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Patrick Klaers <br /> Tax Increment Policy <br /> August 16, 2012 <br /> Page 2 <br /> In addition, there are other issues to consider and discuss as follows: <br /> 1. How much flexibility does the City want in a policy (i.e. do you want to have <br /> definitive yes or no's) <br /> 2. Does the City Council want staff to have the flexibility to determine what projects <br /> come before the City Council or do they want to see every request <br /> 3. What won't the City provide assistance for <br /> 4. Will the City ever waive fees (i.e. park dedication, building permits, etc.) <br /> 5. Should the amount of tax capacity captured in TI be written into a policy or just be <br /> a benchmark in practice (informal policy) <br /> 6. Should the number of years of assistance be limited (less than statutory <br /> maximum); and <br /> 7. What is the criteria that should be reviewed and/or weighted to determine if <br /> assistance should be provided <br /> I have attached a chart of criteria to consider for commercial (includes industrial projects) <br /> and housing projects to be the starting point for discussion. I would request that the City <br /> Council review prior to the meeting and have preliminary thoughts on the various aspects. <br /> Please contact me at 651-697-8506 with any questions. <br />