Chapter 3.14 AMENDED DONNER PARK URBAN RENEWAL TAX INCREMENT DISTRICT
Section 3.14.030 Allocation of funds - to taxing districts.
As to the West Donner Park Urban Renewal Project Sub-Area, that portion
of the taxes which
would be produced by the rate at which the tax is levied each year in such Sub-Area by or for
each of the taxing districts taxing property in such Sub-Area upon the total sum of assessed value
of the taxable property on the assessment roll for January 1, 1990, being the first day of the
calendar year preceding the effective date of Ordinance No. 91/T-9956, shall be allocated to and
when collected be paid into the Fund for the respective taxing district as taxes by or for said
taxing district into which all other property taxes are paid. The taxes so determined may be
referred herein as the "base period taxes" for such Sub-Area.
As to the Donner Park Urban Renewal Project Sub-Area, base period taxes
shall be computed in
the same manner using the total assessed value shown on the assessment role for January 1,
1987, being the first day of the calendar year preceding the effective date of Ordinance No. 88/T-7009.
As to each of the Donner Park Urban Renewal Project Sub-Area No. 1 and
the Donner Park
Urban Renewal Project Sub-Area No. 2, base period taxes shall be computed in the same manner
using the total assessed value shown on the assessment role for January 1, 1991, being the first
day of the calendar year preceding the effective date of Ordinance No. 92/U-661.
As to the Donner Park Urban Renewal Project Sub-Area No. 3, base period
taxes shall be
computed in the same manner using the total assessed value shown on the assessment roll for
January 1, 1992, being the first day of the calendar year preceding the effective date of
Ordinance No. 93/U-1657.
As to each of the Donner Park Urban Renewal Project Sub-Area No. 4, the
Donner Park Urban
Renewal Project Sub-Area No. 5 and the Donner Park Urban Renewal Project Sub-Area No. 6,
base period taxes shall be computed in the same manner using the total assessed value shown on
the assessment roll for January 1, 1993, being the first day of the calendar year preceding the
effective date of Ordinance No. 94/U-2786.
As to each of the Donner Park Urban Renewal Project Sub-Area No. 7 and
the Sioux Gateway
Urban Renewal Project Sub-Area, base period taxes shall be computed in the same manner using
the total assessed value shown on the assessment roll for January 1, 1996, being the first day of
the calendar year preceding the effective date of this ordinance. (Ord. 97/U-5422; 97/U-5271;
94/U-2786; 93/U-1657; 92/U-661; 91/T-9956)