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Irwin Lakes Public Finanrcial Participation Framework <br />Since 1988, the Citv of Roseville has worked <br />to spark investment in the 275 -ak"Ire 'Fwin <br />_,akc-s Redevelopnient Areca. The Cit ' y <br />Ini"fiated the creation. of a Master Plan for the <br />area,, which has been updated several t1files <br />since its ine,"-Aeption, Over tirne, -the hinportance <br />of this project has becon-ie deeply rooted <br />within. the community, which is demonstrated <br />by the ad i on of T. win Lakes Master Plan. <br />into the Clity's Comprehensive Plan. <br />Area. <br />Twin Lak6001 ic FinancigilftrUcip6W Determination <br />q Lie i al as§istancel, -non strate (to be verified b,%.-- <br />For all PrqJ:� st ng fin the requestor mUst dei <br />o e <br />is U111 k.� ly t prod without the infusion of City funds. Beyond need, <br />the City) that the Pr t. <br />developers must de. <br />'trate <br />w their project will. advance the city's overarching objectives, <br />On the fiollowing pa0_eA"ht corn MUnity objectives and twenty-three scorin try b <br />9 c rtt y <br />l- <br />e <br />whic.h to measure poi ent.Wachievement of these objectives. Th ctives include a rnix of <br />uses', enhanced aesthetics, erivironmental quality and sustainability. relationship to parks, transit <br />and transportation options, diverse ernployment opportunities, diverse tax base, and diverse <br />housing options, In order for the City to consider financial. assistance for an. individual project, <br />the project must work toward achieving one-third of scoring criteria (eight criteria) within at <br />least fir of the objective categories. <br />Page 1 DRAFT: 2/13/2008 <br />