1298 LAWS OF MARYLAND CH. 646
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 project 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 article, 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 purpose of this article, and to give such security as may be
required therefore; 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 public instru-
ments necessary or convenient to the exercise of its powers under
this article, including the power to enter into agreement with any
other public bodies and/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 related activities such conditions imposed pursuant to
federal laws as the municipality is deemed reasonable and appro-
priate;
(6) To enter into any building or property in any urban renewal
area in order to make inspections, surveys, appraisals, soundings or
test borings, and to obtain an order for this purpose from the Circuit
Court for the county in which the municipality is situated in the
event entry is denied or resisted;
(7) To plan, replan, install, construct, reconstruct, repair, close
or vacate streets, roads, sidewalks, public utilities, parks, play-
grounds, and other public improvements in connection with an urban
renewal project; provided the same shall be approved by the Mary-
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