Second Regular Session Seventy-fourth General Assembly STATE OF COLORADO REENGROSSED This Version Includes All Amendments Adopted in the House of Introduction LLS NO. 24-0252.01 Pierce Lively x2059 HOUSE BILL 24-1172 House Committees Senate Committees Transportation, Housing & Local Government A BILL FOR AN ACT C ONCERNING COUNTY REVITA LIZATION AUTHORITIES .101 Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov .) The bill creates a process for the establishment of a county revitalization authority (authority). An authority is a corporate body that uses tax increment and private financing to conduct a county revitalization project (project) in a revitalization area in accordance with a county revitalization plan. A county revitalization plan (plan) is a plan for the project. A plan must be: Reviewed by the county planning commission, the subject of a public hearing, and approved by the board of county commissioners (the HOUSE 3rd Reading Unamended March 11, 2024 HOUSE Amended 2nd Reading March 8, 2024 HOUSE SPONSORSHIP Taggart and Bird, Amabile, Froelich, Lindsay, Snyder SENATE SPONSORSHIP Kirkmeyer and Mullica, Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. Capital letters or bold & italic numbers indicate new material to be added to existing law. Dashes through the words or numbers indicate deletions from existing law. governing body). Any modifications to the plan must also be approved by the governing body. A plan may provide for tax increment financing. An authority may not undertake a project unless, based on evidence presented at a public hearing, the governing body by resolution has both determined that the area where the authority will undertake the project is a revitalization area and designated the area as appropriate for the project. A revitalization area is an area that, upon the implementation of a plan, could substantially promote the sound growth of the county, improve economic and social conditions, and further the health, safety, and well-being of the public. The creation of an authority may be initiated by the registered electors of a county filing a petition with the governing body or by the governing body adopting a resolution. In either case, there is a public hearing and, after that hearing, the governing body determines whether to create the authority. If a governing body decides to create an authority, the governing body appoints the authority commissioners, except for commissioners who are appointed by and as representatives of special districts and school districts that have joined the authority. Any taxing entity, other than the county itself, that levies taxes in an area that would fall under the plan proposed by an authority may file a petition with the authority requesting to join the authority. The authority shall hold a hearing to determine whether to allow the taxing entity to join the authority. An authority may: ! Undertake projects; ! Agree with the county or other relevant public body to plan, replan, zone, or rezone any part of the county or other public body in connection with a project; ! Make bylaws, orders, rules, and regulations; ! Make and execute contracts; ! Acquire property by purchase, lease, option, gift, grant, devise, condemnation, or eminent domain; ! Dedicate property acquired by the authority for public works, improvements, facilities, utilities, and other purposes; ! Mortgage, pledge, hypothecate, or otherwise encumber or dispose of its property; ! Set aside, dedicate, and devote project real property to public uses in accordance with the plan or set aside, dedicate, and transfer real property to an appropriate public body for public uses in accordance with the plan; ! Sell, lease, or otherwise transfer real property or any interest therein acquired by the authority as part of a project; ! Insure any of its properties or operations; 1172 -2- ! Invest any of its money in the same manner as a public body; ! Issue bonds; ! Borrow money and apply for and accept loans, grants, and contributions; ! Make appropriations and expenditures of its funds; ! Establish and maintain general, separate, or special funds and bank accounts; and ! Make reasonable relocation payments to individuals, families, and business concerns situated in the county revitalization area that will be displaced by the authority. An authority does not have any power to levy or assess ad valorem taxes, personal property taxes, or any other forms of taxes, including special assessments against any property. The bill also makes conforming amendments. Be it enacted by the General Assembly of the State of Colorado:1 SECTION 1. In Colorado Revised Statutes, add article 31 to title2 30 as follows:3 ARTICLE 314 County Revitalization5 30-31-101. Short title. T HE SHORT TITLE OF THIS ARTICLE 31 IS6 THE "COUNTY REVITALIZATION LAW".7 30-31-102. Legislative declaration. (1) T HE GENERAL ASSEMBLY8 FINDS AND DECLARES THAT:9 (a) T HERE EXIST IN COUNTIES OF THE STATE UNINCORPORATED10 AREAS THAT WOULD BENEFIT FROM REVITALIZATION AND ECONOMIC11 INVESTMENT THAT WILL NOT OCCUR WITHOUT ADDITIONAL FUNDING ;12 (b) T HE EXISTENCE OF THESE AREAS IMPAIR SUCCESSFUL13 DEVELOPMENT AND REDEVELOPMENT WITHIN COUNTIES AND HARMS THE14 WELFARE OF COUNTY RESIDENTS IN WAYS THAT HARM THE SURROUNDING15 COMMUNITIES, AND THE REVITALIZATION OF THESE AREAS IS A MATTER OF16 PUBLIC POLICY AND STATEWIDE CONCERN IN ORDER THAT THE STATE AND17 1172-3- ITS COUNTIES NOT CONTINUE TO BE UNDERUTILIZED AND PLACED IN A1 CONDITION THAT HARMS THE WELFARE OF THESE AREAS ;2 (c) C ERTAIN REVITALIZATION AREAS, OR PORTIONS THEREOF, MAY3 REQUIRE ACQUISITION, CLEARANCE, AND DISPOSITION SUBJECT TO USE4 RESTRICTIONS, AS PROVIDED IN THIS ARTICLE 31, SINCE THE PREVAILING5 CONDITIONS IN COUNTY REVITALIZATION AREAS MAY MAKE THE6 RECLAMATION OF THE AREA BY