Ord. 20644 - Laserfiche WebLink

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(f) The existence of property or lots or other areas that are subject to inundation by water; (g) A prevalence of depreciated values, impaired investments and social and economic maladjustments to such an extent that the capacity to pay taxes is reduced and tax receipts are inadequate for the cost of public services rendered; (h) A growing or total lack of proper utilization of areas, resulting in a stagnant and unpro- ductive condition of land potentially useful and valuable for contributing to the public health, safety and welfare; or (i) A loss of population and reduction of proper utilization of the area, resulting in its further deterioration and added costs to the taxpayer for the creation of new public facilities and services elsewhere. Urban renewal funds that are directed at improving or reducing the blighted conditions will attract positive activity downtown, stimulate economic development and private investment, promote downtown revitalization, and enhance the value of the Plan Area as a whole. As the number of businesses and opportunities for investment increases, existing businesses and development will also benefit, including restaurants, retail and housing, leading to improved conditions, and higher property values within the Plan Area. Chapter5:RelationshipBetweenExistingConditionsand EachProjectActivityUndertakeninthePlan All Projects set forth in Section 600 of the Plan are intended to correct the existing defici- encies in the Plan Area as described in this report (see Chapter 2). The projects in Section 600 of the Plan are: 1) Infrastructure improvements to parks, plazas, Farmers Market, open space, and streets to provide an inviting civic space aligned with the Willamette to Willamette Initiative for the community, better opportunities for the Farmers Market, and inviting and accessible connections between the public spaces; 2)Construction of critical high-speed fiber utility; and 3) Redevelopment of 1059 Willamette. 1)ImprovedParks,Plazas,FarmersMarket,Restrooms,OpenSpace,andStreets: Improvements to the parks and plazas in the Plan Area benefit the growing community of employees, commercial and cultural uses, visitors, and residents, as well as the community at large with a revitalized, attractive, safe, and economically healthy downtown core. A robust public engagement effort occurred in the Spring and Summer of 2019 that determined the changes that are most desired by the community and that will enhance the function of the Park Blocks during programmed and non-programmed times. The goal of the public engagement effort was to draw on the experience and expertise of a wide group of community commitment to downtown and to develop parks and plazas in alignment with the ace in the heart of the city. ReportontheProposed2020Amendment 9