Section 15-9-133 – Exercise of Powers; Delegation and Scope Thereof; Exceptions.
15-9-133. Exercise of powers; delegation and scope thereof; exceptions. (a) A municipality may itself exercise its urban renewal powers as specified in this chapter. (b) As used in this section, “urban renewal powers,” when applied to their exercise by the urban renewal agency, include the rights, powers, functions and duties of a municipality set forth […]
Section 15-9-134 – Agency; Creation; Board of Commissioners; Appointment; Compensation; Actions and Procedure; Removal.
15-9-134. Agency; creation; board of commissioners; appointment; compensation; actions and procedure; removal. (a) There is created in each municipality a public body corporate and politic to be known as the “urban renewal agency” of the municipality. The urban renewal agency shall not exercise its powers under this chapter until or unless the local governing body […]
Section 15-9-135 – Agency; Staff.
15-9-135. Agency; staff. An agency may employ an executive director, technical experts and any other agents and employees it requires and determine their qualifications, duties and compensation. An agency may also employ or retain its own counsel and legal staff.
Section 15-9-136 – Agency; Annual Reports.
15-9-136. Agency; annual reports. An agency authorized to transact business and exercise powers under this chapter shall file with the local governing body on or before May 31 of each year a report of its activities for the preceding calendar year. The report shall include a complete financial statement setting forth its assets, liabilities, income […]
Section 15-9-137 – Voluntary Conflicts of Interest Prohibited; Disclosure of Involuntary Conflicts; Violation.
15-9-137. Voluntary conflicts of interest prohibited; disclosure of involuntary conflicts; violation. No public official or employee of a municipality, or board or commission thereof, and no commissioner or employee of an urban renewal agency vested by a municipality with urban renewal project powers under W.S. 15-9-133 shall voluntarily acquire any personal interest, direct or indirect, […]
Section 15-9-123 – Bonds; Resolution or Ordinance; Characteristics.
15-9-123. Bonds; resolution or ordinance; characteristics. Bonds issued under this chapter shall be authorized by resolution or ordinance of the local governing body. The bonds may be issued in one (1) or more series and shall bear the date or dates, be payable upon demand or mature at the time or times, bear interest at […]
Section 15-9-124 – Bonds; Sale or Exchange.
15-9-124. Bonds; sale or exchange. Bonds may be sold at not less than par at public sales held after notice published prior to the sale in a newspaper having a general circulation in the area of operation and in any other medium of publication as the municipality determines or may be exchanged for other bonds […]
Section 15-9-125 – Bonds; Signatures and Negotiability.
15-9-125. Bonds; signatures and negotiability. If any of the public officials of the municipality whose signatures appear on any bonds or coupons issued under this chapter cease to be officials before the delivery of the bonds, the signatures are valid and sufficient for all purposes, the same as if the officials had remained in office […]
Section 15-9-126 – Bonds; Recitation Thereon.
15-9-126. Bonds; recitation thereon. In any suit, action or proceeding involving the validity or enforceability of any bond issued under this chapter or the security therefor, the bond reciting in substance that it has been issued by the municipality in connection with an urban renewal project, as defined in W.S. 15-9-103 is conclusively deemed to […]
Section 15-9-127 – General Obligation Bonds; Purposes; Authorization; Approval; Characteristics; Other Provisions Unaffected.
15-9-127. General obligation bonds; purposes; authorization; approval; characteristics; other provisions unaffected. (a) In addition to the authority to issue bonds pursuant to W.S. 15-9-119, any municipality may issue general obligation bonds for the urban renewal purposes specified in subsection (b) of this section and subject to the requirements thereof and the requirements of the constitution […]