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4. Demonstrates the ability to encourage unsubsidized private development through <br /> ��spin off' development. <br /> 5. facilitates the developi-nent process and achieves development on sites that would <br /> not develop "but for" the use ofTlF. <br /> 6, Removes blight and/or encourages redevelopnient of cone mercial and industrial <br /> areas resulting ill high quality redeveloptrictit and private rcinvcstri-icrit. <br /> 7. Offscts redevelopment costs (i.e. contanunated site cleanup) over and above the <br /> costs nortnally incurred in development. <br /> 8. Aids the itnplcinci-itation of the AlissiSSippi Conneclions Plan. <br /> Policy Statements <br /> 1.. The primary intent ofTlF is direct funding for public improvements and secondarily <br /> for developer assistance. <br /> 2. The use offlFshall be in accordance with state law. The more restrictive language <br /> will apply when a conflict exists between this poky and state law. <br /> 3. Projects insist be consistent with the Colifprehensh.,e Plan and/or the Mifsissz. pi <br /> C,willeclions Plan. <br /> 4, Projects, must be consistent with the Strategic Plan for Econonuic, Development <br /> and/or the most recent Housing Study. <br /> 5. Preferred projects promote the conipletion, of major public inaproveinent projects <br /> within the city such as the installation of trunk sewer and water lines and major <br /> transportation projects. <br /> 6. The level of assistance provided will be determined oil a case-by-case basis as <br /> referenced in Public purpose. <br /> Based on the extent tel which the project achieves the policy statements (1-6 above), the ciry <br /> will consider TlF for projects in the following categories: <br /> • Nlanu fa ctu ring <br /> • Major office w archouse/prod uctio n facilities <br /> • research and development <br /> • Commercial projects encouraging substantial redevelopment of substandard <br /> properties <br /> • Housing needs identified in the most recent city housing study <br /> a <br />