Richard Stranik, Case No. 1972
<br />Page 2
<br />Craig Waldron regarding the
<br />possibilities for tax increment
<br />financing to
<br />that the tax
<br />accomplish
<br />these objectives.
<br />involved
<br />Mr. Waldron has concluded
<br />in the redevelopment of the
<br />subject site
<br />increment
<br />alone will
<br />potential
<br />not be adequate
<br />to acquire the additional land
<br />necessary to
<br />reroute the
<br />service road.
<br />It would appear to be iriore appropriate to consider the redevelopment
<br />of the three sites and the total package at some time in the future
<br />when the value of the carwash is further amortized, the appropriate
<br />right-of-way can be obtained, and the service road can be rerouted on a
<br />more practical and economical basis. Thus, we face an interim problem
<br />of sorne appropriate use for the property in question, which is at this
<br />point a vacant service station site=.
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