Laserfiche WebLink
S. <br />T. <br />PW <br />Mitigation Measures <br />1. To reduce the loss of property tax revenues, remaining portions of full- <br />take parcels will be evaluated for potential assemblage and <br />redevelopment or for sale to adjoining land owners. This will keep the <br />affected properties in private ownership and subject to assessment of <br />property taxes, based on current property values. <br />2. The City has adopted a redevelopment plan which encompasses the <br />Bristol Street corridor and surrounding areas, which will provide the <br />City Redevelopment Agency with tax increment financing abilities <br />which will be used to revitalize this general area, resulting in long -tern <br />economic benefits, including increasing property tax revenues from <br />property improvements. <br />-_ <br />EFFECT ON UTILITIES <br />e <br />� a <br />Consequences <br />The proposed project will not result in any impact to utilities other than <br />construction related impacts. These impacts are discussed in Section N.V. <br />It should be mentioned that an opportunity exists for the undergrounding of <br />NP <br />utilities during the right -of -way expansion. All undergrounding activities <br />should be coordinated with the appropriate utility purveyors. <br />Mitigation Measures <br />., <br />None are required. <br />CULTURAL RESOURCES <br />Paleontological Consequences <br />No significant impacts to paleontological resources are anticipated as a result <br />of the proposed street widening project. Based on the low paleontological <br />sensitivity of the rock units found in the Bristol Street area and the shallow <br />nature of the excavations associated with the proposed project, it is unlikely <br />that there will be any adverse impacts to paleontological resources in the APE. <br />-' <br />Therefore, no paleontological monitoring will be necessary during the <br />widening of Bristol Street. <br />Mitigation Measures <br />.� <br />None are required. <br />IV -58 <br />w <br />