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Parkway and other improvements; and remaining decisions in how to fund the remaining $4 million in transportation improvements needed. Mr. Culver reviewed other options available besides TIF, including assessing benefitting properties, using Municipal State Aid (MSA) dollars, which would affect and impact their use for other roadway maintenance, or use of General Fund dollars. At the request of Member Cihacek, Mr. Culver reviewed pros and cons of using assessments versus TIF and the methodology in identifying and assigning costs per parcel, as some would benefit more than others. Mr. Culver reviewed State Statute requirements and the process under Chapter 429 for assessing those benefits; and the geographic district already established for TIF, and remaining $800,000 estimated in that TIF Fund that was already committed to the project. At the request of Member Wozniak, Mr. Schwartz advised that staff would need to research and report back to the PWETC on whether or not it would be feasible or prudent to extend the TIF District for additional years. Member Wozniak stated that he was concerned about assessments to properties discouraging development, but would not rule it out completely if there was benefit to properties, and no other options were available. Mr. Schwartz clarified that developers were asked to contribute to improvements as part of a Development Agreement for each property, provided their development project triggered such a process and allowed the City some leverage. However, Mr. Schwartz noted that there was not a consistent process in place for those developments requiring them to install or improve infrastructure unless those triggers were met. Member Seigler noted that the Twin Lakes Redevelopment Area represented one of the last primer areas of real estate in Roseville. Mr. Culver concurred, however, he noted that any site in Roseville could be subject to redevelopment given the right opportunity; and while little virgin land was available in Roseville, there were large areas suitable for re-use and redevelopment, even though the Twin Lakes area provided a good opportunity to start from scratch, but dependent on those uses refreshing on their own, since the City could not force redevelopment. However, Mr. Culver opined that, over time and as land values increased with more development occurring around existing uses, the land values would increase even more and it would then make sense for those property owners to redevelopment their parcels. At the request of Member Seigler, Mr. Culver briefly reviewed the methodology in using TIF, with tax captured on the original use and multi-year deferment of the improved property without any payback while still having increased service and maintenance needs to address, creating additional demand for services on the General Fund that were not being funded. Page 9 of 15