Section 99.1030 – Permission needed for designation of development area outside boundaries of municipality.
Effective – 28 Aug 2003 99.1030. Permission needed for designation of development area outside boundaries of municipality. — In the event a municipality desires to designate a development area located in whole or in part outside the incorporated boundaries of the municipality and within the boundaries of another municipality, such municipality shall first obtain the […]
Section 99.1033 – Powers of municipality creating authority — powers authorized to authority — public hearings held, when.
Effective – 28 Aug 2003 99.1033. Powers of municipality creating authority — powers authorized to authority — public hearings held, when. — 1. A municipality which has created an authority pursuant to section 99.1006 may: (1) Approve by ordinance the exercise by the authority of the powers, functions, and duties of the authority under sections […]
Section 99.1036 – Adoption of authorizing ordinance, public hearings to be held — notice for hearing, contents.
Effective – 28 Aug 2003 99.1036. Adoption of authorizing ordinance, public hearings to be held — notice for hearing, contents. — 1. Prior to the adoption of the ordinance designating a development area, adopting a development plan, or approving a development project, the municipality or authority shall fix a time and place for a public […]
Section 99.1039 – Financing project costs, issuance of obligations permitted, procedure — immunity from liability for obligations — retiring or refinancing debt, limitations.
Effective – 28 Aug 2003 99.1039. Financing project costs, issuance of obligations permitted, procedure — immunity from liability for obligations — retiring or refinancing debt, limitations. — 1. For the purpose of financing development project costs, obligations may be issued by the municipality, or, at the request of the municipality, by the authority or any […]
Section 99.1042 – Adoption of development financing by ordinance — county assessor to determine total equalized assessed value — calculation of ad valorem taxes — allocation of economic activity taxes.
Effective – 28 Aug 2003 99.1042. Adoption of development financing by ordinance — county assessor to determine total equalized assessed value — calculation of ad valorem taxes — allocation of economic activity taxes. — 1. A municipality, after designating a development area, adopting a development plan, and adopting any development project in conformance with the […]
Section 99.1012 – Powers of authority exercised by board — quorum requirements, meetings, officers, expenses, removal.
Effective – 28 Aug 2003 99.1012. Powers of authority exercised by board — quorum requirements, meetings, officers, expenses, removal. — 1. The powers of the authority created pursuant to section 99.1006 shall be exercised by its board of commissioners. A majority of the commissioners shall constitute a quorum of such board for the purpose of […]
Section 99.958 – Endowment, Carnegie Research I University, private funds needed for one-half of endowment.
Effective – 07 Jul 2003 99.958. Endowment, Carnegie Research I University, private funds needed for one-half of endowment. — If a development plan includes an endowment of positions at an institution of higher education which has a designation as a Carnegie Research I University, including any campus of such university system, such endowment must first […]
Section 99.960 – Disbursement of project costs, approval of department required — application, contents — finance board to make determination — cap on disbursements — time limitations on disbursements — development costs defined — projects ineligible for TIFs, when — rulemaking authority.
Effective – 28 Aug 2005 99.960. Disbursement of project costs, approval of department required — application, contents — finance board to make determination — cap on disbursements — time limitations on disbursements — development costs defined — projects ineligible for TIFs, when — rulemaking authority. — 1. A municipality shall submit an application to the […]
Section 99.963 – State supplemental downtown development fund established, moneys in fund, use of moneys, disbursements — rulemaking authority.
Effective – 07 Jul 2003 99.963. State supplemental downtown development fund established, moneys in fund, use of moneys, disbursements — rulemaking authority. — 1. There is hereby established within the state treasury a special fund to be known as the “State Supplemental Downtown Development Fund”, to be administered by the department of economic development. Any […]
Section 99.965 – Termination of development financing, when, procedure — dissolution of special fund and termination of designated area.
Effective – 07 Jul 2003 99.965. Termination of development financing, when, procedure — dissolution of special fund and termination of designated area. — 1. When all development project costs and all obligations issued to finance development project costs have been paid in full, the municipality shall adopt an ordinance terminating development financing for all development […]