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NS-2662
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Last modified
1/3/2012 1:01:29 PM
Creation date
10/20/2004 5:05:27 PM
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City Clerk
Doc Type
Ordinance
Doc #
NS-2662
Date
9/20/2004
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<br />8 <br /> <br />8 <br /> <br />8 <br /> <br />and the Amendment the Agency will continue to be authorized to seek and <br />utilize a variety of potential financing resources, including property tax <br />increment revenues; that the nature and timing of public redevelopment <br />assistance within the Project Area will continue to depend upon the <br />amount and availability of such financing resources, including tax <br />increment generated by new investment in the Merged Project Area; that <br />under the Existing Plan and the Amendment no public redevelopment <br />activity can be undertaken unless the Agency can demonstrate that it has <br />adequate revenue to finance the activity; and that the financing plan <br />included within the Agency's Report to the City Council prepared for the <br />Amendment demonstrates that sufficient financial resources will be <br />available to carry out the implementation of the Existing Plan and will allow <br />flexibility within the Merged Project Area in addressing the most pressing <br />needs and respond to market forces more effectively. <br /> <br />D. <br /> <br />The Amendment is consistent with the General Plan, including, but not <br />limited to, the Housing Element of the General Plan, which substantially <br />complies with the requirements of Article 10.6 (commencing with Section <br />65580) of Chapter 3 of Division 1 of Title 7 of the Government Code. This <br />finding is based upon the General Plan and the findings of the Planning <br />Commission that the Amendment conforms to the General Plan. <br /> <br />E. <br /> <br />Pursuant to CRL Section 33367(d)(6), the condemnation of real property, <br />if provided for in the redevelopment plan, is necessary to the execution of <br />the redevelopment plan and adequate provisions have been made for <br />payment for property to be acquired as provided by law. <br /> <br />F. <br /> <br />The Agency has a feasible method and plan for the relocation of families <br />and persons who might be displaced, temporarily or permanently, from <br />housing facilities in the Merged Project Area by means other than the use <br />of eminent domain. The Agency also has a feasible method and plan for <br />relocation of businesses. This finding is based upon the fact that in <br />conjunction with the adoption of the Original Ordinances, the Agency had <br />prepared a method or plan for relocation of families, persons and <br />businesses that may be displaced by Agency projects. The relocation <br />plans prepared for the Project Area, included within the Reports to the City <br />Council prepared for the Existing Plan and Amendment, provides for <br />relocation assistance within the Project Area according to law, and the fact <br />that such assistance, including relocation payments, constitutes a feasible <br />method for relocation. <br /> <br />G. <br /> <br />There are, or shall be provided, within the Merged Project Area or within <br />other areas not generally less desirable with regard to public utilities and <br />public and commercial facilities and at rents or prices within the financial <br />means of the families and persons who might be displaced from the <br />Project Area, decent, safe and sanitary dwellings equal in number to the <br /> <br />Ordinance No. NS-2662 <br />Page 5 of 9 <br />
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