Laserfiche WebLink
RESOLVTION <br />LINKING TH£ USE OF TAX INCR�MENT FINANCING TQ OPEN SPACE <br />DEDICATION I1V'THE TWIN LAKE REDEVELOPMENT AREA. <br />WHEREAS, the �ity of Roseville is extremely in�erested it� <br />�edeaeloping the Twin Lakes - Caunty Ro�d C are� o� the C�ty, and <br />� <br />WHER��S, the City has formulat�d � majo� r�development pl$n for <br />the Z'�ain Lakes area and, <br />t�THE�EAs� th� city i� desirous of maintaining opez� spaco ,in thQ <br />Twin Lal�es r���d��elopm�rrt arga <br />NOW, �HEREFORE, �1E Im R�SpLVED, that if tax incremen� fi�anc�nc� <br />assistance is r�c�uested from th� city by �► particul�r �i�velop�� <br />� in ,the .'Twin I,a,kes 1�r�a, the City will r�c�ui�e � la� l�nd <br />ciedicatio� o�r �quivalent casi� con�ribution �or op€�n s�ac� <br />pur�aos�s and <br />BE IT FURTH�R RESOLVED, that th� City m�y w�iv� thi� requfr�ment <br />if �he developer privat�l�r s�ts �side �0� of the pr�opose�i pro'ect <br />for open space purpos��. � <br />� <br />�! <br />