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5. HRSR 11-05-2012
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5. HRSR 11-05-2012
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11/2/2012 10:05:31 AM
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11/1/2012 4:36:43 PM
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City Government
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HRSR
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11/5/2012
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13. Explore mechanisms to continue to communicate the f,,— - 1 <br /> redevelopment/expansion successes created by Granite ,, <br /> -j k ► <br /> Shores,Jackson Place,The Bank of Elk River and River's '' I IJ : <br /> Edge Commons Park and the reinvestment they ill 11 <br /> represent. <br /> 14. Capitalize an HRA Redevelopment Fund annually and ili III!l <br /> develop criteria for the selective acquisition of key ,,.. <br /> redevelopment parcels. ""' <br /> 15. Identify current property owners'interest in <br /> redevelopment efforts and assist them by working with ""` ` uo+ �, .et <br /> the development community to achieve shared objectives. s <br /> P ty ®I t .- -� J� <br /> 16. Establish a special taxing mechanism to capitalize an <br /> improvement,maintenance,and incentive fund to <br /> support the downtown businesses and the infrastructure , ; V i 4R So <br /> that supports them. <br /> Iv <br /> 17. Consider a tax increment finance district(s), as '� <br /> appropriate,as a way to leverage private investment. The < ' <br /> City will actively seek additional public and private <br /> funding sources to secure redevelopment objectives in the <br /> t <br /> area. <br /> 18. The Historic Preservation Commission should explore a <br /> , <br /> historic context study for the blocks on the north side of ` ,, °` ; <br /> Highway 10, south of 4th street,west of Gates. <br /> Draft as of November 5, 2012 - Part II, page 15 - <br />
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