The City Council hereby determines the following considerations:
   (A)   The tax increment financing plan and development plan meets the requirements as set forth in Public Act 57 of 2018, being M.C.L.A. §§ 125.4201 to 152.4230;
   (B)   The proposed method of financing the development as detailed in the tax increment financing plan and development plan is feasible and the authority has the ability to arrange the financing;
   (C)   The development is reasonable and necessary to carry out the purposes of this act;
   (D)   The development plan is in reasonable accord with the master plan of the city;
   (E)   Public services, including, but not limited to, fire and police protection and utilities, are or will be adequate to serve the project area; and
   (F)   Any proposed changes in zoning, streets, street levels, intersections and utilities are reasonably necessary for the project and for the city.
(Prior Code, § 1.298)  (Ord. 426, passed 5-16-1983)