Power of corporation to lay out, make improvements of & close Public streets

The Corporation in pursuance of a decision arrived at a meeting may—

(a) lay out new streets, squares and gardens; (b) construct new bridges, causeways, culverts, and sub-ways; (c) turn, divert or temporarily or permanently close any public square, street or garden; (d) widen, open, enlarge or otherwise improve any public street, square or garden; (e) pass order regulating or prohibiting any description of traffic on any particular or on public streets in general or preventing obstruction, encroachment or excavation on or near such street or streets.