CONSERVATION OR REHABILITATION7 IMPRACTICABLE;8 (d) P OTENTIAL REVITALIZATION AREAS , OR PORTIONS THEREOF,9 THROUGH THE MEANS PROVIDED IN THIS ARTICLE 31, MAY BE SUSCEPTIBLE10 OF CONSERVATION OR REHABILITATION IN SUCH A MANNER THAT THE11 CONDITIONS NUMERATED IN THIS SECTION MAY BE IMPROVED OR12 REMEDIED;13 (e) R EVITALIZATION AREAS MAY BE CONSERVED AND14 REHABILITATED THROUGH APPROPRIATE PUBLIC ACTION , AS AUTHORIZED15 OR CONTEMPLATED IN THIS ARTICLE 31, AND THE COOPERATION AND16 VOLUNTARY ACTION OF THE OWNERS AND TENANTS OF PROPERTY IN17 REVITALIZATION AREAS;18 (f) T HE POWERS CONFERRED BY THIS ARTICLE 31 ARE FOR PUBLIC19 USES AND PURPOSES FOR WHICH PUBLIC MONEY MAY BE EXPENDED AND20 THE POLICE POWER EXERCISED; AND21 (g) T HE NECESSITY IN THE PUBLIC INTEREST FOR THE PROVISIONS22 ENACTED IN THIS ARTICLE 31 IS DECLARED AS A MATTER OF LEGISLATIVE23 DETERMINATION.24 (2) T HE GENERAL ASSEMBLY FURTHER FINDS AND DECLARES THAT :25 (a) C OUNTY REVITALIZATION AREAS CREATED FOR THE PURPOSES26 DESCRIBED IN SUBSECTIONS (1)(a) AND (1)(b) OF THIS SECTION MUST NOT27 1172 -4- INCLUDE AGRICULTURAL LAND EXCEPT IN CONNECTION WITH THE LIMITED1 CIRCUMSTANCES DESCRIBED IN THIS ARTICLE 31; AND2 (b) T HE INCLUSION OF AGRICULTURAL LAND WITHIN COUNTY3 REVITALIZATION AREAS IS A MATTER OF STATEWIDE CONCERN .4 30-31-103. Definitions. A S USED IN THIS ARTICLE 31, UNLESS THE5 CONTEXT OTHERWISE REQUIRES :6 (1) "A GRICULTURAL LAND" MEANS ANY PARCEL OF LAND OR ANY7 CONTIGUOUS PARCELS OF LAND THAT , REGARDLESS OF THE USES FOR8 WHICH THE LAND HAS BEEN ZONED , THE COUNTY ASSESSOR HAS9 CLASSIFIED AS AGRICULTURAL LAND FOR PURPOSES OF THE LEVYING AND10 COLLECTION OF PROPERTY TAX PURSUANT TO SECTIONS 39-1-102 (1.6)(a)11 AND 39-1-103 (5)(a), AT ANY TIME DURING THE FIVE-YEAR PERIOD BEFORE12 EITHER THE DATE OF ADOPTION OF A C OUNTY REVITALIZATION PLAN OR13 ANY MODIFICATION OF A COUNTY REVITALIZATION A PLAN .14 (2) "B ONDS" MEANS ANY BONDS, INCLUDING REFUNDING BONDS,15 NOTES, INTERIM CERTIFICATES OR RECEIPTS , TEMPORARY BONDS ,16 CERTIFICATES OF INDEBTEDNESS, DEBENTURES, OR OTHER OBLIGATIONS17 ISSUED AS AUTHORIZED BY THIS ARTICLE 31.18 (3) "B ROWNFIELD SITE" MEANS REAL PROPERTY AND THE19 DEVELOPMENT, EXPANSION, REDEVELOPMENT , OR REUSE OF REAL20 PROPERTY THAT IS COMPLICATED BY THE PRESENCE OF A SUBSTANTIAL21 AMOUNT OF ONE OR MORE HAZARDOUS SUBSTANCES , POLLUTANTS, OR22 CONTAMINANTS , AS DESIGNATED BY THE UNITED STATES23 ENVIRONMENTAL PROTECTION AGENCY .24 (4) "B USINESS CONCERN" HAS THE SAME MEANING AS "BUSINESS",25 AS DEFINED IN SECTION 24-56-102 (1).26 (5) "C OUNTY REVITALIZATION AREA " MEANS A REVITALIZATION27 1172 -5- AREA THAT THE GOVERNING BODY DESIGNATES AS APPROPRIATE FOR THE1 COUNTY REVITALIZATION PROJECT .2 (6) "C OUNTY REVITALIZATION AUTHORITY " OR "AUTHORITY"3 MEANS A CORPORATE BODY ORGANIZED PURSUANT TO THIS ARTICLE 31.4 (7) "C OUNTY REVITALIZATION PLAN " MEANS A PLAN FOR THE5 COUNTY REVITALIZATION