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 99.980 – Businesses relocating in development area, authority to report to department, when — status of development plan, report to be submitted, contents — access to project sites — annual financial statements required.
Effective – 07 Jul 2003 99.980. Businesses relocating in development area, authority to report to department, when — status of development plan, report to be submitted, contents — access to project sites — annual financial statements required. — 1. By the last day of February each year, the municipality or authority shall report to the […]
Section 99.1000 – Definitions.
Effective – 28 Aug 2004 99.1000. Definitions. — As used in sections 99.1000 to 99.1060, unless the context clearly requires otherwise, the following terms shall mean: (1) “Authority”, the rural economic stimulus authority for a municipality, created pursuant to section 99.1006; (2) “Baseline year”, the calendar year prior to the adoption of an ordinance by […]
Section 99.1006 – Rural economic stimulus authority authorized, limitations.
Effective – 28 Aug 2003 99.1006. Rural economic stimulus authority authorized, limitations. — Each municipality may create an authority to be known as a “Rural Economic Stimulus Authority”; provided, however: (1) No such authority shall transact any business or exercise its powers pursuant to sections 99.1000 to 99.1060 until and unless the governing body of […]
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 […]