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<br />WHEREAS, there is a need for the LCRA, a public body corporate and politic created under <br /> <br />Missouri law, to undertake the development of the above described Area as a land clearance project <br /> <br /> <br />under said Statute, pursuant to plans by or presented to the LCRA under Section 99.430.1 (4) RSMo; and <br /> <br /> <br />WHEREAS, the LCRA has recommended the Plan to the Plan Commission of the City ("Plan <br /> <br /> <br />Commission") and to this City Council of the City ("City Council"); and <br /> <br />WHEREAS, the Plan Commission has recommended the Plan to the City Council; and <br /> <br />WHEREAS, the LCRA and Plan Commission have made and presented to this City Council the <br /> <br />reports, statements and certifications required to be made and submitted by Section 99.430 RSMo and <br /> <br />this City Council has been fully apprised by the LCRA and Plan Commission of the facts and is fully <br /> <br />aware of the conditions in the Area; and <br /> <br />WHEREAS, this City Council has duly considered the reports, recommendations and <br /> <br />certifications of the LCRA and the Plan Commission; and <br /> <br />WHEREAS, under the provisions of the Statute, it is required that this City Council take such <br /> <br />actions as may be required to approve the Plan; and <br /> <br />WHEREAS, it is desirable and in the public interest that a public body, the LCRA, undertake and <br />administer the Plan in the Area; and <br /> <br />WHEREAS, a general plan has been prepared and is recognized and used as a guide for the <br /> <br />general development of the City, known as the 1999 Comprehensive Plan Update (the "Comprehensive <br /> <br />Plan") and the Plan Commission has advised this City Council that the Plan conforms to the <br /> <br />Comprehensive Plan; and <br /> <br />WHEREAS, in accordance with the requirements of Section 99.430 of the Statute, this City <br /> <br />Council advertised that a public hearing would be held by this City Council on the Plan, and said hearing <br /> <br />was held at the time and place designated in said advertising and all those who were interested in being <br /> <br />heard were given a reasonable opportunity to express their views; and <br /> <br />WHEREAS, it is necessary that this City Council take appropriate official action respecting the <br /> <br />approval of the Plan. <br /> <br />PAGE 2 <br />