J. MILLARD TAWES, GOVERNOR                           1475

c) finds that the rehabilitation, redevelopment, or a combination
thereof, of such area or areas, is necessary in the interest of the
public health, safety, morals or welfare of the residents of such
municipality.

Section 5. Preparation and approval of Plan for Urban Renewal
Project.

The municipality, in order to carry out the purposes of this Ar-
ticle, shall prepare or cause to be prepared an urban renewal plan
for slum or blighted areas in the municipality, and shall formally
approve such plan. Prior to its approval of an urban renewal
project, the municipality shall submit such plan to the planning
body of the municipality, for review and recommendations as to its
conformity with the master plan for the development of the mu-
nicipality as a whole. The planning body shall submit its written
recommendation with respect to the proposed urban renewal plan
to the municipality within sixty days after receipt of the plan for
review; upon receipt of the recommendations of the planning body,
or, if no recommendations are received within said sixty days, then
without such recommendations, the municipality may proceed with
a public hearing on the proposed urban renewal project AND THE
PLAN THEREFOR. The municipality shall hold a public hearing
on an urban renewal project AND THE PLAN THEREFOR after
public notice thereof by publication in a newspaper having a gen-
eral circulation within the corporate limits of the municipality.
The notice shall describe the time, date, place and purpose of the
hearing, shall generally identify the urban renewal area covered by
the plan, and shall outline the general scope of the urban renewal
project under consideration. Following such hearing, the municipality
may approve an urban renewal prospect PROJECT and the plan there-
for if it finds that: (1) THE PROSPECTIVE URBAN RENEWAL
AREA, OR ANY PART THEREOF, IS IN FACT A SLUM OR
BLIGHTED AREA; (2) a feasible method exists for the location of
any families who will be displaced from the urban renewal area in
decent, safe and sanitary dwelling accommodations within their
means and without undue hardship to such families; (2) (3) the
urban renewal plan substantially conforms to the master plan of the
municipality as a whole; and (3) (4) the urban renewal plan will
afford maximum opportunity, consistent with the sound needs of the
municipality as a whole, for the rehabilitation or redevelopment of
the urban renewal area by private enterprise.

An urban renewal plan may be modified at any time, provided that
if modified after the lease or sale of real property in the urban
renewal project area, the modification may be conditioned upon such
approval of the owner, lessee or successor in interest as the mu-
nicipality may deem advisable and in any event shall be subject to
such rights at law or in equity as a lessee or purchaser, or his
successor or successors in interest, may be entitled to assert. Where
the proposed modification will substantially change the urban re-
newal plan as previously approved by the municipality, the modifi-
cation shall be formally approved by the municipality, as in the
case of an original plan.

Upon the approval by the municipality of an urban renewal plan
or of any modification thereof, such plan or modification shall be
deemed to be in full force and effect for the respective urban