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§ 36.3. Purposes

The Authority, in the exercise of the powers created and granted under section 3 of this charter, shall foster and carry out the following purposes:

(1) to enhance and promote economic opportunity within the City of Rutland;

(2) to plan for public and private improvements and development within the City of Rutland, dedicated to the promotions of industrial and commercial benefit;

(3) to create employment opportunities;

(4) to enhance the acquisitions, development, and improvement of taxable real and personal property within the City of Rutland;

(5) to promote the development, improvement, acquisition, and rehabilitations of industrial and commercial property within the City of Rutland;

(6) to foster commercial and industrial growth within the City of Rutland;

(7) to promote and support investments and improvements that will result in the elimination of slum and blight;

(8) to support and promote the development of those recreational, social, and public facilities that directly, or indirectly, create or enhance commercial or industrial activity within the City.