COMMUNITY DEVELOPMENT AUTHORITY

Agendas and Minutes

Statutory Authority: § 66.1335

Municipal Code § 6-9

A Community Development Authority (CDA) is created for the purpose of carrying out blight elimination, slum clearance, and urban renewal programs. The CDA is an independent public body exercising public powers to protect and promote the health, safety and morals of city residents.

Powers of the Community Development Authority:

• Prepare redevelopment and urban renewal plans and carry out redevelopment and urban renewal projects within the city.

• Enter into contracts for the purpose of redevelopment and urban renewal.

• Acquire by purchase, lease, eminent domain, or otherwise, any real or personal property necessary or incidental to a redevelopment or urban renewal project.

• Borrow money and issue bonds; apply for and accept loans, grants and contributions for the purpose of redevelopment and urban renewal.