Sec. 122.433. - Authorization.

The community redevelopment agency may sell, lease, dispose of, or otherwise transfer real property or any interest therein acquired by it for community redevelopment in a community redevelopment area to any private person, or may retain such property for public use, and may enter into contracts with respect thereto for residential, recreational, commercial, industrial, educational, or other uses, in accordance with the community redevelopment plan, subject to such covenants, conditions, and restrictions, including covenants running with the land, as it deems necessary or desirable to assist in preventing the development or spread of future slums or blighted areas or to otherwise carry out the purposes of Florida Statutes Chapter 163, Part III. The community redevelopment agency may utilize the procedures as set fort herein, or may utilize an alternative competitive procedure in accordance with the City of Jacksonville Ordinance Code. If an alternative method pursuant to the Ordinance Code is utilized, the community redevelopment agency must assure that said procedure complies with the statutory requirements for property disposition contained in Florida Statutes. (Ord. 2007-1267-E, § 1)