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This Redevelopment Plan ("Plan") was submitted to the Land Clearance Authority of the City of University City, Missouri CLCRA"1 pursuant to Section 99.430.1 (4) of the Revised Statutes of Missouri, as amended. A. EXISTING CONDITIONS AND FINDINGS OF BLIGHT i. DELINEATION OF BOUNDARIES The DelmadDelcrest Redevelopment Project Area ("Area") encompasses approximately 4.4 acres located at the southwest comer of Delmar Boulevard and Delcrest Drive in the City of University City, Missouri ("City"). The legal description of the Area is attached hereto as Exhibit A and incorporated herein. An Existing Uses Map depicting the boundaries, present uses, and condition of the Area is attached hereto as Exhibit B and incorporated herein. 2. GENERAL CONDITION OF THE AREA The physical conditions within the Area are described and depicted in the Blighting Study of the Delmar/Delcrest Redevelopmerit Area, attached hereto as Exhibit D and incorporated herein t"Blighting Stud~f1. The Area formerly contained seven (7] obsolete, ran-down, multifamily rental properties dating back to the 1940's through the 1960's. The Area currently contains a large partially-completed parking structure, covering approximately 74,749 sq. ft., or approximately 39% of the Area, the construction of which has been abandoned since September 30, 2000. ("Incomplete Facility"). As noted in the Blighthag Study, economic forces have prevented completion of the Incomplete Facility and the residential units once proposed to be built in the Area. The Incomplete Facility, in its current condition, hcks electric power services, poses life safety hazards, is a prominent eyesore visible to adjacent properties and public ways, and serves no reasonable present use. There are currently no jobs within the Area or the Incomplete Facility. 3. PRESENT LAND USE OF THE AREA Existing land uses within the Area consist of the one (11 unoccupied, partially completed, Incomplete Facility.