Get Procedures For Requesting Tif Assistance - City Of Stoughton

This guide is designed to assist users in navigating the process of filling out the Procedures For Requesting TIF Assistance - City Of Stoughton online. By following the outlined steps, you can efficiently complete your application while ensuring compliance with all requirements.

Follow the steps to fill out the application effectively.

1. Click ‘Get Form’ button to obtain the form and open it in your preferred editor.
2. Begin by providing your contact information in the 'Applicant' section, including your name, address, phone number, and fax number. Ensure that this information is accurate as it will be used for all correspondence.
3. Designate a contact person for the application. This should be someone who can respond to inquiries regarding the project.
4. Clearly state the 'Project Name' for easy identification in future communications.
5. Prepare and attach a separate sheet responding to the questions listed in the application. Ensure your responses are concise and relevant, particularly focusing on your background and development experience.
6. Outline details of the proposed project, including its size and scope, and include any relevant engineering or legal issues that may arise.
7. Define the project boundaries by providing the address and attaching a simple map for clarity.
8. Indicate the zoning status of the property and any changes needed for the project to proceed.
9. Discuss any impacts on economic activities and the neighborhood resulting from relocations connected to the project.
10. Establish the need for TIF assistance and articulate how you will satisfy the 'but for' test. Include funding sources, amounts, and status in the required table format.
11. Estimate the potential incremental property taxes generated by the project and outline all costs associated with the development, distinguishing those proposed for TIF funding.
12. Attach a letter from a financial institution confirming the financial capability to complete the project.
13. Conclude with the project schedule indicating preliminary start and completion dates, including any phasing expected.
14. Finalize your form by reviewing it for any inaccuracies before submission. You can save changes, download, print, or share the completed form as necessary.

Complete your TIF Assistance application online today to take the first step towards securing funding for your project.