Laserfiche WebLink
1 <br />M <br />0 <br />M <br />1 <br />0 <br />1 <br />1 <br />0 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />0 <br />0 <br />1 <br />0 <br />Li I 1 LC-L-1-11V-1121-1 <br />2. Adult entertainment establishments tend to locate in somewhat <br />deteriorated areas. <br />3. Additional relative deterioration of an area follows location of an adult <br />business in the area. <br />4. There is a significantly higher crime rate associated with two such <br />businesses in an area than is associated with only one adult business. <br />5. Housing values are also significantly lower in an area where there are <br />three adult businesses than they are in an area with only one such business. <br />Similar conclusions about the adverse impact of sexually oriented businesses on <br />the community were reached in studies conducted in cities across the nation. <br />Indianapolis <br />In 1983, the City of Indianapolis researched the relationship between sexually <br />oriented businesses and property values. The study was based on data from a <br />national random sample of 20 percent of the American Institute of Real Estate <br />Appraisers, <br />The Study found the following: <br />1. The appraisers overwhelmingly (80 %) felt that an adult bookstore <br />located in a neighborhood would have a negative impact on residential <br />property values within one block of the site. <br />2. The real estate experts also overwhelmingly (71 %) believed that there <br />would be a detrimental effect on commercial property values within the same <br />one block radius. <br />-8- <br />Page 78 <br />TOTAL P.06 <br />