§ 21-33-551. Definitions

For the purposes of Sections 21-33-551 through 21-33-561, the following words and phrases shall have the meanings ascribed herein unless the context clearly indicates otherwise: “Homeowners’ Association” means a homeowners’ association duly organized as a nonprofit organization with tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. “Local improvements” means (i) any improvements constructed […]

§ 21-33-553. Creation of special local improvement assessment districts under certain circumstances; procedure for establishment of districts

A special local improvement assessment district may be created under this section if the boundaries of the proposed special local improvement assessment district are within the boundaries of the homeowners’ association representing that area. Upon delivery of a petition to the clerk of the municipality in which the proposed district is located, signed by the […]

§ 21-33-555. Powers of homeowners’ associations representing property in special local improvement assessment districts; dissolution of districts

Upon the adoption of a resolution establishing a special local improvement assessment district as set forth under Section 21-33-553, the homeowners’ association representing the property area in the district shall be authorized to exercise the following powers within the special local improvement assessment district: To provide for the planning and design of local improvements and […]

§ 21-33-557. Use of proceeds of special assessments levied on real property located in districts

The proceeds of any special assessment levied on real property located within a special local improvement assessment district under Section 21-33-553 may be used to pay costs including administrative costs of and relating to exercising the powers set forth in Section 21-33-555. The municipality shall hold the proceeds of the special assessment until disbursing the […]

§ 21-33-559. Acceptance and expenditure of contributions from other sources

Any homeowners’ association representing the area in a district established under Section 21-33-553 may accept and expend contributions from any other sources and apply such contributions to any of the purposes set forth in Sections 21-33-551 through 21-33-561.

§ 21-33-561. Assessment of taxable property falling under more than one homeowners’ association

In the event any parcel of taxable property falls under the purview of more than one homeowners’ association, each of whose property owners petition to create a special local improvement assessment district under Section 21-33-553, such parcel may not be assessed pursuant to Sections 21-33-551 through 21-33-561 more than once at any given time. The […]