The city council determines and finds as follows:
A. The project area comprising the major portion of the central business district of the city as above described as a "blighted area" as defined in section 11-19-2, Utah Code Annotated 1953, as amended, or its successor, and that the redevelopment of such area is necessary to effectuate the public purposes set forth in the Utah neighborhood development act and public purposes intended by the establishment of the redevelopment agency of the city.
B. The redevelopment plan would redevelop the above described area in conformity with the Utah neighborhood development act and is in the best interests of the public peace, health, safety and welfare of the area and the community.
C. The adoption and carrying out of the plan is feasible and economically sound.
D. The redevelopment plan conforms to and is compatible with the master plan of the city.
E. The carrying out of the redevelopment plan will promote the public peace, health, safety and welfare of the community and will effectuate the purposes and policy of the Utah neighborhood development act.
F. The condemnation of the real property, as provided for in the redevelopment plan, is necessary to the execution of the redevelopment plan and adequate provisions have been made for the payment of such property to be acquired as required by law.
G. The redevelopment agency of the city has a feasible plan for the relocation of persons, if any, to be temporarily or permanently displaced from housing facilities in the project area.
H. Persons displaced from the project area, if any, are able to find or will be able to find either in the project area or in areas not generally less desirable in regard to public utilities and public and commercial facilities, and at rents or prices within their financial means and available to them, decent, safe and sanitary dwellings equal in number to the number of dwellings displaced and reasonably accessible to their places of employment. (Ord. 44-82 § 1, 1982: prior code § 24-8-6)