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This would be the sort of question you would need to ask an attorney, because it really depends on the details. If the city charter gives the mayor the right to do that to raise money for the city then yes, if it specifically says he can't then no, if it doesn't address the situation at all then maybe.

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Q: Can the municipal mayor allow lots considered to be a part of the town plaza to be leased for private business such as restaurants?
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