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r1*f 10 'RESOLUTION MAKING CERTAIN FINDINGS, DETERMINATIONS, AND ELECT IONS UNDER AND PURSUANf TO THE URBAN RENEWAL LAW OF TEXAS. 'BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, as follOWS' 'Section 1. It is hereby found and determined that one or more slum or blighted areas exists in the City of San Marcos, Texas. I 'Section 2. It is hereby further found and determined that the rehabilitation, conservation, or slum clearance and redevelopment, or combination thereof, of such slum or blighted area or areas, is necessary in the interest of public health, safety, morals or welfare of the residents of said City. 'Section 3. It is hereby further determined that the City of San Marcos shall exercise the powers granted to the City by the Urban Renewal Law of the State of Texas, except the Urban Renewal Law Project Powers as defined in said Urban Renewal Law. 'Section 4. It is hereby further determined to be necessary sand in the public interest that the City of San Marcos elect, and, accordingly, the City hereby elects to have said Urban Renewal Project Powers exercised by the Urban Renewal Agency of the City of San Marcos, which agency is created by said Urban Renewal Law. 'Section 5. The findings, determinations, and elections herein made are made in accordance with and the various terms used herein are used in the same sense as used or defined in said Urban Renewal Law.' I "Only legally qualified voters residing within the corporate limits of said City, owning taxable property within said corporate limits, who have duly rendered same for taxation, shall be entitled to vote at said special election. City Council, City of San Marcos, Texas City Secretary" SECTION 5. The form of ballot which shall be used in said special election shall be substantially as follows: "OFFICIAL BALLOT FOR USE IN SPECIAL ELECTION IN THE CITY OF SAN MARCOS, TEXAS, ON THE laTH DAY OF SEPTEMBER, 1962, CONCERNING CITY COUNCIL'S PROPOSED ADOPTION OF A CERTAIN RESOLUTION PURSUANT TO THE URBAN RENEWAL LAW OF TEXAS. "Are you in favor or are you against the adoption by the City Council of a resolution substantially as follows: 'RESOLuTION MAKING CERTAIN FINDINGS, DETERMINATIONS, AND ELECTIONS UNDER AND PURSUANf TO THE URBAN RENEWAL LAW OF TEXAS. I 'BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, as follows: 'Section 1. It is hereby found and determined that OBe or more slum or blighted areas exists in the City of San Marcos. 'Section 2. It is hereby further found and determined that the rehabilitation, conservation or slum clearance ~