Section 18.55.550. Eminent domain.  


Latest version.
  •    (a) The corporation may
            (1) acquire by eminent domain real property that it considers necessary within the boundaries of the redevelopment project or for its purposes under AS 18.55.480 - 18.55.960 after the adoption by it of a resolution declaring that the acquisition of the real property described in the resolution is necessary for those purposes; and
            (2) exercise the power of eminent domain in the manner provided in AS 09.55.240 - 09.55.460 or in the manner provided by other statutory provisions for the exercise of the power of eminent domain.
       (b) Property already devoted to a public use may be acquired in the same manner, provided that real property belonging to the municipality or the state may not be acquired without its consent.

Notes


History

(Sec. 8 ch 105 SLA 1951; am Sec. 58 ch 4 FSSLA 1992)