Section 15-9-121 – Taxes Upon Property; When Pledging Allowed.
15-9-121. Taxes upon property; when pledging allowed. In any urban renewal plan or in proceedings for the advance of monies or making of loans or the incurring of any indebtedness by the municipality or agency to finance or refinance in whole or in part the urban renewal project, the portion of the taxes specified in […]
Section 15-9-122 – Bonds; Provisions Inapplicable; Tax Exemption.
15-9-122. Bonds; provisions inapplicable; tax exemption. (a) Revenue bonds issued under this chapter: (i) Do not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction; (ii) Are not subject to the provisions of any other law or charter relating to the authorization, issuance or sale of bonds. (b) Bonds […]
Section 15-9-118 – Property Acquired in Project; Disposition When Area Designated Under Federal Provisions.
15-9-118. Property acquired in project; disposition when area designated under federal provisions. Notwithstanding any other provisions of this chapter, if the municipality is situated in an area designated as a redevelopment area under the Federal Area Redevelopment Act 42 U.S.C. 3161 et seq., land in an urban renewal project area designated under the urban renewal […]
Section 15-9-108 – Preliminary Requirements for Projects; Preparation of Plan; Review by Commission.
15-9-108. Preliminary requirements for projects; preparation of plan; review by commission. A municipality may prepare an urban renewal plan or have one prepared by the urban renewal agency established in W.S. 15-9-134. Any person or agency may also submit an urban renewal plan to a municipality. Prior to approving an urban renewal project, the local […]
Section 15-9-109 – Preliminary Requirements for Projects; Hearing; Publication and Contents of Notice.
15-9-109. Preliminary requirements for projects; hearing; publication and contents of notice. (a) The local governing body, under rules or procedures it determines, shall hold a public hearing on any urban renewal project. (b) A notice of the hearing shall be published in a newspaper having a general circulation in the area of operation of the […]
Section 15-9-110 – Preliminary Requirements for Projects; Approval by and Findings of Governing Body.
15-9-110. Preliminary requirements for projects; approval by and findings of governing body. (a) Following the hearing specified in W.S. 15-9-109, the local governing body may approve an urban renewal project and the plan therefor if it finds that: (i) A feasible method exists for the relocation of families who will be displaced from the urban […]
Section 15-9-111 – When Plan Modifiable and Effective.
15-9-111. When plan modifiable and effective. (a) An urban renewal plan may be modified at any time. If a plan is modified after the lease or sale by the municipality of real property in the urban renewal project area, the modification may be conditioned upon the approval of the owner, lessee or successor in interest […]
Section 15-9-112 – Provisions Not Applicable for Disaster Area.
15-9-112. Provisions not applicable for disaster area. Notwithstanding any other provisions of this chapter, if a local governing body certifies that an area is in need of redevelopment or rehabilitation as a result of a flood, fire, tornado, earthquake, storm or other catastrophe for which the governor of the state has certified the need for […]
Section 15-9-113 – General Powers of Municipality.
15-9-113. General powers of municipality. (a) In addition to any other powers specified by law, every municipality has all the powers necessary to carry out the purposes and provisions of this chapter, including the following powers: (i) To undertake and carry out urban renewal projects and related activities within its area of operation; and to: […]
Section 15-9-114 – Condemnation.
15-9-114. Condemnation. (a) A municipality has the right to acquire by condemnation any interest in real property, including a fee simple title thereto, which it deems necessary for or in connection with an urban renewal project under this chapter. A municipality may exercise the power of eminent domain in the manner now provided or which […]