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No. 1207 designating the SEDA, declaring the SEDA to be blighted, approving a development plan and conditions under which relocation payments will be made and extablishing an allocation area for purposes of TIF
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No. 1207 designating the SEDA, declaring the SEDA to be blighted, approving a development plan and conditions under which relocation payments will be made and extablishing an allocation area for purposes of TIF
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School Studebaker School and vin <br />Ra a Park. <br />7. The main railroads are, for the most part, elevated throughout the <br />Sample -Ewing Development Area with a series of viaducts and the <br />Olive- Sample overpass. Spur lines cut through many of the light <br />' <br />industrial and warehouse areas of the Sample -Ewing Development <br />Area. And, because the Sample -Ewing Development Area is not cut by <br />the St. Joseph River, bridges and street patterns interrupted by the river <br />are not part of the Sample -Ewing Development Area's circulation <br />system. <br />' <br />F. DEMOGRAPHICS <br />Census data helps to provide a clear indication of the decline in the <br />neighborhoods surrounding the major sources of employment in the city for the <br />decade between 1980 and 1990. Further historical research traces the origins of the <br />decline to the immediate post war period. The spiral of population loss, lowered <br />relative incomes of the residual residential population, lowering housing quality and <br />eventual decreases in the housing inventory is clearly evident. <br />. ... DEMOGRAPHICS <br />1970 1980 1990 <br />Population 15,653 11,798 10,737 <br />' <br />% of City Total 12.5 10.8 10.2 <br />Number of Housing Units 5,590 4,773 4,390 <br />% <br />of City Total 12.9 10.7 9.6 <br />Median Home Value $7,970 $15,924 $22,049 <br />% of City Median 64.0 61.3 54.7 <br />Median Household Income $8,728 $11,871 $18,648 <br />% of City Median 85.3 75.7 77.3 J1 <br />As the above chart shows, there has been a continuing decline in the subject <br />area over at least the past two decades. Even though the City's population has <br />declined, the project area's population has declined even further. With respect to <br />housing units, the total within the project area has declined at an even faster rate. <br />-14- <br />12/17/93 <br />
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