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1988_0119_packet
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1988_0119_packet
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12/1/2011 11:51:54 AM
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SI 4 <br />Areas 'in which tax increment: assistance can be provided for <br />a <br />commercial purposes include the 35W corridor (east and west <br />side), the new B-2 bridge corridor between 36 and County <br />Road Cr w' new County Road C study area. <br />The City will continue 4;.-o encourage intens ity i,n, the <br />targeted area. In instances where proposals do not meet <br />Vi <br />City guidelines for i'ntensi t they shou,ld, not, be <br />encouraged. Intensity "is defined a,s those items relating tift. <br />square footage, tax base, and employment, <br />IIIIII'M MOOTON-M now <br />WO Owl <br />Based on the fact that the City has made a multiplicity of <br />0 0 <br />housing types a ma3or priorityr ta,x increment will be <br />considered anyAh-e-rg throughout the City, "if deemed <br />4 <br />appropriate by the City Council, for housing purposes., <br />The City's preferred: meth,od,s will. continue to be the pa,y-as- <br />vou-go approach, and the; loan approach. Pay-as-you-go doles <br />not involve the issuance of' any bonds, and thus eliminates, <br />the City's exposure in any particular deIa,l,, <br />
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