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§ 850.501. Authority to acquire and improve property

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and CommerceEffective: February 7, 2005

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 73 P.S. Trade and Commerce (Refs & Annos)
Chapter 16E. Transit Revitalization Investment District Act
Chapter 5. Land Development Powers of Public Transportation Agencies
Effective: February 7, 2005
73 P.S. § 850.501
§ 850.501. Authority to acquire and improve property
Consistent with the existing authority or limitations of public transportation agencies to condemn and acquire land for public transportation purposes, such entities are hereby authorized to acquire and improve property located within a designated TRID for real estate development purposes provided such acquisition and improvement:
(1) Is consistent with any pertinent municipal comprehensive plan and TRID planning study.
(2) Is coordinated with pertinent county and local jurisdictions and redevelopment or other special purpose authorities.
(3) Furthers the stated purposes of this act.
(4) Does not exceed the minimum land area necessary to accomplish the needs specified in the TRID planning study and the development agreement.

Credits

2004, Dec. 8, P.L. 1801, No. 238, § 501, effective in 60 days [Feb. 7, 2005].
73 P.S. § 850.501, PA ST 73 P.S. § 850.501
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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