TIF AND SALES TAX
FINANCIAL ASSISTANCE
APPLICATION PACKET
Part 2 of 2
CITY OF ST. CHARLES
City of St. Charles
Tax Increment Financing (TIF) and Sales Tax Assistance
Application Packet
City of St. Charles TIF/Sales Tax Incentive Application
2
Dear Applicant:
This packet is the second part of a two-part process. Once the Applicant’s proposal has been
discussed at the Plan Commission and Council Committee meetings, he / she will be given part 2
of the incentive application if the project meets the policy requirements listed in the Economic
Incentive Policy – see Exhibit # 1. This packet contains information and materials necessary for
submitting an application for either tax incremental financing (TIF) or sales tax assistance from
the City of St. Charles.
This packet includes the following:
Overview;
TIF / Sales Tax Assistance Application Instructions;
TIF / Sales Tax Application Checklist;
Prevailing Wage and Job Creation Affidavit;
Provisions Concerning Prevailing Wage Rate;
Instructions for Completing the City of St. Charles Economic Disclosure Statement;
Economic Disclosure Statement and Affidavit (EDS) Section I – General Information;
EDS: Section II - Disclosure of Ownership Interests;
Certification.
If any of these items are missing from your packet, please contact the Economic Development
Division (EDD) at (630) 443-4093.
Please note that the items in this packet are updated periodically. Please check with the Economic
Development Division or city website for updates before making a formal submission for TIF or
sales tax assistance.
City of St. Charles
Tax Increment Financing (TIF) and Sales Tax Assistance
Application Packet
City of St. Charles TIF/Sales Tax Incentive Application
3
TABLE OF CONTENTS
Page
Overview
4
TIF / Sales Tax Assistance Application Instructions