A.
It is the purpose and intent of this article to adopt by reference a certain redevelopment plan prepared by the Township Committee dated July 2002, entitled “Delanco Township Redevelopment Plan.” This article is adopted under the authority of N.J.S.A. 40A:12A-1 et seq., the Local Redevelopment and Housing Law. This article, and the redevelopment plan adopted herein by reference, are intended to implement a series of redevelopment strategies to overcome certain obstacles to the comprehensive improvement of the Planned Industrial (PI) Zone and neighboring commercial properties of Delanco Township along Creek Road and Coopertown Road in order to improve the quality of life of the entire community of Delanco Township. The primary thrust of these strategies seeks to remove barriers to new investment, business and job creation through the improvement of what has been a stagnant and undeveloped portion of the Township. The Township will further seek to improve certain infrastructure and other improvements along roads, including sewers.
B.
By Res. No. 2002-76, adopted May 6, 2002, the Delanco Township Committee directed the Township Joint Land Use Board to undertake a preliminary investigation to make certain determinations regarding the establishment of a redevelopment area within the meaning of the aforementioned Local Redevelopment and Housing Law. In or about May 2002, in response to said resolution, the Delanco Township Joint Land Use Board, in conjunction with the Burlington County Office of Land Use Planning, issued a report entitled “Preliminary Investigation: Area in Need of Redevelopment” (preliminary investigation). Thereafter, pursuant to all notices required by law, the Delanco Township Joint Land Use Board conducted a public hearing on this matter, following which hearing, the Joint Land Use Board adopted the aforementioned preliminary investigation. On July 15, 2002, the Township Committee adopted Res. No. 2002-96, accepting the factual findings set forth in the aforementioned preliminary investigation and adoption of the geographical boundaries determined therein to define the proposed redevelopment area.