Title
A RESOLUTION CONCERNING TAX INCREMENT FINANCING RELATED TO WESTPHALIA TOWN CENTER DEVELOPMENT DISTRICT AND WESTPHALIA TOWN CENTER SPECIAL TAXING DISTRICT for the purpose of approving a TIF proposal and certifications pursuant to CR-38-2011.
Background
This Resolution, as required by CR-38-2011, will approve the certifications of the developer, County Executive and bond counsel. Prior to the issuance of the bonds for the Westphalia Town Center Development District and Special Taxing District, the County Executive and bond counsel must certify that the provisions of CR-38-2011, have been complied with and that the MBE Plan has been approved by the compliance manager in conformance with the MBE Plan Guidelines as promulgated by the compliance manager.