Section 24-2-4 – Approval of Redevelopment Plan by Governing Bodies of Cities, Counties, etc., in Which Project Situated; Assistance of Redevelopment Projects by Cities, Counties, Etc.
Section 24-2-4 Approval of redevelopment plan by governing bodies of cities, counties, etc., in which project situated; assistance of redevelopment projects by cities, counties, etc. An authority or the governing body of any city or town shall not initiate any redevelopment project under this chapter until the governing body, or agency designated by it or […]
Section 24-2-5 – Advisory Board.
Section 24-2-5 Advisory board. For the purpose of coordinating its activities and undertakings under this chapter with the needs and undertakings of other local organizations and groups, a housing authority or the governing body of any incorporated city or town may establish an advisory board consisting of the chairman of the authority, who shall be […]
Section 24-2-6 – Land in Project May Be Made Available for Use by Private Enterprise or Public Agencies in Accordance With Redevelopment Plan.
Section 24-2-6 Land in project may be made available for use by private enterprise or public agencies in accordance with redevelopment plan. (a) The authority or the governing body of any city or town may make land in a redevelopment project available for use by private enterprise or public agencies in accordance with the redevelopment […]
Section 24-2-7 – Tax Status of Land Sold or Leased to Private Individuals or Corporations for Redevelopment.
Section 24-2-7 Tax status of land sold or leased to private individuals or corporations for redevelopment. Any property which the authority or the governing body of any incorporated city or town leases to private individuals or corporations for development under a redevelopment plan shall have the same tax status as if such leased property were […]
Section 24-2-8 – Federal Financial Aid.
Section 24-2-8 Federal financial aid. An authority or the governing body of any incorporated city or town may borrow money or accept contributions from the federal government to assist in its undertaking redevelopment projects. An authority or the governing body of any incorporated city or town may do any and all things necessary or desirable […]
Section 24-2-9 – Investment by Public Bodies, etc., in Bonds, etc., Issued by Housing Authorities, Etc.
Section 24-2-9 Investment by public bodies, etc., in bonds, etc., issued by housing authorities, etc. Bonds or other obligations issued by a housing authority or the governing body of any incorporated city or town, in connection with a redevelopment project pursuant to this chapter, shall be security for public deposits and legal investments to the […]
Section 24-2-10 – Provisions of Chapter Cumulative; Conflicting Laws.
Section 24-2-10 Provisions of chapter cumulative; conflicting laws. The provisions of this chapter shall be cumulative and supplemental to the powers conferred by any other law and shall be construed in pari materia with other laws relative to redevelopment plans and redevelopment projects. No laws shall be deemed repealed by this chapter unless in specific […]
Section 24-2-1 – Legislative Findings and Declaration of Necessity.
Section 24-2-1 Legislative findings and declaration of necessity. (a) It is hereby found and declared: (1) That there exist in many communities within this state blighted areas, as defined herein, or areas in the process of becoming blighted; (2) That such areas impair economic values and tax revenues, cause an increase in and spread of […]
Section 24-2-2 – Powers of Housing Authorities or Municipalities – Acquisition and Redevelopment of Blighted Property; Limitations on Eminent Domain; Definitions.
Section 24-2-2 Powers of housing authorities or municipalities – Acquisition and redevelopment of blighted property; limitations on eminent domain; definitions. (a) Any housing authority now or hereafter established pursuant to this title, or any incorporated city or town may carry out any work or undertaking, hereafter called a “redevelopment project”: (1) To acquire blighted property […]
Section 24-2-3 – Powers of Housing Authorities or Municipalities – Powers Under Other Housing Laws; Contracts; Issuance of Bonds and Other Obligations; Eminent Domain.
Section 24-2-3 Powers of housing authorities or municipalities – Powers under other housing laws; contracts; issuance of bonds and other obligations; eminent domain. In undertaking such redevelopment projects a housing authority, or the governing body of any incorporated city or town, shall have all the rights, powers, privileges, and immunities that such authority has under […]