100.190. Property acquired may be sold.
Property acquired may be sold.
100.190. Any municipality may sell or otherwise dispose ofthe property, or buildings or plants acquired with the proceedsfrom the sale of general obligation bonds issued under sections100.010 to 100.200, to private persons or corporations forwarehousing, manufacturing or industrial development purposesupon approval by the governing body. The terms and method of thesale or other disposal shall be established by the governing bodyso as to reasonably protect and promote the economic well-beingand the industrial development of the municipality.
(L. 1961 p. 189 § 19, A.L. 1963 p. 125 § 71.850, A.L. 1976 H.B. 1359, A.L. 1983 S.B. 316)Effective 6-22-83
*(Transferred 1967; formerly 71.850)