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1 <br />CITE SUCH ISSUE HAS BEEN THE ASSIGNMENT OF TAX INCREMENT <br />FINANCING_ AS 1988 WAS DRAWING TO A CLOSE, THE COMMITTEE <br />PROPOSED, AND THE CITY COUNCIL APPROVED, A TAX INCREMENT <br />FINANCING PLAN WHICH ESTABLISHES A SECOND DISTRICT, <br />NUMBER 1 -2_ THE IMPACT OF THIS MEASURE IS FAR- REACHING IN <br />MORE WAYS THAN ONE SPECIFICALLY, THE PLAN STRIVES TO <br />ACCOMPLISH THE FOLLOWING GOALS_ <br />-TO PROVIDE EMPLOYMENT OPPORTUNITIES WITHIN LINO <br />LAKES_ <br />-TO IMPROVE THE CITY'S TAX BASE AS WELL AS THE <br />GENERAL ECONOMY OF CITY AND STATE_ <br />-TO ENCOURAGE DEVELOPMENT IN AREAS OF LINO LAKES <br />WHICH HAVEN'T BEEN UTILIZED TO THEIR FULL POTENTIAL <br />-AND TO IMPLEMENT CERTAIN PARTS OF THE CITY'S <br />COMPREHENSIVE PLAN_ <br />TAX INCREMENT FINANCING DOLLARS WILL ALSO BE CHANNELED <br />INTQ THE DEVELOPMENT OF SEVERAL AREAS OF THE CITY, AND <br />WILL HELP EXTEND UTILITIES TO THE CORRECTIONAL FACILITY_ <br />