2490

LAWS OF MARYLAND

[Ch. 494

IMPROVEMENTS;

(3) INSTALLATION, CONSTRUCTION OR
RECONSTRUCTION OF STREETS, UTILITIES, PARKS, PLAYGROUNDS,
AND OTHER IMPROVEMENTS NECESSARY FOR CARRYING OUT THE
URBAN RENEWAL OBJECTIVES OF THIS SUBHEADING IN ACCORDANCE
WITH THE URBAN RENEWAL PLAN;

(4) DISPOSITION OF ANY PROPERTY ACQUIRED IN
THE URBAN RENEWAL AREA INCLUDING SALE, INITIAL LEASING OR
RETENTION BY THE MUNICIPALITY ITSELF, AT ITS FAIR VALUE
FOR USES IN ACCORDANCE WITH THE URBAN RENEWAL PLAN;

(5)    CARRYING OUT PLANS FOR A PROGRAM OF
VOLUNTARY OR COMPULSORY REPAIR AND REHABILITATION OF
BUILDINGS OR OTHER IMPROVEMENTS IN ACCORDANCE WITH THE
URBAN RENEWAL PLAN;

(6)    ACQUISITION OF ANY OTHER REAL PROPERTY
IN THE URBAN RENEWAL AREA WHERE NECESSARY TO ELIMINATE
UNHEALTHFUL, UNSANITARY OR UNSAFE CONDITIONS, LESSEN
DENSITY, ELIMINATE OBSOLETE OR OTHER USES DETRIMENTAL TO
THE PUBLIC WELFARE, OR OTHERWISE TO REMOVE OR PREVENT THE
SPREAD OF BLIGHT OR DETERIORATION, OR TO PROVIDE LAND FOR
NEEDED PUBLIC FACILITIES; AID

(7)    THE PRESERVATION, IMPROVEMENT OR
EMBELLISHMENT OF HISTORIC STRUCTURES OR MONUMENTS.

(F)    "URBAN RENEWAL AREA" MEANS A SLUM AREA OR A
BLIGHTED ABBA OR A COMBINATION OF THEM WHICH THE
MUNICIPALITY DESIGNATES AS APPROPRIATE FOR AN URBAN
RENEWAL PROJECT.

(G)    "URBAN RENEWAL PLAN" MEANS A PLAN, AS IT
EXISTS FROM TIME TO TIME, FOR AN URBAN RENEWAL PROJECT.
THE PLAN SHALL BE SUFFICIENTLY COMPLETE TO INDICATE
WHATEVER LAND ACQUISITION, DEMOLITION AND REMOVAL OF
STRUCTURES, REDEVELOPMENT, IMPROVEMENTS, AND
REHABILITATION AS MAY BE PROPOSED TO BE CARRIED OUT IN
THE URBAN RENEWAL AREA, ZONING AND PLANNING CHANGES, IF
ANY, LAND USES, MAXIMUM DENSITY AND BUILDING
REQUIREMENTS.

(H) "BONDS" MEANS ANY BONDS (INCLUDING REFUNDING
BONDS), NOTES, INTERIM CERTIFICATES, CERTIFICATES OF
INDEBTEDNESS, DEBENTURES OR OTHER OBLIGATIONS.

(I) "PERSON" MEANS ANY INDIVIDUAL, FIRM,
PARTNERSHIP, CORPORATION, COMPANY, ASSOCIATION, JOINT
STOCK ASSOCIATION, OR BODY POLITIC. IT INCLUDES ANY
TRUSTEE, RECEIVER, ASSIGNEE, OR OTHER PERSON ACTING IN
SIMILAR REPRESENTATIVE CAPACITY.