Pursuant to I.C. 36-7-14 and 36-7-23, all of the territory within the corporate boundaries of the city will be a taxing district to be known as the redevelopment district of the city for the purpose of levying and collecting special benefit taxes for redevelopment purposes as provided in I.C. 36-7-14 and 36-7-23. The Common Council finds and determines that all of the taxable property within this special taxing1 district will be considered to be benefitted by the redevelopment projects and economic development projects carried out under I.C. 36-7-14 and 36-7-23 to the extent of the special taxes levied under the I.C. 36-7-14 and 36-7-23.
(Ord. 90-19, passed 11-12-1990)