When in the prosecution of a community development plan, adopted and approved in accordance with the Charter and these Codified Ordinances, the Director of Community Development determines that project agreements be entered into for the sale and redevelopment or rehabilitation of a site acquired or to be acquired within the community development area, the Director shall seek redevelopment or rehabilitation proposals, by direct negotiations, from persons or organizations desiring to redevelop or rehabilitate the site in conformity with the community development plan, or the Director shall seek competitive bids for such redevelopment or rehabilitation proposals.
(Ord. No. 435-71. Passed 5-10-71, eff. 5-17-71)