It is hereby found and declared, pursuant to the provisions of Section 33101 of the Community Redevelopment Law, that there is a need for the redevelopment agency created by Section 33100 of said law to function in the City, and said agency is hereby authorized to transact business and exercise its powers under the Community Redevelopment Law.
(§ 1, Ord. 30-NS, eff. April 2, 1969)