Resolution 2006-37 - Laserfiche WebLink

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construct, and reconstruct any public improvements in the Urban Renewal Area, including, without limitation, streets, sidewalks, underground utility and service facilities, streetscapes, pedestrian corridors, and parking facilities. The Commission may also, or cause others to, install, construct and reconstruct any other authorized improvements in the Urban Renewal Area, including, without limitation, other authorized undertakings or improvements for the purpose of promoting the objectives of this Urban Renewal Plan and the Act. Public projects are intended to stimulate (directly and indirectly) private sector investment in and around the Urban Renewal Area. The combination of public and private investment will assist in the reinvestment and conversion of the Urban Renewal Area into a viable commercial, residential and employment sub-area supported by multiple forms of transportation and transit with supporting public spaces contributing to increased property and sales taxes. 4.4.1 Infrastructure New infrastructure (utility) that is required will be located in public rights-of- way or dedicated easements. These systems will be added to the existing infrastructure to the extent possible. Existing services may be removed or abandoned to accommodate new development in the Area. In undertaking all activities and improvements pursuant to this Urban Renewal Plan, the Commission shall comply with all applicable building and zoning regulations, and other applicable ordinances of the City. 4.5 Other Improvements and Facilities There could be other non-public improvements in the Urban Renewal Area that may be required to accommodate development. The Commission may assist in the financing or construction of these improvements. G: \ COUNClL \ Agreements \ 2006 \ Hwy 42 Urban Renewal Plan Final.doc 23