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S-2 00 <br /> <br />The Redevelopment Plan will assist in the funding of new, <br />expanded and upgraded parks, recreational facilities, and <br />other community f~cilities... The ability of the City <br />maintain its residential development depends upon <br />existence of adequate parks, recreational facilities <br />other community facilities serving the Project Area The <br />development and maintenance of low- and moderate :ome <br />housing within the Project Area and throughout City <br />can only be successful if adequate parks, re, ational <br />facilities and other community facilities to serve <br />the residents of this housing. <br /> <br />The Redevelopment Plan will promote <br />improvement, and preservation of the <br />housing available at affordable housil <br />and families of low or moderate <br />income households. Twenty percent <br />revenues obtained by the Redeve <br />reserved for this purpose. <br />be available for loan <br />construction and <br />the provision of :ture <br />hoods in whJ <br /> <br />increase, <br />s supply of <br />cost to persons <br />and very-low- <br />tax increment <br />Agency will be <br />will thus <br />for new <br />and for <br />the neighbor- <br /> <br />(3) <br /> <br />The <br /> <br />collec <br /> <br />at <br />physical <br />hoods, and <br />modez <br />of an <br />which is <br />tion of <br />housing <br />attracti¢ <br /> <br /> of <br /> of <br />The e <br /> <br /> 1 [unding the <br /> nsion and <br /> the community <br /> purposes of the <br /> including job creation, <br />commercial investments, the <br />ovement of residential neighbor- <br />ovision and maintenance of low- and <br />iousing, is dependent upon the existence <br />and financially solvent school system <br />of providing for the safety and educa- <br />who live within the Project Area or in <br /> <br /> listed by the Redevelopment Agency. The <br /> of new businesses to the city depends upon the <br /> of an adequately trained work force, which can <br />only accomplished if education at the primary and <br /> schools is adequate and general education and <br />job at the community college is available. The <br />ab of the city to maintain its residential develop- <br /> depends upon the existence of adequately maintained <br /> oF schools serving the Project Area. The <br /> pment and maintenance of low- and moderate-income <br />housing within the Project Area and throughout the city <br />can only be successful if adequate schools exist to serve <br />the residents of this housing. <br /> <br /> (c) The adoption and carrying out of the Redevelopment Plan is <br />economically sound and feasible. This finding is based on the fact <br /> <br />5 <br /> <br />0 <br /> <br />© <br /> <br />I I <br /> <br /> <br />