It's doubtful this is news to anyone but it MUST be included in City Council Items of Interest for the August 27 Agenda.
Section 7 of explanation to Council Bill 2007-267 pretty much sums it up:
That the City Council finds and declares that this ordinance constitutes an emergency because it pertains to the ongoing removal of blight, thereby affecting the immediate preservation of the public health, safety, and welfare. Therefore this ordinance shall be in full force and effect from and after passage.
Of course they left out the part where the city needs to unload the Heers building A.S.A.P. or face paying more in interest on the loan they took over when the Vaughn Prost deal went south.