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Development Districi No. 1 necessary for the orc�erly and beneficial developtr�ent or redevelopmertt of <br />Development District No. 1 and adjacent areas of the Czty. <br />5. Promote the concentration of new desirable resider►tia1, comrnercial, ofiice, and other <br />appropriate developr►�ent ar redevelopment in Developmer�t District No. 1 so as to maintain the area in a <br />znanner compatible with its accessibility and prominence in the City. <br />6. Encourage local business expansion, improvement, development or redevelopment whene�er <br />possible. <br />7. Create a d�sirabl� and unique character within D�velopm�nt Dzstrict No. I through c�uality <br />land use alternatives and design quality in new and remadeled buildings. <br />S. Encourage and provide maximum opportanity for private developtnent or redevelopment of <br />existing areas and structures which are compatible with the Development Program. <br />9. Provide zental housing for low azid moderate iz►conr�e indzvzduals and faz�nilzes to increase <br />housing opportunities wi#hin the City, diversify the econornic development in, and encourage arderly and <br />beneficia! developnnez�t of, Developrr�.ent D'zst�rict No. 1 <br />(AS MODIFIED DECEMBER I4, 2009) <br />10. Provide the impetus for the development and rede�elopment of housing by private enterprise <br />consistent with the goals of the City. <br />11. To attempt to pzovide housing consistent with the policies, present and future hausing needs <br />and housi�g implementation programs of the City. <br />12. Encourage housing rehabilitation by directing appropriate resources to targeted neighbarhoods. <br />13. Elinr►inate land use canflicts as ideatified in existing City p�ans. <br />14. Develop housing opportunzties for mar�Cet segments under-served in the City. <br />15. Acquire blighted, deteriorated or underutilized property for rehabilitation or clearance and <br />redeveIopment. <br />Section 1.5. Estimated Public Costs. The estimated costs of the public improvennents ta be made <br />within Development District No. 1 and financed by tax incrernents deri�ed from Tax Increment Fi�ancing <br />Districts within Deaelopment District No. 1 are described on the attached Exhibit I-A. <br />{AS MODiFIBD MAY 27, 1997) <br />The estimated costs of the public improvements to be made within Develogment District No. 1 and <br />financed by tax increments deri�ed from the Tax Increment Financing Districts within Development District <br />No. l are descri�ed on the attached Exhibit I-A atid in each Tax Increment Financing Plan. <br />