§ 85-754. Redevelopment initiatives.

A. 

In order to encourage redevelopment and elimination of blight in accordance with this article, all boards, departments, divisions and Town personnel are authorized to grant redevelopment initiatives as set forth herein.

B. 

A project shall qualify for a redevelopment initiative package based upon its redevelopment achievement score as determined and calculated by the Planning Board.

C. 

Redevelopment achievement score shall be the sum of the severity of existing blight score, the location characteristics score and the redevelopment benefit potential score.

D. 

A project shall qualify for a redevelopment initiative package based on the following redevelopment achievement scores:

(1) 

Illuminated initiative package: a redevelopment achievement score of 80 points to 100 points.

(2) 

Bright initiative package: a redevelopment achievement score of 101 points to 120 points.

(3) 

Radiant initiative package: a redevelopment achievement score of 121 points to 140 points.

(4) 

Brilliant initiative package: a redevelopment achievement score of greater than 140 points.