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Session Laws, 1963
Volume 671, Page 1639   View pdf image (33K)
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J. MILLARD TAWES, Governor                       1639

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 subheading 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
voluntary 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) ap-
praisals, 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 fami-
lies, 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 reim-
bursement 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 subheading, including
the payment or reimbursement of reasonable actual costs incurred
as a result of utility relocations when such relocations are made
necessary 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 subheading, 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 prop-
erty acquired in connection with urban renewal projects; to mort-
gage, 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 neces-
sary or convenient to the exercise of its powers under this subheading,
including the power to enter into agreement with any other public
bodies or agencies (which agreements may extend over any period,
notwithstanding any provision or rule of law to the contrary), and
to include in any contract for financial assistance with the Federal
Government for or with respect to an urban renewal project and


 

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Session Laws, 1963
Volume 671, Page 1639   View pdf image (33K)
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