57-2018-3 Part 3 Tax Increment Finance Authorities (125.4301...125.4329)

57-2018-3 Part 3 Tax Increment Finance Authorities (125.4301...125.4329)

Section 125.4301 Definitions.
Section 125.4301a Short Title of Part.
Section 125.4302 Authority; Establishment; Public Body Corporate; Powers Generally.
Section 125.4303 Resolution of Intent to Create and Provide Operation of Authority; Determinations; Notice of Public Hearing; Adoption, Filing, and Publication of Resolution Establishing Authority and Designating Boundaries of Authority District; Alteration or Amendment of Boundaries; Validity of Proceedings Establishing Authority; Action by Library Board or Commission.
Section 125.4304 Board; Composition; Chairperson; Oath of Member; Rules Governing Procedure and Meetings; Meetings Open to Public; Removal of Member; Publicizing Expense Items; Financial Records Open to Public.
Section 125.4305 Board; Employment, Compensation, Term, Oath, and Bond of Director; Chief Executive Office; Duties of Director; Absence or Disability of Director; Reports; Employment, Compensation, and Duties of Treasurer and Secretary; Retention and Duties of Legal Counsel; Employment of Other Personnel; Participation in Municipal Retirement and Insurance Programs.
Section 125.4307 Board; Powers Generally.
Section 125.4308 Board Serving as Planning Commission; Agenda.
Section 125.4309 Authority as Instrumentality of Political Subdivision.
Section 125.4310 Taking, Transfer, and Use of Private Property by Municipality.
Section 125.4311 Financing Activities of Authority; Sources.
Section 125.4312 Borrowing Money; Issuing Negotiable Revenue Bonds; Full Faith and Credit.
Section 125.4312a Insufficient Tax Increment Revenues for Repayment of Advance or Payment of Obligation; Appropriation and Distribution to Authority; Filing, Time, and Contents of Claim; Distribution of Amounts in 2 Equal Payments; Appropriation and Distribution of Aggregate Amount; Limitations; Distribution Subject to Lien; Obligation as Debt or Liability; Certification of Distribution Amount; Basis for Calculations of Distributions and Claims Reports; Debt Payment Period.
Section 125.4312b Retention and Payment of Taxes Levied Under State Education Tax Act; Conditions; Application by Authority for Approval; Information to Be Included; Approval, Modification, or Denial of Application by Department of Treasury; Appropriation and Distribution of Amount; Calculation of Aggregate Amount; Lien; Reimbursement Calculations; Legislative Intent.
Section 125.4313 Preparation and Submission of Tax Increment Financing Plan; Contents and Approval of Plan; Public Hearing; Taxing Jurisdictions.
Section 125.4314 Transmitting and Expending Tax Increment Revenues; Disposition of Surplus Funds; Abolition of Tax Increment Financing Plan.
Section 125.4315 Tax Increment Bonds; Qualified Refunding Obligation.
Section 125.4316 Development Plan; Preparation; Contents.
Section 125.4317 Public Hearing on Development Plan; Publication, Mailing, and Contents of Notice; Presentation of Data; Record.
Section 125.4318 Development Plan or Tax Increment Plan as Public Purpose; Determination; Approval or Rejection of Plan; Notice and Hearing; Conclusiveness of Procedure, Adequacy of Notice, and Certain Findings; Validation and Conclusiveness of Plan; Contesting Plan.
Section 125.4319 Notice to Vacate.
Section 125.4320 Development Area Citizens Council; Establishment; Advisory Body; Appointment and Qualifications of Members.
Section 125.4321 Consultation Representative of Authority and Council.
Section 125.4322 Meetings of Council; Open to Public; Notice; Hearing Persons Present at Meeting; Record; Information and Technical Assistance; Failures Not Precluding Adoption of Development Plan.
Section 125.4323 Development or Tax Increment Financing Plan; Notice of Findings and Recommendations.
Section 125.4324 Development Area Citizens Council; Dissolution.
Section 125.4325 Budget; Cost of Handling and Auditing Funds.
Section 125.4326 Preservation of Public Facility, Building, or Structure Having Significant Historical Interest; Review of Proposed Changes to Exterior of Historic Site.
Section 125.4327 Dissolution of Authority; Resolution; Disposition of Property and Assets.
Section 125.4328 Authority District Part of Area Annexed to or Consolidated With Another Municipality; Authority of Annexing or Consolidated Municipality; Effect of Obligations, Agreements, and Bonds.
Section 125.4329 New Authority or Authority District and Boundaries of Authority District; Prohibitions; Validity of Tax Increment Finance Authority, Authority District, Development Area, Development Plan, or Tax Increment Financing Plan Established Before December 30, 1986; Development Area Created or Expanded After December 29, 1986.

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