§ 17C-5-108 — Board resolution approving a community reinvestment project area plan -- Requirements.

A board shall ensure that a resolution approving a proposed community reinvestment area plan as the community reinvestment project area plan under Section 17C-5-104 contains:
(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:

(4)(a) serves a public purpose;
(4)(b) produces a public benefit as demonstrated by the analysis described in Subsection 17C-5-105(12);
(4)(c) is economically sound and feasible;
(4)(d) conforms to the community's general plan; and
(4)(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.

Legislative History

Amended by Chapter 376, 2019 General Session