§ 36-50. Extension of general powers for actions taken pursuant to a redevelopment plan
In undertaking actions pursuant to a redevelopment plan, an authority shall have all the rights, powers, privileges, and immunities provided in this chapter. However, nothing contained in §§ 36-21 and 36-22 shall be construed as limiting the power of an authority, in the event of a default (including failure of compliance with a redevelopment plan) by a purchaser or lessee of land in a redevelopment plan, to acquire property and operate it free from the restrictions contained in §§ 36-21 and 36-22; and provided further, that any property which an authority leases to nongovernmental persons or entities for redevelopment under a redevelopment plan shall have the same tax status as if such leased property were owned by such nongovernmental persons or entities.
(1946, p. 279; Michie Suppl. 1946, § 3145(8c); 2006, c. 784.)
Sections: Previous 36-47.2 36-48 36-48.1 36-49 36-49.1 36-49.1:1 36-49.2 36-50 36-50.1 36-51 36-51.1 36-52 36-52.1 36-52.2 36-52.3 NextLast modified: April 16, 2009