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<br />condnions within the Project Areas, and a preliminary assessment of the financial <br />feasibility of merging the Project Areas. <br /> <br />Table 1 . Organization of the Preliminary Report <br /> <br /> <br />",1' C,",'., <br /> <br />N/A <br /> <br />33344.5(C) <br /> <br />NIA <br /> <br />33344.5(d) <br /> <br />A pl1lllninøry losoosment of tho propooed method of financing tho <br />rwdlMllopment of the Mergod Project Area, Including In _ment of tho <br />continued oconomlc feasibility of tho Projocts .fter tho Møtgør ond the <br />lllISOnS lot the continued provision lot the division of taxas pursuont to CRL <br />Soctton 33670 In the Redovelo mønt PIons. ' <br /> <br />IV <br /> <br />33344.5 e <br /> <br />Adoscrl <br /> <br />of the <br /> <br />øcIs <br /> <br />b tho <br /> <br />III <br />IV <br /> <br />33344.5(1} <br />33354,6(b) <br /> <br />AdascrlpUon of how thl pro øcIs to be PU/Bued by the Agoncy in the <br />Merged Project Area wlllimprovo or IllovIaIo the conditions doscribad In <br />subdlvtølon (b), and thll1llationship betweon the proposed Merger end tho <br />costs of thl pIOjocts to eliminate romoInlng blight (A doacrtptlon of how the <br />projects will aaovlalo the blighting conditions descrtbed In .ubdlvlslon (b) Is <br />not ulrwd lor a me r <br /> <br />B. <br /> <br />BACKGROUND <br /> <br />The Agency is In charge of Implementing redevelopment within the City of Santa Ana. <br />As previously stated, the Agency is proposing to merge all six (6) of the Clty's <br />redevelopment project areas (Central City Redevelopment Project, Inter-Clty Commuter <br />Station Redevelopment Project, North Harbor Redevelopment Project, South Harbor <br />Redevelopment Project, South Main Redevelopment Project, and the Bristol Corridor <br />Redevelopment Project). In total, the Merged Project Area will contain approximately <br />4,989 acres, which compriaes approximately 29 percent of the total acres located In the <br />City. Figure 1 shows the boundaries of the Project Areas, which are located throughout <br />the City primarily along major commerèlal corridors. Table 2 provides a summary of <br />each of the Project Areaa Including the current time and financial limits as described In <br />the Redevelopment Plans, as amended. The following Is an overview of the <br />Redevelopment Projects: <br /> <br />Prellminery Report for the Merger of the <br />Santa Ana Redlvelopment Projects <br /> <br />""".1.15.1.:1: ~ <br /> <br />Keyser Marston Asaociatea, Inc. <br />Page 2 <br /> <br />.'"""""'.8NT"""", <br />'0000"""""""" <br /> <br />55C-20 <br /> <br />"'-'-'----" <br />