99.330. Authority may be created, when.
Authority may be created, when.
99.330. There is hereby created in each community (as hereindefined) a public body corporate and politic, to be known as the"Land Clearance for Redevelopment Authority" of the community;provided, however:
(1) That such authority shall not transact any business orexercise its powers hereunder until or unless the governing bodyshall approve (by resolution or ordinance as herein provided) theexercise in such community of the powers, functions and duties ofan authority under this law; and provided further that, if itdeems such action to be in the public interest, the governingbody may, instead of such resolution or ordinance adopt aresolution or ordinance approving the exercise of such powers,functions and duties by the community itself or by the housingauthority, if one exists or is subsequently established in thecommunity, and in such event, the community or housing authority,as the case may be, shall be vested with all the powers,functions, rights, duties and privileges of a land clearance forredevelopment authority under this law;
(2) The governing body of a community shall not adopt aresolution or ordinance pursuant to subdivision (1) above unlessit finds:
(a) That one or more blighted, or insanitary areas (asherein defined) exist in such community, and
(b) That the redevelopment of such area or areas isnecessary in the interest of the public health, safety, morals orwelfare of the residents of such community.
(L. 1951 p. 300 § 4)