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Session Laws, 1961
Volume 654, Page 993   View pdf image (33K)
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J. MILLARD TAWES, GOVERNOR                            993

(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 regular'
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, BUT NOT LIMITED TO, THE PAYMENT OF ANY AND
ALL COSTS AND EXPENSES INCURRED IN CONNECTION
WITH, OR INCIDENTAL TO, THE ACQUISITION OF LAND OR
PROPERTY, AS AFORESAID, AND FOR THE DEMOLITION,
REMOVAL, RELOCATION, RENOVATION OR ALTERATION
OF LAND, BUILDINGS, STREETS, HIGHWAYS, ALLEYS, UTIL-
ITIES OR SERVICES, AND OTHER STRUCTURES OR IM-
PROVEMENTS, AND FOR THE CONSTRUCTION, RECON-
STRUCTION, INSTALLATION, RELOCATION OR REPAIR OF
STREETS, HIGHWAYS, ALLEYS, UTILITIES OR SERVICES,
IN CONNECTION WITH URBAN RENEWAL PROJECTS; 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 Govern-
ment, 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 required 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;

(5)  to make and execute all contracts and other instruments nec-
essary or convenient to the exercise of its powers under this sub-
heading, including the power to enter into agreement with other
public bodies or agencies (which agreements may extend over any
period, notwithstanding any provision or rule of law to the con-
trary), and to include in any contract for financial assistance with
the Federal Government for or with respect to an urban renewal
project and related activities such conditions imposed pursuant to


 

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Session Laws, 1961
Volume 654, Page 993   View pdf image (33K)
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