(315 ILCS 20/6) (from Ch. 67 1/2, par. 256)
Sec. 6.
Neighborhood redevelopment corporations authorized-Supervision by
redevelopment commission.
Neighborhood Redevelopment Corporations may be organized in the manner
provided by this Act to acquire Real Property, to alter, renovate,
demolish or rebuild existing improvements thereon, and to construct,
maintain and operate a Development therein, when authorized by and subject
to the supervision of the Redevelopment Commission of the city, village or
incorporated town wherein the Development Area is located, for the purpose
of effecting the Redevelopment of Slum and Blight or Conservation Areas in
the manner provided by this Act; Provided, that the business and conduct of
each Neighborhood Redevelopment Corporation, until the Redevelopment of its
Development Area has been achieved, shall be subject, as hereinafter
provided, to the supervision and regulation of the Redevelopment Commission
of the city, village or incorporated town wherein its Development Area is
located.
(Source: Laws 1953, p. 1138.)
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