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2. The Development District suffers from a lack of necessary streets, utilities and site improvements <br />essential to preparing and making sites available for meaningful development. <br />3. The Development District requires active promotion, attraction, encouragement and development <br />of economically sound commerce through government action for the purpose of preventing <br />mergence and continuation of blight and the occurrence of conditions requiring redevelopment <br />4. The Development District contains vacant, unused, underused and inappropriately used land. <br />Therefore, the City has determined to exercise its authority to develop a program for improving the <br />Development District to provide impetus for private development and redevelopment, to provide decent <br />housing to residents, to maintain and increase employment, to provide infrastructure to serve citizens and <br />employees of the City, to utilize existing land for potential redevelopment and to provide other facilities as <br />are outlined in the Development Program. <br />The City has also determined that proposed developments to be assisted by the City would not occur solely <br />through private investment in the foreseeable future. The City finds that the welfare of the City , as well as <br />the State of Minnesota, requires active promotion, attraction, encouragement and development of <br />economically sound industry and commerce to carry out its stated public purpose objectives. <br />The City has also determined that any tax increment financing plans to be proposed herein will be consistent <br />with the Development Program, and that the tax increment financing plans will afford maximum opportunity, <br />consistent with the sound needs of the City as a whole, for the development or redevelopment of the <br />Development District by private enterprise. <br />Subsection 1-4. Statement of Objectives <br />The City determines that it is necessary, desirable and in the public interest to establish, designate, develop <br />and administer the Development District. The City determines that the establishment of Development District <br />No. 7 will provide the City with the ability to achieve certain public purpose objectives not otherwise <br />obtainable in the foreseeable future without City intervention in the normal development process. The City <br />seeks to achieve the following program objectives: <br />1. Promoting and securing the prompt development of property in the Development District in a <br />manner consistent with the City's planning and with a minimal adverse impact on the <br />environment, which property is less productive because of the lack of proper utilization and lack <br />of investment, and thereby promoting and securing the development of other land in the City; <br />2. Promoting and securing additional employment opportunities within the Development District <br />and the City for residents of the City and the surrounding area, thereby improving living <br />standards and preventing unemployment and the loss of skilled and unskilled labor and other <br />human resources in the City; <br />3. Securing the increase in value of property subject to taxation by the City, Independent School <br />District No. 623 and Ramsey County, and any other taxing jurisdictions in order to better enable <br />such entities to pay for public improvements and governmental services and programs required <br />to be provided by them; <br />City of Little Canada <br />Development Program for Development District No. 7 1-3