New Jersey § 40a:12a-8

§ 40a:12a-8.

Upon the adoption of a redevelopment plan pursuant to section 7 of P.L. 1992, c. 79 ( C.40A:12A-7 ), the municipality or redevelopment entity designated by the governing body may proceed

with the clearance, replanning, development and redevelopment of the area designated

in that plan. In order to carry out and effectuate the purposes of this act and the terms of the

redevelopment plan, the municipality or designated redevelopment entity may: a. Undertake redevelopment projects, and for this purpose issue bonds in accordance

with the provisions of section 29 of P.L.1992, c. 79 ( C.40A:12A-29 ). b. Acquire property pursuant to subsection i. of section 22 of P.L.1992, c. 79 ( C.40A:12A-22 ). c. Acquire, by condemnation, any land or building which is necessary for the redevelopment

project, pursuant to the provisions of the “Eminent Domain Act of 1971,” P.L.1971,

c. 361 ( C.20:3-1 et seq. ) , provided that the land or building is located within (1) an area that was determined

to be in need of redevelopment prior to the effective date of P.L.2013, c. 159, or (2) a Condemnation Redevelopment Area . d. Clear any area owned or acquired and install, construct or reconstruct streets,

facilities, utilities, and site improvements essential to the preparation of sites

for use in accordance with the redevelopment plan. e. Prepare or arrange by contract for the provision of professional services and the

preparation of plans by registered architects, licensed professional engineers or

planners, or other consultants for the carrying out of redevelopment projects. f. Arrange or contract with public agencies or redevelopers for the planning, replanning,

construction, or undertaking of any project or redevelopment work, or any part thereof;

negotiate and collect revenue from a redeveloper to defray the costs of the redevelopment

entity, including where applicable the costs incurred in conjunction with bonds, notes

or other obligations issued by the redevelopment entity, and to secure payment of

such revenue; as part of any such arrangement or contract, provide for extension

of credit, or making of loans, to redevelopers to finance any project or redevelopment

work, or upon a finding that the project or redevelopment work would not be undertaken

but for the provision of financial assistance, or would not be undertaken in its intended

scope without the provision of financial assistance, provide as part of an arrangement

or contract for capital grants to redevelopers; and arrange or contract with public

agencies or redevelopers for the opening, grading or closing of streets, roads, roadways,

alleys, or other places or for the furnishing of facilities or for the acquisition

by such agency of property options or property rights or for the furnishing of property

or services in connection with a redevelopment area. g. Except with regard to property subject to the requirements of P.L.2008, c. 65 ( C.40A:5-14.2 et al.), lease or convey property or improvements to any other party pursuant to

this section, without public bidding and at such prices and upon such terms as it

deems reasonable, provided that the lease or conveyance is made in conjunction with

a redevelopment plan, notwithstanding the provisions of any law, rule, or regulation

to the contrary. h. Enter upon any building or property in any redevelopment area in order to conduct

investigations or make surveys, sounding or test borings necessary to carry out the

purposes of this act. i. Arrange or contract with a public agency for the relocation, pursuant to the “Relocation

Assistance Law of 1967,” P.L.1967, c. 79 ( C.52:31B-1 et seq. ) and the “Relocation Assistance Act,” P.L.1971, c. 362 ( C.20:4-1 et seq. ), of residents, industry or commerce displaced from a redevelopment area. j. Make, consistent with the redevelopment plan: (1) plans for carrying out a program

of voluntary repair and rehabilitation of buildings and improvements; and (2) plans

for the enforcement of laws, codes, and regulations relating to the use and occupancy

of buildings and improvements, and to the compulsory repair, rehabilitation, demolition,

or removal of buildings and improvements. k. Request that the planning board recommend and governing body designate particular

areas as being in need of redevelopment or rehabilitation in accordance with the provisions

of this act and make recommendations for the redevelopment or rehabilitation of such

areas. l . Study the recommendations of the planning board or governing body for redevelopment

of the area. m. Publish and disseminate information concerning any redevelopment area, plan or

project. n. Do all things necessary or convenient to carry out its powers.