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1975-05 CRA
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1975-05 CRA
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Last modified
1/3/2012 12:23:40 PM
Creation date
3/8/2005 8:58:14 AM
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Template:
City Clerk
Doc Type
Resolution
Doc #
CRA 1975-05
Date
2/18/1975
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<br />. <br /> <br />. <br /> <br />~ <br /> <br />. <br /> <br />B. <br /> <br />the redeveloped business district's physical improvements. <br />Retail Sales Tax Revenue <br /> <br />The City's share of increased sale~ tax will represent <br />a major benefit to the City. A strong and active re- <br />tail area will substantially enhance the City's income <br />and lessen the need to raise property taxes. <br /> <br />C. <br /> <br />City Service Expenditures <br /> <br />The stronger the project area, the less demand the area <br />places on the community for a disproportionate share <br />of City services. <br /> <br />Among the intangible factors which are difficult to measure <br />in terms of "actual dollar value" are the benefits received <br />by the community exemplified by: <br /> <br />A. <br /> <br />C. <br /> <br />D. <br /> <br />E. <br /> <br />. <br /> <br />F. <br /> <br />. <br /> <br />B. <br /> <br />Increased employment generated by commercial developments <br />in the project. <br /> <br />The creation of an area of which the community can be <br />proud. <br /> <br />A general.upgrading of the social and cultural attributes <br />of the area. <br /> <br />The preservation and enhancement of a positive environment <br />for the area which will enhance community identity for <br />prospective commercial uses, business visitors and new <br />residents. <br /> <br />The prevention of future severe blight not currently <br />in evidence and the inherent negative development in- <br />fluences. <br /> <br />The retention, within the City, of major retail tenants. <br /> <br />6. <br /> <br />
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