Sec. 2-189. - Created; purpose; authority.

The city land trust is hereby created as a body politic and incorporated as a public instrumentality which shall have the authority to acquire, hold, and manage real property and interests therein, including development rights, situated in the city. Such acquisition and management shall be for the purpose of protecting, managing, and preserving natural areas, rivers and streams, freshwater wetlands and adjoining uplands and marshes, coastal wetlands, wildlife habitats, land or buildings providing access to or views of water bodies, walking and bicycle paths, land for agricultural use or future public recreational use, and historical sites.

(Rev. Ords. 1987, § 2-189)