§ 45-29-31 - Taking of excess land – Disposition on completion of project.
SECTION 45-29-31
§ 45-29-31 Taking of excess land –Disposition on completion of project. – Whenever any property is acquired pursuant to the provisions of §§45-29-13 – 45-29-32 for any project or projects, a city may acquire, ortake in fee, more land and property than is needed for the actual project orprojects; provided, that the additional land and property authorized to beacquired or taken, is no more than is reasonably required for the protectionand suitable development of the project or projects. The excess land andproperty shall be included in the description, plat, and statement referred toin § 45-29-19, and shall be taken with the other land included in thedescription, plat, and statement. After so much of the land and property hasbeen appropriated for the project or projects as is needed, the excess land andproperty so taken in fee may be held and improved by the authority for any oneof its purposes authorized under the housing authorities law, or may be leased,sold, or otherwise disposed of by the authority with or without restrictions.In the case of a lease, sale, or disposition, the person or persons from whomthe additional land and property was taken shall have the first right topurchase, lease, or acquire it upon terms and conditions as the city orauthority is willing to sell, lease, or dispose of it.