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(a) A governmental entity legally authorized to issue general revenue bonds may create a property assessed energy improvement district by adoption of an ordinance.
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(b) A combination of governmental entities may create a district by each governmental entity:
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(1) Adopting an ordinance that provides for the governmental entity’s participation in the district; and
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(2) Entering into a joint agreement with one (1) or more other participating governmental entities.
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(c) This section shall not limit additional governmental entities from becoming members of the district under § 8-15-106.