J. MILLARD TAWES, GOVERNOR                           1485

municipality, for review and recommendations as to its conformity
with the master plan for the development of the municipality as a
whole. The planning body shall submit its written recommendation
with respect to the proposed urban renewal plan to the municipality
within sixty days after receipt of the plan for review; upon receipt
of the recommendations of the planning body or, if no recommenda-
tions are received within said sixty days, then without such recom-
mendations, the municipality may proceed with a public hearing
on the proposed urban renewal project. The municipality shall hold
a public hearing on an urban renewal project after public notice
thereof by publication in a newspaper having a general circulation
within the corporate limits of the municipality. The notice shall
describe the time, date, place and purpose of the hearing, shall gen-
erally identify the urban renewal area covered by the plan, and
shall outline the general scope of the urban renewal project under
consideration. Following such hearing, the municipality may ap-
prove an urban renewal project and the plan therefor if it finds
that: (1) a feasible method exists for the location of any families
who will be displaced from the urban renewal area in decent, safe
and sanitary dwelling accommodations within their means and with-
out undue hardship to such families; (2) the urban renewal plan
substantially conforms to the master plan of the municipality as a
whole; and (3) the urban renewal plan will afford maximum oppor-
tunity, consistent with the sound needs of the municipality as a
whole, for the rehabilitation or redevelopment of the urban renewal
area by private enterprise.

An urban renewal plan may be modified at any time, provided
that if modified after the lease or sale of real property in the urban
renewal project area, the modification may be conditioned upon such
approval of the owner, lessee or successor in interest as the mu-
nicipality may deem advisable and in any event shall be subject to
such rights at law or in equity as a lessee or purchaser, or his suc-
cessor or successors in interest, may be entitled to assert. Where
the proposed modification will substantially change the urban re-
newal plan as previously approved by the municipality, the modifica-
tion shall be formally approved by the municipality, as in the case of
an original plan.

Upon the approval by the municipality of an urban renewal plan
or of any modification thereof, such plan or modification shall be
deemed to be in full force and effect for the respective urban renewal
area and the municipality may then cause such plan or modification
to be carried out in accordance with its terms.

Section 6. Disposal of Property in Urban Renewal Area

a) The municipality may sell, lease or otherwise transfer real
property or any interest therein acquired for it by an urban re-
newal project, for residential, recreational, commercial, industrial,
educational or other uses or for public use, or may retain such prop-
erty or interest for public use, in accordance with the urban renewal
plan, subject to such covenants, conditions and restrictions, including
covenants running with the land, as it may deem to be necessary or
desirable to assist in preventing the development or spread of future
slums or blighted areas or to otherwise carry out the purposes of
this Article. The purchasers or lessees and their successors and as-
signs shall be obligated to devote such real property only to the