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su~eys and investi~;atit~rrs and tcs tilcsrs~ughfy study the Airtrrt ~cartcrr€~ic l~evelcrn~ent A~°ea ~Iithir~ <br />tfre ~:ity; <br />~r~;~,l3ursuarrt to the Act, the 1»lcpa€°trr-~c~rt has conducted surveys and irrvestigatiorrs <br />and has thc~roughfy studied the Airport Ecorrorr~ic ~evcloprrrerrt ,4rea ar~d the ~e~~eloprrrerrt ]Tarr;and <br />~1~~~, ulsarr such surveys, irzvestigatic~trs and studies having beery rrrade, the <br />C'ortrn3issiorr fends that the f'tan ~4r~rerrdment cannot be achieved by regaalat®ry processes cry by the <br />ordinary operations of private ea~terprise tn~itho-~t resor4 to the powers allowed under the pct eyed that <br />the public health acrd welfare ~~>ill he benefited by the accomplishment of the Ilan Arner~drncnt <br />~vl~iclr shat! inc;lucle the acquisition of the properties identified in ~~hibiit ~,; acrd <br />~~l~EI~A ~, the l~lar~ An~errdnient confcrrrns to other developmer3t and redevelcrpmerrt plans <br />for the Cifv; and <br />l~~I~EA~, u~sor€ such surveys, investigations acrd studies having been made, the <br />~'orurnission finds that the Icgal descr~ipticrn~de~rring the Area has become unrnanageab3e and should <br />he restated and con~rrrred. <br />1~'~I~a', '1'>i~ ~~~~~~, ~~ ~'~` ~+ ~~..~~+ l~ ~~' T~-l.lu ~~~T~: 1~1u~~ <br />~~+ ~~* ~~1..~]~1~~' `.~1~~I~~)r~l~~~ Cx'~~F~1~~1'~~ l~C)f)~1~ ~~' ~~' ~)'bTlj ~~'' 1~~~1T <br />~~ r~~l?~I~TI`~~r~1~T ~f~ ll~~~~~l~~~l~'li", .~,.~ ~CJ~.~~'~~~ <br />1. The ~amrrrissiorr hereby deterrrrirres that to accomplish the redeveloprr~etrt of the Area, <br />it is necessary to acgraire adclitior~al land ~rithin the Area, as sha~rr err l;xhibit ~ attached herefcr and <br />incorporated herein. <br />2. Tl~e Corrrn7issiorr hereby determines that the ptzlslic health ar~d welfare v~ill be <br />bencted by the accar~~rlishrnertt of the flan Arrrendmerrt. <br />3. The ~=ommissic~rr hereby determines that the accomplishment oftlte flan ~;.rrrendrrlet~t <br />will be of pu~rlic utility and benefit as rrreasured by: <br />a} the atfractior~ or retenticsrr of perr~~arrerat ~crbs; <br />~S~ are increase in the property base; <br />c~ it~preved diversity of the ecQrror~ric base; <br />d) ®fhc~• similar pulslic benefits. <br />4. `t`he Carnzraission l~e~feby deterr~~irres that the estimated cast of acquisition acrd <br />~•ecievelaprner~t of•ih~ pro~serty being added to the acquisition fist is ~f ~,4Q0,QOQ.Q~. <br />The ~fln7r7riS5ICrR7 hcref}v detet-rt~irres that the 1?laar Arr~endmerrt cnnfcrrrns tc~ other <br />