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12 <br />C. PUBLIC PURPOSE OBJECTIVES <br />It is the policy of the City and ED below. a Pleaseh indicate how the proposed s p project result <br />benefit as identified in items 1 -10 <br />this by checking the appropriate boxes. Attach additional narrative as Part 7. <br />0 1. To encourage redevelopment. <br />0 2. To retain local jobs and/or increase the number and diversity of jobs that offer stable <br />employment and /or attractive wages and benefits. <br />0 3. To enhance and /or diversify the City's economic base. <br />4. To encourage additional unsubsidized private (re)development. <br />5. To remove blight and/or encourage (re)development of commercial and industrial <br />areas. <br />�] 6. To create housing opportunities. <br />[] 7. To provide a diversity of housing. <br />O 8. To provide a variety of family housing ownership alternatives and housing - choices. <br />�] 9. To promote neighborhood stabilization and revitalization by the removal of blight <br />and the upgrading of existing housing stock in residential areas. <br />• 10. To accomplish other public policies which may be <br />adopted o such <br />decreasing promotion o <br />qality urban or architectural design, energy cons <br />and /or operating costs of local government. <br />• Utilization of architectural and landscaping techniques that will enable the <br />components of the project to blend with the natural environment. <br />• Mitigation of project impact on the natural environment. <br />-186- <br />D. SOURCES & USES OF FUNDS <br />Attach additional information as Part 8 <br />SOURCES <br />Bank Loan $ - <br />Other Loans $ Owner Equity $ - <br />Fed Grant/Loan $ - <br />State Grant/Loan $ - <br />Industrial Development Bonds $ _ <br />Tax Increment Financing $ <br />Tax Abatement $ - <br />Revolving Loan Fund $ - <br />Other $ - <br />TOTAL <br />AMOUNT <br />