24 V.S.A. App. ch. 9, § 36.1: Declaration of necessity

We hereby find and declare that there currently exists within the City of Rutland an urgent need to reduce the property tax burden on residential homeowners; to redevelop dilapidated and blighted structures, to revitalize the commercial and industrial sectors of our economy, and to promote economic opportunity for all citizens, particularly those who are aged or of lower income.