J. MILLARD TAWES, GOVERNOR 439
nection with the exercise of any of the powers granted by this sub-
heading 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 extended in furtherance thereof.
The municipality is hereby granted the following additional powers
which are hereby found and declared to be necessary and proper to
carry into full force and effect the specific powers hereinbefore
granted and to fully accomplish the purposes and objects contem-
plated by the provisions of this section:
(1) to make or have made all surveys and plans necessary to the
carrying out of the purposes of this sub-heading and to adopt or
approve, modify and amend such plans, which plans may include but
shall not be limited to: (i) plans for carrying out a program of vol-
untary or compulsory repair and rehabilitation of buildings and
improvements, (ii) plans for the enforcement of codes and regula-
tions relating to the use of land and the use and occupancy of build-
ings and improvements and to the compulsory repair, rehabilitation,
demolition, or removal of buildings and improvements; and (iii)
appraisals, title searches, surveys, studies, and other plans and work
necessary to prepare for the undertaking of urban renewal projects
and related activities; and to apply for, accept and utilize grants of
funds from the Federal Government for such purposes;
(2) to prepare plans for the relocation of persons (including
families, business concerns and others) displaced from an urban
renewal area, and to make relocation payments to or with respect to
such persons for moving expenses and losses of property for which
reimbursement or compensation is not otherwise made, including the
making of such payments financed by the Federal Government;
(3) to appropriate such funds and make such expenditures as may
be necessary to carry out the purposes of this sub-heading, INCLUD-
ING THE PAYMENT OR REIMBURSEMENT OF REASONABLE
ACTUAL COSTS INCURRED AS A RESULT OF UTILITY RE-
LOCATIONS WHEN SUCH RELOCATIONS ARE MADE NECES-
SARY BY AN URBAN RENEWAL PROJECT, AFTER MAKING
APPROPRIATE ADJUSTMENT FOR ANY IMPROVEMENTS OR
BETTERMENTS TO THE UTILITY'S FACILITIES MADE IN
CONNECTION WITH THE RELOCATION; and to levy taxes
and assessments for such purposes; to borrow money and to apply
for and accept advances, loans, grants, contributions and any
other form of financial assistance from the Federal Government,
the State, County or other public bodies, or from any sources, public
or private, for the purposes of this sub-heading, and to give such
security as may be required therefor; to invest any urban renewal
funds held in reserves or sinking funds or any such funds not re-
quired for immediate disbursement, in property or securities which
are legal investments for other municipal funds.
(4) to hold, improve, clear or prepare for redevelopment any
property acquired in connection with urban renewal projects; to
mortgage, pledge, hypothecate or otherwise encumber such property;
to insure or provide for the insurance of such property or operations
of the municipality against any risks or hazards, including the power
to pay premiums on any such insurance;
|
|