SCH Number 2003021145

Project Info

Title

Ordinance 580 and 581 - Adoption of Redevelopment Plans for the La Mirada Redevelopment Project Area No. 4 and the La Mirada Merged Redevelopment Project Area

Description

The City of La Mirada and the La Mirada Redevelopment Agency desire to formulate a new redevelopment project area, which is known as the proposed La Mirada Redevelopment Project Area No. 4, and subsequently merge this new project area with the three existing redevelopment project areas in the City. The three existing project areas include the La Mirada Redevelopment Project Area No. 1, as amended, La Mirada Redevelopment Project Area No. 2, as amended and the La Mirada Redevelopment Project Area No. 3, as amended. The Project is known as the La Mirada Merged Redevelopment Project Area (the "Merged Project Area") and includes 298 acres of the proposed new Project Area No. 4 and 1,106 acres of the three existing project areas. In total, the Merged Project Area is comprised of approximately 1,404 acres. The adoption of the "Merged Project Area" is intended to eliminate economic and physical blight, fund infrastructure improvements and provide economic incentives to stimulate revitalization of the project area.

5 documents in project