The City shall have power:
(A.)
To acquire property by condemnation within or without its corporate limits for any municipal purpose, and, for the purpose of; (1) protecting, preserving, and facilitating an improvement or (2) financing an improvement or (3) bringing about such developments of property along or in the vicinity of an improvement or (4) any combination of such purposes, to require by condemnation property in excess of that needed for the actual improvement and to sell or lease such excess property with or without imposing building and use restrictions and conditions.
(B.)
To provide for the payment of all or any part of the costs of public improvements by the levying and collecting of special assessments upon properties specially benefitted, in accordance with authorizations provided by the State laws and such amendments as may be made thereto.