The authority may acquire by purchase or by the exercise of its power of eminent domain any property, real or personal, which it may deem necessary for any project being constructed or operated by a government. The authority, upon such terms and conditions as it determines, may convey title or possession of such property so acquired or purchased to such government for use in connection with such project.
Source: L. 35: p. 537, § 12. CSA: C. 82, § 40. CRS 53: § 69-3-12. C.R.S. 1963: § 69-312.