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§7-11B-1. Short Title - This article may be known and cited as "The West...
§7-11B-2. Findings and Legislative Purpose - (a) It is found and declared to be the policy...
§7-11B-3. Definitions - (a) General. When used in this article, words and phrases...
§7-11B-4. Powers Generally - In addition to any other powers conferred by law, a...
§7-11B-5. Powers Supplemental - The powers conferred by this article are in addition and...
§7-11B-6. Application for Development or Redevelopment Plan - (a) An agency or a project developer may apply to...
§7-11B-7. Creation of a Development or Redevelopment Area or District - (a) County commissions and the governing bodies of Class I,...
§7-11B-8. Project Plan — Approval - (a) The county commission or municipality creating the district shall...
§7-11B-9. Project Plan Amendment - (a) The county commission may by order, or the governing...
§7-11B-10. Termination of Development or Redevelopment District - (a) No development or redevelopment district may be in existence...
§7-11B-11. Costs of Formation of Development or Redevelopment District - (a) The county commission, or the governing body of a...
§7-11B-12. Overlapping Districts Prohibited, - The boundaries of any development and redevelopment districts shall not...
§7-11B-13. Conflicts of Interest; Required Disclosures and Abstention - (a) If any member of the governing body of an...
§7-11B-14. Projects Financed by Tax Increment Financing Considered to Be Public Improvements Subject to Prevailing Wage, Local Labor Preference and Competitive Bid Requirements - (a) Any project acquired, constructed, or financed, in whole or...
§7-11B-15. Reports by County Commissions and Municipalities, Contents, and Publication; Procedure to Determine Progress of Project; Reports by Development Office, Content of Reports; Rule-Making Authority; Development Office to Provide Manual and Ass... - (a) Each year, the county commission, or its designee, and...
§7-11B-16. Valuation of Real Property - (a) Upon and after the effective date of the creation...
§7-11B-17. Division of Ad Valorem Real Property Tax Revenue - (a) For so long as the development or redevelopment district...
§7-11B-18. Payments in Lieu of Taxes and Other Revenues - (a) The county commission or municipality that created the development...
§7-11B-19. Tax Increment Obligations Generally - (a) Tax increment obligations may be issued by a county...
§7-11B-20. Tax Increment Financing Obligations -- Authority to Issue - For the purpose of paying project costs, or for the...
§7-11B-21. Tax Increment Financing Obligations -- Authorizing Order or Ordinance - (a) Issuance of tax increment financing obligations shall be authorized...
§7-11B-22. Tax Increment Financing Obligations Terms, Conditions - (a) Tax increment financing obligations may not be issued in...
§7-11B-23. Tax Increment Financing Obligations -– Security -– Marketability - To increase the security and marketability of tax increment financing...
§7-11B-24. Tax Increment Financing Obligations -- Special Fund for Repayment - (a) Tax increment financing obligations issued by a county commission...
§7-11B-25. Tax Increment Financing Obligations – Tax Exemption - Tax increment financing obligations issued under this article, together with...
§7-11B-26. Excess Funds - (a) Moneys received in the tax increment financing fund of...
§7-11B-27. Computation of Local Share for Support of Public Schools When Tax Increment Financing Is Used - For purposes of any computation made in accordance with the...
§7-11B-28. Effective Date - Notwithstanding the effective date of this act of the Legislature,...
§7-11B-29. Joint Development or Redevelopment Districts - (a) The Legislature hereby finds and declares that the citizens...
§7-11B-30. Application by Division of Highways - (a) The Commissioner of Highways may propose creation by a...