§16-18-8. Eminent Domain
(a) An authority shall have the right to acquire by the exercise of the power of eminent domain, pursuant to the limitations contained in subdivision (11), section two, article one, chapter fifty-four, any real property which it may deem necessary for a redevelopment project or for its purposes under this article after the adoption by […]
§16-18-8a. Relocation of Public Utility Lines or Facilities to Accommodate Urban Redevelopment or Slum Clearance Projects
In the event any urban renewal authority or other public body shall determine that any public utility line or facility located upon, across or under any portion of a street, avenue, highway, road or other public place or way shall be temporarily or permanently readjusted, removed, relocated, changed in grade or otherwise altered (each and […]
§16-18-9. Acquisition and Development of Undeveloped Vacant Land
Upon a determination, by resolution, of the governing body of the community in which such land is located that the acquisition and development of undeveloped vacant land, not within a slum or blighted area, is essential to the proper clearance or redevelopment of slum or blighted areas or a necessary part of the general slum […]
§16-18-10. Bonds
(a) An authority shall have power to issue bonds from time to time in its discretion for any of its corporate purposes including the payment of principal and interest upon any advances for surveys and plans for redevelopment projects. An authority shall also have power to issue refunding bonds for the purpose of paying or […]
§16-18-11. Powers in Connection With Issuance of Bonds or Incurring Obligations Under Leases
(a) In connection with the issuance of bonds or the incurring of obligations under leases and in order to secure the payment of such bonds or obligations, an authority, in addition to its other powers, shall have power: (1) To pledge all or any part of its gross or net rents, fees or revenues to […]
§16-18-12. Rights of Obligee
An obligee of an authority shall have the right in addition to all other rights which may be conferred on such obligee, subject only to any contractual restrictions binding upon such obligee: (a) By mandamus, suit, action or proceeding at law or in equity to compel said authority and the commissioners, officers, agents or employees […]
§16-18-13. Bonds as Legal Investments
All public officers, municipal corporations, political subdivisions and public bodies; all banks, trust companies, bankers, savings banks and institutions, building and loan associations, savings and loan associations, investment companies and other persons carrying on a banking business; all insurance companies, insurance associations, and other persons carrying on an insurance business; and all executors, administrators, curators, […]
§16-18-1. Short Title
This article shall be known and may be cited as the "Urban Renewal Authority Law."
§16-18-2. Findings and Declaration of Necessity
It is hereby found and declared that there exist in localities throughout the state, slum and blighted areas (as herein defined) which constitute a serious and growing menace, injurious and inimical to the public health, safety, morals and welfare of the residents of the state; that the existence of such areas contributes substantially and increasingly […]
§16-18-3. Definitions
The following terms, wherever used or referred to in this article, shall have the following meanings, unless a different meaning is clearly indicated by the context: “Area of operation” means in the case of a municipality, the area within such municipality and the area within five miles of the territorial boundaries thereof, except that the […]