The port authority may lease or acquire title to real and personal property, may encumber and pledge such property and may condemn real property located within the district which it deems necessary for the development of port facilities in the district, subject to the provisions of section 48-12 .
Conn. Gen. Stat. § 7-329f
Property necessary for development
Applied in 1 court decision — leading case Carpenter Technology Corp. v. City of Bridgeport (1999)
Most recently applied in Carpenter Technology Corp. v. City of Bridgeport (June 1999)
(1967, P.A. 900, S. 6; P.A. 98-240, S. 6.) History: P.A. 98-240 changed “authority” to “port authority” and provided power to encumber and pledge real and personal property.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.