A municipality shall not exercise the authority conferred upon municipalities by this chapter until after its local governing body has adopted a resolution finding that:
1. One or more slum, blighted or economic development areas exist in the municipality.2. The rehabilitation, conservation, redevelopment, development, or a combination thereof, of the area is necessary in the interest of the public health, safety, or welfare of the residents of the municipality.85 Acts, ch 66, §2; 2020 Acts, ch 1063, § 210
Amended by 2020 Iowa, ch 1063, s 210, eff. 7/1/2020.C58, 62, 66, 71, 73, 75, 77, 79, 81, §403.485 Acts, ch 66, §2Referred to in §403.14, 403.15