Utah § 17C-3-105 Board resolution approving an economic development project area plan -- Requirements.

Utah Statutes

§ 17C-3-105 — Board resolution approving an economic development project area plan -- Requirements.

Utah·Title 17C Limited Purpose Local Government Entities - Community Reinvestment Agency Act·Ch. 17C-3 Economic Development·Part 17C-3-1 Economic Development Project Area Plan

Each board resolution approving a proposed economic development project area plan as the project area plan under Subsection 17C-3-102(1)(g) shall 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:

(4)(a) there is a need to effectuate a public purpose;

(4)(b) there is a public benefit under the analysis described in Subsection 17C-3-103(2);

(4)(c) it is economically sound and feasible to adopt and carry out the project area plan;

(4)(d) the project area plan conforms to the community's general plan; and

(4)(e) carrying out the project area plan will

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Each board resolution approving a proposed economic development project area plan as the project area plan under Subsection 17C-3-102(1)(g) shall 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:

(4)(a) there is a need to effectuate a public purpose;
(4)(b) there is a public benefit under the analysis described in Subsection 17C-3-103(2);
(4)(c) it is economically sound and feasible to adopt and carry out the project area plan;
(4)(d) the project area plan conforms to the community's general plan; and
(4)(e) 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.

Utah § 17C-3-105 (Board resolution approving an economic development project area plan -- Requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.