The city council of the city hereby declares itself to be the agency, with all the rights, powers, duties, privileges, and immunities vested by the Community Redevelopment Law, constituting Part 1 of Division 24 of the California Health and Safety Code, in the agency, pursuant to Section 33200 of the Community Redevelopment Law. It is hereby found that such action will serve the public interest and promote the public safety and welfare in an effective manner.
(Ord. 1395 §2)