Laserfiche WebLink
(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 />