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is making an investment to achieve these benefits. <br />The taxes paid to the City by $3,000,000 of new development will cover the study <br />cost in almost two years. <br />O The City can recapture all or a portion this expense through the development <br />process either directly from financing a project or from the 10% administrative <br />expense allocation from tax increment financing districts. <br />Page 39 <br />10 <br />