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<br /> <br />MAYOR <br />James A. Bailey <br /> <br />CITY COUNCIL <br />Clyde C. Bracknell <br />President <br /> <br />Alan L. Brenia <br />VICe President <br /> <br />Charlotte Crumb <br /> <br />Elizabeth A, Geiger <br /> <br />Robert M. Taylor <br /> <br />Nick Nichols <br />City Manager <br /> <br />Linda D. Boan <br />City Clerk <br /> <br />Thomas P. McAlvanah <br />City Attorney <br /> <br />STATE OF FLORIDA <br /> <br />City of Zephyrhills <br /> <br />PASCO COUNTY <br /> <br />5335 Eighth Street <br /> <br />Zephyrhills, Florida :B540 <br /> <br />(813) 788-2313 <br /> <br />February 23, 1994 <br /> <br />Mr. James Bingham <br />Bingham Realty, Inc. <br />7335 Gall Boulevard <br />Zephyrhills, FL 33541 <br /> <br />Re: TIF Credit for Off-Site Road Construction - <br />Oakrun Apartments <br /> <br />sir: <br /> <br />This is to confirm that the City of Zephyrhills Planning <br />Commission has recommended, and City Council has concurred <br />that the projected route for Green Slope Drive between the <br />existing Wal-Mart and your proposed Oakrun apartments will <br />be a part of a reverse frontage access road to relieve <br />traffic on u.S. 301. Construction of this road is eligible <br />for use of Transportation Impact Fees (TIF). City policy <br />provides for a credit toward the TIF assessed for develop- <br />ment which includes construction of TIF-eligible improve- <br />ments. In this instance the TIF credit would include fair <br />market value of right-of-way and actual construction costs <br />for approximately 410 ft. of a two lane collector roadway. <br /> <br />Please call me at 788-2313 if you have any further <br />questions regarding the calculations of TIF credit. <br /> <br />Sincerely, <br /> <br />,/"1)1 t ( <br />.tf,JI_.J:...<. <br />I v'--""V), ~/ <br />Nick Nichols <br />City Manager <br /> <br />bee: Roy Burnside <br />Building Official <br />