To secure, develop, preserve, and maintain the local economy, local governments are authorized to own, acquire, construct, reconstruct, extend, equip, improve, operate, maintain, sell, lease, contract concerning, or otherwise deal in or dispose of any facility. For the purposes of this section, "facility" means land, interests in land, buildings, furnishings, machinery, equipment, or related improvements necessary or useful for the securing, developing, preserving, or maintaining of economic activity within or near the municipality or county.
Section: Previous 14-174-102 14-174-103 14-174-104 14-174-105 14-174-106 14-174-107 14-174-108 14-174-109 NextLast modified: November 15, 2016