(a)   It is found and determined that there exists within the City, slum, blighted, deteriorated and deteriorating areas of the nature defined in this chapter which constitutes a serious and growing menace, injurious and inimicable to the public health, safety, morals and general welfare of the residents thereof; that the existence of such areas:
      (1)   Contributes substantially and increasingly to the spread of disease and crime and to losses by fire and accident, necessitating excessive and disproportionate expenditures of public funds for the preservation of the public health and safety, for crime prevention, correction, prosecution and punishment, for the treatment of juvenile delinquency, for the maintenance of adequate police, fire and accident protection, and other public services and facilities;
      (2)   Constitutes an economic and social liability; and
      (3)   Substantially impairs and arrests the sound growth of the community, retards the provision of housing accommodations, aggravates traffic problems, and substantially impairs or arrests the elimination of traffic hazards and the improvement of traffic facilities.
   (b)   This menace is beyond remedy and control solely by regulatory processes and exercise of the police power, and cannot be dealt with effectively by the ordinary operation of private enterprise without the aids herein provided. The elimination in whole or in part of slum, blighted, deteriorated and deteriorating areas, and the prevention of occurrence or recurrence of such areas by redevelopment and by the conservation, rehabilitation and reconditioning to the extent feasible, of the salvageable portions of such areas, and by other activities pursuant to urban redevelopment or urban renewal as defined herein, are public uses and purposes for which public money may be expended and private property acquired by purchase, by donation and by eminent domain and are governmental functions of concern to the City and require the exercise of the powers of government granted to the City by the provisions of Article XVIII of the Ohio Constitution. The necessity in the public interest and general welfare, for the provisions of this chapter, is declared as a matter of legislative determination.
(1980 Code 38.02; Ord. 5777)