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i <br /> ti <br /> v� <br /> a, <br /> m SECTION IX <br /> CL IMPLEMENTATION STRATEGY <br /> (U A. Introduction <br /> M <br /> The development and follow through of a well-devised implementation strategy is a key element <br /> in the success of the Redevelopment Plan. In order to maximize program efficiency and to take <br /> padvantage of current developer interest in the Area; and with full consideration of available <br /> G funds, a phased implementation strategy may be employed. <br /> A combination of private investments and public assistance is an essential element of the <br /> Redevelopment Plan. In order to achieve this end; the City may enter into *eements with <br /> private developers proposing that tax increment financing assistance may berovided, where <br /> deemed appropriate by the City, to facilitate private projects. <br /> Inasmuch as the principle means of financing this TIF program is tax increment revenues <br /> resulting from new private investment, the City of Decatur will not pen it property tax <br /> abatement on those properties that are both within an Enterprise Zone (EZ) area and the Tax <br /> Increment Redevelopment Project Area. All development incentive provisions;associated with <br /> an Enterprise Zone program other than property tax abatement (waiver of perm t fees, sales tax <br /> abatement on building products,job tax credits, etc.) will be considered by the City. However, <br /> any areas in an Enterprise Zone boundary outside the Redevelopment Project Area are <br /> unaffected by the establishment of this Tax Increment Redevelopment flan. <br /> B. Project Costs <br /> Costs that may be incurred by the City in implementing this Plan may include, without <br /> limitation, the following as permitted by the Act: y <br /> 1. Costs of studies, surveys, development of plans and specifications, wetland <br /> mitigation plans, implementation and administration of the redevelopment plan <br /> including but not limited to staff and professional service costs for architectural, <br /> engineering, legal, enviroiumental, marketing, financial, planing or other <br /> services. <br /> 2. Property assembly costs, including but not limited to acquisition f land and other <br /> property, real or personal or interest therein. demolition of buildings, and the <br /> clearing and grading of land. <br /> 3. Costs of rehabilitation, reconstruction or repair or remodeling of t xisting public or <br /> private buildings and fixtures. <br /> 4. Cost of construction of public works or improvements. <br /> 5. Cost of job training and retraining, <br /> i <br /> 28 <br />