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 99.1009 – Board of commissioners to govern authority — appointment of commissioners, terms, vacancies.
Effective – 28 Aug 2003 99.1009. Board of commissioners to govern authority — appointment of commissioners, terms, vacancies. — 1. Each authority created pursuant to section 99.1006 shall be governed by a board of commissioners. The number of commissioners serving on the board of each authority shall be no less than five and no more […]
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 […]
Section 99.968 – Debt service levies, computation of.
Effective – 07 Jul 2003 99.968. Debt service levies, computation of. — In each of the twenty-five calendar years following the adoption of an ordinance adopting development financing for a development project area, unless and until development financing for such development project area is terminated by ordinance of the municipality, then, in respect to every […]
Section 99.975 – Application approvals, limitations.
Effective – 07 Jul 2003 99.975. Application approvals, limitations. — 1. No new applications made pursuant to sections 99.915 to 99.980 shall be approved after January 1, 2013. 2. No applications made pursuant to sections 99.915 to 99.980 shall be approved prior to August 28, 2003, except for applications for projects that are located within […]