The policyis intended to require the city's redevelopmentstaffto provide more information to council members votingonprojects, including forecasts on the status ofcurrent and pendingprojects twice a year.
Somecouncil members have been concerned that the devicehas beenoverused in recent years. Minneapolis has 71TIF districts whichcontain more than 14 percent ofits property-tax capacity, comparedto the stateaverage of 8.1 percent last year.
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