17C-3-105. Board resolution approving an economic development project area plan -- Requirements.
Each board resolution approving a proposed economic development project area plan as the project area plan under Subsectionshall contain:
(1) a boundary description of the boundaries of the project area that is the subject of the project area plan;
(2) the agency's purposes and intent with respect to the project area;
(3) the project area plan incorporated by reference; and
(4) the board findings and determinations that: there is a need to effectuate a public purpose; there is a public benefit under the analysis described in Subsection; 17C-3-103(2) it is economically sound and feasible to adopt and carry out the project area plan; the project area plan conforms to the community's general plan; and carrying out the project area plan will promote the public peace, health, safety, and welfare of the community in which the project area is located.