2058                                              LAWS OF MARYLAND                                         Ch. 582

MUNICIPALITY WITHIN 60 DAYS AFTER RECEIPT OF THE PLAN FOR REVIEW,
UPON RECEIPT OF THE RECOMMENDATIONS OF THE PLANNING BODY OR, IF
NO RECOMMENDATIONS ARE RECEIVED WITHIN THE 60 DAYS, THEN WITHOUT
THE RECOMMENDATIONS, THE MUNICIPALITY MAY PROCEED WITH A PUBLIC
HEARING ON THE PROPOSED URBAN RENEWAL PROJECT. THE MUNICIPALITY
SHALL HOLD A PUBLIC HEARING ON AN URBAN RENEWAL PROJECT AFTER
PUBLIC NOTICE OF IT BY PUBLICATION IN A NEWSPAPER HAVING A
GENERAL CIRCULATION WITHIN THE CORPORATE LIMITS OF THE
MUNICIPALITY. THE NOTICE SHALL DESCRIBE THE TIME, DATE, PLACE
AND PURPOSE OF THE HEARING; SHALL GENERALLY IDENTIFY THE URBAN
RENEWAL AREA COVERED BY THE PLAN; AND SHALL OUTLINE THE GENERAL
SCOPE OF THE URBAN RENEWAL PROJECT UNDER CONSIDERATION.
FOLLOWING THE HEARING, THE MUNICIPALITY MAY APPROVE AN URBAN
RENEWAL PROJECT AND THE PLAN THEREFOR IF IT FINDS THAT:

(1)  A FEASIBLE METHOD EXISTS FOR THE LOCATION OF ANY
FAMILIES OR NATURAL PERSONS WHO WILL BE DISPLACED FROM THE URBAN
RENEWAL AREA IN DECENT, SAFE AND SANITARY DWELLING ACCOMMODATIONS
WITHIN THEIR MEANS AND WITHOUT UNDUE HARDSHIP TO THE FAMILIES OR
NATURAL PERSONS;

(2)  THE URBAN RENEWAL PLAN CONFORMS SUBSTANTIALLY TO
THE MASTER PLAN OF THE MUNICIPALITY AS A WHOLE; AND

(3)   THE URBAN RENEWAL PLAN WILL AFFORD MAXIMUM
OPPORTUNITY, CONSISTENT WITH THE SOUND NEEDS OF THE MUNICIPALITY
AS A WHOLE, FOR THE REHABILITATION OR REDEVELOPMENT OF THE URBAN
RENEWAL AREA BY PRIVATE ENTERPRISE.

(B)   AN URBAN RENEWAL PLAN MAY BE MODIFIED AT ANY TIME.        IF
MODIFIED AFTER THE LEASE OR SALE OF REAL PROPERTY IN THE URBAN
RENEWAL PROJECT AREA, THE MODIFICATION MAY BE CONDITIONED UPON

WHATEVER APPROVAL OF THE OWNER, LESSEE OR SUCCESSOR IN INTEREST
AS THE MUNICIPALITY CONSIDERS ADVISABLE. IN ANY EVENT, IT SHALL
BE SUBJECT TO WHATEVER RIGHTS AT LAW OR IN EQUITY AS A LESSEE OR
PURCHASER, OR HIS SUCCESSOR OR SUCCESSORS IN INTEREST, MAY BE
ENTITLED TO ASSERT. WHERE THE PROPOSED MODIFICATION WILL CHANGE
SUBSTANTIALLY THE URBAN RENEWAL PLAN AS APPROVED PREVIOUSLY BY
THE MUNICIPALITY, THE MODIFICATION SHALL BE APPROVED FORMALLY BY
THE MUNICIPALITY, AS IN THE CASE OF AN ORIGINAL PLAN.

(C)  UPON THE APPROVAL BY THE MUNICIPALITY OF AN URBAN
RENEWAL PLAN OR OF ANY MODIFICATION OF IT, THE PLAN OR
MODIFICATION SHALL BE CONSIDERED TO BE IN FULL FORCE AND EFFECT
FOR THE RESPECTIVE URBAN RENEWAL AREA. THE MUNICIPALITY MAY HAVE
THE PLAN OR MODIFICATION CARRIED OUT IN ACCORDANCE WITH ITS
TERMS.

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SECTION 8. DISPOSAL OF PROPERTY IN URBAN RENEWAL AREA.

(A) THE MUNICIPALITY MAY SELL, LEASE OR OTHERWISE TRANSFER
REAL PROPERTY OR ANY INTEREST IN IT ACQUIRED BY IT FOR AN URBAN
RENEWAL PROJECT TO ANY PERSON FOR RESIDENTIAL, RECREATIONAL,
COMMERCIAL, INDUSTRIAL, EDUCATIONAL OR OTHER USES OR FOR PUBLIC
USE, OR IT MAY RETAIN THE PROPERTY OR INTEREST FOR PUBLIC USE, IN

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