Effective 3/27/2019 11-58-501. Preparation of project area plan — Required contents of project area plan. (1) (a) The authority jurisdictional land constitutes a single project area. (b) The authority is not required to adopt a project area plan for a project area consisting of the authority jurisdictional land. (2) (a) The board may adopt a […]
Effective 7/1/2021 11-58-502. Public meeting to consider and discuss draft project area plan — Notice — Adoption of plan. (1) The board shall hold at least one public meeting to consider and discuss a draft project area plan. (2) At least 10 days before holding a public meeting under Subsection (1), the board shall give […]
Effective 7/1/2021 11-58-503. Notice of project area plan adoption — Effective date of plan — Time for challenging a project area plan or project area. (1) Upon the board’s adoption of a project area plan, the board shall provide notice as provided in Subsection (2) by publishing or causing to be published legal notice: (a) […]
Effective 3/16/2018 11-58-504. Amendment to a project area plan. (1) The authority may amend a project area plan by following the same procedure under this part as applies to the adoption of a project area plan. (2) The provisions of this part apply to the authority’s adoption of an amendment to a project area plan […]
Effective 3/24/2020 11-58-505. Project area budget. (1) Before the authority may use the property tax differential from a project area, the board shall prepare and adopt a project area budget. (2) A project area budget shall include: (a) the base taxable value of property in the project area; (b) the projected property tax differential expected […]
