ge
n
e
r
a
l
in
f
r
a
s
t
r
u
c
t
u
r
e
,
and school
pr
o
j
e
c
t
s
an
d
op
e
r
a
t
i
o
n
costs. The life of
th
e
zo
n
e
re
m
a
i
n
e
d
20 years.
Cr
e
a
t
e
d
in
19
9
7
an
d
ex
t
e
n
d
e
d
in
20
1
8
fo
r
tw
e
n
t
y
ye
a
r
s
40
8
ac
r
e
s
$1
6
3
.
6
mi
l
l
i
o
n
in
pr
o
j
e
c
t
co
s
t
s
as
pa
r
t
of
th
e
19
9
9
Pr
o
j
e
c
t
an
d
Fi
n
a
n
c
i
n
g
Pl
a
n
$2
5
9
.
6
mi
l
l
i
o
n
in
ne
w
p ro
j
e
c
t
co
s
t
s
id
e
n
t
i
f
i
e
d
in
th
e
20
1
8
Pr
o
j
e
c
t
an
d
Fi
n
a
n
c
i
n
g
Pl
a
n
5 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Hi
s
t
o
r
y
Ba
s
e
d
on
Or
d
i
n
a
n
c
e
No
.
68
2
,
TI
R
Z
#1
wa
s
se
t
to
ex
p
i
r
e
on
De
c
e
m
b
e
r
31
,
20
1
8
.
In
Au
g
u
s
t
20
1
8
,
th
e
TI
R
Z
#1
Bo
a
r
d
an
d
th
e
Ci
t
y
Co
u
n
c
i
l
am
e
n
d
e
d
th
e
Pr
o
j
e
c
t
an
d
Fi
n
a
n
c
i
n
g
Pl
a
n
a se
c
o
n
d
ti
m
e
to
ex
t
e
n
d
th
e
li
f
e
of
th
e
zo
n
e
fo
r
20
ye
a
r
s
.
Th
e
pa
r
t
i
c
i
p
a
t
i
o
n
of
th
e
ov
e
r
l
a
p
p
i
n
g
ta
x
i
n
g
ju
r
i
s
d
i
c
t
i
o
n
s
wa
s
al
s
o
ad
j
u
s
t
e
d
to
re
d
u
c
e
T ar
r
a
n
t
Co
u
n
t
y
,
Ta
r
r
a
n
t
Co
u
n
t
y
Jr
.
Co
l
l
e
g
e
,
an
d
th
e
Ta
r
r
a
n
t
Co
u
n
t
y
Ho
s
p
i
t
a
l
Di
s
t
r
i
c
t
pa
r
t
i
c
i
p
a
t
i
o
n
to
ze
r
o
pe
r
c
e
n
t
.
Th
e
Ci
t
y
of
So
u
t
h
l
a
k
e
’
s
an
d
Ca
r
r
o
l
l
IS
D
’
s
pa
r
t
i
c
i
p
a
t
i
o
n
am
o
u
n
t
s
re
m
a
i
n
e
d
un
c
h
a
n
g
e
d
in
th
e
ex
t
e
n
s
i
o
n
wi
t
h
pa
r
t
i
c
i
p
a
t
i
o
n
at
10
0
%
.
Th
i
s
am
e
n
d
e
d
project and
fi
n
a
n
c
i
n
g
pl
a
n
extends the life
of
th
e
zo
n
e
fo
r
an additional
tw
e
n
t
y
ye
a
r
s
,
adjusts the
pl
a
n
n
e
d
pr
o
j
e
c
t
s
and
as
s
o
c
i
a
t
e
d
co
s
t
s
,
and adjusts
th
e
pa
r
t
i
c
i
p
a
t
i
o
n
of
ov
e
r
l
a
p
p
i
n
g
jurisdictions.
6 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Lo
c
a
t
i
o
n
Th
e
ar
e
a
co
n
s
i
s
t
s
of
ap
p
r
o
x
i
m
a
t
e
l
y
40
8
ac
r
e
s
an
d
is
mo
r
e
fu
l
l
y
de
s
c
r
i
b
e
d
in
th
e
ma
p
an
d
le
g
a
l
de
s
c
r
i
p
t
i
o
n
pr
e
s
e
n
t
e
d
in
Ex
h
i
b
i
t
A.
Am
e
n
d
e
d
Pr
o
j
e
c
t
P
l
a
n
Ex
i
s
t
i
n
g
us
e
s
an
d
co
n
d
i
t
i
o
n
s
of
re
a
l
pr
o
p
e
r
t
y
an
d
pr
o
p
o
s
e
d
i mp
r
o
v
e
m
e
n
t
s
Pr
o
p
o
s
e
d
ch
a
n
g
e
s
of
z on
i
n
g
or
d
i
n
a
n
c
e
s
,
ma
s
t
e
r
p la
n
s
,
bu
i
l
d
i
n
g
bo
d
e
s
an
d
ot
h
e
r
mu
n
i
c
i
p
a
l
or
d
i
n
a
n
c
e
s
Li
s
t
o f estimated non ‐
p roject costs
St
a
t
e
m
e
n
t
of a method of
re
l
o
c
a
t
i
n
g
persons to be
di
s
p
l
a
c
e
d
as a result of
im
p
l
e
m
e
n
t
i
n
g
the plan 7
8 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
P
r
o
j
e
c
t
Pl
a
n
As
se
t
fo
r
t
h
in
Se
c
t
i
o
n
31
1
.
0
1
1
in
th
e
Ta
x
In
c
r
e
m
e
n
t
Fi
n
a
n
c
i
n
g
Act of the Tax
Co
d
e
,
th
e
Pr
o
j
e
c
t
Pl
a
n
fo
r
th
e
Ta
x
In
c
r
e
m
e
n
t
Re
i
n
v
e
s
t
m
e
n
t
Zone Number I,
So
u
t
h
l
a
k
e
,
Te
x
a
s
mu
s
t
in
c
l
u
d
e
th
e
fo
l
l
o
w
i
n
g
el
e
m
e
n
t
s
:
1.
A de
s
c
r
i
p
t
i
o
n
an
d
ma
p
sh
o
w
i
n
g
ex
i
s
t
i
n
g
us
e
s
an
d
co
n
d
i
t
i
o
n
s
of real property in the
zo
n
e
an
d
pr
o
p
o
s
e
d
us
e
s
of
th
a
t
pr
o
p
e
r
t
y
.
2.
Pr
o
p
o
s
e
d
ch
a
n
g
e
s
of
zo
n
i
n
g
or
d
i
n
a
n
c
e
s
,
th
e
ma
s
t
e
r
pl
a
n
of
the municipality,
bu
i
l
d
i
n
g
co
d
e
s
an
d
ot
h
e
r
mu
n
i
c
i
p
a
l
or
d
i
n
a
n
c
e
s
.
3.
A li
s
t
of
es
t
i
m
a
t
e
d
no
n
‐pr
o
j
e
c
t
co
s
t
s
.
4.
A st
a
t
e
m
e
n
t
of
a me
t
h
o
d
of
re
l
o
c
a
t
i
n
g
pe
r
s
o
n
s
to
be
di
s
p
l
a
c
e
d
as a result of
im
p
l
e
m
e
n
t
i
n
g
th
e
pl
a
n
.
9 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
P
r
o
j
e
c
t
Pl
a
n
El
e
m
e
n
t
1
:
A
d
e
s
c
r
i
p
t
i
o
n
a
n
d
m
a
p
s
h
o
w
i
n
g
ex
i
s
t
i
n
g
u
s
e
s
a
n
d
c
o
n
d
i
t
i
o
n
s
o
f
re
a
l
p
r
o
p
e
r
t
y
i
n
t
h
e
z
o
n
e
a
n
d
pr
o
p
o
s
e
d
u
s
e
s
o
f
t
h
a
t
p
r
o
p
e
r
t
y
Th
e
bo
u
n
d
a
r
i
e
s
of
th
e
Ta
x
In
c
r
e
m
e
n
t
Re
i
n
v
e
s
t
m
e
n
t
Zo
n
e
ar
e
sh
o
w
n
in
Ma
p
1.
Ad
d
i
t
i
o
n
a
l
l
y
,
po
r
t
i
o
n
s
of
th
e
TI
F
ar
e
lo
c
a
t
e
d
wi
t
h
i
n
th
e
DF
W
In
t
e
r
n
a
t
i
o
n
a
l
Ai
r
p
o
r
t
65
‘L
D
N
’
an
d
75
'L
D
N
'
no
i
s
e
co
n
t
o
u
r
.
'L
D
N
'
is
th
e
ab
b
r
e
v
i
a
t
i
o
n
fo
r
th
e
av
e
r
a
g
e
da
y
/
n
i
g
h
t
so
u
n
d
le
v
e
l
ca
l
c
u
l
a
t
i
o
n
me
t
h
o
d
o
l
o
g
y
us
e
d
by
ai
r
p
o
r
t
op
e
r
a
t
o
r
s
to
de
t
e
r
m
i
n
e
no
i
s
e
le
v
e
l
s
.
Th
e LD
N
is
sh
o
w
n
in
Ma
p
2.
Si
n
c
e
th
e
cr
e
a
t
i
o
n
of
th
e
zo
n
e
in
19
9
7
,
th
e
ma
j
o
r
i
t
y
of
th
e
la
n
d
ar
e
a
in
th
e
TI
F
ha
s
be
e
n
de
v
e
l
o
p
e
d
.
Ma
p
3 sh
o
w
s
th
e
cu
r
r
e
n
t
us
e
s
wi
t
h
i
n
th
e
TI
R
Z
ar
e
a
.
Th
i
s
is
no
t
an
ex
h
a
u
s
t
i
v
e
di
s
p
l
a
y
,
bu
t
is
in
t
e
n
d
e
d
to
pr
o
v
i
d
e
a fe
e
l
i
n
g
of
th
e
cu
r
r
e
n
t
ar
e
a
an
d
th
e
po
s
s
i
b
i
l
i
t
y
of
ex
p
an
s
i
o
n
.
Th
e
TI
R
Z
ha
s
ex
i
s
t
i
n
g
de
v
e
l
o
p
m
e
n
t
in
c
l
u
d
i
n
g
So
u
t
h
l
a
k
e
To
w
n
Sq
u
a
r
e
(a
t
bu
i
l
d
ou
t
wi
l
l
be
a 13
0
‐ac
r
e
de
v
e
l
o
p
m
e
n
t
wi
t
h
ov
e
r
3
mi
l
l
i
o
n
sq
u
a
r
e
fe
e
t
of
re
t
a
i
l
,
of
f
i
c
e
,
ci
v
i
c
,
pa
r
k
,
an
d
re
s
i
d
e
n
t
i
a
l
us
e
s
)
,
Ca
r
r
o
l
l
IS
D
us
e
s
(G
e
o
r
g
e
Da
w
s
o
n
Mi
d
d
l
e
Sc
h
o
o
l
,
Ol
d
Un
i
o
n
El
e
m
e
n
t
a
r
y
Sc
h
o
o
l
,
an
d
Dr
a
g
o
n
St
a
d
i
u
m
)
,
Kr
o
g
e
r
,
Ho
m
e
De
p
o
t
,
an
d
ot
h
e
r
re
t
a
i
l
,
co
m
m
e
r
c
i
a
l
,
an
d
in
d
u
s
t
r
i
a
l
us
e
s
.
Th
e
de
v
e
l
o
p
m
e
n
t
of the TIF District is as
fo
l
l
o
w
s
:
Ap
p
r
o
x
i
m
a
t
e
l
y
59.48 acres
(1
4
.
5
8
%
)
is
cl
a
s
s
i
f
i
e
d
as having no
im
p
r
o
v
e
m
e
n
t
va
l
u
e
,
approximately 5.35
ac
r
e
s
(1
.
3
1
%
)
is
sh
o
w
n
to have
im
p
r
o
v
e
m
e
n
t
un
d
e
r
$100K, 220.41 acres
(5
4
.
0
2
%
)
is
cl
a
s
s
i
f
i
e
d
as having
im
p
r
o
v
e
m
e
n
t
ov
e
r
$100K, and 122.76
ac
r
e
s
(3
0
.
0
9
%
)
of
the TIF area is within
th
e
Ri
g
h
t
‐of
‐Wa
y
(ROW).
Th
e
Ci
t
y
of
So
u
t
h
l
a
k
e
Land Use Plan
ad
o
p
t
e
d
in
Ju
n
e
2018 designates Medium
De
n
s
i
t
y
Re
s
i
d
e
n
t
i
a
l
,
Public Parks/Open
Sp
a
c
e
,
Pu
b
l
i
c
/S
e
m
i
Public, Town Center,
Re
g
i
o
n
a
l
Re
t
a
i
l
,
and Industrial land uses.
Ma
p
4 sh
o
w
s
th
e
Land Use Plan for the
TI
R
Z
ar
e
a
.
