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�• � <br /> LEGAL DEPARTMENT MEMORANDUM <br /> No. 2000-23 <br /> November 30, 2000 <br /> TO: Honorable Mayor and City Council Members <br /> FROM: Steve Garman, City Manager <br /> Beth B. Couter, Finance Director <br /> John W. Couter, Corporation Counse��v� <br /> � <br /> RE: Bachrach TIF �' <br /> In 1990 the City established a tax increment financing ("TIF") district to assist the <br /> construction of a Bachrach facility located north of West Mound Road. That project has <br /> been completed and it is now time to dissolve the TIF district. An ordinance is forwarded <br /> herewith to Council to begin that process. On December 18th a second ordinance will <br /> complete the dissolution of the district and end tax increment financing for that district. <br /> Staff recommends approval of the attached ordinance. <br /> JWC:ps <br /> cc: Wendy L. Morthland <br /> Steven G. Jones <br />