3:16:41
So similar to what we do with tax increment financing, for example, And we really want to see with all of these Where, again, there is a president set where we may offer a certain incentive to a developer because we know that over the course of the project that the revenue generated by a better use through property tax increases will allow the city to actually recoup those funds in the future.
3:16:41
So similar to what we do with tax increment financing, for example, And we really want to see with all of these Where, again, there is a president set where we may offer a certain incentive to a developer because we know that over the course of the project that the revenue generated by a better use through property tax increases will allow the city to actually recoup those funds in the future.