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 99.965 – 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 […]
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 […]