Pursuant to § 66.1335, Wis. Stats., there is hereby created
the Community Development Authority, as a separate body politic, for the purpose
of carrying out blight elimination, slum clearance, and urban renewal programs
and projects, which Authority shall be known as the "Community Development
Authority of the City of St. Francis."
The Community Development Authority shall have the exclusive power to
proceed to carry on blight elimination, slum clearance and urban renewal projects
in the City of St. Francis, except that the City may apply, accept and contract
for federal grants, advances and loans under the Housing and Community Development
Act of 1974, CPL 93-383.
The Mayor shall, with the confirmation of a two-thirds majority vote
of the Common Council, appoint seven resident persons having sufficient ability
and experience in the fields of urban renewal, community development and housing
as Commissioners of the Community Development Authority.
A. Two of the Commissioners shall be members of the Common
Council and shall serve during their term of office as Council members.
B. The first appointments of the five non-Council members
shall be for the following terms: two for one year and one each for terms
of two, three and four years. Thereafter, the terms of non-Council members
shall be four years and until their successors are appointed and qualified.
C. Vacancies shall be filled for the unexpired term as provided
in this section.
D. Commissioners shall be reimbursed their actual and necessary
expenses, including local travel expenses, incurred in the discharge of their
duties.
Bonds issued on or after adoption of this chapter by the Community Development
Authority are declared, pursuant to § 66.1335(5m), Wis. Stats.,
to be issued for an essential public and governmental purpose and to be public
instrumentalities and, together with interest thereon and income therefrom,
are exempt from taxes.
The powers conferred under this chapter shall be in addition and supplemental
to the powers conferred by any other law or ordinance. Insofar as this chapter
is inconsistent with any other law, this chapter shall control.
This chapter shall be construed liberally to effect its purposes, and
the enumeration of specific powers herein does not restrict the meaning of
any general grant of power contained in this chapter nor does it exclude other
powers comprehended in such general grant, as provided in § 66.1335(7),
Wis. Stats.
If any provision of this chapter or any provision of any rule or regulation
lawfully promulgated hereunder or any application of this chapter or rule
or regulation promulgated hereunder to any person, firm or corporation is
held invalid or inoperative, such invalidity or inoperativeness shall not
affect other provisions or applications of this chapter or rules or regulations.
The Common Council hereby declares that the provisions of this chapter and
all rules and regulations promulgated hereunder are severable.