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L.'►•r OFFICES <br /> BRIGGS .A.vD MORGAN <br /> 1.noru_ssIONAL AS.S`OcIA:1-101+' <br /> 3300 YZR NAF ONAL ItANZ _BUILD/NG <br /> SAINT FA UL,.MINNESOTA 65101 <br /> • <br /> TELEPH ONE fe131 32 i-edoO <br /> FACSI.mCtLE (9121 223.5440 <br /> &ITFBS DIRLCT DLaa. ,T }328 <br /> July 23, 1996 ,aLvvEwroLXS O' cz <br /> 0400 ID.. c7arma <br /> (612) 223-6420 uLis.a11rrNEsoz.8asoa <br /> TZLZWEI ONE 1304VID4•61400F.&cm(ILE!duo G4 -8es0 <br /> VIA TELECOPY AND REGULAR MAIL, <br /> Cathy Bennett <br /> Economic Development Coordinator <br /> City of Mounds View <br /> Mounds View City Hall <br /> 2401 Highway 10 <br /> Mounds View, Minnesota 55112-1499 <br /> S <br /> Dear Cathy: <br /> I am writing in response to your letter to me of July 16. You <br /> draft of the Tax Increment Poli u asked for any <br /> comments I might have on the <br /> letter. Policy which accompanied your <br /> My general view of policies, whether for tax increment or <br /> concern, is that while it is a good idea to attempt to formulate them it is also <br /> difficult to came up with policies that will anticipate any other area of public <br /> difficult <br /> tot co P and sift out the projects which extremely <br /> ort and exclude the ones which it doesn't. I think the reason for this is simply <br /> that there are so many intangibles and relevant factors, 1 hich the City <br /> ect <br /> to project- It's also difficult to anticipate which facto which can vy <br /> decisive ' factors will turn outto beesignificant or <br /> in a particular circumstance. <br /> The Policy, through its point system, seems to emphasize such things <br /> levels, tax base, and certain n as jobs, wage <br /> analysis of a proposed tax increment S Of course, those are all very valid criteria in any <br /> project. <br /> At the same time, it has been <br /> benericand needful of assistance my experience that the same project maybe very <br /> context can make a large difference. For example,one city site but not nearly so in another. The <br /> times one is not nearly as concerned about what the end useversusrue Chep case <br /> the pr redevelopment epredominantgoal <br /> is <br /> 327144,1 <br />