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measurable increase in market value that is no less <br />• than the tax increments that are utilized. We are <br />concerned whether Roseville could use tax increment <br />funds for a blighted area adjacent to an existing <br />district. Also we question whether these funds could <br />be utilized for infra-structure purposes adjacent to a <br />district. A strict interpretation of this element <br />severely eliminates a City's ability to deal with <br />blight problems outside of an existing district. <br />� <br />RECOMMENDATION: Require a City to plan (in first 5 years) for <br />other uses of increment outside of a district if it is <br />related to addressing viable blight conditions or <br />r�d�velopment goals of the City, <br />S U• Repavmen of a TIF r.nar of a Dev o e rh�n� li lin_� <br />� <br />If a City reguires the develQper to pay back �n <br />increment 1Qan, the returned fua�cis should be shared <br />with the other taxing �urisdictio�s. We ��u�,� �on�e�d <br />th�� first of all, ii thi� is done on a loan basis, it <br />allows the City to acc,�uire d�velopm�r�t funds and �hus, <br />n�� have fio rely on futux� <br />�st��lish new ciis�tricts to meet leconamic mdeva�o � tfl <br />consid�r�tions. Secondly, the City is ��n� <br />ris�k with res�ec� to th� d�velopment� ���eVe'��'�'� �� <br />l�qi�lation wouid a11ow th� other �axin ,�r�p°sec� <br />to b�nefit from th� cfty�s dev�lo ���t ��u�isdi,ct��r�� <br />sharing any oF the ir�itfal ri��, ��he �chaolmd�s� <br />and Caur��t�e should be �r�lling to sh�r� �he up �ran� � <br />with the Ci�y i�' th�� c�n s3��r� in �ha u�side b�e�Q��,��. <br />�Cai►�i��'pAmrn�. El�min��e this <br />initiall� plar� ho�r <br />�t��r bliqh��d �reas. <br />� <br />prov�si,on but �equire a �t�y �o <br />returngd Punds would b� �s�d in <br />�:��.� T�c� City has useei muni�cip�l da�r�lo�m�nt distr�cts <br />sinc� tho ince�tian of its �ax incr�r��nt �,�n��cing <br />�rog�r�m, Thie �pproa�h alloc�� Ros�ville� to �ddre�s <br />dev�lopm��t ,�n a mor� comprehensive m�nn�r as op�aased <br />�0 8 parc�l by par�el mp,�ro�ch, As lor�g as the �i�y <br />�rap�rl�' �s�� �n�rea�ent within t�e municip�,� <br />d�v�log�ment ar�a ta prQ�s�rly �ddress I�� i.u�t � n� <br />c4r�d��tion� f we see no r�ason wh� this a+��}���it�., jhoul� <br />b� gI imifla��� . <br />�3�COMMENnATION: Maintazn tt�e authority but requir� a�ity to <br />plan for th� use of p�o�.ed fur�ds the fir�t flv� <br />in t�rms aF adc�re�sir�g othe� blig�t��d condi�i,ons <br />� within the dastract. <br />