Redevelopment Commission Deadline for Determining Excess Assessed Valuation in TIF Districts
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Redevelopment Commission Deadline for Determining Excess Assessed Valuation in TIF Districts

Redevelopment Commission Deadline for Determining Excess Assessed Valuation in TIF Districts A major responsibility of a municipal Redevelopment Commission (RDC) is to determine the existence of excess assessed value (AV) in a local TIF district. To make this determination, RDCs are charged with analyzing financial and project reports to consider whether there is excess AV...

Fundamentals of a Contract
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Fundamentals of a Contract

Fundamentals of a Contract Years ago, many personal and business deals were made and transacted with a simple handshake. If disagreements ensued, the parties could go to court and ask a judge to resolve the dispute, hopefully, in their favor. These days written contracts are the norm and, if prepared properly, they can protect the...