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e. Support the development of projects that promote the health of city residents. <br /> 7. Placemaking and the Built Environment: Promote an attractive public realm that <br /> preserves and enhances the City's history and built environment. <br /> a. Support walkable urban development. <br /> b. Encourage urban design that creates or enhances a sense of place, provides <br /> vibrancy, incorporates arts and culture, and fosters safety. <br /> c. Integrate parks and trails into the city using urban design principles. <br /> d. Prioritize projects that preserve and rehabilitate existing buildings over ones of <br /> new construction. <br /> e. Support development that is context sensitive and conserves the historical, <br /> architectural, and social fabric of the City. <br /> 8. Education & Training: Provide educational and training opportunities that support people <br /> of all ages to participate successfully in the economy. <br /> a. Ensure a strong match between job skills among the population and present and <br /> future needs of employers. <br /> b. Partner with organizations and institutions to enhance educational opportunities <br /> for youth from early childhood, pre-K to Grade 12, post-secondary and higher <br /> education. <br /> c. Partner with organizations that offer internships, co-ops, apprenticeships, <br /> continuing education, lifelong learning, and other job training programs. <br /> 9. All other projects and purposes permitted by law. <br /> Tax Increment Financing ("TIE") District <br /> The South Bend Redevelopment Commission may implement the use of TIF within a <br /> redevelopment area or economic development area pursuant to state law(I.C. 36-7-14). <br /> TIF allocation areas target areas needing redevelopment and economic development areas in <br /> order to transform them into viable areas making the community more appealing and attractive <br /> for economic development, which creates a better quality of life for the districts' residents. TIF <br /> allocation areas are powerful and effective tools that may provide financing for infrastructure <br /> improvements within redevelopment projects which may, in turn, entice market dollars back <br /> into economic development areas and areas needing redevelopment, including abandoned and <br /> dilapidated areas. The lifespan of a TIF allocation area varies based upon the time of its creation. <br /> TIF creates revenues for improvements without raising taxes, offers incentives for businesses <br /> and developers, and builds communities. TIF works by capturing additional property tax revenue <br /> due to the revitalization of a designated area. The base assessed value of the year in which the <br /> TIF allocation area is established is used as the base year, and tax revenues generated due to the <br /> increase in assessed value over the base year assessment of properties within the TIF allocation <br /> 5 <br />