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.;`A � � e •25OLv�ioir t 'ILI { Y' Legal Report (Cont'd) , Par 2.g. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BATESVILLE, ARKANSAS, APPROVING THE GENERAL URBAN RENEWAL PLAN AND THE FEASIBILITY OF RELOCATION . FOR THE NEIGHBORHOOD DEVELOPMENT PROGRAM OF BATESVILLE, ARKANSAS AND APPROVING THE FILING OF AN APPLICATION OR APPLICATIONS FOR FINAN- CIAL ASSISTANCE FOR THE CARRYING OUT OF A NEIGHBORHOOD DEVELOPMENT PROGRAM AND THE ANNUAL INCREMENT COVERED THEREBY ,. 4 3 }- WHEREAS, under the provisions of Title I of the Housing Act of z 1949, as amended, the Renewal Assistance Administrator of the Dept. of Housing and Urban Development is authorized to provide financial assistance to Local Public Agencies for undertaking and carrying out urban renewal projects ; and WHEREAS, it is provided in such Act that contracts for financial aid thereunder shall require that the General Urban Renewal Plan for the Neighborhood Development Program area be approved by the governing body of the locality in which the project is situated and that such approval include findings by the governing ` body that: ( 1 ) the financial ' aid to be provided in the contract is necessary to enable the project ' + to be undertaken in accordance with the General Urban Renewal Plan; (2) the General Urban Renewal Pian will afford maximum opportunity, consistent with the sound needs of the locality as a whole, for the rehabilitation or redevelopment of the urban renewal area by private enterprise; (3) the General Urban Renewal Plan conforms to a general plan for the development of the locality as a whole; and (4) the General Urban Renewal Plan gives due consideration to the provision of adequate park and recreational areas and facilities , as may be desirable for neighborhood improvement, with special consideration for the health, safety and welfare of children residing in the general vicinity of the site covered by the Plan; and WHEREAS, it is desirable and in the public interest that the Urban Renewal Authority of the City of Batesville, Arkansas (herein called the Urban Renewal Authority) undertake and carry out the General Urban Renewal Plan (herein called the "Plan" ) identified as the General Urban Renewal Plan for the Neighborhood Development Program of Batesville, Arkansas , encompassing the area as described by the attached description in the City of Batesville, State of Arkansas (herein called the "Locality" ) ; and WHEREAS, the Urban Renewal Authority has applied for financial .assistance under such Act and proposes to enter into a contract or . contracts with the Department of Housing and Urban Development for the undertaking of, and for making available, financial assistance for, the Project to permit the carrying out of a Neighborhood Devel.o_- ment Program and the annual increments covered thereby; and WHEREAS, the Urban Renewal Authority has made detailed studi,es�" of the location, physical condition of structures , land use, environ- mental influences and social , cultural and economic conditions of the project area and has determined that the area is a slum and blighted area and that it is detrimental and a menace to the safety, health - -- --and--welfare of the inhabitants and—users thereof, and of the locality at large because the area substantially contributes to the increased spread of disease and crime, constitutes an economic and social liability -imposing onerous burdens which decrease the tax base and reduce tax revenues, substantially . iiapa-i r and rrest sound urban growth, retards sound economic. devel,opment, 'agravate traffic problems and substantially, impair and arrest eliminatio of traffic hazards I and the improvement of traffic facilit *s; tha the prevention and elimination of blight is a ratter of 04.1icy and concern; and the members of this City Council have been fully apprised by the Urban Renewal Authority and ?are aware of theses facts 'and conditions; and t Y ; ND .6-01• . ;. Zle