HomeMy WebLinkAbout11/8/2013 DMCC Board Meeting - Estimated Timeline60 Day
Pubic Review
Period
$200 M + In Private Investment
Likely To Occur in This Period
ESTIMATED TIMELINE
DEVELOPMENT PLAN PROCESS AND INVESTMENT THRESHOLD
Effective Date
June 30, 2013
Private Investments Start
To Count Toward $200M
1st Reporting Period
By April 1, 2014
Certify Private Investment
for Preceding Year (2013)
2nd Reporting Period
By April 1, 2015
Certify Private Investment
for Preceding Year (2014)
State Investment
Available with
Certification of $200 M
Threshold - A Mix of
State/City/County
Revenues
Required Going forward.
Development
Plan
Adopted
(Tentative)
Subconsultants
Selected and
Retained
Development
Planning Period
Timeline Summary
The DMC Development Plan is a strategic plan that identifies development, phasing and funding priorities over 20 years
The $200 M threshold investment, and investments going forward, are measured based on private investment for preceding year
The State Investment is not available until the next biennium budget (2015)
Going forward, the bond issuances require a mix of funds, it cannot only be from the State Investment
2nd QTR
2013
3rd QTR
2013
4th QTR
2013
1st QTR
2014
2nd QTR
2014
3rd QTR
2014
4th QTR
2014
1st QTR
2015
2nd QTR
2015