(A) The Mayor and City Council hereby find and determine that it is necessary and desirable for purposes of providing for the redevelopment and general welfare of the city 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 city an agency to be known as the Community Development Agency of the City of Wahoo, Nebraska, which shall consist of the Mayor and City Council as exercising the powers of such Agency in accordance with Neb. RS 18-2101.01. As provided in Neb. RS 18-2101.01, such Agency shall exercise all of the powers and authority provided for in Neb. RS 18-2101 to 18-2144, both inclusive and 18-2145 to 18-2154, both inclusive, as now existing, as amended, and as hereafter amended.
(C) The Agency, as hereby created shall function under the direction of the Mayor and Council and shall exercise such of the powers herein described or referred to as shall be determined appropriate from time to time by the Mayor and Council as the governing body of such Agency and as determined by resolution or ordinance duly adopted by said body from time to time.
('72 Code, § 2-206) (Ord. 1619, passed 11-13-97; Am. Ord. 1891, passed 2-10-05)