Th
e
cu
r
r
e
n
t
zo
n
i
n
g
districts approved in
th
e
Re
i
n
v
e
s
t
m
e
n
t
Zone are shown in Map
5a
n
d
in
c
l
u
d
e
:
C3
‐General Commercial,
R ‐PU
D
‐
Re
s
i
d
e
n
t
i
a
l
Planned Unit
De
v
e
l
o
p
m
e
n
t
,
AG
‐Agricultural, SF20B ‐
Si
n
g
l
e
Fa
m
i
l
y
Re
s
i
d
e
n
t
i
a
l
,
CS ‐
Co
m
m
u
n
i
t
y
Se
r
v
i
c
e
,
DT – Downtown
Di
s
t
r
i
c
t
,
I ‐1 –L
i
g
h
t
Industrial District, and
S ‐P ‐1 –
D
e
t
a
i
l
e
d
Site Plan District.
TI
R
Z
#1
Ma
p
s
lo
c
a
t
e
d
on
th
e
fo
l
l
o
w
i
n
g
pa
g
e
s:
•
Ma
p
1:
Bo
u
n
d
a
r
i
e
s
of
th
e
Re
i
n
v
e
s
t
m
e
n
t
Zo
n
e
•
Ma
p
2:
Ai
r
p
o
r
t
No
i
s
e
Ov
e
r
l
a
y
‘L
D
N
’
•
Ma
p
3:
Cu
r
r
e
n
t
Us
e
s
an
d
Co
n
d
i
t
i
o
n
s
of
Re
a
l
Pr
o
p
e
r
t
y
in
TI
R
Z
#1
•
Ma
p
4:
TI
R
Z
#1
La
n
d
Us
e
•
Ma
p
5:
TI
R
Z
#1
Zo
n
i
n
g
10 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ma
p
1
:
Bo
u
n
d
a
r
i
e
s
o
f
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
11 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ma
p
2
:
Ai
r
p
o
r
t
N
o
i
s
e
Ov
e
r
l
a
y
12 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ma
p
3
:
Cu
r
r
e
n
t
U
s
e
s
a
n
d
Co
n
d
i
t
i
o
n
s
o
f
R
e
a
l
Pr
o
p
e
r
t
y
i
n
T
I
R
Z
#
1
13 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ma
p
4
:
TI
R
Z
#
1
L
a
n
d
U
s
e
14 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ma
p
5
:
TI
R
Z
#
1
Z
o
n
i
n
g
15 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
P
r
o
j
e
c
t
Pl
a
n
El
e
m
e
n
t
2
:
Pr
o
p
o
s
e
d
c
h
a
n
g
e
s
o
f
z
o
n
i
n
g
or
d
i
n
a
n
c
e
s
,
t
h
e
m
a
s
t
e
r
p
l
a
n
o
f
t
h
e
mu
n
i
c
i
p
a
l
i
t
y
,
b
u
i
l
d
i
n
g
c
o
d
e
s
a
n
d
ot
h
e
r
m
u
n
i
c
i
p
a
l
o
r
d
i
n
a
n
c
e
s
El
e
m
e
n
t
3
:
A
l
i
s
t
o
f
e
s
t
i
m
a
t
e
d
n
o
n
-
p
r
o
j
e
c
t
co
s
t
s
No
ch
a
n
g
e
s
ar
e
an
t
i
c
i
p
a
t
e
d
to
an
y
ci
t
y
co
d
e
s
or
or
d
i
n
a
n
c
e
s
by
th
e
ex
t
e
n
s
i
o
n
of
th
e
Ta
x
In
c
r
e
m
e
n
t
Fi
n
a
n
c
e
Zo
n
e
.
Th
i
s
do
e
s
no
t
pr
e
c
l
u
d
e
,
ho
w
e
v
e
r
,
th
e
po
s
s
i
b
i
l
i
t
y
of
pl
a
n
n
i
n
g
an
d
zo
n
i
n
g
ch
a
n
g
e
s
su
b
j
e
c
t
to
th
e
st
a
n
d
a
r
d
pl
a
n
n
i
n
g
an
d
zo
n
i
n
g
pr
o
c
e
s
s
an
d
pr
o
c
e
d
u
r
e
s
.
No
n
‐pr
o
j
e
c
t
co
s
t
s
wi
t
h
i
n
th
e
TI
R
Z
zo
n
e
ar
e
th
o
s
e
de
v
e
l
o
p
m
e
n
t
co
s
t
s
no
t
pa
i
d
fo
r
by
th
e
TI
R
Z
.
Th
e
s
e
wi
l
l in
c
l
u
d
e
,
bu
t
ar
e
no
t
li
m
i
t
e
d
to
,
$4
0
0
mi
l
l
i
o
n
in
im
p
r
o
v
e
m
e
n
t
co
s
t
s
fo
r
th
e
So
u
t
h
l
a
k
e
To
w
n
Sq
u
a
r
e
,
wh
i
c
h
co
m
p
r
i
s
e
s
14
0
ac
r
e
s
or
ne
a
r
l
y
on
e
th
i
r
d
of
th
e
to
t
a
l
la
n
d
ar
e
a
of
th
e
Ta
x
In
c
r
e
m
e
n
t
Re
i
n
v
e
s
t
m
e
n
t
Zo
n
e
.
Th
i
s
pr
o
v
i
d
e
s
a co
n
s
e
r
v
a
t
i
v
e
pr
o
j
e
c
t
i
o
n
of
as
s
e
s
s
e
d
va
l
u
e
gr
o
w
t
h
an
d
th
e
po
t
e
n
t
i
a
l
fu
n
d
s
av
a
i
l
ab
l
e
fo
r
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
.
No
in
f
o
r
m
a
t
i
o
n
is
av
a
i
l
a
b
l
e
at
th
i
s
ti
m
e
on
th
e
po
t
e
n
t
i
a
l
va
l
u
e
of
pr
o
j
e
c
t
s
ar
i
s
i
n
g
fr
o
m
th
e
ot
h
e
r
no
n
‐de
v
e
l
o
p
e
d
pr
o
p
e
r
t
y
or
fr
o
m
th
e
va
l
u
e
of
ex
p
a
n
d
i
n
g
us
e
s
cu
r
r
e
n
t
l
y
wi
t
h
i
n
th
e
TI
R
Z
.
In
th
e
pr
o
c
e
s
s
of
de
v
e
l
o
p
i
n
g
Southlake
Ta
x
In
c
r
e
m
e
n
t
Re
i
n
v
e
s
t
m
e
n
t
Zone
Nu
m
b
e
r
On
e
,
it
ma
y
be necessary to
re
l
o
c
a
t
e
in
d
i
v
id
u
a
l
s
and businesses. In the
ev
e
n
t
th
a
t
th
i
s
is
re
q
u
i
r
e
d
,
the City will
fo
l
l
o
w
th
e
pr
o
c
e
d
u
r
e
s
that would be used
in
th
e
de
v
e
l
o
p
m
e
n
t
or construction of
ot
h
e
r
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
outside the
zo
n
e
.
16 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
P
r
o
j
e
c
t
Pl
a
n
El
e
m
e
n
t
4
:
A
s
t
a
t
e
m
e
n
t
o
f
a
m
e
t
h
o
d
o
f
re
l
o
c
a
t
i
n
g
p
e
r
s
o
n
s
t
o
b
e
di
s
p
l
a
c
e
d
a
s
a
r
e
s
u
l
t
o
f
im
p
l
e
m
e
n
t
i
n
g
t
h
e
p
l
a
n
.
In
th
e
pr
o
c
e
s
s
of
de
v
e
l
o
p
i
n
g
So
u
t
h
l
a
k
e
Ta
x
In
c
r
e
m
e
n
t
Re
i
n
v
e
s
t
m
e
n
t
Zone Number One,
it
ma
y
be
ne
c
e
s
s
a
r
y
to
re
l
o
c
a
t
e
in
d
i
v
i
d
u
a
l
s
an
d
bu
s
i
n
e
s
s
e
s
.
In
th
e
event that this is
re
q
u
i
r
e
d
,
th
e
Ci
t
y
wi
l
l
fo
l
l
o
w
th
e
pr
o
c
e
d
u
r
e
s
th
a
t
wo
u
l
d
be
us
e
d
in the development or
co
n
s
t
r
u
c
t
i
o
n
of
ot
h
e
r
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
ou
t
s
i
d
e
th
e
zo
n
e
.
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
Pl
a
n
Es
t
i
m
a
t
e
d
pr
o
j
e
c
t
co
s
t
s
of
th
e
Zo
n
e
,
in
c
l
u
d
i
n
g
ad
m
i
n
i
s
t
r
a
t
i
v
e
ex
p
e
n
s
e
s
A st
a
t
e
m
e
n
t
li
s
t
i
n
g
th
e
ki
n
d
,
nu
m
b
e
r
,
an
d
lo
c
a
t
i
o
n
of
al
l
pr
o
p
o
s
e
d
pu
b
l
i
c
wo
r
k
s
or
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
in
th
e
zo
n
e
Ec
o
n
o
m
i
c
Fe
a
s
i
b
i
l
i
t
y
St
u
d
y
Th
e
es
t
i
m
a
t
e
d
am
o
u
n
t
of
bo
n
d
e
d
in
d
e
b
t
e
d
n
e
s
s
to
b e
in
c
u
r
r
e
d
Th
e
ti
m
e
wh
e
n
re
l
a
t
e
d
co
s
t
s
or
mo
n
e
t
a
r
y
ob
l
i
g
a
t
i
o
n
s
ar
e
to
be
in
c
u
r
r
e
d
A de
s
c
r
i
p
t
i
o
n
of
th
e
me
t
h
o
d
s
of
fi
n
a
n
c
i
n
g
al
l
es
t
i
m
a
t
e
d
pr
o
j
e
c
t
co
s
t
s
an
d
th
e
ex
p
e
c
t
e
d
so
u
r
c
e
s
of
re
v
e
n
u
e
to
fi
n
a
n
c
e
or
p ay
pr
o
j
e
c
t
co
s
t
s
,
in
c
l
u
d
i
n
g
th
e
pe
r
c
e
n
t
a
g
e
of
ta
x
in
c
r
e
m
e
n
t
to
be
de
r
i
v
e
d
f ro
m
th
e
pr
o
p
e
r
t
y
ta
x
e
s
o f
ea
c
h
ta
x
i
n
g
un
i
t
on
re
a
l
p ro
p
e
r
t
y
in
th
e
zo
n
e
The current total appraised value of taxable real property in the zone The estimated captured appraised value of the zone during each year of its existence.The duration of the zone 17
18 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
Th
e
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
Pl
a
n
pr
o
v
i
d
e
s
in
f
o
r
m
a
t
i
o
n
on
th
e
pr
o
j
e
c
t
e
d
mo
n
e
t
a
r
y
im
p
a
c
t
th
a
t
th
e
ex
t
e
n
s
i
o
n
of
th
e
TI
R
Z
co
u
l
d
ha
v
e
on
th
e
pr
o
p
e
r
t
y
de
s
c
r
i
b
e
d
in
Ex
h
i
b
i
t
A.
It
al
s
o
de
s
c
r
i
b
e
s
ho
w
th
a
t
im
p
a
c
t
wi
l
l
be
ut
i
l
i
z
e
d
to
en
h
a
n
c
e
th
e
ar
e
a
an
d
re
g
i
o
n
th
r
o
u
g
h
le
v
e
r
a
g
i
n
g
th
e
re
s
o
u
r
c
e
s
of
ea
c
h
en
t
i
t
y
wh
o
pa
r
t
i
c
i
p
a
t
e
s
in
th
e
pr
o
j
e
c
t
.
Wi
t
h
th
i
s
am
e
n
d
m
e
n
t
,
th
e
Ci
t
y
of
So
u
t
h
l
a
k
e
an
d
Ca
r
r
o
l
l
In
d
e
p
e
n
d
e
n
t
Sc
h
o
o
l
Di
s
t
r
i
c
t
ar
e
sh
o
w
n
as
pa
r
t
i
c
i
p
a
t
i
n
g
at
10
0
%
,
me
a
n
i
n
g
th
a
t
10
0
%
of
th
e
in
c
r
e
m
e
n
t
ge
n
e
r
a
t
e
d
fr
o
m
th
e
s
e
en
t
i
t
i
e
s
wi
l
l
fl
o
w
in
t
o
th
e
fu
n
d
.
Th
e
s
e
re
v
e
n
u
e
s
wi
l
l
be
us
e
d
to
fu
n
d
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
wi
t
h
i
n
th
e
zo
n
e
as
de
s
c
r
i
b
e
d
be
g
i
n
n
i
n
g
on
pa
g
e
21
of
th
i
s
pl
a
n
an
d
in
c
l
ud
e
d
as
Ex
h
i
b
i
t
C.
Up
o
n
ap
p
r
o
v
a
l
of
the amended project
pl
a
n
an
d
fi
n
a
n
c
i
n
g
plan, an updated
pa
r
t
i
c
i
p
a
t
i
o
n
ag
r
e
e
m
e
n
t
between the
Ca
r
r
o
l
l
In
d
e
p
e
n
d
e
n
t
School District and
th
e
Ci
t
y
wi
l
l
be
in
c
o
r
p
o
r
a
t
e
d
into this plan.
