17-2362

Chapter 17.--CORPORATIONS
Article 23.--DEVELOPMENT CREDIT CORPORATIONS; HOUSING LAWS

      17-2362.   Aid and cooperation in planning, constructing oroperating projects.For purpose of aiding and cooperating in the planning, undertaking,construction or operation of housing projects located within the area inwhich it is authorized to act, any state public body may upon suchterms, with or without consideration, as it may determine:

      (a)   Dedicate, sell, convey or lease any of its interest in anyproperty, or grant easements, licenses or other rights or privilegestherein to any municipality, or to the federal government.

      (b)   Cause parks, playgrounds, recreational, community, educational,water, sewer or drainage facilities or any other works which it isotherwise empowered to undertake, to be furnished adjacent to or inconnection with housing projects.

      (c)   Furnish, dedicate, close, pave, install, grade, regrade, plan orreplan streets, roads, roadways, alleys, sidewalks or other places whichit is otherwise empowered to undertake.

      (d)   Cause services to be furnished for housing projects of thecharacter which such state public body is otherwise empowered tofurnish.

      (e)   Enter into agreements with respect to the exercise by such statepublic body of its powers relating to the repair, elimination or closingof unsafe, insanitary or unfit dwellings.

      (f)   Do any and all things necessary or convenient to aid andco-operate in the planning, undertaking, construction or operation ofsuch housing projects.

      (g)   Incur the entire expense of any public improvements made by suchstate public body in exercising the powers granted in this act.

      (h)   Enter into agreements (which may extend over any period,notwithstanding any provision or rule of law to the contrary) with anymunicipality, or authority as agent therefor, respecting action to betaken by such state public body pursuant to any of the powers granted bythis act.

      (i)   Any law or statute to the contrary notwithstanding, any sale,conveyance, lease or agreement provided for in this section may be madeby a state public body without appraisal, public notice, advertisementor public bidding.

      History:   L. 1957, ch. 132, § 26; L. 1973, ch. 96,§ 21; July 1.