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WHEREAS, the Mooresville Town Council, after conducting a <br /> public hearing on this matter, has given careful consideration <br /> to all comments and views expressed and written evidence <br /> presented regarding the designation of the subject real estate <br /> as an "Economic Revitalization Area". <br /> NOW, THEREFORE, BE IT RESOLVED, the Mooresville Town <br /> Council confirms certain findings made in the subject <br /> Declaratory Resolution for designation of the real estate <br /> described above as an "Economic Revitalixation Area", those <br /> findings being to-wit : <br /> 1 . That said described property is located within the <br /> jurisdiction of the Mooresville Town Council for purposes set <br /> forth in Indiana Code 6`l ^ l-12 . I`2; and <br /> 2 . That this Council has determined, based on the <br /> information provided by the Applicant, that the site has become <br /> undesirable for or impossible for normal development and <br /> occupancy inasmuch as the property has failed to develop and has <br /> not attracted any industrial development in the past ten (10) <br /> years, which factor has caused a cessation of growth and <br /> prevents an efficient and normal use of the subject property; <br /> and <br /> 3 . That the subject real estate complies with the general <br /> requirements of the Mooresville Town Council according to <br /> Indiana Code 6-1 . 1-I2 . 1-2 for determining "Economic <br /> Revitalization Area" within the jurisdiction of said Council, as <br /> evidenced by the information provided in the Petitioner' s <br />