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. • / � <br /> ♦ � � � ti <br /> ' , attributable to the increase in the current equalized <br /> . � ' � assessed valuation of each taxable lot, block, tract or <br /> ' ' parcel of real property in the Redevelopment Project <br /> Area over and above the initial equalized assessed value <br /> of each lot, block, tract or parcel of real property in <br /> the Redevelopment Project Area shall be allocated to and <br /> when collected shall be paid to the City Treasurer who <br /> shall deposit said funds in a special fund called "the <br /> special tax allocation fund" of the City for the <br /> purposes set forth in Redevelopment Plan and Project <br /> referred to in Paragraph 1 of this Ordinance. <br /> Section 3 . This Ordinance shall be in full force and effect <br /> after passaye and publication as provided by law. <br /> PRESENTED, PASSED, APPROVED . ORDED his 17th day of <br /> December, 1990 . <br /> i � <br /> GARY K. A ON <br /> MAYOR <br /> ATTEST: <br /> , <br /> � <br /> CITY CLERK <br />