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<br />March 21, 2005 <br />Page 2 <br /> <br />comply with the provisions of Section 1, 2, 5, 6 and 7 of the Policy <br />and will view and favorably consider tax increment financing <br />applications that comply with all provisions of the Policy". <br /> <br />4. As drafted, the Policy contains a comprehensive set of standards and <br />criteria which need to be satisfied by anyone who applies for any type of <br />public financing, and in particular, for tax increment financing. These <br />standards and criteria should give the City adequate discretion on when it <br />will approve a public financing package for specific development <br />proposals within the TCAAP site. <br /> <br />If you have any questions, please contact me. <br /> <br />Very truly yours, <br /> <br />Jerome P. Filla <br /> <br />JPF:jtc <br />Enclosure <br /> <br />. <br /> <br />. <br /> <br />. <br />