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unemployment and the loss of skilled labor and other human resources in the City; secure the increase of property subject to taxation by the City, the County, Anoka-Hennepin independent school district No. 11 and other taxing jurisdictions in order to better enable such entities to pay for public improvements and governmental services and programs required to be provided by them; secure the construction and provide moneys for the payment of the cost of public activities or improvements in Development District No. 1, including site improvements and installation of utilities, which are necessary for the orderly and beneficial development of the Development District; o promote .the concentration of appropriate development within Development District No. 1 in order to maintain the area in a manner compatible with its accessibility and prominence in the City; encourage local business expansion, improvement, development and redevelopment, when compatible with the Development Program; and create a desirable and unique character within Development District No. 1 through quality land use alternatives and design in new and remodeled buildings. Through the sale of bonds in 1987, the City has provided funds for certain site improvements, including ponding for storm water management, soil correction, landscaping, fencing, security lighting and site grading within the Development District. The City has made public improvements in the form of streets and an extension of water and sanitary sewer to a portion of the Development District designated for industrial development. In addition, the City plans to construct a well and water storage facility within the Development District for public use, primarily properties within TIF District No. 2. The City will also fund land acquisition and site improvement costs have been paid for a multifamily housing project proposed for Lot 2, Block 1, Oxbow Addition. These costs will be paid from the sale of additional taxable and tax-exempt bonds. The City further plans to fund extension of water and sewer for residential development within TIF District No. 5, with costs paid by special assessments and sale of tax-exempt bonds. In addition, the City will fund site improvements for a commercial development in TIF District No. 5, and park improvements in the River's Bend development in TIF District No. 1. D. Environmental Controls It is anticipated that no development within the Development District will present major environmental concerns. All City actions, public improvements and private development will be carried out in a manner which will comply with applicable environmental standards.