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• All engineering related to the design and construction of physical facilities in the City including preparation of plans, supervision and inspection. • Maintenance of streets, including sweeping, traffic signs, signal maintenance, patching, snow removal and storm sewer maintenance. • Operation, maintenance and repairs of all water mains and sanitary sewer mains within the City. Repurchase Agreements An arrangement with a bank or securities dealer in which an investor acquires certain short -term securities subject to a commitment that the securities will be purchased by the bank or securities dealer on a specified date. Special 10 Fund A fund used to account for the 10% tax on net gambling profits that the City of Roseville collects on lawful gambling. Special Assessment A levy made against certain properties to defray all or part of the cost of a specific capital improvement that benefits primarily those properties. Special Revenue Fund A fund used to account for the revenues from specific sources. They are usually required by statute, ordinance, or administrative action to finance particular activities of government. The City of Roseville special revenue funds are: Recreation, Telecommunications, Wireless, Community Development, License Center, and Charitable Gambling. Street Overlay Resurfacing a street by grinding off the top layer and laying down new asphalt. Streetscapes Beautification of streets through landscaping, raised medians, or street lighting. Surface Water Management Plan A plan required by the State Board of Water & Soil Resource to provide for adequate drainage in the City to prevent flooding problems and to preserve water quality. Tax Capacity Rate (TCR) The rate that is applied against the net tax capacity of a property to arrive at its tax billing Tax Increment See Economic Increment Tax Increment Bonds (debt) General obligation bonds issued by the City of Roseville to finance the economic and recreational projects. Tax Increment Districts A geographic area defined by the local government in accordance with state statutes. The area will be subject to redevelopment as a tax increment project. Tax Increment Financing (TIF) A method of financing by which improvements made in a designated area are paid by the taxes generated from the added taxable value of the improvements. Tax Increment Hold Harmless Provision A provision within state statutes that provides state aid to those tax increment districts whose revenues decrease due to state statute changes. Tax Increment Pooling The combing of dollars from several tax increment districts that may be leveraged for the benefit of all such districts. VI -14