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• <br /> Tax Increment Financing in Minnesota <br /> inimismemommemiza • <br /> City cannot afford to have parcels in such TIF districts with_no <br /> development expected in the near future. <br /> Level of Assistance <br /> A. How much funding does the City wish to commit to the <br /> project? <br /> • Demonstration by private parties of need for'eve! of TIF <br /> assistance <br /> B. Mandatory imposed limitations <br /> • Statutory duration of the district <br /> • Tax capacity rate ceilings <br /> C. Discretionary imposed limitations <br /> • Term of TIF district shorter than maximum permitted • <br /> • Nature of expenditures <br /> • . Do they lead to taxability and therefore higher <br /> • interest rates yielding lower net bond proceeds? <br /> • Pace of development <br /> • How soon will development occur? <br /> • Fiscal disparities option on c:,mmercial=inuij rias <br /> developments in the Twin Cities Metropolitan Area. <br /> • <br /> • <br />