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Session Laws, 1987
Volume 769, Page 1711   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                   Ch. 311

mortgaging, or otherwise disposing of or encumbering the same and
taking assignments of rentals and leases for same or any
combination of the foregoing; (d) arranging or contracting with
any municipality or county for the planning, replanning, zoning
or rezoning, opening, grading or closing of streets, roads,
roadways, alleys or other places, or for the furnishing of
facilities or for the acquisition by a municipality of property
or property rights or for the furnishing of property or services
in connection with a community development; and (e) expending any
funds of the Administration for any undertaking which has been
approved by the Secretary [of Economic and Community
Development].

(7)  In exercising its functions and responsibilities,
the Administration shall not have or exercise the power of
eminent domain unless granted to it by ordinance of a
municipality or county in connection with a specific community
development project situated therein.

(8)  Provide advisory, consultative, training and
educational services, technical assistance, and grant and loan
funds therefor and for any development' cost to any municipality,
county, local public agency or local development corporation in
order to carry out the community development purposes of this
subheading.

(9)  Contract for and accept any grant, contribution
or loan of funds, property or other aid in any form for community
development from the federal government and, subject to the
provisions of this subheading, do all things necessary to qualify
for any such grant, contribution or loan under any federal
program including, but not fully enumerative of, those things
necessary to qualify for assistance as a local public agency or a
public housing agency, or both, under the federal housing and
renewal programs in effect from time to time.

(10)  Contract for and accept any gift, grant,
contribution or loan of funds, property or other aid in any form
for community development from any agency or instrumentality of
the State, or from any other source and comply, subject to the
provisions of this subheading, with the terms and conditions
thereof.

(11)  Attach such specific terms and conditions to any
sale or lease of property and loan or grant of funds as may be

determined by the Director and approved by the Secretary [of
Economic and Community Development].

(12)  Enter into agreements to pay  annual sums in lieu
of assessments, charges or property taxes to any municipality,
county or other subdivision of the State in respect to any real
property which is owned by the Administration and located in such
municipality, county or subdivision.

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Session Laws, 1987
Volume 769, Page 1711   View pdf image
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