Revitalization Area definition

Revitalization Area means any area for which the chief executive officer (or the equivalent) of the local jurisdiction in which the development is to be located certifies as follows: (i) either (1) the area is blighted, deteriorated, deteriorating or, if not rehabilitated, likely to deteriorate by reason that the buildings, improvements or other facilities in such area are subject to one or more of the following conditions- dilapidation, obsolescence, overcrowding, inadequate ventilation, light or sanitation, excessive land coverage, deleterious land use, or faulty otherwise inadequate design, quality or condition, or (2) the industrial, commercial or other economic development of such area will benefit the city or county but such area lacks the housing needed to induce manufacturing, industrial, commercial, governmental, educational, entertainment, community development, healthcare or nonprofit enterprises or undertakings to locate or remain in such area; and (ii) private enterprise and investment are not reasonably expected, without assistance, to produce the construction or rehabilitation of decent, safe and sanitary housing and supporting facilities that will meet the needs of low and moderate income persons and families in such area and will induce other persons and families to live within such area and thereby create a desirable economic mix of residents in such area. The area within a redevelopment project, conservation project, or rehabilitation district established by the city or county pursuant to Chapter 1 (§36-1 et seq.) of Title 36 shall be deemed a revitalization area without any such certification. Any such revitalization area must either (a) include discussions from the locality of the type of developments that will be encouraged, the potential sources of funding, and services to be offered in the area; or (b) be subject to a plan using Hope VI funds from HUD. A comprehensive plan does not qualify as certification of a revitalization area.

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Revitalization Area means the geographic area adopted by a sponsoring local government and approved by the approving agency, from which local sales and use tax increments are estimated and property tax allocation revenues are derived for local revitalization financing.

Revitalization Area means the area outlined on Schedule “A”.

Examples of Revitalization Area in a sentence

The Grantee hereby gives the Site Developer access to the Revitalization Area (or portions thereof subject to control by the Grantee) so as to allow the Site Developer to undertake and accomplish its responsibilities under this Contract.
The purpose of this Agreement is to establish a program for neighborhood revitalization under the NRA and to allow the Parties to work together to facilitate the rehabilitation, conservation, and redevelopment of the designated Neighborhood Revitalization Area, in order to protect the public health, safety, and welfare of the residents of Lawrence.
Pursuant to I.C. 6- 1.1-12.1-11.3, the Elkhart County Council hereby waives any noncompliance by reason of a failure to submit a completed Statement of Benefits Form to the Elkhart County Council and/or a failure to designate the area as an Economic Revitalization Area before the initiation of the redevelopment or rehabilitation or the installation of any new equipment by Chinook.
All parcels within the legal city limits of the City of ▇▇▇▇▇▇▇▇▇, Kansas See Exhibit B The existing assessed valuation of the parcels of real estate in ▇▇▇▇▇▇▇▇▇ County in the Neighborhood Revitalization Area is as follows: See Exhibit C Each owner of record of each parcel of land is listed together with the corresponding address in the files of the ▇▇▇▇▇▇▇▇▇ County Appraiser’s office located at the ▇▇▇▇▇▇▇▇▇ County Office Building, 109 East 1st.
The target area, illustrated in the attached Addendum, is the Southwest (SoWe) Neighborhood Revitalization Area.

More Definitions of Revitalization Area

Revitalization Area means one of the areas outlined on Schedule “A”, which is attached to and forms part of this Bylaw;

Revitalization Area means an area designated and set out on Schedule “A” attached hereto and forming part of this Bylaw;

Revitalization Area means the geographic area

Revitalization Area means the geographic area adopted by a

Revitalization Area means an area that, upon the

Revitalization Area means the area within the bold outline on the drawing, which is attached as Schedule ‘A’ to this bylaw, and the area includes the core downtown commercial and residential districts within the City of Terrace;

Revitalization Area means those parts of the downtown core of the City shown outlined on Schedule "C";