SPEEDWAY COMMUNITY DEVELOPMENT CORPORATION

SPEEDWAY COMMUNITY DEVELOPMENT CORPORATION TO ENCOURAGE, SUPPORT, AND ASSIST IN ACTIVITIES, PROJECTS, AND PROGRAMS THAT FURTHER SOCIAL, CULTURAL, AND ECONOMIC REDEVELOPMENT AND REHABILITATION IN AND AROUND THE TOWN OF SPEEDWAY, INDIANA (THE TOWN); TO ENCOURAGE, SUPPORT, AND ASSIST IN THE ECONOMIC DEVELOPMENT OF THE TOWN THROUGH ACTIVITIES AND PROJECTS THAT ARE DESIGNED TO STIMULATE CAPITAL INVESTMENT AND REVITALIZATION IN AND IMPROVEMENT OF, PUBLIC AND OTHER SPACES THROUGHOUT THE TOWN; TO PROMOTE THE SOCIAL WELFARE OF THE TOWN'S RESIDENTS BY ENHANCING AND IMPROVING THE SOCIAL, CULTURAL, AND ECONOMIC CONDITIONS IN AND AROUND THE TOWN; TO FOSTER, DEVELOP, AND MAINTAIN CONDITIONS THAT CONTRIBUTE TO THE GROWTH OF BUSINESS AND EMPLOYMENT OPPORTUNITIES IN AND AROUND THE TOWN; TO ENHANCE AND TO BEAUTIFY PUBLIC AREAS AND FACILITIES, AND GENERALLY TO UPGRADE THE EFFECTIVENESS OF THE INFRASTRUCTURE IN AND AROUND THE TOWN; AND TO CONDUCT SUCH OTHER ACTIVITIES AS ARE CONSISTENT WITH OR ANCILLARY TO THE ABOVE PURPOSES.