Sec. 2. (a) The clearance, replanning, and redevelopment of areas needing redevelopment under this chapter are public uses and purposes for which public money may be spent and private property may be acquired.

     (b) Each unit shall, to the extent feasible under this chapter and consistent with the needs of the unit as a whole, afford a maximum opportunity for rehabilitation or redevelopment of areas by private enterprise.

[Pre-Local Government Recodification Citations: 18-7-7-2 part; 18-7-7-28 part; 18-7-7.1-1 part; 18-7-7.1-28 part.]

As added by Acts 1981, P.L.309, SEC.33. Amended by P.L.185-2005, SEC.8.