(1) An urban renewal project area plan approved by board resolution under Section 17C-2-106 may not take effect until:
(a) it has been adopted by ordinance of the legislative body of the community that created the agency; and
(b) notice under Section 17C-2-108 is provided.
(2) Each ordinance under Subsection (1) shall:
(a) be adopted by the community legislative body after the board's approval of a resolution under Section 17C-2-106; and
(b) designate the approved project area plan as the official urban renewal plan of the project area.