Th
e
Ta
x
In
c
r
e
m
e
n
t
Reinvestment Zone
A na
l
y
s
i
s
,
pr
e
p
a
r
e
d
by Hilltop Securities,
In
c
.
is
in
c
l
u
d
e
d
in
its entirety in Exhibit
B.
19 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
•
Ac
q
u
i
s
i
t
i
o
n
an
d
co
n
s
t
r
u
c
t
i
o
n
of
pu
b
l
i
c
wo
r
k
s
,
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
,
ne
w
bu
i
l
d
i
n
g
s
,
st
r
u
c
t
u
r
e
s
an
d
fi
x
t
u
r
e
s
;
th
e
ac
t
u
a
l
co
s
t
s
of
th
e
ac
q
u
i
s
i
t
i
o
n
,
de
m
o
l
i
t
i
o
n
,
al
t
e
r
a
t
i
o
n
,
re
m
o
d
e
l
i
n
g
,
re
p
a
i
r
,
or
re
c
o
n
s
t
r
u
c
t
i
o
n
of
ex
i
s
t
i
n
g
bu
i
l
d
i
n
g
s
,
st
r
u
c
t
u
r
e
s
,
an
d
fi
x
t
u
r
e
s
;
an
d
th
e
ac
t
u
a
l
co
s
t
s
of
th
e
ac
q
u
i
s
i
t
i
o
n
of
la
n
d
an
d
eq
u
i
p
m
e
n
t
an
d
th
e
cl
e
a
r
i
n
g
an
d
gr
a
d
i
n
g
of
la
n
d
;
•
Fi
n
a
n
c
i
n
g
co
s
t
s
,
in
c
l
u
d
i
n
g
al
l
in
t
e
r
e
s
t
pa
i
d
to
ho
l
d
e
r
s
of
ev
i
d
e
n
c
e
s
of
in
d
e
b
t
e
d
n
e
s
s
or
ot
h
e
r
ob
l
i
g
a
t
i
o
n
s
is
s
u
e
d
to
pa
y
fo
r
pr
o
j
e
c
t
co
s
t
s
an
d
an
y
pr
e
m
i
u
m
pa
i
d
ov
e
r
th
e
pr
i
n
c
i
p
a
l
am
o
u
n
t
of
th
e
ob
l
i
g
a
t
i
o
n
s
be
c
a
u
s
e
of
th
e
re
d
e
m
p
t
i
o
n
of
th
e
ob
l
i
g
a
t
i
o
n
s
be
f
o
r
e
ma
t
u
r
i
t
y
;
•
Re
a
l
pr
o
p
e
r
t
y
as
s
e
m
b
l
y
co
s
t
s
;
•
Pr
o
f
e
s
s
i
o
n
a
l
se
r
v
i
c
e
co
s
t
s
,
in
c
l
u
d
i
n
g
th
o
s
e
in
c
u
r
r
e
d
fo
r
ar
c
h
i
t
e
c
t
u
r
a
l
,
pl
a
n
n
i
n
g
,
en
g
i
n
e
e
r
i
n
g
,
an
d
le
g
a
l
ad
v
i
c
e
an
d
se
r
v
i
c
e
s
;
im
p
u
t
e
d
ad
m
i
n
i
s
t
r
a
t
i
v
e
co
s
t
s
,
in
c
l
u
d
i
n
g
re
a
s
o
n
a
b
l
e
ch
a
r
g
e
s
fo
r
th
e
ti
m
e
sp
e
n
t
by
em
p
l
o
y
e
e
s
of
th
e
mu
n
i
c
i
p
a
l
i
t
y
in
co
n
n
e
c
t
i
o
n
wi
t
h
th
e
im
p
l
e
m
e
n
t
a
t
i
o
n
of
th
e
pr
o
j
e
c
t
pl
a
n
;
•
Re
l
o
c
a
t
i
o
n
co
s
t
s
;
•
Or
g
a
n
i
z
a
t
i
o
n
a
l
costs, including the
co
s
t
s
of
co
n
d
u
c
t
i
n
g
environmental
im
p
a
c
t
st
u
d
i
e
s
or other studies, the
co
s
t
of
pu
b
l
i
c
i
z
i
n
g
the creation of
th
e
zo
n
e
,
an
d
the cost of
im
p
l
e
m
e
n
t
i
n
g
the project plan for
th
e
zo
n
e
;
•
In
t
e
r
e
s
t
be
f
o
r
e
and during
co
n
s
t
r
u
c
t
i
o
n
and for one year after
co
m
p
l
e
t
i
o
n
of construction,
wh
e
t
h
e
r
or
no
t
capitalized;
•
Th
e
co
s
t
of
op
e
r
a
t
i
n
g
the
re
i
n
v
e
s
t
m
e
n
t
zone and project
fa
c
i
l
i
t
i
e
s
;
•
Th
e
am
o
u
n
t
of any contributions
ma
d
e
by
th
e
municipality from
ge
n
e
r
a
l
re
v
e
n
u
e
for the
im
p
l
e
m
e
n
t
a
t
i
o
n
of the project plan;
an
d
•
Pa
y
m
e
n
t
s
ma
d
e
at the discretion of
th
e
go
v
e
r
n
i
n
g
body of the
mu
n
i
c
i
p
a
l
i
t
y
that the municipality
fi
n
d
s
ne
c
e
s
s
a
r
y
or convenient to the
cr
e
a
t
i
o
n
of
th
e
zone or to the
im
p
l
e
m
e
n
t
a
t
i
o
n
of the project plans
fo
r
th
e
zo
n
e
.
Th
e
al
l
o
w
a
b
l
e
"p
r
o
j
e
c
t
co
s
t
s
"
by
th
e
mu
n
i
c
i
p
a
l
i
t
y
es
t
a
b
l
i
s
h
i
n
g
a re
i
n
v
e
s
t
m
e
n
t
zo
n
e
,
as
se
t
fo
r
t
h
in
Se
c
t
i
o
n
31
1
.
0
1
1
in
th
e
TI
F
Ta
x
co
d
e
,
ar
e
as
sh
o
w
n
on
th
i
s
pa
g
e
.
Th
e
sp
e
c
i
f
i
c
pr
o
j
e
c
t
s
an
t
i
c
i
p
a
t
e
d
to
be
un
d
e
r
t
a
k
e
n
in
th
e
So
u
t
h
l
a
k
e
TI
R
Z
#1
ar
e
in
c
l
u
d
e
d
as
Ex
h
i
b
i
t
C.
20 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
As
se
t
fo
r
t
h
in
Se
c
t
i
o
n
31
1
.
0
1
1
in
th
e
Ta
x
In
c
r
e
m
e
n
t
Fi
n
a
n
c
i
n
g
Act of the Tax
Co
d
e
,
th
e
Fi
n
a
n
c
i
n
g
Pl
a
n
fo
r
th
e
So
u
t
h
l
a
k
e
,
Te
x
a
s
Re
i
n
v
e
s
t
m
e
n
t
Zone Number
On
e
mu
s
t
in
c
l
u
d
e
th
e
fo
l
l
o
w
i
n
g
el
e
m
e
n
t
s
:
1.
Es
t
i
m
a
t
e
d
Pr
o
j
e
c
t
Co
s
t
s
of
th
e
Zo
n
e
,
in
c
l
u
d
i
n
g
ad
m
i
n
i
s
t
r
a
t
i
v
e
expenses,
2.
A st
a
t
e
m
e
n
t
li
s
t
i
n
g
th
e
ki
n
d
,
nu
m
b
e
r
an
d
lo
c
a
t
i
o
n
of
al
l
pr
o
p
o
s
e
d
public works or
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
in
th
e
zo
n
e
,
3.
Ec
o
n
o
m
i
c
Fe
a
s
i
b
i
l
i
t
y
St
u
d
y
,
4.
Th
e
es
t
i
m
a
t
e
d
am
o
u
n
t
of
bo
n
d
e
d
in
d
e
b
t
e
d
n
e
s
s
to
be
in
c
u
r
r
e
d
,
5.
Th
e
ti
m
e
wh
e
n
re
l
a
t
e
d
co
s
t
s
or
mo
n
e
t
a
r
y
ob
l
i
g
a
t
i
o
n
s
ar
e
to
be incu rred,
6.
A de
s
c
r
i
p
t
i
o
n
of
th
e
me
t
h
o
d
s
of
fi
n
a
n
c
i
n
g
al
l
es
t
i
m
a
t
e
d
pr
o
j
e
c
t
costs and the
ex
p
e
c
t
e
d
so
u
r
c
e
s
of
re
v
e
n
u
e
to
fi
n
a
n
c
e
or
pa
y
pr
o
j
e
c
t
co
s
t
s
,
in
c
l
u
d
i
n
g
the percentage of
ta
x
in
c
r
e
m
e
n
t
to
be
de
r
i
v
e
d
fr
o
m
th
e
pr
o
p
e
r
t
y
ta
x
e
s
of
ea
c
h
ta
x
i
n
g
unit on real property
in
th
e
zo
n
e
,
7.
Th
e
cu
r
r
e
n
t
to
t
a
l
ap
p
r
a
i
s
e
d
va
l
u
e
of
ta
x
a
b
le
re
a
l
pr
o
p
e
r
t
y
in
th
e
zone,
8.
Th
e
es
t
i
m
a
t
e
d
ca
p
t
u
r
e
d
ap
p
r
a
i
s
e
d
va
l
u
e
of
th
e
zo
n
e
du
r
i
n
g
ea
c
h
year of its existence;
an
d
,
9.
Th
e
du
r
a
t
i
o
n
of
th
e
zo
n
e
.
Th
e
fo
l
l
o
w
i
n
g
pa
g
e
s
provide details
re
g
a
r
d
i
n
g
th
e
s
e
re
q
u
i
r
e
m
e
n
t
s
for the
TI
R
Z
#1 Am
e
n
d
e
d
Financing Plan.
21 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
1
:
Es
t
i
m
a
t
e
d
P
r
o
j
e
c
t
C
o
s
t
s
o
f
t
h
e
Zo
n
e
,
i
n
c
l
u
d
i
n
g
a
d
m
i
n
i
s
t
r
a
t
i
v
e
ex
p
e
n
s
e
s
El
e
m
e
n
t
2
:
A
s
t
a
t
e
m
e
n
t
l
i
s
t
i
n
g
t
h
e
k
i
n
d
,
nu
m
b
e
r
a
n
d
l
o
c
a
t
i
o
n
o
f
a
l
l
pr
o
p
o
s
e
d
p
u
b
l
i
c
w
o
r
k
s
o
r
p
u
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
i
n
t
h
e
z
o
n
e
To
t
a
l
pr
o
j
e
c
t
co
s
t
s
ar
e
es
t
i
m
a
t
e
d
at
ap
p
r
o
x
i
m
a
t
e
l
y
$2
5
9
,
6
4
7
,
8
6
6
.
Sp
e
c
i
f
i
c
pr
o
j
e
c
t
co
s
t
es
t
i
m
a
t
e
s
ar
e
in
c
l
u
d
e
d
in
Ex
h
i
b
i
t
C.
Th
e
pr
o
p
o
s
e
d
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
in
th
e
zo
n
e
fa
l
l
in
t
o
fi
v
e
ge
n
e
r
a
l
ca
t
e
g
o
r
i
e
s
:
•
pu
b
l
i
c
bu
i
l
d
i
n
g
s
an
d
fa
c
i
l
i
t
i
e
s
,
•
pu
b
l
i
c
pa
r
k
s
,
•
ge
n
e
r
a
l
in
f
r
a
s
t
r
u
c
t
u
r
e
,
•
te
c
h
n
o
l
o
g
y
in
f
r
a
s
t
r
u
c
t
u
r
e
;
an
d
,
•
op
e
r
a
t
i
o
n
s
an
d
ma
i
n
t
e
n
a
n
c
e
.
In
ad
d
i
t
i
o
n
,
th
e
TI
F
wi
l
l
pa
y
a po
r
t
i
o
n
of
pr
o
j
e
c
t
co
s
t
s
an
d
op
e
r
a
t
i
o
n
s
fo
r
th
e
Ca
r
r
o
l
l
In
d
e
p
e
n
d
e
n
t
Sc
h
o
o
l
Di
s
t
r
i
c
t
's
ed
u
c
a
t
i
o
n
a
l
fa
c
i
l
i
t
i
e
s
li
s
t
e
d
in
Ex
h
i
b
i
t
C of
th
e
pr
o
j
e
c
t
pl
a
n
,
wh
i
c
h
ar
e
lo
c
a
t
e
d
in
th
e
TI
R
Z
bo
u
n
d
a
r
i
e
s
.
Th
e
pa
r
t
i
c
i
p
a
t
i
o
n
agreement between the
Ci
t
y
of
So
u
t
h
l
a
k
e
and the Carroll
In
d
e
p
e
n
d
e
n
t
Sc
h
o
o
l
District details the
Sc
h
o
o
l
Di
s
t
r
i
c
t
'
s
le
v
e
l
of pa rticipation in
th
e
TI
F
.
Th
e
co
s
t
s
of
ea
c
h
item and a brief
de
s
c
r
i
p
t
i
o
n
of
th
e
project components
ar
e
in
c
l
u
d
e
d
on
the following pages.
