South End Urban Renewal Area: Framework of Urban Renewal

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2.
3. Ac giiis y^-^^n Cost The estimated acquisition cost based on a total assessment of $16,952,900 for the acq-aired property is $25,429,350.
Therefore, estimated tax loss due to acquisition in the south End will be approximately $1,695,000.
It is a goal of the South End plan to replace the tax loss caused by acquisition and to provide an increase in the total tax yield from the South End renewal area.
4. j^'^^E-^-'^'^^"^^ Facilities The major public facilities to be provided in the South End
... are - Panning Garage $ 2,000.000 junior High School (1) 2,500,000 Elementary Schools (4) 4,400,000 350,000 Library Parks and Playgrounds 500,000 Landscaping and street Furniture 1,500,000 iMCC SwimiPdng Pool & Skating Rink 750,000 t Total $12,000,000 3.
5. Roads The widening of Dover street will cost approximately $350,000. The relocation of Albany Street will cost approximately $1,100,000. The estimated cost of the service road from Dartmouth Street to Herald Street will run approximately $750,000.


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