Section 50-2012 – ISSUANCE OF BONDS.
50-2012. ISSUANCE OF BONDS. (a) An urban renewal agency shall have power to issue bonds from time to time in its discretion to finance the undertaking of any urban renewal project under this act, including, without limiting the generality thereof, the payment of principal and interest upon any advances for surveys and plans or preliminary […]
Section 50-2013 – BONDS AS LEGAL INVESTMENTS.
50-2013. BONDS AS LEGAL INVESTMENTS. All banks, trust companies, bankers, savings banks and institutions, building and loan associations, savings and loan associations, investment companies and other persons carrying on a banking or investment business, all insurance companies, insurance associations, and other persons carrying on an insurance business; and all executors, administrators, curators, trustees, and other […]
Section 50-2001 – SHORT TITLE.
50-2001. SHORT TITLE. This act shall be known and may be cited as the "Idaho Urban Renewal Law of 1965". History: [50-2001, added 1965, ch. 246, sec. 1, p. 600.]
Section 50-2002 – FINDINGS AND DECLARATIONS OF NECESSITY.
50-2002. FINDINGS AND DECLARATIONS OF NECESSITY. It is hereby found and declared that there exist in municipalities of the state deteriorated and deteriorating areas (as herein defined) which constitute a serious and growing menace, injurious to the public health, safety, morals and welfare of the residents of the state; that the existence of such areas […]
Section 50-2003 – ENCOURAGEMENT OF PRIVATE ENTERPRISE.
50-2003. ENCOURAGEMENT OF PRIVATE ENTERPRISE. An urban renewal agency, to the greatest extent it determines to be feasible in carrying out the provisions of this act, shall afford maximum opportunity, consistent with the sound needs of the municipality as a whole, to the rehabilitation or redevelopment of the urban renewal area by private enterprise. A […]
Section 50-2004 – WORKABLE PROGRAM.
50-2004. WORKABLE PROGRAM. A municipality for the purposes of this act may formulate for the municipality a workable program for utilizing appropriate private and public resources to eliminate, and prevent the development or spread of, slums and urban blight, to encourage needed urban rehabilitation, or to undertake such of the aforesaid activities or other feasible […]
Section 50-2005 – FINDING OF NECESSITY BY LOCAL GOVERNING BODY.
50-2005. FINDING OF NECESSITY BY LOCAL GOVERNING BODY. No urban renewal agency and no municipality shall exercise the authority hereafter conferred by this act until after the local governing body shall have adopted a resolution finding that: (1) one or more deteriorated or deteriorating areas as defined in this act exist in such municipality; (2) […]
Section 50-2006 – URBAN RENEWAL AGENCY.
50-2006. URBAN RENEWAL AGENCY. (1) (a) There is hereby created in each municipality an independent public body corporate and politic to be known as the "urban renewal agency" that was created by resolution as provided in section 50-2005, Idaho Code, before July 1, 2011, for the municipality; provided, that such agency shall not transact any […]
Section 50-2007 – POWERS.
50-2007. POWERS. Every urban renewal agency shall have all the powers necessary or convenient to carry out and effectuate the purposes and provisions of this act, including the following powers in addition to others herein granted: (a) To undertake and carry out urban renewal projects and related activities within its area of operation; and to […]
Section 50-2008 – PREPARATION AND APPROVAL OF PLAN FOR URBAN RENEWAL PROJECT.
50-2008. PREPARATION AND APPROVAL OF PLAN FOR URBAN RENEWAL PROJECT. (a) An urban renewal project for an urban renewal area shall not be planned or initiated unless the local governing body has, by resolution, determined such area to be a deteriorated area or a deteriorating area or a combination thereof and designated such area as […]