Sec. 7-604. Reuse and resale of property acquired by eminent domain.
Sec. 7-604. Reuse and resale of property acquired by eminent domain. In the
reuse and resale of residential property acquired by a municipality pursuant to subsection
(c) of section 48-6, the municipality shall give preference to persons who declare an
intent to reside in such property. The municipality may establish financial penalties
for failure to reside in such residential property when a declaration has been made. In
establishing such penalties the municipality shall take into consideration any mitigating
factors.
(P.A. 95-340, S. 6.)