5.0. EDSR 01-13-2003 - Laserfiche WebLink

Home Browse Search

c . The powers and duties of a redevelopment agency • under Minn. Stat . §S 469 . 152 et sec . ; - d. The power to create and define the boundaries of economic development districts , as provided by law; e . The power to acquire by lease, purchase, gift, devise, or condemnation proceedings property required to create economic development districts ; and to dispose of property acquired, as provided by the Statute; f . The power to sign options to purchase., sell , or lease property; g. The right of eminent domain, as provided by the Statute; h . The power to make contracts for the purpose of economic development, as provided by the Statute; The authority to be a limited partner in a partnership whose purposes are consistent with the Authority' s purpose; j . The power to acquire rights or an easement for a term of years , or perpetually, for development of • > an economic development district; k. The power to buy the supplies and materials it • needs to carry out the purposes of the Statute; 1 . The right to receive public property, as provided by the Statute; m. The power to sell or lease land held by it for economic development in economic development districts ; . n . The power to operate and maintain a public parking facility or other public facility to promote development in an economic development district; o . The right to cooperate with or act as agent for the federal or state government or other public • body to carry out the Statute; p. The power to study and analyze economic development needs in the City and ways to meet the needs ; to study the desirable patterns for • land use for economic development and community " growth, and other factors effecting local • 3 .