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1990_1210_packet
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1990_1210_packet
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11/10/2011 3:13:55 PM
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IrIf <br />a <br />Development of the property in the Project Area will use the <br />0 <br />r-ollowing general guiod,el,iones: <br />Development of' the Project Area 'in, accordance with this <br />61 <br />4,e Not to discriminate on the basis of race, color sex, <br />V I I <br />creled, or, national origin on the lease or occupancy of <br />the Development, ., <br />&IMINLO <br />It 'is hereby dieterm ined by the, City that the above <br />lo,'levelopment and related financing structure ident 'if ied in this <br />0 q <br />[*-Ilan meet public purpose objectives., The findings and basi's for <br />this determination are, as followsi <br />2. T'hei addietion of 14,o5i acres of land for parkland <br />10 <br />purposes will, create an effective buffer, screen and/or <br />9 <br />transition between residential and non-residential <br />usies. It will, also contribute to the general health <br />and public welfare of the community by providing <br />additional opportunittles, for recreation. <br />I I <br />For tihe City to undertake 'in assistinq a Developmentl the <br />use of tax increment financing may be considered. in this <br />Si <br />instance, it is, the intent, of the City to ut'-1 40 <br />1 Ize tax increment <br />8 <br />
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