DOMINATE WHICH, BY REASON OF DEPRECIATION,
OVERCROWDING, FAULTY ARRANGEMENT OR DE-
SIGN, LACK OF VENTILATION, LIGHT OR SANITARY
FACILITIES, OR ANY COMBINATION OF THESE FAC-
TORS, ARE DETRIMENTAL TO THE PUBLIC SAFETY,
HEALTH OR MORALS. THE TERM "BLIGHTED
AREA" SHALL MEAN AN AREA IN WHICH A MA-
JORITY OF BUILDINGS HAVE DECLINED IN PRO-
DUCTIVITY BY REASON OF OBSOLESCENCE, DE-
PRECIATION OR OTHER CAUSES TO AN EXTENT
THEY NO LONGER JUSTIFY FUNDAMENTAL RE-
PAIRS AND ADEQUATE MAINTENANCE.

(2) To sell, lease, convey, transfer or otherwise dispose of
any of said land or property, regardless of whether or not
it has been developed, redeveloped, altered or improved and
irrespective of the manner or means in or by which it may
have been acquired, to any private, public or quasi public
corporation, partnership, association, person or other legal
entity.

No land or property taken by any county or any municipal
corporation for any of the aforementioned purposes or in
connection with the exercise of any of the powers which
WM may be granted to such county or municipal corpora-
tion pursuant to this section by exercising the power of
eminent domain shall be taken without just compensation,
as agreed upon between the parties, or awarded by a jury,
being first paid or tendered to the party entitled to such
compensation.

All land or property needed, or taken by the exercise of
the power of eminent domain, by any county or any munici-
pal corporation for any of the aforementioned purposes or
in connection with the exercise of any of the powers which
may be granted pursuant to this Section is hereby
declared to be needed or taken for public uses and purposes.
Any or all of the activities authorized pursuant to this
section shall constitute governmental functions undertaken
for public uses and purposes and the power of taxation may
be exercised, public funds expended and public credit ex-
tended in furtherance thereof.