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(11) The Project will make significant contributions to the City's tax base <br /> through (a) the increase in property tax increment generated through the <br /> construction of the project; (b) the increase in sales tax in the immediate <br /> area through the creation of demand for local retail services caused by the <br /> increase in local employment; and (c) the increase in local hotel tax <br /> generated when Project visitors stay at adjacent hotels. <br /> <br /> -44- <br />GIDEIRFD.DOC <br />7,'23/96 5:44 PM <br /> <br /> <br />