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Table of Contents <br />Introduction i <br />Plan Adoption Process ii <br />Reasons for Selection of the Project Area A-1 <br />Background A-1 <br />Project Area Setting A-3 <br />Reasons for Redevelopment A-3 <br />Goals and Objectives A-5 <br />A Description of the Physical and Economic Conditions Existing in <br />the Project Area B-1 <br />Legal Definitions and Standards B-1 <br />Blighting Conditions in the Project Area B-2 <br />Properties Included for Redevelopment Purposes B-26 <br />A Preliminary Assessment of the Proposed Method of Financing, <br />Including the Economic Feasibility and the Reasons for the Division <br />of Tax Increment C-1 <br />Projected Tax Increment Revenues C-3 <br />Economic Feasibility Analysis C-5 <br />Reasons for the Provisions of Tax Increment C-6 <br />A Description of the Projects Proposed by the Agency and How the <br />Proposed Projects Will Improve Conditions and Alleviate Blight ... D-1 <br />Public Infrastructure and Facilities Improvements D-1 <br />Commercial Rehabilitation and Economic Development Incentives D-2 <br />Housing Programs D-3 <br />Photo Survey Appendix A-1 <br />CAROUGH AND READY\DRAFT PRELIMREPORT.DOC