Counties and municipalities through intergovernmental agreements may jointly adopt redevelopment plans and authorize obligations as provided under the provisions of this chapter and Chapter 6 of this title. Counties by intergovernmental agreement incorporated into individual county ordinances, may establish a multi-county or regional authority for both the establishing of a redevelopment plan and redevelopment projects if the documented economic impacts of projects extend beyond the boundaries of a single county. All actions to develop such plans and projects must be taken by the governing bodies of the respective counties participating in the grouping or authority pursuant to the contractual terms of the intergovernmental agreements establishing such groupings or authority.
HISTORY: 1999 Act No. 109, Section 1; 2005 Act No. 109, Section 5.
Structure South Carolina Code of Laws
Title 31 - Housing and Redevelopment
Chapter 7 - Tax Increment Financing For Counties
Section 31-7-25. Additional findings.
Section 31-7-40. Obligations and pledges authorized; surplus fund distributions.
Section 31-7-50. Application of proceeds.
Section 31-7-60. State tax exemptions.
Section 31-7-70. Ordinance adoption requirements and obligation retirement.
Section 31-7-75. Municipal annexation; ad valorem tax valuation.
Section 31-7-80. Conditions for issuing obligations; approving and modifying redevelopment plans.
Section 31-7-90. Residential displacement requirements, benefits, and protections.
Section 31-7-100. County auditor certification; value assessments; extending taxes.
Section 31-7-110. Revenues and grants; county powers.
Section 31-7-120. Intergovernmental agreements.
Section 31-7-130. Government-owned telecommunications service providers.