[HISTORY: Adopted by the Village Board of the Village of Grafton by Ord. No. 020, Series 1998 (Title 24, Ch. 24.24, of the 1979 Code). Amendments noted where applicable.]
Housing authority. The CDA shall have all the powers, duties and functions of a housing authority, as set forth in §§ 66.1201 to 66.1211, inclusive, Wis. Stats., and all housing projects initiated by the CDA and approved by the Village Board shall be undertaken and carried out pursuant to such sections.
Redevelopment plan(s). The CDA shall implement the retention and development activities as identified in any redevelopment plan(s) or other economic development plans created and approved by the Village Board. The CDA shall be responsible for regularly reviewing any redevelopment or economic development plans, and shall implement any changes or additions to the plans approved by the Village Board.
Redevelopment authority. The CDA shall have all the powers, duties and functions of a redevelopment authority, as set forth in § 66.1335, Wis. Stats. All redevelopment projects initiated by the CDA and approved by the Village Board shall be undertaken and carried out in accordance with § 66.1105, 66.1301 to 66.1329, 66.1331, 66.1333 or 66.1337, Wis. Stats., or as determined appropriate to each project by the Village Board.
[Amended at time of adoption of Code (see Ch. 1.01, Code Adoption)]
The CDA shall submit an annual budget to the Village Administrator; such budget shall be subject to review by the Village Administrator prior to submission to the Village Board. The approval of the CDA budget by the Village Board permits the CDA to spend budgeted funds for the purposes designated.
The CDA shall advise the Village Board of funds or assets received by the CDA from all sources and provide a monthly accounting of expenditures to the Village Board for information purposes. The CDA shall be subject to the Village accounting and auditing procedures.
In addition to the foregoing powers, duties and functions, the CDA shall have such other powers, duties and functions related to housing, community and economic development as are granted to it by the Village Board.