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<br />I <br />! <br /> <br /> <br />ject Area: (2) modified Existing Plans for the Existing Districts reflecting increased <br />graphic area, increased project costs and increased bonded indebtedness within the <br />ject Area; and, (3) a Proposed Plan for the Proposed District defining more precisely <br />properties to be included, the public costs to be incurred and other matters relating <br />reto, <br /> <br />1.05, The Council has performed all actions required by law to be performed prior <br />t he approval and adoption of the modified Program, the modified Existing Plans and <br />t Proposed Plan. <br /> <br />1,06. The Council hereby determines that it is necessary and in the best interests <br />o he City at this time to approve and adopt all modifications to the Program and the <br />E sting Plans, to create the Proposed District and to approve and adopt the Proposed <br />P n relating thereto, <br /> <br />Section 2. General Findings. <br /> <br />2.01. The Council hereby finds, determines and declares that the assistance to <br />b provided through the adoption and implementation of the modified Program, the <br />dified Existing Plans and the Proposed Plan (collectively the "Plans") is necessary to <br />a ure the development and redevelopment of the Project Area, <br /> <br />2.02, The Council hereby finds, determines and declares that the Plans conform <br />to he general plan for the development and redevelopment of the City as a whole in that <br />th yare consistent with the City's comprehensive plan. <br /> <br />2,03, The Council hereby finds, determines and declares that the Plans afford <br />m ximum opportunity, consistent with the sound needs of the City as a whole, for the <br />d elopment and redevelopment of the Project Area by private enterprise, and it is <br />c templated that the development or redevelopment thereof will be carried out pursuant <br />to evelopment contracts with private developers. <br /> <br />2,04, The Council hereby finds, determines and declares that the approval and <br />a ption of the Plans is intended and, in the judgment of this Council, its effect will be to <br />mote the purposes and objectives specified in this Section 2 and otherwise promote <br />ain public purposes and accomplish certain objectives as specified in the Plans. <br /> <br /> <br />2.05. The Council hereby finds, determines and declares that the City made the <br />a ve findings stated in this Section 2 and has set forth the reasons and supporting facts <br />fo each determination in the Plans and Exhibit A of this Resolution, <br /> <br />Section 3. Specific Findings for the Proposed District. <br /> <br />2 <br /> <br />!I <br />d <br />