A board shall ensure that each resolution approving a proposed urban renewal project area plan as the project area plan under Subsection 17C-2-102(1)(a)(x) contains: (1) a boundary description of the boundaries of the project area that is the subject of the project area plan; (2) the agency's purposes and intent with respect to the project area; (3) the project area plan incorporated by reference; (4) a statement that the board previously made a development impediment determination within the project area and the date of the board's determination; and (5) the board findings and determinations that: (a) there is a need to effectuate a public purpose; (b) there is a public benefit under the analysis described in Subsection 17C-2-103(2); (c) it is economically sound and feasible to adopt and carry out the project area plan; (d) the project area plan conforms to the community's general plan; and (e) carrying out the project area plan will promote the public peace, health, safety, and welfare of the community in which the project area is located.
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