The City Council decided April 30 to postpone a decision about whether to authorize Centre City Development Corporation (CCDC) to launch a study that would determine if the agency’s tax increment limit could be lifted in order to fully fund the city’s planned redevelopment projects. When CCDC was formed in 1992, state law set two limits on the agency: the tax increment limit, which allowed CCDC to collect up to $2.9 billion for redevelopment projects, and a time window that would run out in 2033. CCDC officials now estimate that the monetary cap will be reached in 2023, leaving approximately 70 projects in the city’s community plan unfunded, said Councilman Kevin Falconer, who represents the downtown region. If the cap is not lifted, CCDC will dissolve and all unfinished obligations of the community plan will fall back under the jurisdiction of the city and the general fund, said Derek Danziger, CCDC’s vice president of marketing and communications. The council will revisit the issue at a meeting scheduled for June 22.