(A) The city finds that:
(1) The area described in the Urban Renewal Plan (hereafter “Plan”), as amended, is blighted;
(2) Rehabilitation and redevelopment is necessary to protect the public health, safety or welfare of the city;
(3) The Plan conforms to the city’s Comprehensive Plan as a whole, and provides an outline for accomplishing the projects that the Plan proposes;
(4) Provisions have been made to house displaced persons within their financial means and in accordance with O.R.S. 35.500 through 35.530 and, except in the relocation of elderly or handicapped individuals, without displacing on priority lists persons already waiting for existing federally subsidized housing;
(5) No real property has been identified for acquisition at this time, and, therefore, that no findings of necessity have been made at this time;
(6) The adoption and carrying out of the Urban Renewal Plan is economically sound and feasible;
(7) The city shall assume and complete any activities prescribed within it by the Plan;
(8) The City Council hereby incorporates by reference the Plan, attached to the ordinance establishing this section as Exhibit A and hereby adopted by reference as if set out in full herein, as support for its above-mentioned findings; and
(9) The City Council further relies on the report on the Plan, attached to the ordinance establishing this section as Exhibit B, which is incorporated herein by reference, the report of the Planning Commission, the public hearing and the entire record before the City Council in this matter.
(B) The City Council hereby adopts and approves the Plan, as amended, pursuant to the provisions of O.R.S. Chapter 457, and directs the City Recorder to publish notice of the adoption of this section in accordance with the requirements of O.R.S. 457.115. This section shall take effect 30 days following its passage by the Council and approval by the Mayor.
(Prior Code, § 151.03) (Ord. 1215, passed 11-20-2006; Ord. 1243, passed 11-16-2009; Ord. 1267, passed 6-18-2012)