A board shall ensure that a resolution approving a proposed community reinvestment area plan as the community reinvestment project area plan under Section 17C-5-104 contains:

1. (1) a boundary description of the community reinvestment project area that is the subject of the community reinvestment project area plan;
2. (2) the agency's purposes and intent with respect to the community reinvestment project area;
3. (3) the proposed community reinvestment project area plan incorporated by reference;

4. (4) the board findings and determinations that the proposed community reinvestment project area plan:

   1. (a) serves a public purpose;
   2. (b) produces a public benefit as demonstrated by the analysis described in Subsection 17C-5-105(12);
   3. (c) is economically sound and feasible;
   4. (d) conforms to the community's general plan; and
   5. (e) promotes the public peace, health, safety, and welfare of the community in which the proposed community reinvestment project area is located; and
5. (5) if the board made a development impediment determination under Section 17C-5-402, a statement that the board made a development impediment determination within the proposed community reinvestment project area and the date on which the board made the determination.

Amended by Chapter 376, 2019 General Session