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SUMMARY OF ROSEVILLE TESTIMONY <br />� , <br />Craiq Waldron - Communitv Development Director <br />1. The City has a very strict policv on TIF use. <br />a. It is limited where it can be useci. <br />b. Th� developer must justiify his/her need. <br />c. Development agreements are requfred. <br />d. Housing and commercial zedevelopment �re pric�ritie�. <br />2. Concordia and Can-American �roj�cts are in a�c�develo_,Rment <br />district. '�h� �ceg�uir�ments, 70$ �ccupied, 20$ �truc�urally <br />subst�nci�rd and �0� in ns�� o� subst�ntial �el��bil;ita�t�on. <br />T.h� d�starict, a� am�radc�d �is 80� occupi�d� 30� sub���M�ard <br />�nd 40� in n�eci oF �ub�t�n�ial r�habi�i���ion; <br />� <br />3. '�t�e C�t�r c��r€�ctly �ollows the �tatue� a� it �g���a�s �o <br />bI ig1�t . 8o�h th� b�� ��s e�to ��d ���°e t����h�� ��� <br />rc�quix°ed �o ar�alyzc� €��ch bu��c�i�g �,rrc� �o�u���d �h� <br />�p�ro���i�►�� r�por��. Ea�ch b���di�g in �h�a ���� a� �ist�ic� <br />�10 €�a�s�ily qt�,gl��igd� <br />�, Ea���h �it�� �n �sx increm�nt e� �s�ric� � l�a w� 11 Qxp�a�f �nc� <br />m��c�r d�v��lapmer�t �r �c�d�v�alopm�nt. <br />�� <br />