(A) There is hereby established, pursuant to Neb. Rev. Stat. § 18-2101.01, a Community Development Agency for the village.
(B) The Chairperson of the Board and Village Board of Trustees of the village are hereby designated to be the Community Development Agency for the village.
(C) The Chairperson of the Board of the Village shall be the Chairperson of the Community Development Agency; the Vice Chairperson of the Village Board of Trustees shall be the Vice Chairperson; and the Village Clerk-Treasurer shall be the secretary of the Community Development Agency.
(D) The Community Development Agency shall have the power and authority to exercise those powers and authority granted to a community redevelopment authority under the Community Development Law, being Neb. Rev. Stat. §§ 18-2101 et seq. The Community Development Agency shall also have the power and authority to do all community development activities and to do all things necessary to cooperate with the federal government in all matters relating to community development program activities as a grantee, or as an agent or otherwise, under the provisions of the Federal Housing and Community Development Act of 1974, being Pub. L. No. 93-383, § 808, 88 Sat. 633, 728, as amended through the Housing and Community Development Amendments of 1981, being 42 U.S.C. §§ 5301 et seq. The Community Development Agency may levy taxes for the exercise of such jurisdiction and authority and may issue general obligation bonds, general obligation notes, revenue bonds and revenue notes including those general obligation and revenue refunding bonds and notes for the purposes set forth in the Community Development Law and under the powers granted to any community redevelopment authority described therein.
(Ord. 2015-1, passed 5-5-2015)