The project plan shall contain:
(a) The location and extent of existing streets and other public facilities within the development area and shall designate the location, character, and extent of the categories of public and private land uses then existing and proposed for the project area, including residential, recreational, commercial, industrial, educational, and other uses and shall include a legal description of the project area.
(b) A description of existing improvements in the project area to be demolished, repaired, or altered, a description of any repairs and alterations, and an estimate of the time required for completion.
(c) The location, extent, character, and estimated cost of the improvements, including rehabilitation contemplated for the project area and an estimate of the time required for completion.
(d) A statement of the construction or stages of construction planned, and the estimated time of completion of each stage.
(e) A description of any parts of the project area to be left as open space, and the use contemplated for the space.
(f) A description of any portions of the project area which the Corporation desires to sell, donate, exchange, or lease to or from the municipality, and the proposed terms.
(g) A description of desired zoning changes and changes in streets, street levels, intersections, and utilities.
(h) A statement of the proposed methods of financing the project and the ability of the Corporation to arrange the financing.
(i) A list of persons who will manage or be associated with the management of the project for a period of not less than one year from the date of approval of the project plan.
(j) Designation of the person or persons, natural or corporate, to whom the project is to be leased, sold, or conveyed in any manner and for whose benefit the project is being undertaken if that information is available to the Corporation.
(k) If there is no express or implied agreement between the Corporation and persons, natural or corporate, that the project will be leased, sold, or conveyed in any manner to those persons, the procedures for bidding for the leasing, purchasing or conveying in any manner of the project upon its completion.
(l) Estimates of the number of persons residing in the project area and the number of families and individuals to be displaced. If occupied residences are designated for acquisition and clearance by the Corporation, a project plan shall include a survey of the families and individuals to be displaced, including their income and racial composition, a statistical description of the housing supply in the community, including the number of private and public units in existence or under construction, the condition of those in existence, the number of owner-occupied and renter-occupied units, the annual rate of turnover of the various types of housing and the range of rents and sale prices, an estimate of the total demand for housing in the community, and the estimated capacity of private and public housing available to displaced families and individuals.
(m) A plan for establishing priority for the relocation of persons displaced by the project in any new housing in the project area.
(n) Provision for the costs of relocating persons displaced by the project and financial assistance and reimbursement of expenses, including litigation expenses and expenses incident to the transfer of title, in accordance with the standards and provisions of the Federal Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, being Public Law 91-646, 42 USC Sections 4601, et seq.
(o) A plan for compliance with Act 227 of the Public Acts of 1972, as amended, being M.C.L.A. 213.321 to 213.332, as amended.
(p) Such other material as the Corporation, local public agency, or governing body deems pertinent.
(Ord. 254. Passed 3-27-78.)