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The purpose and intent of the City Council with respect to the project area is to accomplish the following:

A. Eliminate the conditions of blight;

B. Ensure, as far as possible, that causes of the blighting conditions will be either eliminated or protected against;

C. Provide a stable, diversified and stronger economic base for the project area and community by, for example: creating public/private partnerships to facilitate development of remaining commercial, industrial and residential land in order to increase and diversify revenue sources available to the City; and assisting in the improvement of those properties that have been traditionally been used for apple processing so that these currently underutilized properties can be transformed into fully developed and viable commercial properties;

D. Provide safer, more efficient, and economical movement of persons and goods within the project area and the community, by, for example, reconstructing and improving deteriorated and inadequate streets, reducing through traffic impacts by providing alternative circulation routes, and improving overall vehicular circulation by the construction of needed circulation improvements;

E. Conserve and improve existing public facilities and provide new such facilities as needed for the improvement of the project area, including the rehabilitation or reconstruction of storm and sanitary utilities, improvement and development of parks, recreation and cultural facilities, the provision of needed parking facilities and firefighting and police safety facilities;

F. Provide additional housing opportunities in the project area and community, by, for example, using funds and resources available under State law to support affordable housing opportunities, assisting in the rehabilitation of existing older housing, and helping to defray the costs of issuance of mortgage revenue bonds that will encourage the construction and/or rehabilitation of affordable owner-occupied and rental housing;

G. Provide additional employment opportunities for residents of the community by, for example, the development of now vacant commercial lands;

H. Enhance the physical environment of the project area and emphasize its favorable environmental characteristics.