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2019.04.03 EDC Packet
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2019.04.03 EDC Packet
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<br />redevelopment whenever possible. <br /> <br />7. Create a desirable and unique character within the Project Area through quality <br />land use alternatives and design quality in new and remodeled buildings. <br /> <br />8. Encourage and provide maximum opportunity for private development or <br />redevelopment of existing areas and structures which are compatible with the Program. <br /> <br />9. Create viable environments which will facilitate and enable the construction, <br />upgrading and maintaining of housing stock, maintaining housing health and safety quality <br />standards, and maintaining and strengthening individual neighborhoods. <br /> <br />10. Stimulate private activity and investment to stabilize, enhance and balance the <br />City’s housing supply. <br /> <br />11. Eliminate code violations, remediate environmental contamination and <br />eliminate nuisance and other negative conditions that adversely affect neighborhoods <br />or are obstacles to the objectives of the Program. <br /> <br />12. Revitalize property to create a safe, attractive, comfortable, convenient and <br />efficient area for residential use. <br /> <br />13. Create and reinforce a sense of residential place and security which creates <br />neighborhood cohesiveness through City investment in neighborhood infrastructure <br />and public improvements, including landscaping, park improvements, local street <br />modifications to reduce traffic impacts, street construction or repaving, curb and gutter <br />construction or replacement and streetlight installation or updating. <br /> <br />14. Encourage infill development and redevelopment that is compatible in use and <br />scale with surrounding neighborhoods. <br /> <br />15. Rehabilitate existing housing stock and preserve existing residential <br />neighborhoods wherever possible. <br /> <br />16. Demolish and reconstruct, where necessary, aging residential buildings to <br />preserve neighborhoods. <br /> <br />17. Remove substandard structures. <br /> <br />Subsection 1.5. Public Improvement Costs <br /> <br />The estimated public improvement costs and the amount of bonded indebtedness, including <br />interest thereon, to be incurred for the benefit of and within the Project Area are set forth on Exhibit <br />1-C. <br /> <br />(AS MODIFIED APRIL 23, 2019) <br /> <br />The estimated public improvement costs and the amount of bonded indebtedness, <br />including interest thereon, to be incurred for the benefit of and within the Project Area are <br />collectively set forth in the respective TIF Plans within the Project Area. <br />
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