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TABLE OF CONTENTS <br />I. INTRODUCTION 1 <br />1 1 Preface 1 <br />1.2 Background 1 <br />1.3 Definitions 2 <br />2. LEGISLATIVE FINDINGS 2 <br />2.1 Qualifying Conditions 2 <br />2.2 Projects 3 <br />2.3 Planning Approval 3 <br />2.4 Consultation 3 <br />2.5 Public Hearing 3 <br />2.6 Boundaries of the Plan Area 3 <br />2.7 Other Findings 3 <br />3. DESCRIPTION OF PLAN OBJECTIVES 4 <br />3.1 The Plan as a Tool 4 <br />3.2 Plan Conforms to the City of Louisville Comprehensive Plan. 4 <br />3.3 Plan to Alleviate Conditions of Blight Through Private Redevelopment 5 <br />4. PLAN IMPLEMENTATION 5 <br />4.1 Redevelopment and Rehabilitation Actions 5 <br />4.2 Property Acquisition 5 <br />4.3 Relocation Assistance and Payments 6 <br />4.4 Public Improvements and Facilities 6 <br />4.5 Redevelopment Agreements 6 <br />4.6 Interagency Cooperation 6 <br />5. PROJECT FINANCING 6 <br />5.1 No Tax Increment Financing 6 <br />5.2 Participating Interest in Projects 7 <br />6. MODIFICATIONS TO THIS PLAN 7 <br />6.1 Plan May Be Amended or Modified 7 <br />i <br />6 <br />