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Ch. 28
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1310
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LAWS OF MARYLAND
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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 OR OTHER
GOVERNMENTAL ENTITY FOR THOSE 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 THOSE PERSONS
FOR MOVING EXPENSES AND LOSSES OF PROPERTY FOR WHICH
REIMBURSEMENT OR COMPENSATION IS NOT OTHERWISE MADE,
INCLUDING THE MAKING OF PAYMENTS FINANCED BY THE FEDERAL
GOVERNMENT;
(3) TO APPROPRIATE WHATEVER FUNDS AND MAKE
WHATEVER EXPENDITURES AS MAY BE NECESSARY TO CARRY OUT
THE PURPOSES OF THIS SUBHEADING, INCLUDING, BUT NOT
LIMITED:
(I) TO THE PAYMENT OF ANY AND ALL
COSTS AND EXPENSES INCURRED IN CONNECTION WITH, OR
INCIDENTAL TO, THE ACQUISITION OF LAND OR PROPERTY, AND
FOR THE DEMOLITION, REMOVAL, RELOCATION, RENOVATION, OR
ALTERATION OF LAND, BUILDINGS, STREETS, HIGHWAYS, ALLEYS,
UTILITIES, OR SERVICES, AND OTHER STRUCTURES OR
IMPROVEMENTS, AND FOR THE CONSTRUCTION, RECONSTRUCTION,
INSTALLATION, RELOCATION, OR REPAIR OF STREETS, HIGHWAYS,
ALLEYS, UTILITIES, OR SERVICES, IN CONNECTION WITH URBAN
RENEWAL PROJECTS;
(II) TO LEVY TAXES AND ASSESSMENTS FOR
THOSE PURPOSES;
(III) 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 WHATEVER SECURITY AS MAY BE
REQUIRED FOR THIS FINANCIAL ASSISTANCE;
(IV) TO INVEST ANY URBAN RENEWAL FUNDS
HELD IN RESERVES OR SINKING FUNDS OR ANY OF THESE FUNDS
NOT REQUIRED FOR IMMEDIATE DISBURSEMENT IN PROPERTY OR
SECURITIES WHICH ARE LEGAL INVESTMENTS FOR OTHER
MUNICIPAL FUNDS;
(4) (I) TO HOLD, IMPROVE, CLEAR, OR
PREPARE FOR REDEVELOPMENT ANY PROPERTY ACQUIRED IN
CONNECTION WITH URBAN RENEWAL PROJECTS;
(II) TO MORTGAGE, PLEDGE, HYPOTHECATE,
OR OTHERWISE ENCUMBER THAT PROPERTY; AND
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