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• <br />�ITH <br />AT <br />IS T <br />A� <br />IN <br />�R <br />EM E <br />NT <br />�C� � <br />N TI l�T UED <br />4. THE TAX INCREMENT ($90,00o IN THE EXAMFL <br />GENERATED BY THE DEVELQPMENT E} <br />T4 ASSIST THE DE�IEL pER y� GAN $E USED <br />4R PAY FQR CITY AN' ITH THE rRpJECT <br />D PUBLIC IMPR4VEMENTS, <br />5. THE RESULT IS THAT THE DEVELQPER IS <br />PAYING FC�R THE PRQJECT, N4i THE GENERAL <br />PUBLIC, <br />6. THE CITY CAN BQND Tp ASSIST A PROJECT <br />(THE INCREMENT PAYS OFF THE BQND QR A <br />CITY CAN USE A `PAY-AS-Y } <br />UU-GQ' APpRaACH <br />• FQR THE PROJ�CT, IN MQST INSTAN�ES, <br />RC�SEVILLE HAS ADQPTED A 'FAY-AS-YOU-GO' <br />AS IT IS VIRTUALLY RISK FREE TC) THE CITy, <br />�• ��N'� RAN�E EFFECT: <br />� ENABLES THE GC�MMUNITY TQ �2EDEVELOP <br />AND ELIMINATE pLD pR BLIGHTEI7 ARE.AS, <br />� ENHANCES TAX BASE FQR TQTAL CaIVIMUNITY <br />AS THE DISTI2ICTS ARE RELEASED, <br />� PR4VrDES JQBS AN� ECQ�IT4MIC' VIT,A,LI'�Y <br />TC� THE COMMUNITY, <br />� ENHAnTC]ES PRQPE�2TY �l'ALUES IN THE <br />CUMMUNITY, <br />�J <br />