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 99.1015 – Contracts, authority may transact business, when — validity of authority not to be challenged, when.
Effective – 28 Aug 2003 99.1015. Contracts, authority may transact business, when — validity of authority not to be challenged, when. — 1. In any suit, action, or proceeding involving the validity or enforcement of or relating to any contract of an authority entered into pursuant to sections 99.1000 to 99.1060, such authority shall be […]
Section 99.1018 – Authority to be public body corporate and politic, powers — disclosure of conflicts of interest.
Effective – 28 Aug 2004 99.1018. Authority to be public body corporate and politic, powers — disclosure of conflicts of interest. — 1. The authority created pursuant to section 99.1006 shall constitute a public body corporate and politic, exercising public and essential governmental functions. 2. A municipality or an authority created pursuant to section 99.1006 […]
Section 99.1021 – Disposal of real property.
Effective – 28 Aug 2003 99.1021. Disposal of real property. — Real property which is acquired by a municipality or authority in a development project area may be disposed of as follows: (1) Within a development project area, the authority may sell, lease, exchange, or otherwise transfer real property, including land, improvements, and fixtures, or […]
Section 99.1027 – Developmental plan, contents, adoption of, procedure.
Effective – 28 Aug 2003 99.1027. Developmental plan, contents, adoption of, procedure. — 1. A development plan shall set forth in writing a general description of the program to be undertaken to accomplish the development projects and related objectives and shall include, but need not be limited to: (1) The name, street and mailing address, […]
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 99.958 – 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 […]