(2) The ordinance shall include determinations and findings by the governing body of the municipality that:
(a) Each urban renewal area is blighted;
(b) The rehabilitation and redevelopment is necessary to protect the public health, safety or welfare of the municipality;
(c) The urban renewal plan conforms to the comprehensive plan and economic development plan, if any, of the municipality as a whole and provides an outline for accomplishing the urban renewal projects the urban renewal plan proposes;
(d) Provision has been made to house displaced persons within their financial means in accordance with ORS 35.500 to 35.530 and, except in the relocation of elderly individuals or individuals with disabilities, without displacing on priority lists persons already waiting for existing federally subsidized housing;
(e) If acquisition of real property is provided for, it is necessary;
(f) Adoption and carrying out of the urban renewal plan is economically sound and feasible; and
(g) The municipality shall assume and complete any activities prescribed it by the urban renewal plan. [1979 c.621 §3; 1989 c.224 §121; 2007 c.70 §263; 2019 c.580 §6]