04-11-1990 Council Agenda - Laserfiche WebLink

Home Browse Search

EXHIBIT II -B Findings relating to qualifications of Tax Increment Financing District No. 2 -1 as a redevelopment district as established February 14, 1990 The parcels consist of approximately ten acres. Within these parcels of land are single family dwelling homes and one parcel that contains a business. These parcels of land are identified by the following: * 2944 Condit Street - Approximately .29 acres. This lot contains a 1 1/2 story dwelling which has been expanded by adding a walkout from the lower level. * 2942 Condit Street - Approximately .28 acres. This lot contains a 1 story dwelling. * The parcel just to the east of the above - mentioned lots are vacant. This parcel has approximately .39 acres. 2924 Condit Street - Approximately 1.2 acres which would include 2929 Country Drive. 2920 Condit Street - Approximately .91 acres. 2888 Nadeau Road - Approximately 1.96 acres. 2828 Condit Street - Approximately 5.96 acres, less homesite of approximately .82 acres of which would not be included in Tax Increment Financing District No. 2 -1. All single family dwellings within Tax Increment Financing District No. 2 -1 are presently occupied. City records indicate that the construction of these homes took place in the early 60's. It appears that the homeowners have not let their homes deteriorate. However, some conditions would have to be addressed. The roofing, siding, and in some cases brick work and stucco work would have to be maintained. Another issue would be making the homes more energy efficient (windows, doors and attic insulation). All the extra costs would be somewhat of a burden on each homeowner. Also to include the single family dwellings are located in regards to land use and Page 34