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Table 2-1 <br />EAV per Square Foot <br />Olive & North and South Road Urban Renewal Project Area <br />Map ID 2007 <br />Property AddressAcresEAV/SF <br />ParcelAssessment <br />1$147,2000.605.61 <br />7700 Olive Boulevard <br />2$56,1000.274.72 <br />7593 Olive Boulevard <br />3$123,4600.309.35 <br />7589-7591 Olive Boulevard <br />4$136,4800.456.93 <br />7587 Olive Boulevard <br />5$27,7200.660.96 <br />7579-7581 Olive Boulevard <br />6$53,9200.343.68 <br />7577 Olive Boulevard <br />7$196,5101.582.85 <br />7575 Olive Boulevard <br />$741,3904.214.04 <br />Total <br />SOF <br />UMMARY FINDINGS <br />The Area meets the requirements for a Blighted Area within the requirements of the <br />LCRA Law by reason of the predominance of defective or inadequate street layout, <br />insanitary or unsafe conditions, deterioration of site improvements, improper subdivision <br />or obsolete platting, or the existence of conditions which endanger life or property by fire <br />and other causes, or any combination of such factors, retards the provision of housing <br />accommodations or constitutes an economic or social liability or a menace to the public <br />health, safety, morals or welfare in its present conditions and use. <br />The blighting factors in evidence in the Area include: <br /> Defective or Inadequate Street Layout; <br /> Deterioration of Site Improvements; <br /> Improper Subdivision or Obsolete Platting; and <br /> Vacancy and substandard tax contribution. <br />Based upon the forgoing analysis, the Area constitutes an economic liability. In addition, <br />after individually considering all of the properties in the Area in light of the definition of a <br />“blighted area” under the LCRA Law, it is concluded that a predominance of the Area is <br />blighted pursuant to Section 523.274 R.S. MO. <br /> <br />