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3. CCSR-HRSR 09-04-2012 SPEC JOINT (2)
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3. CCSR-HRSR 09-04-2012 SPEC JOINT (2)
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9/4/2012 12:32:51 PM
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City Government
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HRSR
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9/4/2012
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12. Explore mechanisms to continue to communicate the <br /> redevelopment/expansion successes created by Granite <br /> Shores,Jackson Place,The Bank of Elk River and River's HI t <br /> Edge Commons Park and the reinvestment they 1 <br /> represent. <br /> 13. Capitalize an HRA Redevelopment Fund annually and - __ ail <br /> N,' <br /> develop criteria for the selective acquisition of key � ' I U <br /> redevelopment parcels. r <br /> 14. Identify current property owners'interest in a sLT <br /> redevelopment efforts and assist them by working with 1 1 , I 5• r. � <br /> the development community to achieve shared objectives. ' 1 i i'1. I <br /> - K . '-` <br /> 15. Establish a special taxing mechanism to capitalize an <br /> improvement,maintenance, and incentive fund to <br /> support the downtown businesses and the infrastructure • 1 t.4 <br /> that supports them. <br /> 16. Consider a tax increment finance district(s),as * ,P, mar —4 <br /> appropriate, as a way to leverage private investment. The l <br /> �P`a.NAIL8•SK„H <br /> City will actively seek additional public and private F' <br /> funding sources to secure redevelopment objectives in the <br /> area. - S A L O N <br /> x <br /> a <br /> . i <br /> i <br /> 1 <br /> Dt as of September 4, 2012 - Part II,I, page 15=7 <br />
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