PROJECT THAT :6 (a) C ONFORMS TO A GENERAL OR MASTER PLAN FOR THE PHYSICAL7 DEVELOPMENT OF THE COUNTY AS A WHOLE ;8 (b) I NDICATES LAND ACQUISITION , DEVELOPMENT ,9 REDEVELOPMENT, REHABILITATION, AND ADDITIONAL LAND AND CAPITAL10 IMPROVEMENTS;11 (c) I NCLUDES ZONING AND PL ANNING CHANGES , IF ANY, LAND12 USES, MAXIMUM DENSITIES, AND BUILDING REQUIREMENTS; AND13 (d) D EFINES THE PLAN'S RELATIONSHIP TO DEFINED LOCAL14 OBJECTIVES RESPECTING APPROPRIATE LAND USES , IMPROVED TRAFFIC,15 PUBLIC TRANSPORTATION , PUBLIC UTILITIES, RECREATIONAL AND16 COMMUNITY FACILITIES, AND OTHER PUBLIC IMPROVEMENTS .17 (8) "C OUNTY REVITALIZATION PROJECT " MEANS UNDERTAKINGS18 AND ACTIVITIES THAT TAKE ADVANTAGE OF REVITALIZATION AREAS IN19 ACCORDANCE WITH THE C OUNTY REVITALIZATION PLAN . SUCH20 UNDERTAKINGS AND ACTIVITIES MAY INCLUDE :21 (a) A CQUISITION OF A REVITALIZATION AREA OR ANY PORTION22 THEREOF;23 (b) D EMOLITION AND REMOVAL OF BUILDINGS AND24 IMPROVEMENTS;25 (c) I NSTALLATION, CONSTRUCTION, OR RECONSTRUCTION OF26 STREETS, UTILITIES, PARKS, PLAYGROUNDS, AND OTHER IMPROVEMENTS ;27 1172 -6- (d) DISPOSITION OF ANY PROPERTY ACQUIRED OR HELD BY THE1 AUTHORITY AS A PART OF THE COUNTY REVITALIZATION PROJECT FOR2 COUNTY REVITALIZATION AREAS . DISPOSITION INCLUDES SALE, INITIAL3 LEASING, OR TEMPORARY RETENTION BY THE AUTHORITY AT THE FAIR4 VALUE OF THE PROPERTY FOR USE IN ACCORDANCE WITH THE COUNTY5 REVITALIZATION PLAN.6 (e) C ARRYING OUT PLANS FOR A PROGRAM THROUGH VOLUNTARY7 ACTION AND THE REGULATORY PROCESS FOR THE REPAIR , ALTERATION,8 AND REHABILITATION OF BUILDINGS OR OTHER IMPROVEMENTS IN9 ACCORDANCE WITH THE COUNTY REVITALIZATION PLAN ; AND10 (f) A CQUISITION OF ANY PROPERTY NECESSARY TO ACHIEVE THE11 OBJECTIVES OF THE COUNTY REVITALIZATION PLAN .12 (9) "D ISPLACED PERSON" HAS THE SAME MEANING AS SET FORTH13 IN SECTION 24-56-102 (2), AND ALSO INCLUDES ANY INDIVIDUAL, FAMILY,14 OR BUSINESS CONCERN DISPLACED BY AN AUTHORITY ACQUIRING REAL15 PROPERTY THROUGH THE EXERCISE OF EMINENT DOMAIN .16 (10) "G OVERNING BODY" MEANS THE BOARD OF COUNTY17 COMMISSIONERS OF THE COUNTY WITHIN WHICH AN AUTHORITY IS18 ESTABLISHED OR PROPOSED TO BE ESTABLISHED .19 (11) "O BLIGEE" MEANS ANY BONDHOLDER , AGENT, TRUSTEE FOR20 ANY BONDHOLDER, LESSOR DEMISING TO AN AUTHORITY PROPERTY USED21 IN CONNECTION WITH THE COUNTY REVITALIZATION PROJECT OF THE22 AUTHORITY, ASSIGNEE OF SUCH LESSOR 'S INTEREST OR ANY PART23 THEREOF, OR THE FEDERAL GOVERNMENT WHEN IT IS A PARTY TO ANY24 CONTRACT OR AGREEMENT WITH AN AUTHORITY .25 (12) "P UBLIC BODY" MEANS THE STATE OF COLORADO AND ANY26 COUNTY, QUASI-MUNICIPAL CORPORATION , BOARD, COMMISSION,27 1172 -7- AUTHORITY, POLITICAL SUBDIVISION, OR PUBLIC CORPORATE BODY OF THE1 STATE.2 (13) "R EAL PROPERTY" MEANS LANDS, LANDS UNDER WATER ,3 STRUCTURES, EASEMENTS , FRANCHISES, AND INCORPOREAL4 HEREDITAMENTS AND EVERY ESTATE AND RIGHT THEREIN , LEGAL AND5 EQUITABLE, INCLUDING