In accordance with M.C.L.A. § 125.4318, the Township Board of Trustees has considered the factors enumerated in that section and herein stated, making the following determinations.
(A) There being less than 100 residents in the development area, a development area citizens council was not formed.
(B) The development plan meets the requirements set forth in § 316(2) of Public Act 57 of 2018, being M.C.L.A. § 125.4316(2).
(C) The proposed method of financing the development is feasible and the Authority has the ability to arrange the financing.
(D) The development is reasonable and necessary to carry out the purposes of Public Act 57 of 2018.
(Ord. 21, passed 5-21-1996)