The Township Committee hereby finds and determines
that the specifically delineated project area, as shown on the maps
attached to the Township Committee’s Delanco Township Redevelopment
Plan, July 2002 and as more specifically set forth on the attached
schedule of properties within the Redevelopment Area (Schedule A,
attached hereto, and made a part hereof), is, in fact, an area in need of redevelopment in accordance
with the criteria set forth at N.J.S.A. 40A:12A-5, and concludes that
the Township’s Joint Land Use Board has met its obligation to
follow the criteria as set forth at said statute prior to making said
recommendation.
The Township Committee hereby adopts by reference,
and incorporates same as if set forth herein at length, the Delanco
Township Redevelopment Plan, June 2002. In adopting said plan, the
governing body hereby declares and determines that said plan meets
the criteria, guidelines and conditions set forth at N.J.S.A. 40A:12A-7;
provides realistic opportunities for redevelopment in said area; and
is otherwise in conformance with the provisions of the Local Redevelopment
and Housing Law, N.J.S.A. 40A:12A-1 et seq. The Township Committee
further finds and determines that said Redevelopment Plan is consistent
with and conforms to the Township’s Master Plan.
The Township Committee, as the governing body
of the Township of Delanco, shall have, be entitled to and is hereby
vested with all powers and authority available to it in furtherance
of the goals and purposes of said redevelopment plan. The Township
Committee is specifically empowered with, and authorized to undertake,
all such actions, proceedings and undertakings as set forth at N.J.S.A.
40A:12A-1 et seq., including by way of example, and not by way of
limitation, those powers set forth at N.J.S.A. 40A:12A-8, 40A:12A-9,
40A:12A-10, 40A:12A-13, 40A:12A-22, 40A:12A-27, 40A:12A-37, 40A:12A-38,
40A:12A-39 et seq.
Pursuant to the requirements of N.J.S.A. 40A:12A-43,
the Township shall submit an annual report to the Commissioner of
the Department of Community Affairs of the State of New Jersey indicating
the name, location and size of all projects undertaken in the redevelopment
area. In addition, the annual report shall contain such information
as the Commissioner shall deem necessary in order to fulfill the reporting
requirements of N.J.S.A. 52:27D-3.3