Section 50-2612 – USE OF ASSESSMENT PROCEEDS RESTRICTED.
50-2612. USE OF ASSESSMENT PROCEEDS RESTRICTED. The special assessments levied hereunder must be for the purposes specified in the ordinances and the proceeds shall not be used for any other purpose. History: [50-2612, added 1980, ch. 192, sec. 1, p. 426.]
Section 50-2704 – BOARD OF DIRECTORS OF A PUBLIC CORPORATION.
50-2704. BOARD OF DIRECTORS OF A PUBLIC CORPORATION. The ordinance creating a public corporation shall include provisions establishing a board of directors to govern the affairs of the corporation, what constitutes a quorum of the board of directors, and how the corporation shall conduct its affairs. The board of directors will consist of no less […]
Section 50-2613 – COLLECTION OF ASSESSMENTS.
50-2613. COLLECTION OF ASSESSMENTS. Collections of assessments imposed pursuant to this chapter shall be made in the manner to be determined by the concerned legislative authority. History: [50-2613, added 1980, ch. 192, sec. 1, p. 426.]
Section 50-2705 – PUBLIC CORPORATIONS — DIRECTORS.
50-2705. PUBLIC CORPORATIONS — DIRECTORS. It shall be illegal for a director, officer, agent or employee of a corporation to have, directly or indirectly, any financial interest in any property to be included in or any contract for property, services or materials to be furnished or used in connection with any industrial development facility financed […]
Section 50-2614 – CHANGES IN ASSESSMENT RATES.
50-2614. CHANGES IN ASSESSMENT RATES. Changes may be made in the rate or additional rate of special assessment as specified in the ordinance establishing the district, by ordinance adopted after a hearing before the legislative authority. The legislative authority shall adopt a resolution of intention to change the rate or additional rate of special assessment […]
Section 50-2615 – BENEFIT ZONES — AUTHORIZED — RATES.
50-2615. BENEFIT ZONES — AUTHORIZED — RATES. The legislative authority may, for each of the purposes set out in section 50-2601, Idaho Code, establish and modify one or more separate benefit zones based upon the degree of benefit derived from the purpose and may impose a different rate of special assessment within each such benefit […]
Section 50-2616 – BENEFIT ZONES — ESTABLISHMENT, MODIFICATION AND DISESTABLISHMENT OF DISTRICT PROVISIONS AND PROCEDURE TO BE FOLLOWED.
50-2616. BENEFIT ZONES — ESTABLISHMENT, MODIFICATION AND DISESTABLISHMENT OF DISTRICT PROVISIONS AND PROCEDURE TO BE FOLLOWED. All provisions of this chapter applicable to establishment or disestablishment of a district also apply to the establishment, modification, or disestablishment of benefit zones pursuant to section 50-2615, Idaho Code. The establishment or the modification of any such zone […]
Section 50-2617 – EXEMPTION PERIOD FOR NEW BUSINESSES.
50-2617. EXEMPTION PERIOD FOR NEW BUSINESSES. Businesses established after the creation of a district within the district shall be exempted from the special assessments imposed pursuant to this chapter from the date of first occupancy until the next billing date prescribed by the legislative authority. History: [50-2617, added 1980, ch. 192, sec. 1, p. 427; […]
Section 50-2618 – DISESTABLISHMENT OF DISTRICT — HEARING.
50-2618. DISESTABLISHMENT OF DISTRICT — HEARING. (1) The legislative authority may disestablish a district by ordinance after a hearing before the legislative authority. The legislative authority shall adopt a resolution of intention to disestablish the district at least fifteen (15) days prior to the hearing required by this section. The resolution shall give the time […]
Section 50-2619 – DISESTABLISHMENT OF DISTRICT — ASSETS AND LIABILITIES.
50-2619. DISESTABLISHMENT OF DISTRICT — ASSETS AND LIABILITIES. Upon disestablishment of a district, any proceeds of the special assessments, or assets acquired with such proceeds, or liabilities incurred as a result of the formation of such district, shall be subject to disposition as the legislative authority shall determine; provided, however, any liabilities, either current or […]