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<br />MR. CASSERLY SHOULD BE MERELY REVIEWING THE <br />DEVELOPERS FINANCIAL FORECASTS FOR THE BENEFIT OF <br />PROTECTING THE CITY AND ITS TAXPAYERS FROM <br />DANGEROUS SPECULATIONS. <br /> <br />ADDITIONALL Y, OTHER CONSIDERATIONS NEED TO <br />BE CONSIDERED. THE MOST IMPORTANT WOULD BE THE <br />EFFECT ON OTHER RETAILERS IN ROSEVILLE, WHO WILL <br />BE GOING TO THE COUNTY ASSESSOR AND GETTING TAX <br />REDUCTIONS BECAUSE THEIR PROPERTY HAS SUFFERED A <br />REDUCTION IN MARKET VALUE. THAT IS ESPECIALLY <br />TRUE OF ROSEDALE. <br /> <br />THE LONG TERM EFFECTS ALSO NEED TO BE LOOKED <br />AT. HOW IS THIS GOING TO "SET" SAY 25 YEARS FROM <br />NOW, AFTER THE TAXPAYERS ARE EXPECTING TO <br />FINALL Y GET SOME TAX RELIEF FROM THIS PROJECT. <br /> <br />I URGE YOU TO REJECT THIS FINANCIAL PLAN AS <br />NOT BEING FINANCIALLY FEASIBLE. <br /> <br />OUR ABILITY TO REDEVELOP THIS AREA IN A WAY <br />THAT IS BETTER FOR EVERYONE DICTATES WE HOLD OFF <br />FOR SEVERAL YEARS TO GET WHAT WE WANT. <br /> <br />7 <br />