The City is hereby authorized and empowered to convey to the Authority the existing market or any part thereof upon receipt by the City of the purchase price therefor, either in cash or in bonds. The City is hereby authorized and empowered to vacate any or all streets, alleys or other public places required to insure proper operation of the Market and the full and complete utilization of its facilities, and the City may grant to the Authority the exclusive right to use such vacated streets, alleys or other public places for the purpose of the Market, subject to such terms and conditions and in such manner as the City and the Authority may lawfully agree upon. P.L.L., 1969, §10-5 1945, ch. 863