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No municipality shall exercise the authority herein conferred upon municipalities by this chapter until after its local governing body shall have adopted a resolution finding that:
1. One or more slum, blighted or economic development areas exist in the municipality.
2. The rehabilitation, conservation, redevelopment, development, or a combination thereof, of the area is necessary in the interest of the public health, safety, or welfare of the residents of the municipality.
Cite this article: FindLaw.com - Iowa Code Title IX. Local Government [Chs. 331-420] § 403.4. Resolution of necessity - last updated January 01, 2020 | https://codes.findlaw.com/ia/title-ix-local-government-chs-331-420/ia-code-sect-403-4.html
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