(A) The Board of Trustees hereby finds and determines that it is necessary and desirable for purposes of providing for the redevelopment and general welfare of the village that a community development agency be created pursuant to Neb. RS 18-2101.01.
(B) There shall be and there is hereby created in and for the village an agency to be known as the Community Redevelopment Authority of the village which shall consist of the members of the Board of Trustees, which Agency shall exercise all of the power and authority granted to a community redevelopment authority in Neb. RS 18-2101 et seq., as amended, and as hereafter amended.
(C) The Agency hereby created shall function in the same manner as the Board of Trustees, under the direction of the Chairperson of the Board of Trustees or such other trustee as voted on by the majority of the members of the Board of Trustees to direct the Agency, and shall exercise such powers as are set forth in the above-described statutes and in the manner as shall be deemed from time to time by the Board of Trustees as the governing body of the village, and as determined by resolution or ordinance duly adopted by said governing body from time to time.
(Ord. 669, passed 7-12-2023)