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R90-121 AUTHORIZING PUBLIC NOTICE OF A REDEVELOPMENT PLAN AND PROJECT UNDER THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT
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R90-121 AUTHORIZING PUBLIC NOTICE OF A REDEVELOPMENT PLAN AND PROJECT UNDER THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT
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7/26/2016 4:43:08 PM
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Resolution/Ordinance
Res Ord Num
R90-121
Res Ord Title
AUTHORIZING PUBLIC NOTICE OF A REDEVELOPMENT PLAN AND PROJECT UNDER THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT
Approved Date
9/17/1990
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,: ' . <br /> , <br /> , � , etc. show evidence of deterioration, including <br /> surface cracking, lack of paving, crumbling, <br /> potholes, weeds protruding, etc. <br /> D. Below Minimum Code. The physical deficiencies and <br /> areas of disrepair, existing in various structures <br /> throughout the site constitute numerous building <br /> code violations. <br /> E. Excessive Vacancies. The facilities are used <br /> annually for only one five day summer event, <br /> leaving the facilitates vacant and unused for <br /> approximately 360 days per year. <br /> F. Lack of Sanitary Facilities. There are <br /> limited permanent sanitary facilities. Sanitary <br /> facilities are wholly inadequate for any other <br /> use. <br /> G. Inadequate Utilities. In addition to inadequate <br /> sanitary facilities (see above) , there are also <br /> inadequate water, electrical and telephone utility <br /> facilities for the site. <br /> H. Excessive Land Coveraae. A substantial part of <br /> the improved area is covered by a horse racing <br /> track and related stable facilities, thereby <br /> severely restricting reuse of the site. <br /> I. Deleterious Land Use. The improved area is not <br /> conducive to present day industrial/commercial use <br /> because of the current land use/improvements. <br /> J. Depreciation of Physical Maintenance. See <br /> paragraph 3 .C. above. <br /> K. Lack of CommunitY Plannina. The blighted, <br /> improved area was developed outside of the <br /> jurisdiction of the City, and, now annexed, does <br /> not conform with the industrial/commercial uses <br /> envisioned by the City's Comprehensive Plan. <br /> Eligibility Survey <br /> The entire designated Redevelopment Project Area was <br /> evaluated by representatives from the City of Decatur. In such <br /> evaluation, only information was recorded which would directly <br /> aid in the determination of eligibility for a Tax Increment <br /> Financing District. <br /> 3 <br />
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