02-22-1990 Public Hearing and Regular Meeting

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VOLUME I CITY OF ~PORTE'S COMPREHENSIVE PLA~ 1-75 • The basic difference between the two options is that under a redevelopment effort the City must commit public effort and economic resources specifically within the redevelopment area to improvements in the hope that these will succeed in reversing the existing trend and create the necessary environment for area improvement. Under the second option, resources and public effort are allocated to alI areas of the City evenly and each of the Master Plan components establishes actions that will have positive impacts on the areas of concern. Ultimately, the sum of all these Citywide actions will create the necessary condi- tions for the ordinary development process to improve conditions • in the specific area of co:~cern. After discussing these concepts with the Steering Committee it was fe-lt that the second option is the most viable for~La Porte, given past failures of redevelopment programs elsewhere in the U.S., the City's economic resources, and the working tools which the Comprehensive Plan would leave to the City, which were felt to be sufficient to address the problem at this point. 1.11 Capital Improvement. Program Table 17 summarizes the proposed Capital Improvement Program, indicating probable costs for each of the Master Plan components. The total probable cost of all the proposed Master Plan actions considered to be the responsibility of the City of La Porte is approximately $140 million. Of this total, the actions ,3 TurnerCollie c~Braden Inc ~ ~ ~ .