5.0. EDSR 01-13-2003 - Laserfiche WebLink

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• III economic development in the City; to make the result of the studies available to the public and to industry in general; to engage in research and to disseminate information On economic • development within the City; q. The power to carry out public relations activities to promote the City and its economic development, as permitted by the Statute; r. The right to accept conveyances of land from all other public agencies , commissions , or other units of government, if the land can be properly used by the authority in an economic development district to carry out the purposes of the Statute; • s . The power to develop and improve the lands in an economic development district to make it suitable • and available for economic development uses and • purposes; to fill; grade, and protect the property and do anything necessary and exped1ent, after acquiring the property, to make it suitable . and attractive as a tract for economic development; and to lease someor all of its , lands or property; and may set up local fl, improvement districts in all or part of an economic development district; t. The power to borrow money in anticipation of bonds , after bonds have been authorized, as provided by the Statute; u. The power to issue general obligation bonds, pursuant to the procedures set forth in and as provided by the Statute, and when authorized by two-thirds (2/3 ) majority vote of the City Council , to: i . Secure funds needed by the Authority to pay for acquired property; or ii. For other purposes as provided in the statute . v. The power to issue revenue bonds pursuant to the procedures set forth in and as authorized- by the Statute; w. The power to sell or convey property owned by it within the City or an economic development • district pursuant to the procedure set forth in the Statute, if it determines that the sale' or `` conveyance is in the best interest of the City or 4 .