Current through the 2024 Fourth Special Session
Section 17C-1-102.5 - Project area created on or after May 10, 2016Beginning on May 10, 2016, an agency:
(1) may create a community reinvestment project area under Chapter 5, Community Reinvestment;(2) except as provided in Subsection (3), may not create:(a) an urban renewal project area under Chapter 2, Urban Renewal;(b) an economic development project area under Chapter 3, Economic Development; or(c) a community development project area under Chapter 4, Community Development; and(3) may create an urban renewal project area, an economic development project area, or a community development project area if:(a) before April 1, 2016, the agency adopts a resolution in accordance with:(i) Section 17C-2-101.5 for an urban renewal project area;(ii) Section 17C-3-101.5 for an economic development project area; or(iii) Section 17C-4-101.5 for a community development project area; and(b) the urban renewal project area, economic development project area, or community development project area is effective before September 1, 2016.Added by Chapter 350, 2016 General Session ,§ 17, eff. 5/10/2016.