(A) Declaration of blight. Pursuant to O.R.S. 457.035, the Depoe Bay City Council, hereinafter referred to as City Council, hereby finds and declares that blighted areas, as defined in O.R.S. 457.010, exist within the city based upon the findings in division (F) below.
(B) Need. The City Council declares and recognizes that there is a need for an Urban Renewal Agency to function within the city.
(C) Powers and limitations. The City Council further declares, pursuant to O.R.S. 457.045(2), that all of the rights, powers, duties, privileges, and immunities granted to and vested in an Urban Renewal Agency by the laws of the state shall be exercised by and vested in the Urban Renewal Agency of the city, provided, however, that any act of the governing body acting as the Urban Renewal Agency shall be and shall be considered, the act of the Urban Renewal Agency only and not of the City Council.
(D) Agency title. The corporate name of the agency created by this section shall be, and said agency shall be known as the Depoe Bay Urban Renewal Agency.
(E) Membership. The Depoe Bay Urban Renewal Agency shall be comprised of nine members, including seven members of the City Council as it lawfully exists from time to time; and two at-large positions as prescribed in the Agency’s by-laws.
(F) Findings on blighting conditions.
(1) The City Council finds that there exist within the city blighting conditions as described by O.R.S. 457.010(1), and that the City Council is interested in improving conditions in such areas.
(2) The City Council further finds that blighting conditions exist within an area encompassing the downtown core area of the city, and areas adjacent and contiguous to the core area. Blighting conditions in this area are described in an urban renewal feasibility report presented to the City Council on October 2, 2007. The feasibility report notes the following conditions:
(a) Deficiencies in streets, water, sewer, and storm drainage facilities in the area;
(b) A high percentage of properties in the area with low assessed values, producing low tax revenues for taxing bodies;
(c) Evidence of substandard building maintenance in the area;
(d) Public facilities, especially port facilities, in need of repair or replacement; and
(e) Hazardous conditions resulting from angle parking on Highway 101.
(Ord. 280, passed 5-20-2008)