[HISTORY: Adopted by the Board of Commissioners of the City of Millville 9-19-2017 by Ord. No. 34-2017. Amendments noted where applicable.]
The City hereby adopts the "Redevelopment Plan for Block 266, Lots 7.04, 7.05, 7.06, 7.07, City of Millville, Cumberland County, NJ, September 2017" to facilitate the rehabilitation and development of the project area and City of Millville.
The Commission declares and determines that said redevelopment plan meets the criteria, guidelines and conditions set forth in N.J.S.A. 40A:12A-7, provides realistic opportunities for the rehabilitation and redevelopment of the City and is otherwise in conformance with N.J.S.A. 40A:12A-1, et seq.
The Commission shall have, be entitled to, and is hereby vested all power and authority granted by the aforementioned statutory provisions to effectuate the redevelopment plan.