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Benefits to the City of Mounds View <br />•Addresses the need for additional affordable housing beyond <br />2020, as recommended by the Met Council <br />•Increased population creates increased spending at local <br />businesses <br />•Increased interest in surrounding area for commercial <br />developers <br />•Increase tax base <br />•Creates full time jobs <br />•Initiates additional local consumption of everyday goods <br />and services <br />•Increases adjacent property values