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'Revised June 28 1989 <br />U is M2at does the City, cons 111,der • ILe. a commerc Isal target area <br />11 <br />where tax increment funds can be utilized',> <br />a 01 <br />30 What is Tax,Increme,nt Policyas_i*t relates to hou i <br />s in cr? <br />Bliased on the f act that the C ity has made a multipi 1-city of <br />housing types a major prioritv. tax increment will be <br />considered, anntere througholut the City, if deemed appropriate <br />by the, City Council, for housing purposes., <br />4. What is the basic, tax "increment funding approach - we <br />The City"s preferred methods will continue to be the pay-as. <br />you-1gloi approach, and the loan approach, Pay-as�you-go does <br />not involv,e the, issuance lolf any bonds, and thus eliminates <br />the, City's exposure "in any, particular deal. <br />