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<br />development moratorium on all other landowners in the area. By tying up <br />the free market, the council has made it impossible for other developers to <br />propose alternatives, and there has been no open bidding or calls for <br />proposals for Twin Lakes redevelopment. So we don't know whether the <br />market could provide development alternatives that better meet the city's <br />public needs - or whether there are other developers who could redevelop <br />the area without public subsidies. There is also no way to show that "but <br />for" the subsidy the redevelopment would not occur (as state law and <br />Roseville policies require). <br /> <br />Roseville's TIF policies require that proposed projects be "consistent with <br />the City's Comprehensive Plan and zoning regulations." (City of Roseville <br />Tax Increment Policy, Section 2(10)). Minnesota law similarly requires tax <br />increment financing plans to conform with a city's plans for development or <br />redevelopment. However, Roseville's Comprehensive Plan for the Twin <br />Lakes area (as amended on June 26, 2001) specifically states that "retail is <br />not encouraged, especially large scale regional and subregional big box <br />developments." Since the proposed development includes exactly that, it is <br />inconsistent with the Comprehensive Plan. As a matter of state law and <br />sound public policy, Roseville should not subsidize a development that goes <br />against our own Comprehensive plan. <br /> <br />Tax increment financing and other public development subsidies should <br />be used only as a last resort, where the city has identified an important <br />public purpose that the free market will not support. The city should then <br />make a policy judgment about whether to offer subsidies as an incentive to <br />encourage the private sector to help provide public goods. We should not <br />treat public subsidies as business entitlements, to be given on demand for <br />market-driven projects that should pay for themselves. <br /> <br />State law requires a public hearing and specific legal findings before tax <br />increment financing is authorized. It is premature and risky for the city to <br />agree to TIF "in principle" before these legal requirements are met - the <br />city council should not promise the developers any public assistance without <br />following the law. <br /> <br />7. The proposed redevelopment does not provide any public benefit that could <br />possibly iustifv the hU2e costs to the city and the community. <br /> <br />Roseville should not offer any public subsidies for this proposal, because <br />the development will not provide any public needs that the free market <br />wouldn't otherwise support. The market has already given Roseville more <br />than enough retail and senior housing. Any public benefits from the <br />proposed redevelopment are more than outweighed by the costs and risks to <br />the city and Roseville residents. <br />