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ft SECTION IX <br /> CL IMPLEMENTATION STRATEGY <br /> A. Introduction <br /> Kt <br /> .� The development and follow through of a well-devised implementation strategy is a key element in the <br /> 0 success of the Redevelopment Plan. In order to maximize program efficiency and to take advantage of <br /> o current developer interest in the Area, and with full consideration of available funds, a phased <br /> T4 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 agreements with private <br /> developers proposing that tax increment financing assistance may be provided, where deemed <br /> appropriate by the City,to facilitate private projects. <br /> Inasmuch as the principle means of financing this TIF program is tax increment revenues resulting <br /> from new private investment, the City of Decatur will not permit property tax abatement on those <br /> properties that are both within an Enterprise Zone (EZ) area and the Tax Increment Redevelopment <br /> Project Area. All development incentive provisions associated with an Enterprise Zone program other <br /> than property tax abatement (waiver of permit fees, sales tax abatement on building products,job tax <br /> credits, etc.) will be considered by the City. However, any areas in an Enterprise Zone boundary <br /> outside the Redevelopment Project Area are unaffected by the establishment of this Tax Increment <br /> Redevelopment Plan. <br /> B. Project Costs <br /> Costs that may be incurred by the City in implementing this Plan may include, without limitation, the <br /> following as permitted by the Act: <br /> 1. Costs of studies, surveys, development of plans and specifications, wetland mitigation <br /> plans, implementation and administration of the redevelopment plan including but not <br /> limited to staff and professional service costs for architectural, engineering, legal, <br /> environmental,marketing,financial,planning or other services. <br /> 2. Property assembly costs, including but not limited to acquisition of land and <br /> other property, real or personal or interest therein, demolition of buildings, and <br /> the clearing and grading of land. <br /> 3. Costs of rehabilitation, reconstruction or repair or remodeling of existing <br /> public or private buildings and fixtures. <br /> 4. Cost of construction of public works or improvements. <br /> 5. Cost of job training and retraining. <br /> 26 <br />