As used in § 11-8-38, the term "urban renewal powers" shall include the rights, powers, functions, and duties of a municipality under this chapter, except the following:
(1) The power to determine an area to be a slum or blighted area or combination thereof and to designate such area as appropriate for an urban renewal project and to hold any public hearings required with respect thereto;(2) The power to approve urban renewal plans and modifications thereof;(3) The power to approve general neighborhood renewal plans and community-wide plans or programs for urban renewal;(4) The power to approve the acquisition, demolition, removal, or disposal of property as provided in § 11-8-25;(5) The power to establish a general plan for the locality as a whole;(6) The power to formulate a workable program under § 11-8-9;(7) The power to make the determinations and findings provided for in §§ 11-8-8, 11-8-10, 11-8-16, and 11-8-17;(8) The power to issue general obligation bonds under § 11-8-37;(9) The power to assume the responsibility to bear loss as provided in § 11-8-25; and(10) The power to appropriate funds, levy taxes and assessments, and to exercise other powers provided for in § 11-8-29.