(A) Generally. As required by M.C.L.A. §§ 125.1651 through 125.1681, the Village Council has, in reviewing the Development Plan, taken into account the following considerations.
(B) Specifically.
(1) The Plan meets the requirements set forth in M.C.L.A. § 125.1667(2).
(2) The proposed method of financing the development is feasible and the Authority has the ability to arrange the financing.
(3) The development is reasonable and necessary to carry out the purposes of M.C.L.A. §§ 125.1651 through 125.1681.
(4) The land included within the Development Area to be acquired, if any, is reasonably necessary to carry out the purposes of the Plan and of M.C.L.A. §§ 125.1651 through 125.1681 in an efficient and economically satisfactory manner.
(5) The Development Plan is in reasonable accord with the Master Plan of the village.
(6) Public services, such as fire and police protection and utilities, are or will be adequate to service the Development Area.
(7) Changes in zoning, streets, street levels, intersections, and utilities, to the extent required by the Plan, are reasonably necessary for the projects described therein and for the village.
(Prior Code, § 440.03)