Pursuant to ORS 457.035, the Cornelius city council finds and declares that blighted areas, as defined in ORS 457.010, exist within the city. Given the blighted conditions, the city council declares and recognizes that there is a need for an urban renewal agency to function within the city of Cornelius and hereby creates an urban renewal agency. The corporate name of the agency created by this chapter shall be known as the Cornelius urban renewal agency ("agency").
(Ord. 2019-01 § 2 (Exh. A), 2019)