The main purposes of the Corporation are to draft, design, process, coordinate and implement in an orderly manner, plans and mechanisms for the revitalization of urban centers and areas and special urban development areas established in the land use plans of the planning board or the municipal territorial plans, as the case may be, through the process of land acquisition, including the method of expropriation, the issue of applications for and adjudication of proposals for their development and the joint development of properties by the public and private sectors and the assistance and support for obtaining the means for the financing needed for said projects.
The revitalization of the urban centers shall be understood to cover and include, without this implying a limitation, the streets, roads, sidewalks, pedestrian walkways, public services, recreational areas, buildings, structures and facilities, as well as all other phases needed to achieve the concept of said urban center. The Corporation may coordinate or take charge of the partial or total maintenance of the reconstruction or revitalization projects of the urban centers and their facilities and may also administer the activities of said urban centers and coordinate them with public and private agencies as provided in this chapter.
History —Aug. 11, 2004, No. 209, § 1.05.