Sec. 3.
A municipality may bring about the rehabilitation of blighted areas and the prevention, reduction, or elimination of blight, blighting factors, or causes of blight, and for that purpose may do any of the following:
(a) Acquire real property by purchase, gift, or exchange.
(b) Acquire under this act blighted property by condemnation.
(c) Lease, sell, renovate, improve, or exchange blighted property or other real property acquired by other means in accordance with the state constitution of 1963 and this act.
History: 1945, Act 344, Imd. Eff. May 31, 1945 ;-- CL 1948, 125.73 ;-- Am. 1986, Act 320, Imd. Eff. Dec. 26, 1986 ;-- Am. 2006, Act 677, Imd. Eff. Jan. 10, 2007
Structure Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 344 of 1945 - Blighted Area Rehabilitation (125.71 - 125.84)
Section 125.71 - Legislative Findings and Declaration.
Section 125.73 - Powers of Municipality.
Section 125.75a - Rehabilitation of Blighted Areas; Urban Renewal Plat.
Section 125.76 - Acquisition of Property; Jurisdiction of Public Agencies.
Section 125.77 - Repealed. 1957, Act 296, Eff. Sept. 27, 1957.
Section 125.77a - Municipal Bonds or Notes.
Section 125.77c - Tax Revenues.
Section 125.79 - Modification of Plan; Hearing.
Section 125.80 - Work Done in Accordance With Plan.
Section 125.81 - Designation of Administrative Agency.
Section 125.82 - Action by Ordinance or Resolution; Validation of Prior Actions.