1989-13 CRA - Laserfiche WebLink

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Reduced Intensity of the Project Area . . The specific alternative of reduced intensity of the project area has been evaluated but is unacceptable because it would restrict development potential below levels allowed in the project area and will prevent the land from reaching its full development potential. Because less increase in property values would result in the project area, less income to the Agency for public improvements would be available. Reduced Project Size The specific alternative of reduced project size has been evaluated but is unacceptable because it would not fulfill the objective of redevelopment which is the elimination of blight, a declared public purpose. By eliminating parcels from the project area, the entire area identified as blighted would not be expected to benefit from redevelopment, and pockets or sections would continue to be undesirable for new development creating potential visual and land use conflicts. Alternative FundinQ Mechanisms . The specific alternative of alternative funding mechanisms has been evaluated and is considered unacceptable because, although alternative funding mechanisms may exist, these funding sources cannot be assured and the scheduled improvements necessary for redevelopment may be substantially delayed and hamper other redevelopment efforts. Alternative Land Uses The specific alternative of alternative land uses has been evaluated and in unacceptable because this alternative would result in a Redevelopment Plan that is inconsistent with the City's General Plan. Alternate Location The specific alternative of alternati.ve project location has been evaluated and is unacceptable because the benefits associated with redevelopment would be unavailable to this area already selected for redevelopment because findings have been made that identify this area as blighted and in need of assistance. Other areas of the City in need of redevelopment have already been included in other redevelopment project areas. . . 9