Section 26.33.030 Purpose.

The primary purpose of the Younkers Sioux City self-supported municipal improvement district shall be to encourage and support the redevelopment of the central business district in Sioux City, Iowa. Such redevelopment shall include, but not be limited to, development of a department store facility on portions of Lots 4, 5, 6, 7, 8 and 9 of Block 16 of Sioux City East Addition.
    A secondary purpose of the district shall be to encourage and support the over-all economic development of the Sioux City community thereby directly or indirectly supporting the redevelopment of the central business district. This may be accomplished through public improvements or assistance required to secure private investment in industrial or commercial growth in the community.  (Ord. 84/T-3365)