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Draft 11/10/2011 <br />Economic Feasibility Study /Information <br />3. An Economic Feasibility Study /Information <br />In connection with the proposed development of the property within <br />proposed Zone No. 5 the City has previously commissioned studies <br />outlining the goals and feasibility of the redevelopment of the Downtown <br />SmartCode District as set forth in Schedule A. This Finance Plan is <br />economically feasible since all Project Costs are paid only from tax <br />increment revenues as the become available. <br />City of San Marcos <br />Zone No. 5 Project Plan and Financing Plan 13 <br />