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Roseville's T/F Policy: Roseville uses TIF for the following: • encourage and enhance individual choice in jobs and in housing to fit our citizens needs • encourage and enhance economically strong, stable job producing commercial and industrial projects within the city which will create head of household employment opportunities • provide housing affordable to our residents • provide life cycle housing opportunities • provide for pollution abatement and soil correction • protect and enhance natural resources • protect individual and community property values by redeveloping blighted buildings, land and public infrastructure. The City uses tax increment financing investments as a tool to accomplish this policy. The City is proactive in forming government collaborations and leverages private investments on sites where a project would otherwise not be financially feasible. A developer or business must demonstrate that the project as proposed cannot be built without the use of a public investment incentive hence meeting the "but for" test. Each project is evaluated on a case by case basis. What TIF Has Done for Roseville - In the past, redevelopment within Tax Increment Districts in Roseville has generated nearly $200 million in new market value', thousands of jobs have been created, and the region has access to improved public infrastructure. Roseville will remain conservative in its use of Tax Increment but TIF is one of the few public tools that are critical to facilitate new investment and redevelopment, especially in the older industrial areas such as Twin Lakes.