(1) describe the boundaries of the project area, subject to Section 17C-1-414, if applicable;

(2) contain a general statement of the land uses, layout of principal streets, population densities, and building intensities of the project area and how they will be affected by the community development;

(3) state the standards that will guide the project area development;

(4) show how the purposes of this title will be attained by the project area development;

(5) be consistent with the general plan of the community in which the project area is located and show that the project area development will conform to the community's general plan;

(6) describe any specific project or projects that are the object of the proposed project area development;

(7) identify how a participant will be selected to undertake the project area development and identify each participant currently involved in the project area development;

(8) state the reasons for the selection of the project area;

(9) describe the physical, social, and economic conditions existing in the project area;

(10) describe any tax incentives offered private entities for facilities located in the project area;

(11) include an analysis or description of the anticipated public benefit to be derived from the project area development, including: (a) the beneficial influences upon the tax base of the community; and (b) the associated business and economic activity likely to be stimulated; and

(a) the beneficial influences upon the tax base of the community; and

(b) the associated business and economic activity likely to be stimulated; and

(12) include other information that the agency determines to be necessary or advisable.