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5. <br />6. <br />7. <br />ECJi10i�IIC DEVrLOP!•1�NT P�LICY If��1�LL�'.�lENTAr.CION G ILDT?LINES <br />C�n the City �ool ta;� incrementa� <br />The City t��ill continu� to pool tax increments For �urposes <br />that the Council dee;ns c��orthy. Th�se pooling funds will �e <br />derived only from the available surnluses from existing <br />projects, or ne;� �rojects ;vher� a reasonable "but for" is <br />shoc�n. Proj�cts �,�ill not be creat�d as tax incremen'� <br />projects for the sole �urpos� of pooling. <br />�. .. �- . <br />- � � �- �. <br />t. .. • � . - <br />In the cas� where a significa�t project ti�ould be pro�osed <br />outside of the targeted area and it a�ould negatively im�act <br />th� development in the target area, that development shoulc3 <br />not be �ncourag�d or financially su�portec� by the Ci�y. <br />• '��! �- �" • . ,. ,� - � <br />! . .• •� • . _ � i•� � - <br />In vi�w of th� �act that thv City is serving as a major <br />source o� Financing For a numb�r oE rec]�v�lo• t <br />�. .. �men �ro�ects, <br />the City � consider alternativ� :��ays of �rorkin� with ne�� <br />proj�cts ���hich could return non t�x rev�nue ��rhile still <br />� assistiny �aid deveYo�rnents. <br />8. I�ihat is ��e City's �1 � versu� the r►arlc�t� <br />9� <br />Tn� Ci�y has receiv�d market analysis relating to hotels, <br />�7ou�ing, otfice, and of�ice service development. Th� <br />a�sor��tion �eco:nr,lendations in the stur�ies will Ue used as a <br />g�;�er. al gu ide for futur� d�vel�p;nent. In instances c�her� <br />devLlo�;n�nts nega�iv�ly ima��ct current City investments, thz <br />d�velop�r will ne re�uired to snow r�search during the <br />planning �roc�as ro the Planning Co,�mission �nd Counc�l, <br />inclicating why this t�articular develo�ment woulc] not create <br />a neg�tiv� impact on Ci�y invest�nent priorities. <br />��-' • � . . <br />Pro�osals in the city',� target a�ea wer� rec�uesting <br />financial a�sistance, �hall �e r�viez•��d but nat limit�d to <br />tl�� Followic�g arinci�l�s: <br />Incoi�orat�s u►iic�ue �lahnin� concepts, pro4•ides the raost <br />intensive us� oF tYie Ianc�, practicable, utilizes design and <br />rn�tezials tiahicn must eni�ance the quality or th� ��velo�ment, <br />anc� image of th� city, consi:]e�rs i�s c�evelot�ment im�act on <br />�h� irn;��ec�iat� area, addr�s�es a need ior r�creational and <br />culturaJ. amenities, and provides maxirnum �r�ploy;nent <br />op�ortunities and t�x bas�. Dev�lo�r,��nts not requesting <br />city �:11'lan�Lc'1.�, parcicipation �ai11 also b� encouraged to <br />