Section 15-9-120 – Taxes Upon Property; Authorized Division Thereof.
15-9-120. Taxes upon property; authorized division thereof. (a) Any urban renewal plan may contain a provision that taxes, if any, levied upon taxable property in an urban renewal project each year by or for the benefit of a municipality in the state shall be divided as follows: (i) That portion of the taxes which would […]
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 15-9-114 – 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 […]
Section 15-9-115 – Property Acquired in Project; Disposition and Use Generally.
15-9-115. Property acquired in project; disposition and use generally. (a) A municipality may: (i) Sell, lease or otherwise transfer real property or any interest therein acquired by it in an urban renewal project; (ii) Enter into contracts with respect to such property for residential, recreational, commercial, industrial, educational or other uses or for public use; […]
Section 15-9-116 – Property Acquired in Project; Disposition to Private Persons; Procedure; Notice; Proposals; Contracts.
15-9-116. Property acquired in project; disposition to private persons; procedure; notice; proposals; contracts. (a) A municipality may: (i) Dispose of real property in an urban renewal area to private persons only under reasonable procedures it prescribes or as are provided in this section; (ii) By notice published once each week for four (4) consecutive weeks […]
Section 15-9-117 – Property Acquired in Project; Temporary Operation and Maintenance.
15-9-117. Property acquired in project; temporary operation and maintenance. A municipality may temporarily operate and maintain real property acquired by it in an urban renewal area for or in connection with an urban renewal project pending the disposition of the property as authorized in this chapter, without regard to the provisions of W.S. 15-9-115, for […]
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 […]