INCENTIVE DESCRIPTION

State:	FL
Incentive Type:	Property Tax Incentives
Incentive Title:	Tax Increment Financing
Description:	TAX INCREMENT FINANCING The program authorizes the creation of Redevelopment Agencies that define redevelopment areas designated for improvement. The agency permits cities and counties to issue revenue bonds that pledged the incremental property tax increase to be used for the retirement of debt. The TIF is used to finance land acquisition, infrastructure, and parking improvements.
Eligibility Requirements:	Must be an approved redevelopment area.
Geographic Restrictions:	Statewide
Granting Authority:	State of Florida
	163.330-450

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.