Part 2 - DOWNTOWN DEVELOPMENT AUTHORITIES
- Section 125.4201 - Definitions
- Section 125.4201a - Legislative findings
- Section 125.4202 - Authority; establishment; restriction; public body corporate; powers generally
- Section 125.4203 - Resolution of intent to create and provide for operation of authority; public hearing on proposed ordinance creating authority and designating boundaries of downtown district; notice; exemption of taxes from capture; action by library board or commission; adoption, filing, and publication of ordinance; altering or amending boundaries; agreement with adjoining municipality; agreement with qualified township
- Section 125.4203a - Authority of annexing or consolidated municipality; obligations, agreements, and bonds
- Section 125.4203b - Ratification and validation of ordinance and actions; compliance
- Section 125.4203c - Proceedings or findings; validity
- Section 125.4203d - Establishment or amendment of authority, district, or plan; notice; publication or posting
- Section 125.4204 - Board; appointment, terms, and qualifications of members; vacancy; compensation and expenses; election of chairperson; appointment as public official; oath; conducting business at public meeting; public notice; special meetings; removal of member; review; expense items and financial records; availability of writings to public; single board governing all authorities; member as resident or having interest in property; planning commission serving as board in certain municipalities; modification by interlocal agreement
- Section 125.4205 - Director; acting director; treasurer; secretary; legal counsel; other personnel
- Section 125.4206 - Participation of employees in municipal retirement and insurance programs
- Section 125.4207 - Powers of board; creation, operation, or funding of retail business incubator
- Section 125.4208 - Board serving as planning commission; agenda
- Section 125.4209 - Authority as instrumentality of political subdivision
- Section 125.4210 - Taking, transfer, and use of private property
- Section 125.4211 - Financing activities of authority; disposition of money received by authority; municipal obligations
- Section 125.4212 - Ad valorem tax; borrowing in anticipation of collection
- Section 125.4213 - Revenue bonds
- Section 125.4213a - Borrowing money; issuing revenue bonds or notes; purpose; costs; security; pledge and lien of pledge valid and binding; filing or recordation not required; tax exemption; bonds or notes neither liability nor debt of municipality; statement; investment and deposit of bonds and notes
- Section 125.4213b - Insufficient tax increment revenues to repay advance or pay obligation; contents, time, and payment of claim; appropriation and distribution of aggregate amount; limitations; distribution subject to lien; obligation as debt or liability; certification of distribution amount; basis for calculation of distributions and claim reports
- Section 125.4213c - 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 125.4214 - Tax increment financing plan; preparation and contents; limitation; public hearing; fiscal and economic implications; recommendations; agreements; modification of plan; catalyst development project
- Section 125.4215 - Transmitting and expending tax increments revenues; reversion of surplus funds; abolishment of tax increment financing plan; conditions
- Section 125.4216 - General obligation bonds and tax increment bonds; qualified refunding obligation
- Section 125.4217 - Development plan; preparation; contents
- Section 125.4218 - Ordinance approving or amending development plan or tax increment financing plan; public hearing; notice; record
- Section 125.4219 - Development plan or tax increment financing plan as constituting public purpose; determination; ordinance; considerations; amendments; incorporation of catalyst development project plan
- Section 125.4220 - Notice to vacate
- Section 125.4221 - Development area citizens council; establishment; appointment and qualifications of members; representative of development area
- Section 125.4222 - Development area citizens council; advisory body
- Section 125.4223 - Consultation
- Section 125.4224 - Development area citizens council; meetings; notice; record; information and technical assistance; failure to organize, consult, or advise
- Section 125.4225 - Citizens district council as development area citizens council
- Section 125.4226 - Notice of findings and recommendations
- Section 125.4227 - Development area citizens council; dissolution
- Section 125.4228 - Budget; cost of handling and auditing funds
- Section 125.4228a - Exemption
- Section 125.4229 - Historic sites
- Section 125.4230 - Dissolution of authority; disposition of property and assets; reinstatement of authority; contesting validity of proceedings, findings, and determinations