22 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
1
:
Es
t
i
m
a
t
e
d
P
r
o
j
e
c
t
C
o
s
t
s
o
f
t
h
e
Zo
n
e
,
i
n
c
l
u
d
i
n
g
a
d
m
i
n
i
s
t
r
a
t
i
v
e
ex
p
e
n
s
e
s
El
e
m
e
n
t
2
:
A
s
t
a
t
e
m
e
n
t
l
i
s
t
i
n
g
t
h
e
k
i
n
d
,
nu
m
b
e
r
a
n
d
l
o
c
a
t
i
o
n
o
f
a
l
l
pr
o
p
o
s
e
d
p
u
b
l
i
c
w
o
r
k
s
o
r
p
u
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
i
n
t
h
e
z
o
n
e
Pa
r
k
i
n
g
Fa
c
i
l
i
t
i
e
s
$6
,
0
0
0
,
0
0
0
Pu
b
l
i
c
pa
r
k
i
n
g
fa
c
i
l
i
t
i
e
s
pr
o
v
i
d
e
pa
r
k
i
n
g
fo
r
th
e
To
w
n
Sq
u
a
r
e
de
v
e
l
o
p
m
e
n
t
an
d
co
u
l
d
pr
o
v
i
d
e
th
e
TI
F
an
op
t
i
o
n
a
l
re
v
e
n
u
e
so
u
r
c
e
by
ma
i
n
t
a
i
n
i
n
g
th
e
ri
g
h
t
to
ch
a
r
g
e
pa
r
k
i
n
g
fe
e
s
.
Ed
u
c
a
t
i
o
n
a
l
Fa
c
i
l
i
t
i
e
s
‐
Ca
p
i
t
a
l
&
Op
e
r
a
t
i
o
n
a
l
Sc
h
o
o
l
Im
p
r
o
v
e
m
e
n
t
Pr
o
j
e
c
t
$1
7
5
,
9
0
8
,
0
2
2
CI
S
D
TI
R
Z
co
n
t
r
i
b
u
t
i
o
n
s
wi
l
l
be
ex
p
e
n
d
e
d
on
in
f
r
a
s
t
r
u
c
t
u
r
e
an
d
ma
i
n
t
e
n
a
n
c
e
/
op
e
r
a
t
i
o
n
s
co
s
t
s
re
l
a
t
e
d
to
CI
S
D
fa
c
i
l
i
ti
e
s
wi
t
h
i
n
th
e
TI
R
Z
bo
u
n
d
a
r
y
.
As
pa
r
t
of
th
e
TI
R
Z
,
th
e
CI
S
D
wi
l
l
be
pa
i
d
a po
r
t
i
o
n
of
pr
o
j
e
c
t
co
s
t
s
an
d
op
e
r
a
t
i
o
n
s
fo
r
th
e
ed
u
c
a
t
i
o
n
a
l
fa
c
i
l
i
t
i
e
s
de
s
c
r
i
b
e
d
Ex
h
i
b
i
t
C.
Th
e
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
in
c
l
u
d
e
a Mi
d
d
l
e
Sc
h
o
o
l
,
In
t
e
r
m
e
d
i
a
t
e
Sc
h
o
o
l
,
El
e
m
e
n
t
a
r
y
Sc
h
o
o
l
,
Tr
a
n
s
p
o
r
t
a
t
i
o
n
Fa
c
i
l
i
t
y
,
an
d
Mu
l
t
i
p
u
r
p
o
s
e
St
a
d
i
u
m
.
Th
e
s
e
si
t
e
s
be
n
e
f
i
t
th
e
co
m
m
u
n
i
t
y
by
at
t
r
a
c
t
in
g
in
d
i
v
i
d
u
a
l
s
an
d
bu
s
i
n
e
s
s
e
s
de
s
i
r
i
n
g
to
re
l
o
c
a
t
e
to
th
e
ar
e
a
wi
t
h
an
ex
e
m
p
l
a
r
y
sc
h
o
o
l
sy
s
t
e
m
wh
i
c
h
pr
o
v
i
d
e
s
qu
a
l
i
t
y
ac
a
d
e
m
i
c
an
d
at
h
l
e
t
i
c
fa
c
i
l
i
t
i
e
s
.
Pu
b
l
i
c
Bu
i
l
d
i
n
g
s
an
d
Fa
c
i
l
i
t
i
e
s
Pe
d
e
s
t
r
i
a
n
Co
n
n
e
c
t
i
v
i
t
y
$5
,
0
0
0
,
0
0
0
Th
e
So
u
t
h
l
a
k
e
20
3
0
Parks, Recreation,
Op
e
n
Sp
a
c
e
,
an
d
Community Facilities
Ma
s
t
e
r
Pl
a
n
in
c
l
u
d
e
s
a recommendation
to
ev
a
l
u
a
t
e
th
e
fe
a
s
i
b
i
l
i
t
y
of a pedestrian
br
i
d
g
e
ac
r
o
s
s
FM
1709 from Rustin Park
(l
o
c
a
t
e
d
in
To
w
n
Square within the TIRZ
#1
bo
u
n
d
a
r
y
)
to
Central Park. This plan
in
c
l
u
d
e
s
fu
n
d
i
n
g
for improvements
ne
c
e
s
s
a
r
y
to
th
e
area within the Zone in
or
d
e
r
to
cr
e
a
t
e
th
i
s
pedestrian
co
n
n
e
c
t
i
o
n
.
Vi
s
i
t
o
r
Am
e
n
i
t
y
Center
$2
,
0
0
0
,
0
0
0
Th
e
So
u
t
h
l
a
ke
20
3
5
Tourism Master Plan
in
c
l
u
d
e
s
a re
c
o
m
m
e
n
d
a
t
i
o
n
to assess and
de
v
e
l
o
p
a st
r
a
t
e
g
y
for a visitor services
ce
n
t
e
r
th
a
t
co
u
l
d
offer serviceable
am
e
n
i
t
i
e
s
fo
r
gu
e
s
t
s
.
The center could
ha
v
e
si
n
g
l
e
or
sa
t
e
l
l
i
t
e
locations and could
al
s
o
in
c
l
u
de
am
e
n
i
t
i
e
s
such as public
re
s
t
r
o
o
m
s
an
d
se
r
v
e
as a type of “visitor
co
n
c
i
e
r
g
e
.
”
Th
i
s
plan includes funding for
fu
t
u
r
e
de
v
e
l
o
p
m
e
n
t
of a center in
So
u
t
h
l
a
k
e
To
w
n
Square.
23 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
1
:
Es
t
i
m
a
t
e
d
P
r
o
j
e
c
t
C
o
s
t
s
o
f
t
h
e
Zo
n
e
,
i
n
c
l
u
d
i
n
g
a
d
m
i
n
i
s
t
r
a
t
i
v
e
ex
p
e
n
s
e
s
El
e
m
e
n
t
2
:
A
s
t
a
t
e
m
e
n
t
l
i
s
t
i
n
g
t
h
e
k
i
n
d
,
nu
m
b
e
r
a
n
d
l
o
c
a
t
i
o
n
o
f
a
l
l
pr
o
p
o
s
e
d
p
u
b
l
i
c
w
o
r
k
s
o
r
p
u
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
i
n
t
h
e
z
o
n
e
$7
,
4
0
0
,
7
2
6
Th
e
TI
R
Z
pr
o
j
e
c
t
pl
a
n
in
c
l
u
d
e
s
co
s
t
s
as
s
o
c
i
a
t
e
d
wi
t
h
de
v
e
l
o
p
m
e
n
t
of
ne
w
pa
r
k
s
an
d
im
p
r
o
v
e
m
e
n
t
s
an
d
en
h
a
n
c
e
m
e
n
t
s
fo
r
ex
i
s
t
i
n
g
pu
b
l
i
c
pa
r
k
s
wi
t
h
i
n
th
e
To
w
n
Sq
u
a
r
e
de
v
e
l
o
p
m
e
n
t
in
c
l
u
d
i
n
g
th
e
pl
a
n
n
e
d
im
p
r
o
v
e
m
e
n
t
s
to
Mc
P
h
e
r
s
o
n
Pa
r
k
,
re
c
e
n
t
l
y
ad
o
p
t
e
d
as
pa
r
t
of
th
e
So
u
t
h
l
a
k
e
20
3
0
Pa
r
k
s
,
Re
c
r
e
a
t
i
o
n
,
Op
e
n
Sp
a
c
e
,
an
d
Co
m
m
u
n
i
t
y
Fa
c
i
l
i
t
i
e
s
Ma
s
t
e
r
Pl
a
n
.
Th
e
s
e
co
s
t
s
in
c
l
u
de
la
n
d
ac
q
u
i
s
i
t
i
o
n
,
st
r
u
c
t
u
r
e
s
,
ha
r
d
s
c
a
p
e
,
la
n
d
s
c
a
p
i
n
g
,
an
d
tr
a
i
l
s
.
Te
c
h
n
o
l
o
g
y
In
f
r
a
s
t
r
u
c
t
u
r
e
$2
,
6
2
8
,
2
8
3
Th
e
TI
R
Z
pr
o
j
e
c
t
pl
a
n
in
c
l
u
d
e
s
co
s
t
s
as
s
o
c
i
a
t
e
d
wi
t
h
th
e
pr
o
v
i
s
i
o
n
of
te
c
h
n
o
l
o
g
y
in
f
r
a
s
t
r
u
c
t
u
r
e
wi
t
h
i
n
th
e
zo
n
e
.
Th
e
s
e
in
c
l
u
d
e
in
s
t
a
l
l
a
t
i
o
n
of
pu
b
l
i
c
Wi
‐Fi
sy
s
t
e
m
s
an
d
su
p
p
o
r
t
i
v
e
in
f
r
a
s
t
r
u
c
t
u
r
e
,
as
we
l
l
as
eq
u
i
p
m
e
n
t
an
d
ma
t
e
r
i
a
l
s
ne
c
e
s
s
a
r
y
to
pr
o
v
i
d
e
se
c
u
r
i
t
y
ca
m
e
r
a
co
v
e
r
a
g
e
wi
t
h
i
n
So
u
t
h
l
a
k
e
To
w
n
Sq
u
a
r
e
.
$1
4
,
4
4
4
,
0
0
0
Th
e
pu
b
l
i
c
im
p
r
o
v
e
m
e
n
t
projects include
st
r
e
e
t
s
,
wa
t
e
r
,
sa
n
i
t
a
ry sewer, and storm
wa
t
e
r
dr
a
i
n
a
g
e
sy
s
t
e
m
s
.
The project plan
se
p
a
r
a
t
e
s
th
e
ge
n
e
r
a
l
infrastructure into
tw
o
ca
t
e
g
o
r
i
e
s
de
s
i
g
n
a
t
e
d
as General
In
f
r
a
s
t
r
u
c
t
u
r
e
an
d
Educational
In
f
r
a
s
t
r
u
c
t
u
r
e
.
Ge
n
e
r
a
l
Infrastructure
pr
o
j
e
c
t
s
in
c
l
u
d
e
co
s
t
s
associated with
re
i
m
b
u
r
s
i
n
g
th
e
developer for 40% of the
in
f
r
a
s
t
r
u
c
t
u
r
e
co
s
t
s
within the Town
Sq
u
a
r
e
de
v
e
l
o
p
m
e
n
t
.
General
In
f
r
a
s
t
r
u
c
t
u
r
e
co
s
t
s
also include costs
as
s
o
c
i
a
t
e
d
wi
t
h
ro
a
d
improvements to
Ca
r
r
o
l
l
Av
e
n
u
e
an
d
Kimball Avenue, which
ar
e
lo
c
a
t
e
d
on
th
e
periphery of the TIRZ
bo
u
n
d
a
r
i
e
s
.
Ed
u
c
a
t
i
o
n
a
l
Infrastructure
$5
,
0
8
8
,
2
3
5
Th
e
Ed
u
c
a
t
i
o
n
a
l
In
f
r
a
s
t
r
u
c
t
u
r
e
costs
in
c
l
u
d
e
wa
t
e
r
,
se
w
e
r
,
drainage, and road
co
n
s
t
r
u
c
t
i
o
n
to
se
r
v
i
c
e
the educational
fa
c
i
l
i
t
i
e
s
lo
c
a
t
e
d
in
the TIRZ.
