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BILL NO. 76O9 INTRODUCED BY COUNCILMEMBER ADAMS ORDINANCE NO. 5405 AN ORDINANCE RATIFYING AND CONFIRMING THAT THE LEWIS CENTER REDEVELOPMENT AREA IS AN INSANITARY AND BLIGHTED AREA, WHICH SHOULD BE REDEVELOPED IN THE P~LIC INTEREST; APPROVING THE DEVELOPMENT PLAN ("PLAN") FOR THE LEWIS CENTER REDEVELOP,_~ENT AREA FINDING THAT SAID PLAN CONFORMS TO THE GENERAL PLAN FOR THE DEVELOPMENT OF THE CITY; FINDING THAT THE FINANCING PLAN TO ENABLE THE AREA TO BE REDEVELOPED IN ACCORDANCE WITH THE PLAN IS FEASIBLE AND AFFORDS MAXIMUM OPPORTUNITY FOR DEVELOPMENT OF THE AREA BY PRIVATE ENTERPRISE; FINDING THAT THERE IS NO NEED FOR RELOCATION BECAUSE THERE ARE NO OCCUPANTS TO BE DISPLACED FROM THE PROJECT AREA; PROVIDING FOR TAX ABATE- MENT UNDER CHAPTER 353, REVISED STATUTES OF MISSOURI, AS AMENDED; STATING NO OBJECTION TO THE ENTERING INTO BY THE LAND CLEARANCE FOR REDEVELOPMENT AUTHORITY OF UNIVERSITY CITY AND LEWIS CENTER REDEVELOPMENT CORPORATION OF A REDEVELOPMENT CONTRACT; AND CONTAINING AN EMERGENCY CAUSE. WHEREAS, the City Council of the City of University City, by Ordinance No. 5402, declared the real estate as described in Exhibit A attached hereto and known as the Lewis Center Redevelopment Area (the "Project Area"), to be blighted in the manner described in Chapter 9q and 353 of the Revised Statutes of Missouri, 1978, as amended; and WHEREAS, this menace is beyond the remedy and control solely by regulatory process in the exercise of the police power and cannot be dealt with effectively by the ordinary operations of private enterprise without the aids provided by the Land Clearance for Redevelopment Law, Sections qQ.030- 99.715, Revised Statutes of Missouri, 1978, as amended (the "Act"); and WHEREAS, the elimination or prevention of the detrimental conditions in such areas, the acquisition and preparation of land in or necessary to the development, the renewal or rehabilitation of such areas and its sale or lease for development, renewal or rehabilitation in accordance with general plans and redevelopment or urban renewal plans of the said City, and any assistance which may be given by any public body of the said City in connection therewith are public uses and purposes for which public money may be expended and private property acquired; and WHEREAS, recommendations have been made to the University City Council by the University City Plan Commission ("Plan Commission") and the Land Clearance for Redevelopment Authority of the City of University City ("Authority") concerning a certain blighted, insanitary, deteriorated and deteriorating area; and