(a) General. — A county commission desiring to create an economic opportunity development district shall conduct a public hearing. (b) Notice of hearing. — Notice of the public hearing shall be published as a Class I-0 legal advertisement in compliance with article three, chapter fifty-nine of this code at least twenty days prior to the […]
(a) General. — The Development Office shall receive and act on applications filed with it by county commissions pursuant to section six of this article. Each application must include: (1) A true copy of the notice described in section six of this article;
(a) Recalculation of base tax revenue amount. — (1) If the base tax revenue amount determined under section seven of this article is greater than $1 million for a given district, then, upon written request of the county commission that has established the economic opportunity development district pursuant to this article, filed with the Executive […]
(a) General. — There is hereby created a special revenue account in the State Treasury designated the "Economic Opportunity Development District Fund" which is an interest-bearing account and shall be invested in the manner described in section nine-c, article six, chapter twelve of this code with the interest income a proper credit to the Fund. […]
(a) General. -– County commissions have no inherent authority to levy taxes and have only that authority expressly granted to them by the Legislature. The Legislature is specifically extended, and intends by this article, to exercise certain relevant powers expressed in section six-a, article X of the Constitution of this state as follows: (1) The […]
