Whenever any property is acquired pursuant to the provisions of §§ 45-29-13 — 45-29-32 for any project or projects, a city may acquire, or take in fee, more land and property than is needed for the actual project or projects; provided, that the additional land and property authorized to be acquired or taken, is no more than is reasonably required for the protection and suitable development of the project or projects. The excess land and property shall be included in the description, plat, and statement referred to in § 45-29-19, and shall be taken with the other land included in the description, plat, and statement. After so much of the land and property has been appropriated for the project or projects as is needed, the excess land and property so taken in fee may be held and improved by the authority for any one of its purposes authorized under the housing authorities law, or may be leased, sold, or otherwise disposed of by the authority with or without restrictions. In the case of a lease, sale, or disposition, the person or persons from whom the additional land and property was taken shall have the first right to purchase, lease, or acquire it upon terms and conditions as the city or authority is willing to sell, lease, or dispose of it.
History of Section.
P.L. 1935, ch. 2256, § 7; G.L. 1938, ch. 345, § 7; G.L. 1956, § 45-29-31.