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CC PACKET 07281992
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CC PACKET 07281992
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Last modified
12/30/2015 8:17:51 PM
Creation date
12/30/2015 8:17:35 PM
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SP Box #
30
SP Folder Name
CC PACKETS 1990-1994
SP Name
CC PACKET 07281992
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(A) The Additional Property would not be available <br /> for redevelopment without the financial aid to be sought. <br /> (B) The redevelopment plans for the area subject to <br /> the Redevelopment Plan as amended by the 1992-B <br /> Amendments will afford maximum opportunity, <br /> consistent with the needs of the.City as a whole, for the <br /> redevelopment of the area subject to the Redevelopment <br /> Plan by private.enterprise. <br /> (C) The District, is a housing district and <br /> redevelopment district as defined in the Act for the <br /> reasons set forth in previous findings by this Council, and <br /> the 1992-B Amendments do not alter these previous <br /> findings. <br /> (D) The proposed development or redevelopment of <br /> the area subject to the Redevelopment Plan, as amended <br /> by the 1992-B Amendments, would not reasonably be <br /> expected to occur solely through private investment <br /> within the reasonably forseeable future and therefore the <br /> use of tax increment financing is deemed necessary. <br /> (E) The Financing Plan,'as amended by the 1992-B <br /> Amendments, conforms to the general plan for the <br /> development or redevelopment of the City as a whole. <br /> (F) The Financing Plan, as amended by the 1992-B <br /> Amendments, will afford maximum opportunity <br /> consistent with the sound needs of the City as a whole for <br /> the development or redevelopment of the area subject to <br /> the Redevelopment Plan, as amended by the 1992-B <br /> Amendments, by private enterprise. <br /> -2- <br />
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