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condition of real estate upon obtaining the consent in writing <br /> of all owners of record, occupying tenants, and all lien holders <br /> of record; the cost shall be charged against the real estate as <br /> provided in section 463.21, except the governing body may <br /> provide that the cost so assessed may be paid in not to exceed <br /> five equal annual installments with interest thereon, at eight <br /> percent per annum. <br /> HIST: 1967 c 324 s 2; 1974 c 341 s 1 <br /> 463.152 EXERCISE OF EMINENT DOMAIN. <br /> Subdivision 1. Purpose, public interest. In order <br /> to maintain a sufficient supply of adequate, safe, and sanitary <br /> housing and buildings used for living, commercial, industrial, <br /> or other purposes or any combination of purposes, it is found <br /> that the public interest requires that municipalities be <br /> authorized to acquire buildings, real estate on which buildings <br /> are located, or vacant or undeveloped real estate which are <br /> found to be hazardous within the meaning of section 463.15, <br /> subdivision 3, and the acquisition of such buildings and real <br /> estate is hereby declared to be a public purpose. <br /> Subd. 2. Acquisition; procedure. In furtherance of <br /> the public policy declared in subdivision 1, the governing body <br /> of any city or town may acquire any hazardous building, real <br /> estate on which any such building is located, or vacant or <br /> undeveloped real estate by eminent domain in the manner provided <br /> by chapter 117. <br /> HIST: 1974 c 341 s 3; 1976 c 2 s 140 <br /> 463.16 REPAIR OR REMOVAL OF HAZARDOUS BUILDING; <br /> HAZARDOUS PROPERTY CONDITIONS. <br /> The governing body of any city or town may order the owner <br /> of any hazardous building or property within the municipality to <br /> correct or remove the hazardous condition of the building or <br /> property or to raze or remove the building. <br /> HIST: 1965 c 393 s 2; 1973 c 123 art 5 s 7; 1989 c 328 art 6 s <br /> 7 <br /> 463.161 ABATEMENT. <br /> In the manner prescribed in section 463.21 the governing <br /> body of any city or town may correct or remove the hazardous <br /> condition of any hazardous building or property; the cost of <br /> which shall be charged against the real estate as provided in <br /> section 463.21 except the governing body may provide that the <br /> cost so assessed may be paid in not to exceed five equal annual <br /> installments with interest therein, at eight percent per annum. <br /> HIST: 1974 c 341 s 2; 1989 c 328 art 6 s 8 <br /> 463.17 THE ORDER. <br /> Subdivision 1. Contents. The order shall be in <br /> writing; recite the grounds therefor; specify the necessary <br /> 38 <br />