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WHEREAS, this City Council did, by Ordinance No. 4541, adopt an amend- <br />ment to said plan on November 24, 1969; and <br /> <br /> WHEREAS, this City Council did, by Ordinance No. 5267 further amend said <br />plan on November 17, 1980; and <br /> <br /> WHEREAS, the Authority wishes to further modify said plan in certain <br />aspects; and <br /> <br /> WHEREAS, the Authority has prepared a Modified plan which has been <br />referred to the City Council for their review and approval; the Modified Plan <br />being dated April 8, 1987; and <br /> <br /> WHEREAS, the Modified Plan contains substantial modifications to the <br />previously approved Plan; and <br /> <br /> WHEREAS said Modified Plan has been approved by the Board of Commission- <br />ers of the Authority; and <br /> <br /> WHEREAS, a general plan has been prepared and is recognized and used as <br />a guide for the general development of the City as a whole; and <br /> <br /> WHEREAS, the City Plan Commission, which is the duly designated and act- <br />ing official planning body for the locality, has submitted to the Authority its <br />recommendations concerning the redevelopmerit proposed by the Modified Plan; and <br /> <br /> WHEREAS, the City Council has duly considered the report of the City <br />Plan Commission and its recommendation; and <br /> <br /> WHEREAS, the Authority has accompanied its recommendation of the Modi- <br />fied Plan to the City Council by a statement of the proposed method and cost of <br />acquisition and preparation for redevelopment and the estimated proceeds or <br />revenues to be derived from the disposition of any land acquired under the <br />Modified Plan; the proposed methods of financing development under the Modified <br />Plan; the lack of necessity for a relocation plan for families due to the absence <br /> <br />of any proposed relocation in the Project Area as affected by the Modified Plan; <br />and a statement of the proposed length of time necessary to carry out the <br />Modified Plan; and <br /> WHEREAS, in accordance with the requirements of Section 99,430(8) R.S. <br />Mo., 1978, as Modified, the City Council has advertised that a public hearing <br /> <br />would be held on the Modified Plan and said public hearing was duly held at 7:30 <br />P.M. on June 1, 1987, and all of those who were interested in being heard were <br />given a reasonable opportunity to express their views; and <br /> <br /> WHEREAS, it is necessary that the City Council take appropriate official <br /> action regarding the approval of the Modified Plan. <br /> <br />2 <br /> <br /> <br />