Pu
b
l
i
c
Pa
r
k
s
G
e
n
e
r
a
l
In
f
r
a
s
t
r
u
c
t
u
r
e
24 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
1
:
Es
t
i
m
a
t
e
d
P
r
o
j
e
c
t
C
o
s
t
s
o
f
t
h
e
Zo
n
e
,
i
n
c
l
u
d
i
n
g
a
d
m
i
n
i
s
t
r
a
t
i
v
e
ex
p
e
n
s
e
s
El
e
m
e
n
t
2
:
A
s
t
a
t
e
m
e
n
t
l
i
s
t
i
n
g
t
h
e
k
i
n
d
,
nu
m
b
e
r
a
n
d
l
o
c
a
t
i
o
n
o
f
a
l
l
pr
o
p
o
s
e
d
p
u
b
l
i
c
w
o
r
k
s
o
r
p
u
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
i
n
t
h
e
z
o
n
e
,
To
w
n
Ha
l
l
Ci
t
y
/ Co
u
n
t
y
Fa
c
i
l
i
t
y
$3
,
9
7
6
,
6
5
4
So
u
t
h
l
a
k
e
To
w
n
Ha
l
l
is
a sh
a
r
e
d
fa
c
i
l
i
t
y
be
t
w
e
e
n
th
e
Ci
t
y
of
So
u
t
h
l
a
k
e
an
d
Ta
r
r
a
n
t
Co
u
n
t
y
th
a
t
br
i
n
g
s
th
e
ci
v
i
c
of
f
i
c
e
s
of
th
e
Ci
t
y
an
d
Co
u
n
c
i
l
to
g
e
t
h
e
r
in
on
e
ce
n
t
r
a
l
lo
c
a
t
i
o
n
.
To
w
n
Ha
l
l
is
lo
c
a
t
e
d
in
th
e
he
a
r
t
of
th
e
To
w
n
Sq
u
a
r
e
de
v
e
l
o
p
m
e
n
t
,
an
d
is
co
n
s
i
d
e
r
e
d
a be
th
e
fo
c
a
l
po
i
n
t
of
th
e
ne
w
do
w
n
t
o
w
n
.
Th
e
fa
c
i
l
i
ty
is
ap
p
r
o
x
i
m
a
t
e
l
y
80
,
0
0
0
sq
u
a
r
e
fe
e
t
wi
t
h
ap
p
r
o
x
i
m
a
t
e
l
y
12
,
0
0
0
sq
u
a
r
e
fe
e
t
de
d
i
c
a
t
e
d
to
th
e
So
u
t
h
l
a
k
e
Pu
b
l
i
c
Li
b
r
a
r
y
.
Th
e
of
f
i
c
e
s
fo
r
th
e
Ci
t
y
of
So
u
t
h
l
a
k
e
in
c
l
u
d
e
ad
m
i
n
i
s
t
r
a
t
i
v
e
of
f
i
c
e
s
,
Fi
n
a
n
c
e
,
Mu
n
i
c
i
p
a
l
Co
u
r
t
,
Ut
i
l
i
t
y
Bi
l
l
i
n
g
,
Pl
a
n
n
i
n
g
,
Ec
o
n
o
m
i
c
De
v
e
l
o
p
m
e
n
t
,
an
d
Pu
b
l
i
c
Wo
r
k
s
.
Th
e
of
f
i
c
e
s
fo
r
Ta
r
r
a
n
t
Co
u
n
t
y
in
c
l
u
de
th
e
Co
u
n
t
y
Co
m
m
i
s
s
i
o
n
e
r
,
Co
n
s
t
a
b
l
e
,
Ju
s
t
i
c
e
of
th
e
Pe
a
c
e
,
Co
u
n
t
y
Cl
e
r
k
of
f
i
c
e
s
,
an
d
Ta
x
of
f
i
c
e
s
.
Th
e
in
i
t
i
a
l
te
r
m
of
th
e
TI
R
Z
fu
n
d
e
d
th
e
co
n
s
t
r
u
c
t
i
o
n
of
th
i
s
fa
c
i
l
i
t
y
as
we
l
l
as
pr
o
v
i
d
e
d
fo
r
ca
p
i
t
a
l
ma
i
n
t
e
n
a
n
c
e
co
s
t
s
de
s
i
g
n
a
t
e
d
fo
r
la
r
g
e
ca
p
i
t
a
l
ex
p
e
n
d
i
t
u
r
e
s
re
l
a
t
e
d
to
bu
i
l
d
i
n
g
ma
i
n
t
e
n
a
n
c
e
.
.
Th
i
s
am
e
n
d
e
d
pr
o
j
e
c
t
and financin g plan
in
c
l
u
d
e
s
fu
n
d
i
n
g
to provide for the
op
e
r
a
t
i
o
n
s
an
d
ca
p
i
t
a
l
maintenance of
So
u
t
h
l
a
k
e
To
w
n
Hall, including future
re
n
o
v
a
t
i
o
n
s
ne
c
e
s
s
a
r
y
to accommodate
st
a
f
f
i
n
g
ch
a
n
g
e
s
and ensure compliance
wi
t
h
th
e
Am
e
r
i
c
a
n
s
with Disabilities Act,
as
we
l
l
as
to
pr
o
v
i
d
e
for a sustainable
fa
c
i
l
i
t
y
.
Op
e
r
a
t
i
o
n
s
an
d
Ma
i
n
t
e
n
a
n
c
e
25 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
1
:
Es
t
i
m
a
t
e
d
P
r
o
j
e
c
t
C
o
s
t
s
o
f
t
h
e
Zo
n
e
,
i
n
c
l
u
d
i
n
g
a
d
m
i
n
i
s
t
r
a
t
i
v
e
ex
p
e
n
s
e
s
El
e
m
e
n
t
2
:
A
s
t
a
t
e
m
e
n
t
l
i
s
t
i
n
g
t
h
e
k
i
n
d
,
nu
m
b
e
r
a
n
d
l
o
c
a
t
i
o
n
o
f
a
l
l
pr
o
p
o
s
e
d
p
u
b
l
i
c
w
o
r
k
s
o
r
p
u
b
l
i
c
im
p
r
o
v
e
m
e
n
t
s
i
n
t
h
e
z
o
n
e
In
f
r
a
s
t
r
u
c
t
u
r
e
an
d
As
s
e
t
Ma
i
n
t
e
n
a
n
c
e
$1
5
,
5
9
5
,
7
7
8
Pu
b
l
i
c
in
f
r
a
s
t
r
u
c
t
u
r
e
an
d
as
s
e
t
s
wi
t
h
i
n
th
e
Zo
n
e
in
c
l
u
d
e
si
d
e
w
a
l
k
s
,
st
r
e
e
t
s
,
wa
t
e
r
/
wa
s
t
e
w
a
t
e
r
fa
c
i
l
i
t
i
e
s
,
st
o
r
m
wa
t
e
r
fa
c
i
l
i
t
i
e
s
,
si
g
n
a
g
e
,
pa
r
k
i
n
g
ga
r
a
g
e
s
,
an
d
li
g
h
t
po
l
e
s
.
Th
i
s
pl
a
n
in
c
l
u
d
e
s
fu
n
d
i
n
g
ne
c
e
s
s
a
r
y
to
ma
i
n
t
a
i
n
th
e
s
e
as
s
e
t
s
.
Pu
b
l
i
c
Sp
a
c
e
Ma
i
n
t
e
n
a
n
c
e
$1
7
,
5
2
1
,
3
0
5
Pu
b
l
i
c
sp
a
c
e
s
wi
t
h
i
n
th
e
zo
n
e
in
c
l
u
d
e
st
r
e
e
t
s
,
pa
r
k
i
n
g
ga
r
a
g
e
s
,
an
d
si
d
e
w
a
l
k
s
.
In
fa
c
t
,
ab
o
u
t
30
%
of
th
e
Zo
n
e
is
de
s
i
g
n
a
t
e
d
as
pu
b
l
i
c
Ri
g
h
t
‐of
‐Wa
y
(R
OW
)
.
Th
e
s
e
ar
e
a
s
re
q
u
i
r
e
re
g
u
l
a
r
ma
i
n
t
e
n
a
n
c
e
su
c
h
as
po
w
e
r
wa
s
h
i
n
g
,
sw
e
e
p
i
n
g
,
po
r
t
e
r
se
r
v
i
c
e
s
fo
r
pu
b
l
i
c
tr
a
s
h
ca
n
s
,
la
n
d
s
c
a
p
i
n
g
,
pa
i
n
t
i
n
g
,
an
d
ge
n
e
r
a
l
re
p
a
i
r
s
.
Th
i
s
el
e
m
e
n
t
of
th
e
pl
a
n
pr
o
v
i
d
e
s
fu
n
d
i
n
g
fo
r
on
g
o
i
n
g
ma
i
n
t
e
n
a
n
c
e
of
th
e
s
e
pu
b
l
i
c
sp
a
c
e
s
.
.
Pa
r
k
Ma
i
n
t
e
n
a
n
c
e
$4
,
0
8
4
,
8
6
3
Th
e
r
e
ar
e
cu
r
r
e
n
t
l
y five parks that are
pu
b
l
i
c
l
y
ma
i
n
t
a
i
n
e
d
and located in
So
u
t
h
l
a
k
e
To
w
n
Square: Rustin Park;
Fa
m
i
l
y
Pa
r
k
;
Su
m
m
i
t
Park; Frank Edgar
Co
r
n
i
s
h
,
IV
Pa
r
k
;
and McPherson Park.
Th
i
s
pl
a
n
in
c
l
u
d
e
s
funding for the ongoing
ma
i
n
t
e
n
a
n
c
e
of
th
e
s
e
parks which
in
c
l
u
d
e
s
no
t
on
l
y
landscaping but
ha
r
d
s
c
a
p
e
li
k
e
be
n
c
h
e
s
and i nfrastructure
el
e
m
e
n
t
s
su
c
h
as
fountains and ponds.
Op
e
r
a
t
i
o
n
s
an
d
Ma
i
n
t
e
n
a
n
c
e
26 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
3
:
Ec
o
n
o
m
i
c
F
e
a
s
i
b
i
l
i
t
y
S
t
u
d
y
El
e
m
e
n
t
4
:
Th
e
e
s
t
i
m
a
t
e
d
a
m
o
u
n
t
o
f
b
o
n
d
e
d
in
d
e
b
t
e
d
n
e
s
s
t
o
b
e
i
n
c
u
r
r
e
d
El
e
m
e
n
t
5
:
Th
e
t
i
m
e
w
h
e
n
r
e
l
a
t
e
d
c
o
s
t
s
o
r
mo
n
e
t
a
r
y
o
b
l
i
g
a
t
i
o
n
s
a
r
e
t
o
b
e
in
c
u
r
r
e
d
.
Th
e
fi
s
c
a
l
im
p
a
c
t
of
ph
a
s
e
d
de
v
e
l
o
p
m
e
n
t
is
ou
t
l
i
n
e
d
in
th
e
Ta
x
In
c
r
e
m
e
n
t
Re
i
n
v
e
s
t
m
e
n
t
Zo
n
e
An
a
l
y
s
i
s
(E
x
h
i
b
i
t
B)
.
No
t
re
f
l
e
c
t
e
d
in
th
i
s
an
a
l
y
s
i
s
is
th
e
an
t
i
c
i
p
a
t
e
d
sa
l
e
s
ta
x
an
d
pe
r
s
o
n
a
l
pr
o
p
e
r
t
y
ta
x
re
v
e
n
u
e
wh
i
c
h
wo
u
l
d
be
in
ad
d
i
t
i
o
n
to
th
e
re
a
l
pr
o
p
e
r
t
y
ta
x
.
Th
e
s
e
re
v
e
n
u
e
st
r
e
a
m
s
wo
u
l
d
no
t
be
de
s
i
g
n
a
t
e
d
to
be
us
e
d
sp
e
c
i
f
i
c
a
l
l
y
in
th
e
zo
n
e
.
.
De
b
t
is
s
u
a
nc
e
is
no
t
anticipated as an
el
e
m
e
n
t
of
th
i
s
pl
a
n
.
Expenses will be
bu
d
g
e
t
e
d
an
n
u
a
l
l
y
as needed, in
al
i
g
n
m
e
n
t
wi
t
h
id
e
n
t
i
f
i
e
d
expenditures
wi
t
h
i
n
th
e
pr
o
j
e
c
t
and financing plan.
Pl
e
a
s
e
re
f
e
r
to
Ex
h
i
b
i
t
C for details on
pl
a
n
n
e
d
ex
p
e
n
d
i
t
u
r
e
s
.
27 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
6
:
A
d
e
s
c
r
i
p
t
i
o
n
o
f
t
h
e
m
e
t
h
o
d
s
o
f
fi
n
a
n
c
i
n
g
a
l
l
e
s
t
i
m
a
t
e
d
p
r
o
j
e
c
t
co
s
t
s
a
n
d
t
h
e
e
x
p
e
c
t
e
d
s
o
u
r
c
e
s
o
f
re
v
e
n
u
e
t
o
f
i
n
a
n
c
e
o
r
p
a
y
p
r
o
j
e
c
t
co
s
t
s
,
i
n
c
l
u
d
i
n
g
t
h
e
p
e
r
c
e
n
t
a
g
e
o
f
ta
x
i
n
c
r
e
m
e
n
t
t
o
b
e
d
e
r
i
v
e
d
f
r
o
m
th
e
p
r
o
p
e
r
t
y
t
a
x
e
s
o
f
e
a
c
h
t
a
x
i
n
g
un
i
t
o
n
r
e
a
l
p
r
o
p
e
r
t
y
i
n
t
h
e
z
o
n
e
Pr
o
j
e
c
t
co
s
t
s
wi
l
l
be
pa
i
d
fo
r
th
r
o
u
g
h
us
e
of
ta
x
in
c
r
e
m
e
n
t
fu
n
d
s
re
c
e
i
v
e
d
.
