The town may acquire real, personal or mixed property within and without the corporate limits of the town for any public purpose by purchase, gift, bequest, devise, lease, condemnation or in any other lawful manner and may sell, lease or otherwise dispose of any property belonging to the town. All town property, funds and franchises of every kind belonging to or in the possession of the town at the time this Charter becomes effective are vested in the town, subject to the terms and conditions thereof.
The town may condemn property of any kind, or interest therein, or franchise connected therewith, in fee or as an easement, within the corporate limits of the town for any public purpose. Any activity, project or improvement authorized by the provisions of this Charter or any other state law applicable to the town is a public purpose. The manner of procedure in case of any condemnation proceeding shall be that established by the Annotated Code of the Public General Laws of Maryland.
The town may acquire, obtain by lease or rent, purchase, construct, operate and maintain all buildings and structures it deems necessary for the operation of the town government.
The town may do whatever may be necessary to protect town property and to keep all town property in good condition.
No town property shall be designated or named after any member of the Commissioners, including the Burgess, who is in office at the time of the naming or designation.