[Ord. No. 2104 §I, 6-18-2013]
A. The
City shall not exercise the power of eminent domain to acquire property
for economic development, specific State, Federal, or local economic
development initiatives, or for programs related to economic development
such as jobs programs, poverty alleviation, or area, community or
neighborhood revitalization, with the intent that the property will
ultimately be transferred to another person or entity to be used for
private purposes.
B. The
designation of property as "blighted" for purposes of qualifying for
any State or Federal economic development program shall not be used
as a step toward the use of eminent domain.
C. It
shall be unlawful for any person or entity to accept the transfer
of property acquired by the City through the process of eminent domain
in violation of this Section herein.