The City Council further declares, pursuant to O.R.S. 457.045(3), that all rights, powers, duties, privileges and immunities granted to and vested in an Urban Renewal Agency by the laws of the State of Oregon shall be exercised by and vested in the City Council of the city; provided, however, that any act of the governing body acting as the Urban Renewal Agency shall be considered the act of the Urban Renewal Agency only and not of the City Council.
(Ord. 1032, passed 10-6-1999)