TERMS FOR YEARS AND LIENS BY WAY OF6 JUDGMENT, MORTGAGE, OR OTHERWISE.7 (14) "R EVITALIZATION AREA" MEANS AN AREA THAT, UPON THE8 IMPLEMENTATION OF THE COUNTY REVITALIZATION PLAN , SUBSTANTIALLY9 PROMOTES THE SOUND GROWTH OF THE COUNTY , IMPROVES ECONOMIC10 AND SOCIAL CONDITIONS, AND FURTHERS THE HEALTH , SAFETY, AND11 WELL-BEING OF THE PUBLIC BY THE ACTUALIZATION OF ONE OF THE12 FOLLOWING OPPORTUNITY FACTORS :13 (a) I NVESTMENT IN CRITICAL INFRASTRUCTURE , INCLUDING14 WATER, SANITARY SEWER AND STORM WATER SYSTEMS AND15 MANAGEMENT, ELECTRICITY, AND OTHER PUBLIC UTILITIES TO ACHIEVE16 DESIRED LEVELS OF RESIDENTIAL DENSITY AND EMPLOYMENT GROWTH ;17 (b) I MPROVEMENT OF MOBILITY AND INCREASED ACCESS TO18 TRANSPORTATION CORRIDORS AND MULTIMODAL TRANSPORTATION19 OPTIONS;20 (c) D EVELOPMENT OF AFFORDABLE HOUSING PROXIMATE TO21 ENHANCED TRANSPORTATION HUBS AND CORRIDORS ;22 (d) D EVELOPMENT OF ECONOMIC OPPORTUNITIES FOR JOB23 CREATION AND GROWTH IN ENTREPRENEURSHIP AND SUCCESSFUL24 LOCATION OF EXISTING BUSINESSES;25 (e) E XPANSION OF ACCESS TO HEALTHY FOOD SYSTEMS ,26 COMMUNITY MEDICAL SERVICES , PUBLIC PARKS, OR PUBLIC EDUCATION27 1172 -8- OPPORTUNITIES;1 (f) I MPROVEMENT OF CIRCULATION PATTERNS AND ENHANCEMENT2 OF SAFE AND RELIABLE PUBLIC TRANSPORTATION SYSTEMS ;3 (g) R EMEDIATION OF CONTAMINATED SOILS OR WATER ;4 (h) C LEARANCE, ABATEMENT, OR REHABILITATION OF5 STRUCTURALLY UNSOUND , DETERIORATING, OR OTHERWISE UNSAFE6 STRUCTURES; OR7 (i) R EDEVELOPMENT OF FORMER LANDFILLS , FLOODPLAINS, OR8 OTHER AREAS CHALLENGED BY TOPOGRAPHY THAT , IN THEIR PRESENT9 CONDITION, POSE A THREAT TO PUBLIC HEALTH AND SAFETY .10 (15) "U RBAN-LEVEL DEVELOPMENT" MEANS AN AREA IN WHICH11 THERE IS A PREDOMINANCE OF EITHER PERMANENT STRUCTURES OR12 ABOVE-GROUND OR AT-GRADE INFRASTRUCTURE.13 30-31-104. County revitalization authority. (1) (a) A NY14 TWENTY-FIVE REGISTERED ELECTORS OF A COUNTY MAY FILE A PETITION15 WITH THE GOVERNING BODY OR ITS DESIGNEE , OR THE GOVERNING BODY16 MAY ADOPT A RESOLUTION, SETTING FORTH THAT THERE IS A NEED FOR A17 COUNTY REVITALIZATION AUTHORITY IN THE COUNTY .18 (b) (I) U PON THE FILING OF A PETITION OR THE ADOPTION OF A19 RESOLUTION DESCRIBED IN SUBSECTION (1)(a) OF THIS SECTION, A COUNTY20 SHALL GIVE NOTICE OF THE TIME , PLACE, AND PURPOSE OF A PUBLIC21 HEARING WHERE THE GOVERNING BODY WILL DETERMINE THE NEED FOR22 THE COUNTY REVITALIZATION AUTHORITY IN THE COUNTY . THIS NOTICE23 MUST ALSO INCLUDE A GENERAL DESCRIPTION OF THE LAND THAT WOULD24 BE PART OF THE COUNTY REVITALIZATION AREA . THE COUNTY MUST GIVE25 THIS NOTICE TO EVERY MUNICIPALITY WITHIN THREE MILES OF THE26 PROPOSED AUTHORITY AT LEAST THIRTY DAYS BEFORE THE HEARING .27 1172 -9- (II) A COUNTY SHALL PROVIDE THE NOTICE DESCRIBED IN THIS1 SUBSECTION (1)(b) AT ITS OWN EXPENSE BY PUBLISHING THE NOTICE AT2 LEAST THIRTY DAYS PRECEDING THE DAY ON WHICH THE HEARING IS TO BE3 HELD IN A NEWSPAPER HAVING