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NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, MISSOURI, AS FOLLOWS: Section 1. It iS hereby found, determined and declared that the Project Area described in the Modified Delmar Loop Urban Renewal Plan is a blighted, \ insanitary and undeveloped industrial area as defined in Section 99.320 R.S. Mo., 1978 as Modified , and that the conditions existing therein constitute an economic and social liability and are detrimental to the public safety, health, morals and welfare of the community. Section 2. That said Modified Plan, dated April 8, 1987, which is attached hereto and incorporated herein by this reference, having been duly reviewed and considered, is hereby approved and the City Clerk be and is hereby directed to file copies of the Modified Plan with the Minutes of this meeting and to have this ordinance recorded in the office of the Recorder of Deeds of St, Louis County, Missouri. Section 3. It is hereby found and determined that said Modified Plan conforms to the general plan for the development of the commaunity as a whole and that the Modified Plan is feasible. Section 4. It is hereby found and determined that the Modified Plan will afford maximum olpportunity consistent with the sound needs of the locality as a whole for the redevelopmerit of the area. Section 5. The City Council has determined that there is no need for a plan for the relocation of individuals, families, or businesses, as no such persons or entities will be displaced as a result of the modifications made to the the Plan. Section 6. That in order to implement and facilitate the carrying out of the Modified Plan, it is found and determined that certain official action may be required by this body, and accordingly the body hereby pledges its cooperation in helping to carry out the Modified Plan and request the various officials, departments, boards and agencies of the locality which have administrative responsbilities likewise to cooperate to such end and exercise their respective functions and powers in a manner consistent with the Modified Plan, and the Council stands ready to consider and take appropriate action upon proposals and measures designed to effectuate the Modified Plan. Section 7. It is hereby found and determined that the Modified Plan may be carried out in the manner providedby law, and, that in the event of the sale or other disposition of real property of any redevelopment corporation enjoying