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i 3 INTRODUCED BY COUNCILMEMBER LEVY BILL NO. 7689 ORDINANCE NO. 5484 E AN ORDINANCE FINDING THAT A CERTAIN BLIGHTED AREA EXISTS IN THE CITY OF UNIVERSITY CITY, AND THAT THE REDEVELOP- MENT OF SUCH AREA IS NECESSARY AND IN THE PUBLIC INTEREST UNDER CHAPTER 99 OF THE REVISED STATUTES OF MISSOURI, 1978, AS AMENDED, APPROVING THE REDEVELOPMENT PLAN ("PLAN") FOR THE TRINITY/WASHINGTON/KINGSBURY REDEVELOP- MENT 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 ENTER- PRISE; FINDING THAT THERE IS NO NEED FOR RELOCATION BE- CAUSE THERE ARE NO OCCUPANTS TO BE DISPLACED FROM THE PROJECT AREA; PROVIDING FOR TAX ABATEMENT UNDER CHAPTER , 353, REVISED STATUTES OF MISSOURI, AS AMENDED; AND CON- TAINING AN EMERGENCY CLAUSE. WHEREAS, by reason of the predominance of defective or inadequate i street layout, insanitary or unsafe conditions, deterioration of site improve- ments, improper subdivision or obsolete platting, and the existence of condi- tions which endanger life or property by fire and other causes, the area r described in Exhibit A hereto (the "Project Area") retards the provision of housing accommodations or constitutes an economic or social liability or a menace to the public health, safety, morals or welfare in its present condition or use; and WHEREAS, the clearance, replanning, rehabilitation or reconstruction of the Project Area and the provision for such industrial, commercial, residen- tial, recreational, or public structures and spaces as may be appropriate, including other facilities incidental or appurtenant thereto, is necessary and in the public interest under Chapter 99 of the Revised Statutes of Missouri, r 1978, as amended, and is necessary in the interest of public health, safety, morals and general welfare of the people of the City of University City; and WHEREAS, such conditions are beyond remedy and control solely by regulatory process in the exercise of the police power and cannot be dealt with effectively by ordinary private enterprise without the aids provided in the Urban Redevelopment Corporations Law, Chapter 353, Revised Statutes of Missouri, Land Clearance for Redevelopment 1978, as amended, and in the L Law Chapter P � ter 99,P Revised Statutes of Missouri, 1978, as amended; 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 t