No. 3229 designating and declaring certain areas as economic development areas to amend the boundaries of the Airport Economic Development Area

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t t C 6. The Commission hereby finds and determines that the Plan Amendment conforms to other development and redevelopment plans for the City. 7. The Commission hereby finds and determines that it will be of public utility and benefit to consolidate the CDA Territory and the WWC Territory with and into the Original Airport Area, remove the Removed Territory from the Original Airport Area, to expand the Original Airport Area by adding the Expansion Area to the Original Airport Area, to add parcels of property to the Airport Acquisition List and to transfer certain parcels of property from the CDA Acquisition List and the WWC Acquisition List to the Airport Area Acquisition List as set forth herein and in the Plan Amendment, and develop them under the Act. f 8. The Commission determines that it is appropriate to revise the boundaries i` i of the West Washington-Chapin Development Area to reflect the removal of the WWC Territory 1 from the West Washington-Chapin Development Area and approves of the revised description of f the West Washington-Chapin Area set forth in Exhibit G attached hereto and made a part hereof. Upon adoption of this resolution by the Commission, the Commission determines that the remaining territory of the Central Development Area not being consolidated pursuant to this resolution which remaining territory is described at Exhibit H attached hereto and made a part hereof shall no longer constitute a redevelopment area or an allocation area under the Act as of I the date hereof. 9. The Plan Amendment is in all respects approved and is hereby adopted as the Plan Amendment for the Airport Area, which Plan Amendment shall include (i) the CDA C Territory, the WWC Territory and the Expansion Area as part of the Airport Area and (ii)the E CDA Acquisition List, the WWC Acquisition List and the newly added parcels of property as part of the Airport Acquisition List. Such Plan Amendment shall be entitled "Amendment to the Airport Economic Development Area Development Plan," and, when combined with the original Economic Development Plan for the Airport Area, shall be deemed to refer to such Airport Economic Development Area Development Plan as so amended. f 10. The maps and plats of the CDA Territory, the WWC Territory and the Expansion Area showing their boundaries, the location of the various parcels of property, streets, alleys, and other features affecting the acquisition, clearance, replatting, replanning, rezoning, or It redevelopment of the CDA Territory, the WWC Territory and the Expansion Area, that are to be devoted to public ways, levees, sewerage, parks, playgrounds, and other public purposes under 1 the Plan Amendment are hereby approved and adopted as the maps and plats for the CDA Territory, the WWC Territory and the Expansion Area. f' 11. The Commission approves of the addition of certain parcels of property to be acquired, as set forth in Exhibit F, to the Airport Acquisition List as set forth in the Plan Amendment. 1 12. The Commission previously found and determined that for purposes of the allocation provisions of Section 39 of the Act, the CDA Territory and the WWC Territory were l part of duly constituted allocation areas for purposes of the Act, which for purposes of the Act and this Resolution means the CDA Territory and the WWC Territory shall continue to be allocation areas under the Act. The Commission hereby finds and determines that the Original 1: 1. t i US.54706909.04 - 5