Th
e
re
v
e
n
u
e
so
u
r
c
e
wi
l
l
be
th
e
re
a
l
pr
o
p
e
r
t
y
ta
x
e
s
ca
p
t
u
r
e
d
by
th
e
TI
R
Z
.
Fo
r
th
e
Am
e
n
d
e
d
Fi
n
a
n
c
i
a
l
Pl
a
n
,
th
e
Ci
t
y
of
So
u
t
h
l
a
k
e
is
il
l
u
s
t
r
a
t
e
d
as
pa
r
t
i
c
i
p
a
t
i
n
g
at
10
0
%
an
d
Ca
r
r
o
l
l
In
d
e
p
e
n
d
e
n
t
Sc
h
o
o
l
Di
s
t
r
i
c
t
is
sh
o
w
n
as
pa
r
t
i
c
i
p
a
t
i
n
g
at
10
0
%
.
Ot
h
e
r
ta
x
i
n
g
en
t
i
t
i
e
s
su
c
h
as
Ta
r
r
a
n
t
Co
u
n
t
y
,
Ta
r
r
a
n
t
Co
u
n
t
y
Ju
n
i
or
Co
l
l
e
g
e
Di
s
t
r
i
c
t
an
d
Ta
r
r
a
n
t
Co
u
n
t
y
Ho
s
p
i
t
a
l
Di
s
t
r
i
c
t
ar
e
il
l
u
s
t
r
a
t
e
d
as
pa
r
t
i
c
i
p
a
t
i
n
g
at
0%
in
th
e
TI
R
Z
.
Th
e
Ca
r
r
o
l
l
In
d
e
p
e
n
d
e
n
t
School District is
pa
r
t
i
c
i
p
a
t
i
n
g
in
th
e
TIF with 100% of its
M&
O
ra
t
e
in
th
e
TI
F
district.
Th
e
TI
R
Z
,
ac
t
i
v
e
th
r
o
u
g
h
the City, will
ma
k
e
an
n
u
a
l
pa
y
m
e
n
t
s
to the School
Di
s
t
r
i
c
t
in
an
am
o
u
n
t
necessary to offset
an
y
ne
g
a
t
i
v
e
fi
n
a
n
c
i
a
l
impact on the
Sc
h
o
o
l
Di
s
t
r
i
c
t
, as
a result of its
pa
r
t
i
c
i
p
a
t
i
o
n
in
th
e
TIF, relating to State
fu
n
d
s
th
a
t
wo
u
l
d
otherwise be received by
th
e
Sc
h
o
o
l
Di
s
t
r
i
c
t
under school finance
le
g
i
s
l
a
ti
o
n
or
re
l
a
t
i
n
g
to amounts that
mu
s
t
be
pa
i
d
or
co
n
t
r
i
b
u
t
e
d
by the School
Di
s
t
r
i
c
t
un
d
e
r
sc
h
o
o
l
finance law.
28 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
7
:
Th
e
c
u
r
r
e
n
t
t
o
t
a
l
a
p
p
r
a
i
s
e
d
v
a
l
u
e
of
t
a
x
a
b
l
e
r
e
a
l
p
r
o
p
e
r
t
y
i
n
t
h
e
z
o
n
e
Th
e
to
t
a
l
ap
p
r
a
i
s
e
d
va
l
u
e
of
th
e
ta
x
a
b
l
e
re
a
l
pr
o
p
e
r
t
y
in
th
e
zo
n
e
,
us
i
n
g
th
e
19
9
7
ba
s
e
ye
a
r
va
l
u
e
s
pr
o
v
i
d
e
d
by
th
e
Ta
r
r
a
n
t
Ap
p
r
a
i
s
a
l
Di
s
t
r
i
c
t
,
is
$3
2
,
1
2
3
,
0
1
7
.
Th
e
ta
x
a
b
l
e
va
l
u
e
of
th
o
s
e
sa
m
e
pr
o
p
e
r
t
i
e
s
is
$2
3
,
4
7
5
,
3
6
6
,
af
t
e
r
de
d
u
c
t
i
n
g
a to
t
a
l
of
$8
,
6
4
7
,
6
5
1
fo
r
ag
r
i
c
u
l
t
u
r
a
l
de
f
e
r
r
a
l
s
an
d
ta
x
ex
e
m
p
t
pr
o
p
e
r
t
i
e
s
.
Th
i
s
is
th
e
ba
s
e
ye
a
r
va
l
u
e
es
t
a
b
l
i
s
h
e
d
fo
r
th
e
zo
n
e
.
Wh
e
n
th
i
s
pl
a
n
wa
s
am
e
n
d
e
d
in
19
9
9
,
th
e
to
t
a
l
ap
p
r
a
i
s
e
d
va
l
u
e
of
th
e
ta
x
a
b
l
e
re
a
l
pr
o
p
e
r
t
y
in
th
e
zo
n
e
pr
o
v
i
d
e
d
by
th
e
Ta
r
r
a
n
t
Ap
p
r
a
i
s
a
l
Di
s
t
r
i
c
t
wa
s
$5
4
,
9
4
9
,
6
6
4.
Th
e
19
9
9
ta
x
a
b
l
e
va
l
u
e
of
th
o
s
e
sa
m
e
pr
o
p
e
r
t
i
e
s
wa
s
$5
4
,
8
7
4
,
6
6
4
,
af
t
e
r
de
d
u
c
t
i
n
g
a to
t
a
l
of
$7
5
,
0
0
0
fo
r
ag
r
i
c
u
l
tu
r
a
l
de
f
e
r
r
a
l
s
an
d
ta
x
ex
e
m
p
t
pr
o
p
e
r
t
i
e
s
.
In
20
1
8
,
th
e
to
t
a
l
appraised value of the
ta
x
a
b
l
e
re
a
l
pr
o
p
e
r
t
y
in the zone provided
by
th
e
Ta
r
r
a
n
t
Ap
p
r
a
i
s
a
l
District is
$5
3
9
,
5
7
6
,
7
8
9
.
Th
e
2018 taxable value of
th
o
s
e
sa
m
e
pr
o
p
e
r
t
i
e
s
is $ 528,026,644,
af
t
e
r
de
d
u
c
t
i
n
g
a total of $11,550,145 for
ag
r
i
c
u
l
t
u
r
a
l
de
f
e
r
r
a
l
s
and tax exempt
pr
o
p
e
r
t
i
e
s
.
A li
s
t
in
g
of
ex
i
s
t
i
n
g
properties is included
in
Ex
h
i
b
i
t
D.
29 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
8
:
Th
e
e
s
t
i
m
a
t
e
d
c
a
p
t
u
r
e
d
a
p
p
r
a
i
s
e
d
va
l
u
e
o
f
t
h
e
z
o
n
e
d
u
r
i
n
g
e
a
c
h
y
e
a
r
of
i
t
s
e
x
i
s
t
e
n
c
e
Th
e
es
t
i
m
a
t
e
d
ap
p
r
a
i
s
e
d
va
l
u
e
of
th
e
im
p
r
o
v
e
m
e
n
t
s
in
th
e
zo
n
e
per year is listed in the
fo
l
l
o
w
i
n
g
ta
b
l
e
.
Th
e
es
t
i
m
a
t
e
d
va
l
u
e
of
th
e
zo
n
e
as
s
u
m
e
s
an
an
n
u
a
l
growth in the
ap
p
r
a
i
s
e
d
va
l
u
e
of
6%
.
Th
i
s
is
le
s
s
th
a
n
th
e
hi
s
t
o
r
i
c
do
u
b
l
e
‐di
g
i
t
average annual growth
in
as
s
e
s
s
e
d
va
l
u
e
s
in
th
e
in
i
t
i
a
l
20
ye
a
r
te
r
m
of
th
e
di
s
t
r
i
c
t
.
Fi
s
c
a
l
Y
e
a
r
In
c
r
e
m
e
n
t
a
l
Ta
x
a
b
l
e
A
s
s
e
s
s
e
d
Va
l
u
a
t
i
o
n
Fi
s
c
a
l
Y
e
a
r
Incremental Taxable Assessed Valuation
20
1
9
$5
0
4
,
5
5
1
,
2
7
8
20
2
9
$896,773,204
20
2
0
$5
3
4
,
3
0
8
,
3
5
5
20
3
0
$950,063,596
20
2
1
$5
6
5
,
8
5
0
,
8
5
6
20
3
1
$1,006,551,412
20
2
2
$5
9
9
,
2
8
5
,
9
0
7
20
3
2
$1,066,428,497
20
2
3
$6
3
4
,
7
2
7
,
0
6
2
20
3
3
$1,129,898,206
20
2
4
$6
7
2
,
2
9
4
,
6
8
5
20
3
4
$1,197,176,099
20
2
5
$7
1
2
,
1
1
6
,
3
6
7
20
3
5
$1,268,490,665
20
2
6
$7
5
4
,
3
2
7
,
3
4
9
20
3
6
$1,344,084,104
20
2
7
$7
9
9
,
0
7
0
,
9
9
0
20
3
7
$1,424,213,151
20
2
8
$8
4
6
,
4
9
9
,
2
4
9
20
3
8
$1,509,149,940
30 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
Am
e
n
d
e
d
Fi
n
a
n
c
i
n
g
P
l
a
n
El
e
m
e
n
t
9
:
Th
e
d
u
r
a
t
i
o
n
o
f
t
h
e
z
o
n
e
Th
e
zo
n
e
wa
s
cr
e
a
t
e
d
in
Se
p
t
e
m
b
e
r
19
9
7
,
wi
t
h
an
ef
f
e
c
t
i
v
e
da
t
e
of
Ja
n
u
a
r
y
1,
19
9
8
.
Th
e
zo
n
e
wa
s
se
t
to
ex
i
s
t
fo
r
20
ye
a
r
s
wi
t
h
an
ex
p
i
r
a
t
i
o
n
da
t
e
se
t
at
ei
t
h
e
r
De
c
e
m
b
e
r
31
,
20
1
8
,
or
th
e
da
t
e
wh
e
n
al
l
pr
o
j
e
c
t
co
s
t
s
we
r
e
pa
i
d
an
d
al
l
de
b
t
wa
s
re
t
i
r
e
d
,
wh
i
c
h
e
v
e
r
ca
m
e
fi
r
s
t
.
Th
i
s
am
e
n
d
e
d
pl
a
n
extends the life of the
zo
n
e
fo
r
an
ad
d
i
t
i
o
n
a
l
20 years with
te
r
m
i
n
a
t
i
o
n
of
th
e
zone set at either
De
c
e
m
b
e
r
31
,
20
3
8
,
or the date when all
pr
o
j
e
c
t
co
s
t
s
ar
e
pa
i
d
,
whichever comes
fi
r
s
t
.
Ex
h
i
b
i
t
s
Ex
h
i
b
i
t
A:
Le
g
a
l
De
s
c
r
i
p
t
i
o
n
an
d
Ma
p
o f
Th
e
Re
i
n
v
e
s
t
m
e
n
t
Zo
n
e
Ex
h
i
b
i
t
B:
Ta
x
In
c
r
e
m
e
n
t
Re
i
n
v
e
s
t
m
e
n
t
Zo
n
e
A na
l
y
s
i
s
Ex
h
i
b
i
t
C:
Pr
o
p
o
s
e
d
Pr
o
j
e
c
t
Co
s
t
s
Ex
h
i
b
i
t
D: Listing o f
Pr
o
p
e
r
t
i
e
s
Ex
h
i
b
i
t
E: Public Notice of
a Public Hearing
Ex
h
i
b
i
t
F: Town Square
Co
n
c
e
p
t
Plan 31
32 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
A
-
1
:
Ma
p
o
f
T
h
e
Re
i
n
v
e
s
t
m
e
n
t
Z
o
n
e
33 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
A
-
2
:
Le
g
a
l
D
e
s
c
r
i
p
t
i
o
n
o
f
Th
e
R
e
i
n
v
e
s
t
m
e
n
t
Zo
n
e
Be
g
i
n
n
i
n
g
a
t
t
h
e
i
n
t
e
r
s
e
c
t
i
o
n
o
f
t
h
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-w
a
y
l
i
n
e
o
f
F
.
M
.
