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2004_0329_Packet
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2004_0329_Packet
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• Identify all real property that must be acquired to undertake and <br />complete the Redevelopment, including preliminary appraisals and <br />relocation costs for representative parcels in the initial phases of the <br />Redevelopment. <br />• In coordinationwith the City, prepare a preliminary financial feasibility <br />analysis identifying costs and sources of revenue, including tax <br />increment and other potential sources of public assistance, to determine <br />the necessary public investment in the Redevelopment, assuming the <br />City Council shall have approved the Redevelopment Area identified <br />for the Phase I of the Redevelopment, and the City and Redeveloper <br />have agreed in principle on a strategy to close the gap in financing the <br />Redevelopment. <br />ati 1. 1' F. 1 �. I 2�� � � ��, sj �, :, _� :3U,;�,-' <br />1" 1" , • 1' ►-�- - ��" �1 r �� �. ' � :• 'll"1 � . 1'� <br />� • 1" • 1' �_ -i ' '1 �— • � "' 11"1 1. •" •11" 1 . .1� • � <br />,11 • 1• 1 r 1- � ' • . • " •. ' • . • <br />(b) By December 31,2004: <br />• Submit to the City a preliminary site plan for the Redevelopment <br />showing the size, nature and location of the proposed minimum <br />improvements, including parking, landscaping and other e�erior <br />improvements. <br />� Complete or finalize necessary feasibility, marketing and financial <br />analyses, including the timing and phasing of the proposed <br />Redevelopment, preliminary pro forrnas and likely revenue sources for <br />the initial phases. <br />• Review and comment upon the adequacy of existing ordinances, <br />including zoning ordinances, to facilitate the Redevelopment. <br />• Ascertain what approvals will be required from governmental agencies <br />for the Redevelopment. <br />• Investigate adequacy of utilities and streets and identify required <br />infrastructure changes; also review existing transportation plan to <br />determine adequacy. <br />• Review existing environmental reports and determine if additional <br />environmental investigationis necessary. <br />� <br />
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