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RESOLUTION 3, 2008 <br /> MOORESVILLE TOWN COUNCIL <br /> CONFIRMATORY RESOLUTION FOR THE ON THE OF <br /> CO LLC <br /> AN ECONOMIC L OLIVE REVITALIZATION <br /> AND OLIVE OAK, <br /> APPLICATION OF MT . <br /> WHEREAS, <br /> the Town Council of the Civil Town Mooresville <br /> redevelopment and <br /> recognizes the need to stimulate and <br /> ehabilitation of certain areas located within <br /> the Town; <br /> r <br /> WHEREAS, the <br /> Town Council of the Civil Town of Mooresvil e <br /> es that the general health and welfare of its <br /> further recogn�-2 rowth of existing citizens would best be <br /> served by stimulating q <br /> businesses and industries located within the Town; and in the <br /> WHEREAS, further stagnation of business and industry <br /> Town constitutes a menace to the social and economic interests <br /> and <br /> of the Town and its inhabitants; and benefit to foster <br /> WHEREAS, it is of public utility <br /> redevelopment and rehabilitation of businesses and industries <br /> • and <br /> located within the Town; <br /> certain areas within the Town of Mooresville have <br /> d <br /> WHEREAS, ment and for or impossible for normal develop <br /> become undesirable of growth, <br /> development,occupancy because of lack of develop which have <br /> deterioration of improvements or other factors <br /> impaired values and prevents normal development and use of the <br /> property; and requested by <br /> WHEREAS, the Town of Mooresville has been r qu be the <br /> Olive Oak, LLC, Inc. , and its successors who will <br /> of <br /> the real property described below which is found <br /> • <br />