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I <br />I <br />I <br /> <br />1. FinanCing <br /> <br />a. Grants <br /> <br />I <br />I <br />I <br />I <br />I <br />! <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> b.~ Tax increment <br />, : c.' Industrial development bonds <br /> <br /> d., City participation in costs <br /> <br /> Z. U~ilities and transportation <br /> a. Sanitary sewer-water maximizing use of land for valuation <br /> b". Provide for better class of commercial/industrial development <br /> <br />c.i Provide for easier financing <br /> <br />d.; City water will reduce insurance rate for commercial/industrial/ <br /> ', residential development <br /> <br />Collector streets <br /> <br />3. City Policy regarding economic growth <br /> <br />4. Legal <br /> b~ <br /> <br /> City zoning ordinance which has established proposed growth area <br /> Comprehensive plan which reaffirms that document <br /> <br />Utility studies completed in accordance with previous documents <br />Since township days, City has pursued sanitary facilities <br />responsibility <br /> <br /> City Attorney should explain the City's responsibility to its zoning <br /> ordinance <br /> <br /> City Attorney should explain City's responsibility to its comprehensive <br /> plan <br /> <br /> City Attorney should explain the City's responsibility to its citizens who <br /> have invested in the above stated City plans <br /> <br />EconOmic development benefits <br /> <br />ao Increase in tax base <br /> <br />b. Additional local employment <br /> <br />c. Initial economic development will fund sanitary sewer and water and <br />, will provide availability to residential areas that will develop a need <br /> <br />Page 1 <br /> <br /> <br />