(a) After the public hearing, Council may approve the urban renewal plan by a majority vote. In the event that Council approves the urban renewal plan, it shall include in its approval the following findings:
(1) That the area described in the urban renewal plan is a deteriorating or blighted area;
(2) That the urban renewal plan for the project area shall afford maximum opportunity consistent with the sound needs of the locality as a whole for the redevelopment or rehabilitation of the project area by private enterprise;
(3) That the urban renewal plan conforms to the master plan as it then exists for the overall development of the City.
(Ord. 10-1990. Passed 5-21-90.)