1
7
0
9
(
S
o
u
t
h
lake Boulevard) and the
pr
o
j
e
c
t
i
o
n
o
f
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
o
f
C
a
r
r
o
l
l
A
v
en
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
wh
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
C
a
r
r
o
l
l
A
v
en
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
or
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
}
t
o
t
h
e intersection of the said
we
s
t
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
o
f
C
a
r
r
o
l
l
Av
e
n
u
e
a
n
d
t
h
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-
w
a
y
o
f
S
t
a
t
e
H
i
g
h
w
a
y
1
1
4
(
N
o
r
t
h
w
e
s
t
Pa
r
k
w
a
y
)
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
right-of-way after future
ri
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
t
h
e
i
n
te
r
s
e
c
t
i
o
n
o
f
S
t
a
t
e
H
i
g
h
w
a
y
1
1
4
(
N
o
r
t
h
w
e
s
t
P
a
r
k
w
a
y
)
an
d
C
a
r
r
o
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
i
s
c
o
m
p
l
e
t
e
fo
r
t
h
e
c
o
n
s
t
r
u
c
t
i
o
n
o
f
S
t
a
t
e
H
i
g
h
w
a
y
1
1
4
i
m
p
r
o
v
e
m
e
n
t
s
)
to
t
h
e
i
n
t
e
r
s
e
c
t
i
o
n
o
f
t
h
e
n
o
r
t
h
r
i
g
h
t
-
o
f
-
w
a
y
o
f
St
a
t
e
H
i
g
h
w
a
y
1
1
4
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
be
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
be
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t-of-way after
fu
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
a
n
d
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
C
a
r
r
o
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
th
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
;
TH
E
N
C
E
E
A
S
T
,
a
l
o
n
g
t
h
e
n
o
r
t
h
r
i
g
h
t
-
o
f
-
w
a
y
o
f
S
t
a
t
e
Hi
g
h
w
a
y
1
1
4
(
N
o
r
t
h
w
e
s
t
P
a
r
k
w
a
y
)
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
be
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
gh
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
co
n
t
i
n
u
i
n
g
t
o
t
h
e
i
n
t
e
r
s
e
c
t
i
o
n
o
f
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
-w
a
y
l
i
n
e
o
f
K
i
m
b
a
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
ei
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
me
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
:
TH
E
N
C
E
S
O
U
T
H
,
a
l
o
n
g
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
S
t
a
t
e
H
i
g
h
w
a
y
1
1
4
(
N
o
r
t
h
w
e
s
t
P
a
r
k
w
a
y
)
(
S
J
.
i
d
r
i
g
h
t
-
o
f
-
w
a
y
be
i
n
g
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
r
i
g
h
t
-
o
f
-
w
a
y
a
c
qu
i
s
i
t
i
o
n
i
s
c
o
m
p
l
e
t
e
f
o
r
t
h
e
c
o
n
s
t
r
u
c
t
i
o
n
o
f
S
t
a
t
e
Hi
g
h
w
a
y
1
1
4
i
m
p
r
o
v
e
m
e
n
t
s
)
t
o
t
h
e
i
n
t
e
r
s
e
c
t
i
o
n
o
f
t
h
e
so
u
t
h
r
i
g
h
t
-
o
f
-
w
a
y
o
f
S
t
a
t
e
H
i
g
h
w
a
y
1
1
4
(
s
a
i
d
r
i
g
h
t
-
of
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
re
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
,
an
d
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
K
i
m
b
a
l
l
Av
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
fu
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
;
TH
E
N
C
E
S
O
U
T
H
,
c
o
n
t
i
n
u
i
n
g
a
l
o
n
g
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
K
i
m
b
a
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
th
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
tu
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n) to the intersection of
th
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-
w
a
y
o
f
C
r
o
o
k
e
d
L
a
n
e
a
n
d
t
h
e
s
a
i
d
e
a
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
K
i
m
b
a
l
l
A
v
e
n
u
e
;
34 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
A
-
2
:
Le
g
a
l
D
e
s
c
r
i
p
t
i
o
n
o
f
Th
e
R
e
i
n
v
e
s
t
m
e
n
t
Zo
n
e
TH
E
N
C
E
c
o
n
t
i
n
u
i
n
g
i
n
a
s
o
u
t
h
e
a
s
t
e
r
l
y
d
i
r
e
c
t
i
o
n
i
n
a
c
u
r
v
e
t
o
t
h
e
l
e
f
t
a
l
o
n
g
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
w
a
y
o
f
K
i
m
b
a
l
l
Av
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
or
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
of
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
t
o
t
h
e
i
n
t
e
r
s
e
c
t
i
on
o
f
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
K
i
m
b
al
l
A
v
e
n
u
e
a
n
d
t
h
e
w
e
s
t
p
r
o
p
e
r
t
y
l
i
n
e
of
T
r
a
c
t
1
o
f
t
h
e
C
.
B
.
M
c
D
o
n
a
l
d
S
u
r
v
e
y
(
A
b
s
t
r
a
c
t
1
0
1
3
)
;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
w
e
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
T
r
a
c
t
1
t
o
t
h
e
i
n
t
e
r
s
e
c
t
i
o
n
o
f
the west line of Tract 1
an
d
t
h
e
s
o
u
t
h
e
a
s
t
c
o
r
n
e
r
o
f
T
r
a
c
t
3
o
f
t
h
e
C
.
B
.
M
c
D
o
n
a
l
d
S
u
r
v
e
y
(
A
b
s
t
r
a
c
t
1
0
1
3
)
;
TH
E
N
C
E
W
E
S
T
,
a
l
o
n
g
t
h
e
s
o
u
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
Tr
a
c
t
1
t
o
t
h
e
s
o
u
t
h
w
e
s
t
corner of said Tract 3;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
w
e
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
Tr
a
c
t
3
t
o
t
h
e
s
o
u
t
h
e
a
s
t
c
o
rner of said Tract 3B3;
TH
E
N
C
E
W
E
S
T
,
a
l
o
n
g
t
h
e
s
o
u
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
T
r
ac
t
3
B
3
t
o
t
h
e
s
o
u
t
h
w
e
s
t
c
o
rner of said Tract 3B3;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
w
e
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
T
r
a
c
t
3
B
3
t
o
t
h
e
n
o
r
t
h
w
e
s
t
c
o
r
n
e
r
o
f
s
a
i
d
T
r
a
c
t
3
B
3
;
TH
E
N
C
E
E
A
S
T
,
a
l
o
n
g
t
h
e
n
o
r
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
Tr
a
c
t
3
B
3
t
o
t
h
e
n
o
r
t
h
w
e
s
t
corner of said Tract 3;
TH
E
N
C
E
E
A
S
T
,
a
l
o
n
g
t
h
e
n
o
r
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
Tr
a
c
t
3
t
o
t
h
e
n
o
r
t
h
w
e
s
t
corner of said Tract 1;
TH
E
N
C
E
E
A
S
T
,
a
l
o
n
g
t
h
e
n
o
r
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
T
r
a
c
t
1
t
o
t
h
e
n
o
r
t
h
e
a
s
t
c
o
r
n
e
r
o
f
s
a
i
d
T
r
a
c
t
1
,
s
a
i
d
po
i
n
t
b
e
i
n
g
i
n
t
h
e
c
i
t
y
l
i
m
i
t
li
n
e
o
f
t
h
e
C
i
t
y
o
f
S
o
u
t
h
l
a
k
e
;
TH
E
N
C
E
S
O
U
T
H
,
a
l
o
n
g
s
a
i
d
e
a
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
T
r
a
c
t
1
to
a
p
o
i
n
t
b
e
i
n
g
i
n
t
h
e
c
i
t
y
l
i
m
i
t
l
i
n
e
o
f
t
h
e
C
i
t
y
o
f
So
u
t
h
l
a
k
e
a
n
d
b
e
i
n
g
i
n
t
h
e
n
o
r
t
h
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
o
f
S
o
u
t
h
K
i
m
b
a
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
th
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
ay
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
;
TH
E
N
C
E
c
o
n
t
i
n
u
i
n
g
i
n
a
s
o
u
t
h
e
a
s
t
e
r
l
y
d
i
r
e
c
t
i
o
n
i
n
a
c
u
rv
e
t
o
t
h
e
r
i
g
h
t
a
l
o
n
g
t
h
e
n
o
r
t
h
r
i
g
h
t
o
f
-
w
a
y
o
f
S
o
u
t
h
Ki
m
b
a
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
is
t
i
n
g
o
f
w
h
a
t
b
e
c
o
m
e
s
future right-of-way after
fu
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
t
o
th
e
i
n
t
e
r
s
e
c
t
i
o
n
o
f
t
h
e
e
a
st
r
i
g
h
t
-
o
f
-
w
a
y
o
f
S
o
u
t
h
K
i
m
b
a
l
l
A
v
e
n
u
e
a
n
d
th
e
s
o
u
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
H
e
r
i
t
a
g
e
I
n
d
u
s
t
r
i
a
l
P
a
r
k
,
s
a
i
d
po
i
n
t
a
l
s
o
b
e
i
n
g
i
n
t
h
e
c
i
t
y
l
i
m
i
t
l
i
n
e
o
f
t
h
e
C
i
t
y
o
f
So
u
t
h
l
a
k
e
;
35 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
A
-
2
:
Le
g
a
l
D
e
s
c
r
i
p
t
i
o
n
o
f
Th
e
R
e
i
n
v
e
s
t
m
e
n
t
Zo
n
e
TH
E
N
C
E
S
O
U
T
H
,
a
l
o
n
g
t
h
e
s
o
u
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
H
e
ri
t
a
g
e
I
n
d
u
s
t
r
i
a
l
P
a
r
k
t
o
t
h
e
i
n
t
e
r
s
e
c
t
i
o
n
o
f
t
h
e
so
u
t
h
l
i
n
e
o
f
H
e
r
i
t
a
g
e
I
n
d
u
s
t
r
i
a
l
P
a
r
k
a
n
d
t
h
e
so
u
t
h
r
i
g
h
t
-
o
f
w
a
y
l
i
n
e
o
f
S
o
u
t
h
K
i
m
b
a
l
l
A
v
e
n
u
e
;
TH
E
N
C
E
c
o
n
t
i
n
u
i
n
g
i
n
a
n
o
r
t
h
w
e
s
t
e
r
l
y
d
i
r
e
c
t
i
o
n
i
n
a
c
u
r
v
e
t
o
t
h
e
l
e
f
t
a
l
o
n
g
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
K
i
m
b
a
l
l
Av
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
of
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
t
o
a
p
o
i
n
t
i
n
t
h
e
e
a
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
T
r
a
c
t
1
o
f
t
h
e
C
.
B
.
M
c
D
o
n
a
l
d
S
u
r
v
e
y
(
A
b
s
t
r
a
c
t
10
1
3
)
;
TH
E
N
C
E
S
O
U
T
H
,
a
l
o
n
g
t
h
e
s
a
i
d
e
a
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
T
r
ac
t
1
t
o
t
h
e
s
o
u
t
h
e
a
s
t
c
o
r
n
e
r
of said Tract 1, said
po
i
n
t
b
e
i
n
g
i
n
t
h
e
c
i
t
y
l
i
m
i
t
li
n
e
o
f
t
h
e
C
i
t
y
o
f
S
o
u
t
h
l
a
k
e
;
TH
E
N
C
E
c
o
n
t
i
n
u
i
n
g
i
n
a
s
o
u
t
h
w
e
s
t
e
r
l
y
d
i
r
e
c
t
i
o
n
a
l
o
n
g
t
h
e
s
o
u
t
h
l
i
n
e
o
f
s
a
i
d
T
r
a
c
t
1
t
o
t
h
e
s
o
u
t
h
e
a
s
t
c
o
r
n
e
r
of
T
r
a
c
t
1
,
s
a
i
d
p
o
i
n
t
b
e
i
n
g
i
n
t
h
e
c
i
ty
l
i
m
i
t
l
i
n
e
o
f
t
h
e
C
i
t
y
o
f
S
o
u
t
h
l
a
k
e
;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
s
a
i
d
w
e
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
T
r
a
c
t
1
t
o
a
p
o
i
n
t
i
n
t
h
e
e
a
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
G
r
e
e
n
Me
a
d
o
w
A
d
d
i
t
i
o
n
a
n
d
t
h
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
o
f
S
o
u
t
h
K
i
m
b
a
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
th
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
;
TH
E
N
C
E
c
o
n
t
i
n
u
i
n
g
i
n
a
n
o
r
t
h
w
e
s
t
e
r
l
y
d
i
r
e
c
t
i
o
n
i
n
a
cu
r
v
e
t
o
t
h
e
l
e
f
t
a
l
o
n
g
t
h
e
r
i
g
h
t
-
o
f
-
w
a
y
o
f
K
i
m
b
a
l
l
Av
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
of
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
t
o
t
h
e
i
n
t
e
r
s
e
c
t
i
on
o
f
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
K
i
m
b
al
l
A
v
e
n
u
e
a
n
d
t
h
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-
wa
y
o
f
C
r
o
o
k
e
d
L
a
n
e
a
n
d
t
h
e
s
a
i
d
e
a
st
r
i
g
h
t
-
o
f
-
w
a
y
o
f
K
i
m
b
a
l
l
A
v
e
n
u
e
;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
K
i
m
b
a
l
l
Av
e
n
u
e
t
o
t
h
e
s
o
u
t
h
e
a
s
t
c
o
r
n
e
r
o
f
T
r
a
c
t
3
A
o
f
t
h
e
Jo
h
n
A
.
F
r
e
e
m
a
n
S
u
r
v
e
y
(
A
b
s
t
r
a
c
t
5
2
9
)
;
TH
E
N
C
E
W
E
S
T
,
a
l
o
n
g
t
h
e
s
o
u
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
T
r
ac
t
3
A
t
o
t
h
e
s
o
u
t
h
w
e
s
t
c
o
r
n
e
r
o
f
s
a
i
d
T
r
a
c
t
3
A
;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
s
a
i
d
w
e
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
Tr
a
c
t
3
A
t
o
t
h
e
s
o
u
t
h
w
e
s
t
corner of Tract 1 of the
Jo
h
n
A
.
