§ 725-15. Approval of the Urban Renewal Plan.

After the public hearing, council may approve the urban renewal plan by a majority vote, unless the city planning commission has failed to approve the plan, in which case it may be approved by a vote of not less than two-thirds of the members of council. In the event that council approves the urban renewal plan, it shall include in its approval the following findings:

(A)

That the area described in the urban renewal plan is a blighted area;

(B)

That there is a feasible method for the temporary relocation of the families displaced from the urban renewal or project area and that there are or are being provided in the area or in other areas not less desirable in regard to public utilities and public and commercial facilities at rents and prices within the financial means of the families displaced from the area decent, safe and sanitary dwellings equal in number to the number of and available to such displaced families, and reasonably accessible to their places of employment;

(C)

If financial aid is to be provided by the federal government, that the aid is necessary to enable the project to be undertaken in accordance with the urban renewal plan;

(D)

That the urban renewal plan will afford maximum opportunity consistent with the sound needs of the locality as a whole for the redevelopment or rehabilitation of the area by private enterprise;

(E)

That the urban renewal plan conforms to the master plan as it then exists for the overall development of the city.

(Ordained by Ord. No. 349-2011, § 1, eff. Dec. 23, 2011)