Sec. 18.55.550. Eminent domain.
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Sec. 18.55.550. Eminent domain.
(a)The corporation may
(1)acquire by eminent domain real property that it considers necessary within the boundaries of the redevelopment project or for its purposes under AS 18.55.480 — 18.55.960 after the adoption by it of a resolution declaring that the acquisition of the real property described in the resolution is necessary for those purposes; and
(2)exercise the power of eminent domain in the manner provided in AS 09.55.240 — 09.55.460 or in the manner provided by other statutory provisions for the exercise of the power of eminent domain.
(b)Property already devoted to a public use may be acquired in the same manner, provided that real property belonging to the municipality or the state may not be acquired without its consent.