Legislation
SECTION 2055
Acquisition of land for the project
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 14
* § 2055. Acquisition of land for the project. The authority may
acquire lands for the project. It shall have the power to sell, lease or
otherwise dispose of said real property and shall retain and have the
power to use the proceeds of sale, rentals or other moneys derived from
the disposition thereof for its purposes.
Notwithstanding any law to the contrary, the county may, by legal
instrument authorized by a resolution, lease real property, owned by the
county, to the authority, with or without consideration, for so long as
the authority's existence shall continue.
* NB Authority dissolved September 1, 1977
acquire lands for the project. It shall have the power to sell, lease or
otherwise dispose of said real property and shall retain and have the
power to use the proceeds of sale, rentals or other moneys derived from
the disposition thereof for its purposes.
Notwithstanding any law to the contrary, the county may, by legal
instrument authorized by a resolution, lease real property, owned by the
county, to the authority, with or without consideration, for so long as
the authority's existence shall continue.
* NB Authority dissolved September 1, 1977