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HomeMy WebLinkAbout1987-156-04.13.1987 RESOLUTION NO. 1987-156 RESOLUTION ESTABLISHING AN URBAN RENEWAL AREA FOR THE PURPOSE OF ECONOMIC DEVELOPMENT. WHEREAS, Chapter 403.2 of the Code of Iowa authorizes economic development as a purpose for approval of an Urban Renewal Plan and an Urban Renewal Project; and nrr- i ck WHEREAS, it is found and declared that there exists the continuing F need for programs to alleviate and prevent conditions of unemployment; and that it is accordingly necessary to assist and retain local industries and commercial enterprises to strengthen and revitalize the economy; that m accordingly it is necessary to provide means and methods for the oN encouragement and assistance of industrial and commercial enterprises in locating, purchasing, constructing, reconstructing , modernizing, -improving, maintaining, repairing, furnishing, equipping, and expanding ; ;� rthat accordingly it is necessary to designate areas of a municipality as 71: economic development areas for commercial and industrial enterprises; and that it is also necessary to encourage the location and expansion of commercial enterprises to more conveniently provide needed services and facilities of the commercial enterprises to the residents, and v c, rr. WHEREAS, the Donald Street Urban Renewal Area meets the criteria of an economic development area based on development plans submitted by Allen Memorial Hospital , and said area is located and described as follows: East one-half (1/2) of the Southeast one quarter excepting all existing public roadways lying within. (Logan Avenue Donald Street, Heath Street and Vold Drive) All located within Section 11, Township 89, Range 13 West, City of Waterloo, Black Hawk County, Iowa. WHEREAS, it is desirable and in the public interest that the Planning, Programming and Zoning Commission prepare surveys and plans in order to undertake and carry out an urban renewal project of the character contemplated in that certain area, proposed as an Urban Renewal Area, situated in the City of Waterloo, County of Black Hawk and State of Iowa. WHEREAS, it is recognized that urban renewal projects will require, among other things: (1) the approval of the urban renewal plan by the governing body of the locality in which the project is situated, and (2) the development of a feasible method for the relocation of families displaced from the urban renewal area. NOW, THEREFORE, BE IT RESOLVED BY City Council of the City of Waterloo, Section 1. That an economic development area is appropriate for an urban renewal project and that the undertaking by the City of Waterloo, Waterloo, Iowa, of surveys and plans for an urban renewal project of the character contemplated in the proposed Urban Renewal Area described above, is hereby approved and a Plan be prepared, and Section 2. That it is cognizant of the conditions that are imposed in the undertaking and carrying out of urban renewal projects, and that it is the sense of this body that a feasible method for the relocation of families displaced from the urban renewal area, in conformity with the Uniform Relocation Assistance and Acquisition Act, can be prepared. PASSED AND ADOPTED this 13th day of April , 1987. 2., ` -� 97 € 4 Bernardi. 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