Board resolution approving a community reinvestment project area plan -- Requirements.

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  • (1) a boundary description of the community reinvestment project area that is the subject of the community reinvestment project area plan;
  • (2) the agency's purposes and intent with respect to the community reinvestment project area;
  • (3) the proposed community reinvestment project area plan incorporated by reference;
  • (4) the board findings and determinations that the proposed community reinvestment project area plan:
    • (a) serves a public purpose;
    • (b) produces a public benefit as demonstrated by the analysis described in Subsection 17C-5-105(12);
    • (c) is economically sound and feasible;
    • (d) conforms to the community's general plan; and
    • (e) promotes the public peace, health, safety, and welfare of the community in which the proposed community reinvestment project area is located; and
  • (5) if the board made a development impediment determination under Section 17C-5-402, a statement that the board made a development impediment determination within the proposed community reinvestment project area and the date on which the board made the determination.




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