Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Section 11-9-1 - Definition of terms. - 11-9-1. Definition of terms. Terms used in this chapter mean:...
Section 11-9-2 - Municipal powers related to districts. - 11-9-2. Municipal powers related to districts. A municipality may exercise...
Section 11-9-3 - Planning commission hearing on creation of district--Notice. - 11-9-3. Planning commission hearing on creation of district--Notice. The planning...
Section 11-9-4 - Recommendation by planning commission for creation of district--Designation of boundaries. - 11-9-4. Recommendation by planning commission for creation of district--Designation of...
Section 11-9-5 - Governing body resolution creating district--Boundaries--Name. - 11-9-5. Governing body resolution creating district--Boundaries--Name. The governing body shall...
Section 11-9-6 - Districts with overlapping boundaries permitted. - 11-9-6. Districts with overlapping boundaries permitted. Subject to any agreement...
Section 11-9-7 - Maximum percentage of taxable property in municipality permitted in district. - 11-9-7. Maximum percentage of taxable property in municipality permitted in...
Section 11-9-8 - Required findings in resolution creating district. - 11-9-8. Required findings in resolution creating district. The resolution required...
Section 11-9-9 - Areas conducive to disease or crime defined as blighted. - 11-9-9. Areas conducive to disease or crime defined as blighted....
Section 11-9-10 - Developed areas impairing growth defined as blighted. - 11-9-10. Developed areas impairing growth defined as blighted. Any area...
Section 11-9-11 - Open areas impairing growth defined as blighted. - 11-9-11. Open areas impairing growth defined as blighted. Any area...
Section 11-9-12 - Determination of tax increment base on creation of district or amendment of plan. - 11-9-12. Determination of tax increment base on creation of district...
Section 11-9-13 - Project plan for each district--Contents. - 11-9-13. Project plan for each district--Contents. The planning commission shall...
Section 11-9-14 - Project costs defined. - 11-9-14. Project costs defined. For the purposes of this chapter,...
Section 11-9-15 - Items included in project costs. - 11-9-15. Items included in project costs. Project costs include: (1)Capital...
Section 11-9-16 - Additional contents of project plan. - 11-9-16. Additional contents of project plan. The project plan for...
Section 11-9-17 - Governing body resolution approving project plan--Findings. - 11-9-17. Governing body resolution approving project plan--Findings. The governing body...
Section 11-9-18 - Amendment to project plan--Procedure. - 11-9-18. Amendment to project plan--Procedure. The planning commission may at...
Section 11-9-19 - Tax increment base defined. - 11-9-19. Tax increment base defined. For purposes of this chapter,...
Section 11-9-20 - Determination of tax increment base of district. - 11-9-20. Determination of tax increment base of district. On application...
Section 11-9-20.1 - Aggregate assessed value for district not in compliance with ยง 10-6-121. - 11-9-20.1. Aggregate assessed value for district not in compliance with...
Section 11-9-21 - Indication on assessment rolls of parcels within district. - 11-9-21. Indication on assessment rolls of parcels within district. The...
Section 11-9-22 - Presumption as to property recently acquired or leased by municipality. - 11-9-22. Presumption as to property recently acquired or leased by...
Section 11-9-23 - Redetermination of tax increment base when project costs increased by amendment of plan. - 11-9-23. Redetermination of tax increment base when project costs increased...
Section 11-9-24 - Annual notice by department of assessed value of real property and tax increment base--Change in laws not to result in lower assessed values--Conditions. - 11-9-24. Annual notice by department of assessed value of real...
Section 11-9-25 - Allocation to municipality of tax increments--Duration of allocation. - 11-9-25. Allocation to municipality of tax increments--Duration of allocation. Positive...
Section 11-9-26 - Tax increment defined. - 11-9-26. Tax increment defined. For purposes of this chapter, the...
Section 11-9-27 - Taxation of property in district. - 11-9-27. Taxation of property in district. With respect to the...
Section 11-9-28 - Payment to municipality of allocable tax increment. - 11-9-28. Payment to municipality of allocable tax increment. Notwithstanding any...
Section 11-9-30 - Methods of paying project costs. - 11-9-30. Methods of paying project costs. Payment of project costs...
Section 11-9-31 - Tax increments deposited in special fund--Municipal appropriations to fund--Investment of moneys in fund. - 11-9-31. Tax increments deposited in special fund--Municipal appropriations to fund--Investment...
Section 11-9-32 - Permissible uses of special fund. - 11-9-32. Permissible uses of special fund. Moneys shall be paid...
Section 11-9-33 - Bonds authorized for payment of project costs. - 11-9-33. Bonds authorized for payment of project costs. For the...
Section 11-9-34 - Bonds or contracts authorized by resolution. - 11-9-34. Bonds or contracts authorized by resolution. Tax increment bonds,...
Section 11-9-35 - Maximum amount of bonds--Maturity--Redemption--Bearer or registered--Denominations. - 11-9-35. Maximum amount of bonds--Maturity--Redemption--Bearer or registered--Denominations. Tax increment bonds...
Section 11-9-36 - Bonds payable only from special fund. - 11-9-36. Bonds payable only from special fund. Tax increment bonds...
Section 11-9-37 - Pledge of special fund to bonds--Restrictions on use of fund--Lien. - 11-9-37. Pledge of special fund to bonds--Restrictions on use of...
Section 11-9-38 - Bonds to be negotiable and payable only from tax increment. - 11-9-38. Bonds to be negotiable and payable only from tax...
Section 11-9-39 - Other security and marketability provisions. - 11-9-39. Other security and marketability provisions. To increase the security...
Section 11-9-39.1 - State pledge not to alter rights vested in bondholders until bonds fully discharged. - 11-9-39.1. State pledge not to alter rights vested in bondholders...
Section 11-9-40 - Sale of bonds. - 11-9-40. Sale of bonds. Tax increment bonds may be sold...
Section 11-9-41 - Procedure for condemnation under power of eminent domain. - 11-9-41. Procedure for condemnation under power of eminent domain. The...
Section 11-9-42 - Tax increments not to be used for residential structures. - 11-9-42. Tax increments not to be used for residential structures....
Section 11-9-43 - Performance bond required of purchaser or lessee of property. - 11-9-43. Performance bond required of purchaser or lessee of property....
Section 11-9-44 - Notice to purchaser or lessee and surety of noncompliance with contract--Taking possession of work site. - 11-9-44. Notice to purchaser or lessee and surety of noncompliance...
Section 11-9-45 - Disposition of funds remaining after payment of project costs and bonds. - 11-9-45. Disposition of funds remaining after payment of project costs...
Section 11-9-46 - Termination of district. - 11-9-46. Termination of district. The existence of a district shall...
Section 11-9-48 - Reports of tax increment financing districts published on department website. - 11-9-48. Reports of tax increment financing districts published on department...