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r <br /> co <br /> services in the future, the City will consider utilizing tax increment proceeds, lo the extent they <br /> �+ are available, to assist in addressing the needs. <br /> Cn <br /> a SECTION VIII <br /> N REDEVELOPMENT PLAN <br /> M <br /> 4 A. Introduction <br /> .. <br /> oThis section presents the Redevelopment Plan for the Area. Pursuant to Act, w ien the finding is <br /> 0 made that an area qualifies as either conservation, blighted, combination of onservation and <br /> blighted areas, or industrial park conservation area, a Redevelopment Plan mut be prepared. A <br /> Redevelopment Plan is defined in the Act as "the comprehensive program o the municipality <br /> for development or redevelopment intended by the payment of redevelopment project costs to <br /> reduce or eliminate those conditions the existence of which qualified the redei elopment project <br /> area as a blighted area or conservation area or combination thereof ol industrial park <br /> conservation area, and thereby to enhance the tax bases of the taxing districts which extend into <br /> the Redevelopment Project Area". <br /> B. Proposed General Land Use Plan <br /> The proposed General Land Use Plan for the Redevelopment Project Area is presented on <br /> Exhibit F entitled General Land Use Plan. <br /> All redevelopment projects shall be subject to the provisions of the City of Decatur's Ordinances <br /> and other applicable codes as may be in existence and may be amended from time-to-time. <br /> C. Objective <br /> The objectives of the Redevelopment Plan are: <br /> 1. Reduce or eliminate those conditions which qualify the Area as eligible for tax <br /> increment financing by carrying out the Redevelopment Plan. <br /> 2. Prevent the recurrence of blighting conditions by actions outlined herein. <br /> 3. Enhance the real estate tax base for the City and all other taxing districts which <br /> extend into the Area through the implementation and completion of the activities <br /> identified herein. <br /> 4. Encourage and assist private investment and redevelopment within the Area <br /> through the provision of financial assistance for new developme t as permitted by <br /> the Act. <br /> 5. Improve the overall environment of the Area including public safety and security <br /> measures so as to encourage new investment wherever possible in the surrounding <br /> neighborhood. <br /> 24 <br />