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WHEREAS, at the public hearing held by the Commission on the date hereof (the "Public <br />Hearing"), the Commission heard all persons interested in the proceedings and considered any <br />written remonstrances that were filed and all evidence presented; and <br />WHEREAS, the Commission now desires to take final action determining the public utility <br />and benefit of the Plan Supplement and the proposed development projects for the Economic <br />Development Area and confirming the Amending Resolution, in accordance with Section 17 of <br />the Act. <br />NOW, THEREFORE, BE IT RESOLVED by the Town of Mooresville Redevelopment <br />Commission, as the governing body of the Town of Mooresville Redevelopment Department, as <br />follows: <br />1. After considering the evidence presented at the Public Hearing, the Commission <br />hereby confirms the findings and determinations, designations and approving and adopting actions <br />contained in the Amending Resolution. <br />2. After considering the evidence presented at the Public Hearing, the Commission <br />hereby finds and determines that it will be of public utility and benefit to proceed withthe proposed <br />projects set forth in the Plan Supplement, and the Plan Supplement is hereby approved in all <br />respects. <br />3. The Amending Resolution is hereby confirmed. <br />4. This Resolution constitutes final action, pursuant to Section 17(d) of the Act, by <br />the Commission determining the public utility and benefit of the proposed projects and confirming <br />the Amending Resolution. <br />5. The Secretary of the Commission is directed to record the final action taken by the <br />Commission pursuant to the requirements of Section 17(d) of the Act. <br />