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§8-38-1. Short Title - This article is known and may be cited as the...
§8-38-2. Legislative Findings and Declaration of Purpose - The Legislature finds that many significant business opportunities initiated within...
§8-38-3. Definitions - For purposes of this article, the term: (1) "Affordable housing"...
§8-38-4. Authorization to Create Economic Opportunity Development Districts - A municipality may, in accordance with the procedures and subject...
§8-38-5. Development Expenditures - Any municipality that has established an economic opportunity development district...
§8-38-6. Notice; Hearing - (a) General. -- A municipality desiring to create an economic...
§8-38-7. Application to Development Office for Approval of an Economic Opportunity Development District Project - (a) General. -- The Development Office shall receive and act...
§8-38-8. Establishment of the Economic Opportunity Development District Fund - (a) General. -- There is hereby created a special revenue...
§8-38-9. Authorization to Levy Special District Excise Tax - (a) General. — Municipalities have no inherent authority to levy...
§8-38-10. Ordinance to Create District as Approved by Development Office and Authorized by the Legislature - (a) General. -- If an economic opportunity development district project...
§8-38-11. District Board; Duties - (a) General. -- The council of a municipality that has...
§8-38-12. Special District Excise Tax Authorized - (a) General. -- The council of a municipality, authorized by...
§8-38-13. Requisition of District Subaccount Funds - Sixty days after collection of a special district excise tax...
§8-38-14. Modification of Included Area; Notice; Hearing - (a) General. -- The ordinance creating an economic opportunity development...
§8-38-15. Abolishment and Dissolution of District; Notice; Hearing - (a) General. -- Except upon the express written consent of...
§8-38-16. Bonds Issued to Finance Economic Opportunity Development District Projects - (a) General. -– The municipality that established the economic opportunity...
§8-38-17. Security for Bonds - (a) General. -– Unless the municipality otherwise determines in the...
§8-38-18. Redemption of Bonds - The revenue bonds issued pursuant to this article may contain...
§8-38-19. Refunding Bonds - (a) Any bonds issued under this article and at any...
§8-38-20. Use of Proceeds From Sale of Bonds - (a) General. -– The proceeds from the sale of any...
§8-38-21. Bonds Made Legal Investments - Bonds issued under the provisions of this article are legal...
§8-38-22. Exemption From Taxation - The revenue bonds and notes issued pursuant to this article...
§8-38-23. Joint Economic Opportunity Development Districts - (a) The Legislature hereby finds and declares that the citizens...
§8-38-24. Application by Division of Highways - (a) The Commissioner of Highways may propose the creation by...