Pursuant to Section 33101 of the Community Redevelopment Law, there is a need for the redevelopment agency created by Section 33100 of said Law to function in the city and said agency shall be known as the redevelopment agency of the city and shall transact business and exercise its powers under the Community Redevelopment Law.
(Ord. 87 § 1, 1987)
Pursuant to Section 33200 of the Community Redevelopment Law, the city council declares itself to be the agency provided for in Section 2.40.010 of this chapter and all of the rights, powers, duties, privileges and immunities vested by the Community Redevelopment Law in a redevelopment agency shall be, and are, vested in the city council. The city council finds that by serving as the agency, the public interest is served and the public safety and welfare are promoted in an effective manner.
(Ord. 87 § 2, 1987)