In doing so, we encourage urban revitalization and discourage urban sprawl. For the first time in decades our city's population is on the rise. Increasingly frustrated with long commutes, people are searching for communities that provide alternative transportation options, pedestrian connectivity and a diverse quality of life. And we are linking these villages through better city planning, pedestrian-friendly streets, and public transportation. The private sector invests dollars, bringing jobs into the city and developing urban wastelands.
Government serves as the catalyst for action and change.
We make infrastructure improvements to support development. We back municipal bonds, issue tax-exempt financing and create special enterprise zones to make development more affordable. And, we strategize to keep federal, state, and private dollars flowing into our city. Public-private partnerships yield dividends that far exceed the benefits of any one project. With each partnership our city's renaissance gains momentum and inspires more investment.