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I <br />MAR 23 189 B:44 eS25 CDINBR'OOK <br />Suxnmary of Tax Increment Financling, BI'll <br />PAGE-, Oi9 <br />Kirch 3, '1989 <br />Ni Se 6 <br />The knock-down riults, are, dempcid to 'nsure that increment is gencratc-d by new development, railier than simple <br />W, <br />Mation In, real, estate, values. Relatively die, mi'niii levels, of acton'ty (such as, ricpaying an adjaic,ent :street) un <br />Satisfy thisi development activity requirement under present law. The amendment itighticins the clicAnitionis by <br />requirL'i actual *=PTOVC.MCCt of Sites to occur, riathcr than ilastallation of streets or uthidei Viis chainge %0 1 11 <br />also make !it more difficult to use, to finance street and utHityiMprovements which more appropriately shouil,id <br />be Paid with sipei6lal, mossments, or city goncral funds. <br />