Section 403.4. Resolution of necessity.  


Latest version.
  •   No municipality shall exercise the authority herein conferred upon municipalities by this chapter until after its local governing body shall have adopted a resolution finding that:

      1.  One or more slum, blighted or economic development areas exist in the municipality.

      2.  The rehabilitation, conservation, redevelopment, development, or a combination thereof, of the area is necessary in the interest of the public health, safety, or welfare of the residents of the municipality.

    [C58, 62, 66, 71, 73, 75, 77, 79, 81, §403.4]

    85 Acts, ch 66, §2