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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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10/18/2012 2:43:25 PM
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• The public sector investment plan must include a variety of funding <br />sources — dependence or over - dependence on one public funding source <br />will undercut the long term plan. <br />B. PROJECT MISSION /OBJECTIVES <br />The mission is to achieve the economic revitalization and physical <br />redevelopment of the Sample -Ewing Development Area as an attractive, safe and <br />viable urban area for people, households, businesses and institutions. A <br />comprehensive set of more specific goals related to this mission follow: <br />1. Increase the tax base. <br />2. Increase the amount of residential, commercial, and industrial <br />investment. <br />3. Stabilize and revitalize the residential neighborhoods. <br />Related to these goals are a series of objectives. Some of these objectives <br />apply to the whole project area. Other objectives, as identified, apply to the unique <br />challenges and opportunities facing the individual sub -areas of the Sample -Ewing <br />Development Area. The area -wide objectives are to: <br />1. Create and maintain a strong private /public organizational framework in <br />which to develop and implement redevelopment and revitalization <br />strategies, programs and projects. <br />2. Establish and maintain a consistently high level of quality in design and <br />materials for new construction and rehabilitation projects, public space, <br />landscaping, lighting and signage. <br />3. Increase the level of private investment and reinvestment. <br />4. Improve the overall neighborhood environment, including the physical, <br />social, economic, community and public safety conditions. <br />5. Strengthen the residential areas by improving the housing stock and <br />increase the housing opportunities for all neighborhood residents <br />regardless of income levels, household makeup, or age. <br />12/17/93 <br />
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