It is found and determined that there exist within the village, slum, blighted, deteriorated, and deteriorating areas of the nature defined in this chapter which constitute a serious and growing menace injurious and inimicable to the public health, safety, morals, and general welfare of the residents thereof; and the existence of such areas:
(A) Contributes substantially and increasingly to the spread of disease and crime, and to losses by fire and accident, necessitating excessive and disproportionate expenditures of public funds for the preservation of the public health and safety, for crime prevention, correction, prosecution, and punishment, for the treatment of juvenile delinquency, for the maintenance of adequate police, fire, and accident protection, and for other public services and facilities;
(B) Constitutes an economic and social liability; and
(C) Substantially impairs and arrests the sound growth of the community; retards the provision of housing accommodations, aggravates traffic problems, and substantially impairs or arrests the elimination of traffic hazards and the improvement of traffic facilities; and that this menace is beyond remedy and control solely by regulatory processes and exercise of the police power, and cannot be dealt with effectively by ordinary operation of private enterprise without the aids herein provided; that the elimination in whole or in part of slum, blighted, deteriorated, and deteriorating areas, and the prevention of occurrence or recurrence of such areas by redevelopment and by the conservation, rehabilitation, and reconditioning, to the extent feasible, of the salvageable portions of such areas, and by other activities pursuant to-urban redevelopment or urban renewal, are public uses and purposes for which public money may be expended and private property acquired by purchase, by donation, and by eminent domain and are governmental functions of concern to the village, and require the exercise of the powers of government granted to the village by the provisions of Article XVI II of the Ohio Constitution and that the necessity in the public interest and general welfare, for the provision of this chapter is declared as a matter of legislative determination.
(1995 Code, § 152.01) (Ord. 9-1967, passed 10-10-1967)