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I!7 <br /> h <br /> �D <br /> y blighted areas, or industrial park conservation area, a Redevelopment Plan must be prepared. A <br /> rn Redevelopment Plan is defined in the Act as "the comprehensive program of he municipality <br /> CL 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 redevglopment project <br /> Marea as a blighted area or conservation area or combination thereof or 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 /> o B. Proposed General Land Use Plan <br /> M <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 Deca�`ur's Ordinances <br /> and other applicable codes as may be in existence and may be amended from tiro -to-time. <br /> PP � <br /> C. Objective <br /> The objectives of the Redevelopment Plan are: <br /> ]. 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 �rithin the Area <br /> thr01.1011 the provision of financial assistance for new developmen>� 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 icthe surrounding <br /> neighborhood. <br /> 6. Provide for safe and efficient traffic circulation, facilitate effective emergency <br /> response time and accessibility; and general access within the Redevelopment <br /> Area. <br /> 7. Complete all public and private actions required in this Redevelo ment Plan in an <br /> expeditious manner. <br /> 6 <br />