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8 8 8 C. The adoption and carrying out of the Amendment is economically sound and feasible. This finding is based on the fact that under the Existing Plan and the Amendment the Agency will continue to be authorized to seek and utilize a variety of potential financing resources, including property tax increment revenues; that the nature and timing of public redevelopment assistance within the Project Area will continue to depend upon the amount and availability of such financing resources, including tax increment generated by new investment in the Merged Project Area; that under the Existing Plan and the Amendment no public redevelopment activity can be undertaken unless the Agency can demonstrate that it has adequate revenue to finance the activity; and that the financing plan included within the Agency's Report to the City Council prepared for the Amendment demonstrates that sufficient financial resources will be available to carry out the implementation of the Existing Plan and will allow flexibility within the Merged Project Area in addressing the most pressing needs and respond to market forces more effectively. D. The Amendment is consistent with the General Plan, including, but not limited to, the Housing Element of the General Plan, which substantially complies with the requirements of Article 10.6 (commencing with Section 65580) of Chapter 3 of Division 1 of Title 7 of the Government Code. This finding is based upon the General Plan and the findings of the Planning Commission that the Amendment conforms to the General Plan. E. The condemnation of real property may be necessary for the overall execution of the Existing Plan. The Agency has eminent domain authority within the Project Area and adequate provisions have been made for payment for property that may be acquired as provided by law. This finding is based upon the facts set forth in the Existing Plan, the subsequent settlement agreement related to restrictions on the use of eminent domain authority in the Project Area, and the Agency's Report(s) to the City Council prepared for the Existing Plan, in particular that without eminent domain authority, the Agency's redevelopment efforts may be impaired. This finding is further based on the fact that in connection with the acquisition of property by the Agency, the Agency will comply with all applicable provisions of the California Eminent Domain Law (Code of Civil Procedure Section 1230.010 et. seq.), including provisions requiring the payment of just compensation. F. The Agency has a feasible method and plan for the relocation of families and persons who might be displaced, temporarily or permanently, from housing facilities in the Merged Project Area. The Agency also has a feasible method and plan for relocation of businesses. This finding is based upon the fact that in conjunction with the adoption of the Original Ordinances, the Agency had prepared a method or plan for relocation of families, persons and businesses that may be displaced by Agency Ordinance No. NS-2664 Page 5 of 9