A GENERAL CIRCULATION IN THE COUNTY4 OR, IF THERE IS NO SUCH NEWSPAPER, BY POSTING THE NOTICE IN AT LEAST5 THREE PUBLIC PLACES WITHIN THE COUNTY AT LEAST THIRTY DAYS6 PRECEDING THE DAY ON WHICH THE HEARING IS TO BE HELD .7 (III) A T THE HEARING HELD PURSUANT TO THE NOTICE DESCRIBED8 IN THIS SUBSECTION (1)(b), THE GOVERNING BODY SHALL GRANT A FULL9 OPPORTUNITY TO BE HEARD TO ALL COUNTY RESIDENTS , TAXPAYERS,10 MUNICIPALITIES WITHIN THREE MILES OF THE PROPOSED AUTHORITY , AND11 OTHER INTERESTED PERSONS.12 (c) A FTER THE HEARING HELD PURSUANT TO THE NOTICE13 DESCRIBED IN SUBSECTION (1)(b) OF THIS SECTION, THE GOVERNING BODY14 SHALL ADOPT A RESOLUTION FINDING A NEED FOR AND CREATING THE15 COUNTY REVITALIZATION AUTHORITY IF THE GOVERNING BODY :16 (I) D ETERMINES THAT THERE ARE ONE OR MORE REVITALIZATION17 AREAS IN THE COUNTY OUTSIDE OF EXISTING URBAN RENEWAL18 AUTHORITIES;19 (II) D ETERMINES THAT THE ACQUISITION , CLEARANCE,20 REHABILITATION, CONSERVATION, DEVELOPMENT, REDEVELOPMENT, OR21 ANY COMBINATION THEREOF OF SUCH REVITALIZATION AREAS IS22 NECESSARY AND IN THE INTEREST OF THE PUBLIC HEALTH , SAFETY, OR23 WELFARE OF THE COUNTY RESIDENTS ; AND24 (III) D ECLARES IT TO BE IN THE PUBLIC INTEREST THAT THE25 COUNTY REVITALIZATION AUTHORITY BE CREATED AND EXERCISES THE26 POWERS PROVIDED IN THIS ARTICLE 31.27 1172 -10- (d) (I) IF THE GOVERNING BODY ADOPTS A RESOLUTION IN1 ACCORDANCE WITH SUBSECTION (1)(c) OF THIS SECTION, THE GOVERNING2 BODY SHALL APPOINT AUTHORITY COMMISSIONERS AS PROVIDED IN3 SUBSECTION (2) OF THIS SECTION.4 (II) I F THE GOVERNING BODY, AFTER A HEARING HELD PURSUANT5 TO SUBSECTION (1)(b) OF THIS SECTION, DETERMINES THAT IT CANNOT6 MAKE THE DETERMINATIONS AND DECLARATION ENUMERATED IN7 SUBSECTION (1)(c) OF THIS SECTION, IT SHALL ADOPT A RESOLUTION8 DENYING THE PETITION FILED PURSUANT TO SUBSECTION (1)(a) OF THIS9 SECTION. ONLY BEGINNING SIX MONTHS AFTER THE DENIAL OF SUCH A10 PETITION MAY REGISTERED ELECTORS FILE SUBSEQUENT PETITIONS WITH11 THE GOVERNING BODY OR ITS DESIGNEE, SETTING FORTH THAT THERE IS A12 NEED FOR THE COUNTY REVITALIZATION AUTHORITY IN THE COUNTY .13 (2) (a) (I) A N AUTHORITY CONSISTS OF NO FEWER THAN THREE14 AND NO MORE THAN EIGHT AUTHORITY COMMISSIONERS .15 (II) (A) I F AT LEAST ONE TAXING ENTITY HAS JOINED THE16 AUTHORITY PURSUANT TO SUBSECTION (6) OF THIS SECTION, ONE17 AUTHORITY COMMISSIONER MUST BE A BOARD MEMBER OF A SPECIAL18 DISTRICT SELECTED BY AGREEMENT OF THE SPECIAL DISTRICTS LEVYING19 A MILL LEVY WITHIN THE BOUNDARIES OF THE COUNTY REVITALIZATION20 AUTHORITY AREA THAT HAVE JOINED THE COUNTY REVITALIZATION 21 AUTHORITY.22 (B) I F NO SPECIAL DISTRICT APPOINTS AN AUTHORITY23 COMMISSIONER, THEN THE SPECIAL DISTRICT APPOINTMENT REMAINS24 VACANT UNTIL THE APPLICABLE APPOINTING AUTHORITY MAKES THE25 APPOINTMENT PURSUANT TO THIS SUBSECTION (2)(a).26 (III) I F THE GOVERNING BODY APPOINTS AN EVEN NUMBER OF27 1172 -11- AUTHORITY