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Tho Agency is authorized to make such pledges as to specific advances, loans and indebtedness as appropriate in carrying out 'the Pro3ect. III. PROJECT PROPOSALS Proposed redevelopment actions in the project area include acquisition-of land and improvements, clearance and redevelop- ment, owner participation, provisions for re-entry of persons previously in business in the project area, relocation of project occupants, provision of public improvements, closing of streets and right-of-ways, construction and dedication of malls and streets and dedication of land for public use. A. LAND ACQUISITION All real property located in the project, except as specifically exempted herein, may be acquired by the Redevelopment Agency by gift, devise, exchange, pur- chase, condemnation or any other lawful method. The public interest and necessity require the use of the power of eminent domain by the Alency to acquire those real properties in the project which cannot be acquired by other lawful methods. If the owners of properties herein identified to be acquired by the Agency demonstrate their ability to redevelop their properties in accordance with this Plan, the Agency in its discretion m~5' enter into owner participation agreements with such owners in lieu of acquiring their properties. B. REHABILITATION 1. Rehabilitation Standards Any existing structure within the project area which the Agency shall approve for retention and rehabilitation shall be repaired, altered, or re- constructed in such manner that it will meet the following requirements: Be safe and sound in all physical respects and be attractive in appearance and not detrimental to the surrounding uses. 2. Owner Participation In accordance with the Community Redevelopment Law of the State of California, the Redevelopment Agency has adopted "Rules for Owner Participation in the