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evidence from general past experience with the high cost of land assembly, site and public improvements, <br />• and utilities in the general area of the District (see cash flow in Appendix D of the TIF Plan). <br />3. Finding that the Tax Increment Financing Plan for Tax Increment Financing District No. 1-3 conforms to <br />the general plan for the development or redevelopment of the municipality as a whole. <br />The Planning Commission reviewed the Plan and found that the Plan conforms to the general development <br />plan of the City. <br />4. Finding that the Tax Increment Financing Plan for Tax Increment Financing District No. 1-3 will afford <br />maximum opportunity, consistent with the sound needs of the City as a whole, for the development or <br />redevelopment of Development District No. 1 by private enterprise. <br />The project to be assisted by the District will result in the renovation of substandard properties, increased <br />tax base of the State and add a high quality development to the City. <br />Through the implementation of the Plan, the City will increase the availability of safe and decent life- <br />cycle housing in the City. <br />:~ <br />• <br />