[Ord. 1846, 7/14/2006]
The Urban Redevelopment Law was created by the Commonwealth of Pennsylvania for the purposes set forth therein and with the knowledge that the replanning and redevelopment of certain areas within the Borough will promote the general public health, safety, convenience and welfare of the Borough citizens and the community as a whole. The Borough, in order to better facilitate the redevelopment, wishes to take advantage of the provisions of the Urban Redevelopment Law by creating a Redevelopment Authority which shall exist and operate for the public purposes such as the creation of economically and socially sound redevelopment of areas described in the Act, in conformity with the general Comprehensive Plan of the Borough for residential, recreational, commercial, industrial or other purposes and otherwise encouraging the provision of healthful housing stock, a decent living environment and adequate places of employment and commercial activity for the citizens of the Borough and the community at large.
a. Intention and Desire to Organize. Borough Council of the Borough of State College hereby creates a Redevelopment Authority under the provisions of the Urban Redevelopment Law of May 24, 1945, P.L. 991; 35 P.S. § 1701 et seq.; as amended. The Borough shall caused to be prepared, executed and filed in conformity with the terms and provisions of the Urban Redevelopment Law Articles of Incorporation to create the aforesaid Redevelopment Authority of State College Borough.
b. Execution of Articles of Incorporation Authorized. The Articles of Incorporation of said Redevelopment Authority shall be executed on behalf of the Borough of State College by Council President, attested by Council Secretary or Assistant Secretary and the seal of the Borough shall be affixed thereto. The Borough Solicitor is authorized and directed to cause the publication of the notice of adoption of the within Ordinance and to secure the execution and filing of the Articles of Incorporation with the Secretary of the Commonwealth of Pennsylvania creating the Redevelopment Authority of State College Borough.