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2004_0315_Packet
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2004_0315_Packet
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Table of Contents: <br />What is Tax Increment Financing? ...................................................2 <br />The Public Approval Process ........................................................... 3 <br />Tax Increment Needed to Encourage Reinvestment in Developed <br />Cities..................................................................................................3 <br />Reduce Sprawl. Support Schools & Encourage the Use of Existing <br />Services.............................................................................................. 4 <br />Roseville's TIF Policy ........................................................................ 5 <br />Roseville Has Reduced the Number of TIF Districts ....................... 5 <br />What TIF Has Done for Roseville ...............................................�.,.�., 6 <br />Twin Lakes Situation ......................................................................... 6 <br />Why Twin Lakes Needs TIF ............................................................... 6 <br />TIF Can Help the Environment and the Economy ........................... 7 <br />The Problem: Why Development Doesn't Pay in Brownfields ......7 <br />Suggested Legislative Remedy ........................................................8 <br />How Special Legislating Can Help ...................................................8 <br />What are Other Alternatives ..............................................................8-9 <br />The Benefits of Investing in Twin Lakes ..........................................9 <br />Why is TIF Public Policy Important? ................................................9 <br />
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