Council to correct clerical error in Dolan TIF reimbursement split
Staff told council a clerical error reversed the intended TIF reimbursement percentages; because the building is newly completed with first payment not due until December, the council has time to correct the agreement to reflect the intended 90% then 80% splits over the TIF period.
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FULTON — Staff notified the council that the TIF agreement with Dan Dolan contained a drafting error that reversed the intended property-tax reimbursement split.
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