jquery - resizable not working after manipulating the DOM dynamically
<div id="ParentDIV" style="margin-left:200px; width:800px; height:500px; background:lightgray;">
           <div class="dragClass"><p>Drag me around!</p></div>
           <br /><br />
           <img class="dragImgClass" src="logo3.JPG" />
           <br /><br />
           <img class="dragImgClass" src="logo4.JPG" />
       </div>
        <br /><br />
        <input id="Btn4" type="button" onclick="deleteObj();" value="Remove Element" />

$(function () {
            BindEvtHandlers();

        });      //End of DOM Ready

        function BindEvtHandlers() {
            $(".dragImgClass").draggable({ delay: 100, containment: "#ParentDIV", scroll: false })
                              .on("click", selectAction);

            $(".dragClass").draggable({ delay: 100, containment: "#ParentDIV", scroll: false })
                           .resizable()
                           .on("dblclick", editAction)
                           .on("click", selectAction)
                           .on("blur", "textarea", blurAction);
           }


        function selectAction() {
            var $this = $(this); //get current obj.

            if ($this.get(0).tagName == "IMG")
                $('body').data('CBO', $this.attr('src'));
            else
                $('body').data('CBO', $this.find('p').html());

            $('body').data('selObj', $this);
            $this.fadeTo('slow', 0.3);
           }

        function deleteObj() {
            var $selObj = $('body').data('selObj');
            alert($selObj.outerHtml());

            var cont = $('#ParentDIV').html();
            cont = cont.replace($selObj.outerHtml(), "");
            $('#ParentDIV').html(cont);


            $(".dragImgClass").draggable({ delay: 100, containment: "#ParentDIV", scroll: false })
                              .on("click", selectAction);

            $(".dragClass").resizable('destroy');
            $(".dragClass").draggable({ delay: 100, containment: "#ParentDIV", scroll: false })
                           .resizable()
                           .on("dblclick", editAction)
                           .on("click", selectAction)
                           .on("blur", "textarea", blurAction);
        }

$selObj.remove();