F
r
e
e
m
a
n
S
u
r
v
e
y
(
A
b
s
t
r
a
c
t
5
2
9
)
;
36 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
A
-
2
:
Le
g
a
l
D
e
s
c
r
i
p
t
i
o
n
o
f
Th
e
R
e
i
n
v
e
s
t
m
e
n
t
Zo
n
e
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
s
a
i
d
w
e
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
Tr
a
c
t
1
t
o
t
h
e
s
o
u
t
h
w
e
s
t
c
o
rner of Tract 1B of the
Jo
h
n
A
.
F
r
e
e
m
a
n
S
u
r
v
e
y
(
A
b
s
t
r
a
c
t
5
2
9
)
;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
s
a
i
d
w
e
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
Tr
a
c
t
1
B
t
o
t
h
e
s
o
u
t
h
w
e
s
t
c
o
rner of Tract 1C of the
Jo
h
n
A
.
F
r
e
e
m
a
n
S
u
r
v
e
y
(
A
b
s
t
r
a
c
t
5
2
9
)
;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
s
a
i
d
w
e
s
t
p
r
o
p
e
r
t
y
l
i
n
e
o
f
T
r
ac
t
I
C
t
o
t
h
e
n
o
r
t
h
w
e
s
t
c
o
rner of Tract 1C of the
Jo
h
n
A
.
F
r
e
e
m
a
n
S
u
r
v
e
y
(
A
b
s
t
r
a
c
t
5
2
9
)
;
TH
E
N
C
E
E
A
S
T
,
a
l
o
n
g
t
h
e
s
a
i
d
n
o
r
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
T
r
a
c
t
1
C
t
o
t
h
e
n
o
r
t
h
e
a
s
t
c
o
rner of Tract 1C of the
Jo
h
n
A
.
F
r
e
e
m
a
n
S
u
r
v
e
y
(
A
b
s
t
r
a
c
t
5
2
9
)
,
s
a
i
d
p
o
i
n
t
b
e
i
n
g
in
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
of South Kimball Avenue;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
s
a
i
d
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
of
S
o
u
t
h
K
i
m
b
a
l
l
A
v
e
n
u
e
t
o
the intersection of the
we
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
S
o
u
t
h
K
i
m
b
a
l
l
Av
e
n
u
e
a
n
d
t
h
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-
w
a
y
of
F
.
M
.
1
7
0
9
(
S
o
u
t
h
l
a
k
e
B
o
u
l
e
v
a
r
d
)
;
TH
E
N
C
E
W
E
S
T
,
a
l
o
n
g
t
h
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-
w
a
y
o
f
F
.
M
.
17
0
9
(
S
o
u
t
h
l
a
k
e
B
o
u
l
e
v
a
r
d
)
t
o
the projection of the
in
t
e
r
s
e
c
t
i
o
n
o
f
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
C
a
r
r
o
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
be
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
a
n
d
s
o
u
t
h
right-of-way of F.M. 1709
(S
o
u
t
h
l
a
k
e
B
o
u
l
e
v
a
r
d
)
;
TH
E
N
C
E
S
O
U
T
H
,
A
l
o
n
g
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
S
o
u
t
h
C
a
rr
o
l
l
A
v
e
n
u
e
t
o
t
h
e
i
n
t
e
r
s
ection of the east right-
of
-
w
a
y
o
f
C
a
r
r
o
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
of
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
b
e
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
af
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
it
i
o
n
)
a
n
d
t
h
e
n
o
r
t
h
r
i
g
h
t
-
o
f
-
w
a
y
o
f
E
a
s
t
C
o
n
t
i
n
e
n
t
a
l
B
o
u
l
e
v
a
r
d
;
TH
E
N
C
E
S
O
U
T
H
,
a
c
r
o
s
s
E
a
s
t
C
o
n
t
i
n
e
n
t
a
l
B
o
u
l
e
v
a
r
d
t
o
t
h
e
in
t
e
r
s
e
c
t
i
o
n
o
f
t
h
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
o
f
E
a
s
t
Co
n
t
i
n
e
n
t
a
l
B
o
u
l
e
v
a
r
d
a
n
d
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
B
r
u
m
l
o
w
A
v
e
n
u
e
;
TH
E
N
C
E
S
O
U
T
H
,
a
l
o
n
g
t
h
e
e
a
s
t
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
o
f
B
r
u
m
l
ow
A
v
e
n
u
e
t
o
t
h
e
i
n
t
e
r
s
e
c
tion of the east right-
of
-
w
a
y
l
i
n
e
o
f
B
r
u
m
l
o
w
A
v
e
n
u
e
a
n
d
t
h
e
s
o
u
t
h
l
i
n
e
o
f
t
h
e
B
r
u
m
l
o
w
I
n
d
u
s
t
r
i
a
l
A
d
d
i
t
i
o
n
,
s
a
i
d
p
o
i
n
t
a
l
s
o
b
e
i
n
g
in
t
h
e
c
i
t
y
l
i
m
i
t
l
i
n
e
o
f
t
h
e
C
i
t
y
o
f
S
o
u
t
h
l
a
k
e
;
37 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
A
-
2
:
Le
g
a
l
D
e
s
c
r
i
p
t
i
o
n
o
f
Th
e
R
e
i
n
v
e
s
t
m
e
n
t
Zo
n
e
TH
E
N
C
E
S
O
U
T
H
,
a
l
o
n
g
t
h
e
s
o
u
t
h
p
r
o
p
e
r
t
y
l
i
n
e
o
f
s
a
i
d
B
r
u
ml
o
w
I
n
d
u
s
t
r
i
a
l
A
d
d
i
t
i
o
n
t
o
the intersection of the
so
u
t
h
l
i
n
e
o
f
s
a
i
d
B
r
u
m
l
o
w
I
n
d
u
s
t
r
i
a
l
A
d
d
i
t
i
o
n
a
n
d
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
o
f
B
r
u
m
l
o
w
A
v
e
n
u
e
;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
B
r
u
ml
o
w
A
v
e
n
u
e
t
o
t
h
e
i
n
t
e
r
s
ection of the west right-
of
-
w
a
y
l
i
n
e
o
f
B
r
u
m
l
o
w
A
v
e
n
u
e
a
n
d
t
h
e
s
o
u
t
h
r
i
gh
t
-
o
f
-
w
a
y
l
i
n
e
o
f
E
a
s
t
C
o
n
t
i
n
e
n
t
a
l
A
v
e
n
u
e
;
TH
E
N
C
E
W
E
S
T
,
a
l
o
n
g
t
h
e
s
o
u
t
h
l
i
n
e
o
f
E
a
s
t
C
o
n
t
i
n
e
n
t
a
l
A
v
en
u
e
t
o
t
h
e
i
n
t
e
r
s
e
c
t
i
o
n
of the west right-of-way
li
n
e
o
f
S
o
u
t
h
C
a
r
r
o
l
l
A
v
e
n
u
e
a
n
d
t
h
e
s
o
u
t
h
r
i
g
h
t-
o
f
-
w
a
y
l
i
n
e
o
f
E
a
s
t
C
o
n
t
i
n
e
n
t
a
l
A
v
e
n
u
e
;
TH
E
N
C
E
N
O
R
T
H
,
a
l
o
n
g
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
l
i
n
e
S
o
u
t
h
C
a
r
r
o
l
l
A
v
e
n
u
e
t
o
t
h
e
i
n
tersection of the west
ri
g
h
t
-
o
f
-
w
a
y
l
i
n
e
o
f
S
o
u
t
h
Ca
r
r
o
l
l
A
v
e
n
u
e
a
n
d
t
h
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-
w
a
y
o
f
F
.
M
.
1
7
0
9
(
S
o
u
t
h
l
a
k
e
B
o
u
l
e
v
a
r
d
)
;
TH
E
N
C
E
W
E
S
T
,
a
l
o
n
g
t
h
e
s
o
u
t
h
r
i
g
h
t
-
o
f
-
w
a
y
o
f
F
.
M
.
17
0
9
(
S
o
u
t
h
l
a
k
e
B
o
u
l
e
v
a
r
d
)
t
o
the projection of the
in
t
e
r
s
e
c
t
i
o
n
o
f
t
h
e
w
e
s
t
r
i
g
h
t
-
o
f
-
w
a
y
o
f
C
a
r
r
o
l
l
A
v
e
n
u
e
(
s
a
i
d
r
i
g
h
t
-
o
f
-
w
a
y
b
e
i
n
g
e
i
t
h
e
r
t
h
e
e
x
i
s
t
i
n
g
o
r
w
h
a
t
be
c
o
m
e
s
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
f
t
e
r
f
u
t
u
r
e
r
i
g
h
t
-
o
f
-
w
a
y
a
c
q
u
i
s
i
t
i
o
n
)
a
n
d
s
o
u
t
h
right-of-way of F.M. 1709
(S
o
u
t
h
l
a
k
e
B
o
u
l
e
v
a
r
d
)
t
o
t
h
e
P
O
I
N
T
O
F
B
E
G
I
NN
I
N
G
,
c
o
n
t
a
i
n
i
n
g
4
0
8
a
c
r
e
s
,
m
o
r
e
o
r
l
e
s
s
.
38 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
B
:
T
a
x
I
n
c
r
e
m
e
n
t
R
e
i
n
v
e
s
t
m
e
n
t
Z
o
n
e
A
n
a
l
y
s
i
s
39 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
B
:
T
a
x
I
n
c
r
e
m
e
n
t
R
e
i
n
v
e
s
t
m
e
n
t
Z
o
n
e
A
n
a
l
y
s
i
s
40 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
B
:
T
a
x
I
n
c
r
e
m
e
n
t
R
e
i
n
v
e
s
t
m
e
n
t
Z
o
n
e
A
n
a
l
y
s
i
s
41 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
B
:
T
a
x
I
n
c
r
e
m
e
n
t
R
e
i
n
v
e
s
t
m
e
n
t
Z
o
n
e
A
n
a
l
y
s
i
s
42 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
C
:
P
r
o
p
o
s
e
d
P
r
o
j
e
c
t
C
o
s
t
s
43 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
D
:
L
i
s
t
i
n
g
o
f
S
o
u
t
h
l
a
k
e
T
I
R
Z
#
1
P
r
o
p
e
r
t
i
e
s
44 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
D
:
L
i
s
t
i
n
g
o
f
S
o
u
t
h
l
a
k
e
T
I
R
Z
#
1
P
r
o
p
e
r
t
i
e
s
45 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
D
:
L
i
s
t
i
n
g
o
f
S
o
u
t
h
l
a
k
e
T
I
R
Z
#
1
P
r
o
p
e
r
t
i
e
s
46 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
D
:
L
i
s
t
i
n
g
o
f
S
o
u
t
h
l
a
k
e
T
I
R
Z
#
1
P
r
o
p
e
r
t
i
e
s
47 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
D
:
L
i
s
t
i
n
g
o
f
S
o
u
t
h
l
a
k
e
T
I
R
Z
#
1
P
r
o
p
e
r
t
i
e
s
48 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
D
:
L
i
s
t
i
n
g
o
f
S
o
u
t
h
l
a
k
e
T
I
R
Z
#
1
P
r
o
p
e
r
t
i
e
s
49 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
D
:
L
i
s
t
i
n
g
o
f
S
o
u
t
h
l
a
k
e
T
I
R
Z
#
1
P
r
o
p
e
r
t
i
e
s
50 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
E
:
Pu
b
l
i
c
N
o
t
i
c
e
NO
T
E
:
O
n
c
e
a
v
a
i
l
a
b
l
e
,
t
h
e
p
u
b
l
i
c
h
e
a
r
i
n
g
n
o
t
i
c
e
ad
v
e
r
t
i
s
i
n
g
t
h
e
h
e
a
r
i
n
g
f
o
r
A
u
g
u
s
t
2
1
,
2
0
1
8
,
w
i
l
l
b
e
in
s
e
r
t
e
d
a
s
E
x
h
i
b
i
t
E
.
51 |
So
u
t
h
l
a
k
e
T
I
R
Z
#
1
2
0
1
8
A
m
e
n
d
e
d
P
r
o
j
e
c
t
a
n
d
F
i
n
a
n
c
i
n
g
P
l
a
n
Ex
h
i
b
i
t
F
:
T
o
w
n
S
q
u
a
r
e
C
o
n
c
e
p
t
P
l
a
n
CI
T
Y
O
F
S
O
U
T
H
L
A
K
E
TA
X
I
N
C
R
E
M
E
N
T
RE
I
N
V
E
S
T
M
E
N
T
Z
O
N
E
#
1
AM
E
N
D
E
D
P
R
O
J
E
C
T
A
N
D
F
I
N
A
N
C
I
N
G
P
L
A
N
AU
G
U
S
T
7
,
2
0
1
8
Updated by:Alison Ortowski
As
s
i
s
t
a
n
t
City Manager Sharen Jackson
Ch
i
e
f
Financial Officer