Vermont § 3213 - Disposal of property in urban renewal area

§ 3213. Disposal of property in urban renewal area

• (a)(1) A municipality may sell, lease, or otherwise transfer real property or any interest
  therein acquired by it, and may enter into contracts with respect thereto, in an urban
  renewal area for residential, recreational, commercial, industrial, or other uses
  or for public use, or may retain such property or interest for public use, in accordance
  with the urban renewal plan, subject to such covenants, conditions, and restrictions,
  including covenants running with the land, as it may deem to be necessary or desirable
  to assist in preventing the development or spread of future slums or blighted areas
  or to otherwise carry out the purposes of this chapter; provided, that such sale,
  lease, other transfer, or retention, and any agreement relating thereto, may be made
  only after the approval of the urban renewal plan by vote of the municipality as provided
  in subsection 3207