SPIRO T. AGNEW, Governor                          393

before granted and to fully accomplish the purposes and objectives
contemplated by the provisions of this section:

(1)    To make or have all surveys made and plans necessary to
the carrying out of the purposes of this article 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 the compulsory repair, rehabilitation, demolition, or re-
moval 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 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 therefor; to invest any urban renewal funds held in re-
serves 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 prop-
erty; to insure or provide for the insurance of such property or oper-
ations 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;