It is hereby found and determined that:
B. The rehabilitation, conservation, and redevelopment of the project area pursuant to the third amended South Lincoln plan is necessary in the interest of public health, safety, and welfare of the residents of the city of Jerome.
C. There continues to be a need for the agency to function in the city of Jerome.
D. The third amended South Lincoln plan conforms to the comprehensive plan of the city of Jerome.
E. Specifically the city council finds that sufficient park and recreational facilities exist within close proximity of the project area. Certain improvements outlined in the third amended South Lincoln plan will enhance accessibility to those park and recreational facilities, specifically the installation of traffic signals which allow crossing of South Lincoln and result in greater safety for users of those park and recreational facilities including children who reside and will reside within the South Lincoln project area and the improvements to the public parking lots. In addition, certain park or recreational improvements have been proposed within the project area.
F. The third amended South Lincoln plan affords maximum opportunity consistent with the sound needs of the city as a whole for the rehabilitation and redevelopment of the project area by private enterprises.
G. The third amended South Lincoln plan provides a feasible method for relocation of any displaced families residing within the project area.
H. The base assessment roll of the third amended project area does not exceed ten percent (10%) of the assessed value of the city of Jerome. (Ord. 940 §1, 2003)
Notes
| 1 | 1. IC title 50, chapter 20. |
| 2 | 2. IC title 50, chapter 29. |