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17 4859-6924-4449\6 2. The redevelopment plans for the redevelopment areas in the locality will afford maximum opportunity consistent with needs of the locality as a whole for the redevelopment of the areas by private enterprise (Minn. Stat. § 469.028, Subd. 2). 3. The redevelopment plan conforms to the general comprehensive plan for the development of the locality as a whole. (Minn. Stat. § 469.028, Subd. 2). Municipal Development District When the EDA exercises certain powers of cities identified in the City Development District law (Minn. Stat. §§ 469.124-469.143), it must do so within the boundaries of a Municipal Development District. A development district may be designated anywhere within the boundaries of a City, and the City must adopt a Development Program for the development district. A Development Program is a statement of objectives for the development district which contains the information set forth in Minn. Stat. § 469.125, Subd. 3. The City may develop a program for improving the district to encourage commercial development, increase employment, protect pedestrians, provide open space relief, and or pursue other public purposes. (Minn. Stat. § 469.125, Subd. 3 and Subd. 4). Prior to designation, the City must consult with its planning agency or department, publish notice, and hold a public hearing. (Minn. Stat. § 469.126, Subd. 1). Specific Powers Because EDAs derive powers both directly from EDA law and indirectly by cross reference with other development statutes, there is often considerable overlap in the statutes authorizing a given power. For example, the power to acquire and develop property under EDA law must be exercised within the boundaries of an “economic development district.” Since the definition of an economic development district is very restrictive, the EDA power to acquire land cannot be exercised in many circumstances. However, the comparable HRA power to acquire and develop property is far more general and can be exercised in a broad range of development circumstances. By picking and choosing the particular statutory authority best suited to a given proposed action, an EDA can optimize its authority. Many EDA powers are listed below, including powers derived from EDA law, HRA law, and municipal authorities. When considering the exercise of any specific power cited, you should always review the available legislation and consult with your legal and development advisors. Acquisition of Property An EDA “may acquire by lease, purchase, gift, devise, or condemnation proceedings the needed right, title, and interest in property to create economic development districts. It shall pay for the property out of money it receives under sections 469.090 to 469.108. It may hold and dispose of the property subject to the limits and conditions in sections 469.090 to 469.108. The title to property acquired by condemnation or purchase must be in fee simple, absolute. The authority may accept an interest in property acquired in another way subject to any condition of the grantor or donor. The condition must be consistent with the proper use of the property under sections 469.090