§ 9-2. Legislative findings; declaration of necessity.

It is declared:

(1)

That there exist in the city unsanitary, unsafe and overcrowded dwelling accommodations; that there is a shortage of safe and sanitary dwelling accommodations available at rents or prices which persons of low to moderate income can afford and that such shortages force such persons to occupy unsanitary, unsafe and overcrowded dwelling accommodations.

(2)

That there exist in the city unsightly, unsafe, deteriorating and underutilized commercial structures that have an adverse impact on the city's tax base, hamper efforts to maximize employment opportunities for residents, and provide a blighting influence on surrounding residential and commercial structures.

(3)

That the aforesaid conditions constitute a menace to the health, safety, morals and welfare of the residents of the city; that these conditions necessitate excessive and disproportionate expenditures of public funds for public health and safety, fire and accident prevention, and other public services and facilities.

(4)

That the shortage of safe and sanitary dwellings for persons of low to moderate income is not being fully relieved by the operation of private enterprise, and that assistance by the public sector in rehabilitation and repair of residential housing is necessary and would not be competitive with private enterprise.

(5)

That rehabilitation of residential structures would help to make housing available for persons of low to moderate income.

(6)

That rehabilitation activities carefully correlated with general economic activity and the undertakings authorized by this act to aid the rehabilitation of housing and the production of more desirable neighborhood and community development at lower cost will make possible more stable and a larger volume of rehabilitation which will assist materially in obtaining full employment.

(7)

That the general economic, social and financial conditions existing in many neighborhoods of the city make it difficult, if not impossible, for persons of all income ranges, as well as private enterprises, for profit, to successfully rehabilitate residential structures without the injection of public funds.

(8)

That the powers conferred by this article are for public uses and public purposes for which public money may be expended and that the necessity and the public interest for the provisions herein are enacted and declared as a matter of legislative determination.

(Code 1964, § 10A-1; Code 1988, § 8-77; Ord. No. 64521, § 1, 9-15-1983)