(A) There is hereby established pursuant to Neb. RS 18-2101.01 a Community Development Agency for the City of Schuyler, Nebraska.
(B) The Mayor and City Council are hereby designated to be the Community Development Agency for the city.
(C) The Mayor shall be the Chairperson of the Community Development Agency; the president of the City Council shall be the Vice Chairperson; and the City Clerk 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 Neb. RS 18-2101 to 18-2144. 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, as amended through the Housing and Community Development Amendments of 1981. 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 such sections and under the powers granted to any community redevelopment authority described therein.
(E) All assets and liabilities of the Community Redevelopment Agency of the City of Schuyler are hereby assigned to the Community Development Agency of the City of Schuyler, which shall assume said liabilities.
(Ord. 2013-1, passed 2-19-2013)