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182 development or enhance the general safety and welfare of the community, new rights-of-way 183 may be dedicated. 184 4. Incentives for commercial/industrial expansion and development. 185 The City may provide financial incentives and other forms of public assistance for the 186 retention,, development and/or expansion of commercial business and industry. The provision of 187 these forms of public assistance maybe financed through tax increment and other revenues. 188 5. Public Improvements. 189 The City may construct public improvements such as streets,, traffic signals, sanitary 190 sewer,, storm drainage, including the separation of storm and sanitary sewers,, waterlines, 191 parking, parks and open space, public attraction centers, and public safety facilities as it deems 192 necessary and desirable for the implementation of a Project. 193 6. Maintenance. 194 Maintenance of improvements undertaken by the City may include the improvement of 195 public lighting,, streetscaping,, parking, signs, traffic control devices, pedestrian improvements 196 and other improvements listed in paragraph 5 above. 197 7. Administration. 198 The City will administer the improvements contemplated by this modified Plan. 199 Findings of Public Fug 200 It is hereby determined by the City that the proposed modifications are considered 201 necessary to maintain core public services consistent with the goals and objectives outlined in the 202 Imagine Roseville 2025 process as well as established City Council priorities. It is further 203 determined that the proposed facilities and improvements are primarily for the purpose of 204 replacing existing facilities, infrastructure and amenities. Studies have indicated that parks 205 enhance the market value of homes adjacent to or near parks and generally benefit all properties 206 within the community. In addition, creating and maintaining parks stimulates the economy and 207 provides economic benefits to the community. Attached hereto as Exhibit B are articles 208 describing these benefits. In connection with the relocation of the existing fire station located at 209 Woodhill and Lexington attached hereto at Exhibit C are studies indicating the water damage and 210 mold growth in the existing fire station. 211 Proiect Financing 212 The City proposes to utilize its port authority and the powers granted to it by the state 213 legislature to issue general obligation bonds to provide for the proposed public safety facilities 214 and park system improvements described above. 215 6 208925v4