17C-5-108. Board resolution approving a community reinvestment project area plan -- Requirements.
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Effective 5/14/2019
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:
(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.
Amended by Chapter 376 , 2019 General Session