(b) The Authority may dispose of any property which is the subject of a
development plan in such manner, whether by sale, lease or otherwise, and for
such price, rental or other consideration, including an amount not less than
of its acquisition cost, payable over such term, and bearing interest as to
deferred payments, and secured in such manner, by mortgage or otherwise, all as
the Authority shall provide in the development plan.
(c) Pending disposition of such land, any existing property acquired by the
Authority in the course of carrying out the provisions of this Act may be
adequately and properly preserved, and may be maintained, leased or
by the Authority by a contract made by the Authority with any participating
entity, enterprise or individual with experience in the area of property
development, management or administration.
(d) Whenever the Authority shall have approved a development plan, the
Authority may amend the development plan from time to time in conformity with
(Source: P.A. 93-205, eff. 1-1-04.)