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MARVIN MANDEL, Governor 1311
(III) TO INSURE OR PROVIDE FOR THE
INSURANCE OF THE PROPERTY OF 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 NECESSARY OR CONVENIENT TO THE EXERCISE
OF ITS POWERS UNDER THIS SUBHEADING, INCLUDING THE POWER
TO ENTER INTO AGREEMENTS WITH OTHER PUBLIC BODIES OR
AGENCIES (THESE 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 WHATEVER CONDITIONS IMPOSED PURSUANT TO
FEDERAL LAWS AS THE MUNICIPALITY CONSIDERS REASONABLE AND
APPROPRIATE;
(6) TO ENTER INTO ANY BUILDING OF 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, PLAYGROUNDS, AND
OTHER PUBLIC IMPROVEMENTS IN CONNECTION WITH AN URBAN
RENEWAL PROJECT; AND TO MAKE EXCEPTIONS FROM BUILDING
REGULATIONS;
(8) TO GENERALLY ORGANIZE, COORDINATE, AND
DIRECT THE ADMINISTRATION OF THE PROVISIONS OF THIS
SUBHEADING AS THEY APPLY TO THE MUNICIPALITY IN ORDER
THAT THE OBJECTIVE OF REMEDYING SLUM AND BLIGHTED AREAS
AND PREVENTING ITS CAUSES WITHIN THE MUNICIPALITY MAY BE
PROMOTED AND ACHIEVED MOST EFFECTIVELY;
(9) TO EXERCISE ALL OR ANY PART OR
COMBINATION OF THE POWERS GRANTED IN THIS SUBHEADING.
4. ESTABLISHMENT OF URBAN RENEWAL AGENCY
(A) A MUNICIPALITY MAY ITSELF EXERCISE ALL THE
POWERS GRANTED BY THIS SUBHEADING, OR MAY, IF ITS
LEGISLATIVE BODY BY ORDINANCE DETERMINES THE ACTION TO BE
IN THE PUBLIC INTEREST, ELECT TO HAVE THE POWERS
EXERCISED BY A SEPARATE PUBLIC BODY OR AGENCY.
(B) IN THE EVENT THE LEGISLATIVE BODY MAKES THAT
DETERMINATION, IT SHALL PROCEED BY ORDINANCE TO ESTABLISH
A PUBLIC BODY OR AGENCY TO UNDERTAKE IN THE MUNICIPALITY
THE ACTIVITIES AUTHORIZED BY THIS SUBHEADING.
(C) THE ORDINANCE SHALL INCLUDE PROVISIONS
ESTABLISHING THE NUMBER OF MEMBERS OF THE PUBLIC BODY OR
AGENCY, THE MANNER OF THEIR APPOINTMENT AND REMOVAL, AND
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