COMMISSIONERS, THE GOVERNING BODY SHALL DESIGNATE AN1 AUTHORITY COMMISSIONER AS THE AUTHORITY COMMISSIONER WHO2 CASTS THE DECIDING VOTE IN THE CASE OF AN OTHERWISE TIE VOTE .3 (b) (I) A UTHORITY COMMISSIONER TERMS ARE FOR FOUR YEARS ;4 EXCEPT THAT THE GOVERNING BODY SHALL ASSIGN TERMS OF FOUR YEARS5 OR FEWER FOR THE INITIAL AUTHORITY COMMISSIONERS SO THAT6 AUTHORITY COMMISSIONERS SERVE FOR STAGGERED TERMS .7 (II) T HE GOVERNING BODY SHALL FILL AUTHORITY COMMISSIONER8 VACANCIES, OTHER THAN THOSE THAT OCCUR DUE TO THE EXPIRATION OF9 TERMS, FOR THE REMAINING UNEXPIRED TERM ; EXCEPT THAT A VACANCY10 OF THE SPECIAL DISTRICT -APPOINTED SEAT MUST BE FILLED BY11 AGREEMENT OF THE AFFECTED SPECIAL DISTRICTS. 12 (III) A N AUTHORITY COMMISSIONER HOLDS OFFICE UNTIL THE13 GOVERNING BODY APPOINTS THE AUTHORITY COMMISSIONER 'S QUALIFIED14 SUCCESSOR.15 (c) (I) T HE GOVERNING BODY SHALL DESIGNATE THE CHAIRPERSON16 FOR THE FIRST YEAR OF THE AUTHORITY. WHEN THE OFFICE OF THE FIRST17 CHAIRPERSON OF THE AUTHORITY BECOMES VACANT AND ANNUALLY18 THEREAFTER, THE AUTHORITY SHALL SELECT A CHAIRPERSON AND19 VICE-CHAIRPERSON FROM AMONG ITS MEMBERS .20 (II) A N AUTHORITY MAY EMPLOY A SECRETARY , AN EXECUTIVE21 DIRECTOR, TECHNICAL EXPERTS, AND SUCH OTHER OFFICERS, AGENTS, AND22 EMPLOYEES AS IT MAY REQUIRE AND SHALL DETERMINE THEIR23 QUALIFICATIONS, DUTIES, AND COMPENSATION.24 (III) A N AUTHORITY MAY CALL UPON THE COUNTY ATTORNEY AND25 EMPLOY ITS OWN COUNSEL AND LEGAL STAFF FOR LEGAL SERVICES .26 (IV) A N AUTHORITY MAY DELEGATE POWERS AND DUTIES TO ONE27 1172 -12- OR MORE OF ITS AGENTS OR EMPLOYEES AS IT DEEMS PROPER .1 (d) T HE GOVERNING BODY SHALL FILE WITH THE COUNTY CLERK2 AND RECORDER A CERTIFICATE OF THE APPOINTMENT OR REAPPOINTMENT3 OF ANY AUTHORITY COMMISSIONER , AND THE CERTIFICATE IS CONCLUSIVE4 EVIDENCE OF THE DUE AND PROPER APPOINTMENT OF THE AUTHORITY5 COMMISSIONER.6 (e) A N AUTHORITY COMMISSIONER RECEIVES NO COMPENSATION7 FOR SERVICES RENDERED, BUT IS ENTITLED TO REIMBURSEMENT FOR8 NECESSARY EXPENSES, INCLUDING TRAVELING EXPENSES , INCURRED IN9 THE DISCHARGE OF THE DUTIES DESCRIBED IN THIS ARTICLE 31.10 (f) A MAJORITY OF THE AUTHORITY COMMISSIONERS CONSTITUTES11 A QUORUM.12 (3) (a) (I) U PON APPOINTMENT AS AN AUTHORITY COMMISSIONER ,13 AN AUTHORITY COMMISSIONER SHALL FILE A CERTIFICATE WITH THE14 DIVISION OF LOCAL GOVERNMENT IN THE DEPARTMENT OF LOCAL AFFAIRS15 SETTING FORTH THAT THE GOVERNING BODY , AFTER THE HEARING16 REQUIRED BY SUBSECTION (1)(b) OF THIS SECTION, MADE THE FINDINGS17 AND DECLARATION REQUIRED IN SUBSECTION (1)(c) OF THIS SECTION AND18 APPOINTED THE AUTHORITY COMMISSIONER .19 (II) U PON AN AUTHORITY COMMISSIONER FILING SUCH A20 CERTIFICATE, THE AUTHORITY COMMISSIONER AND ANY SUCCESSOR21 CONSTITUTES THE COUNTY REVITALIZATION AUTHORITY , WHICH IS A BODY22 CORPORATE AND POLITIC.23 (b) I N ANY SUIT, ACTION, OR PROCEEDING INVOLVING THE24 VALIDITY OR ENFORCEMENT OF ANY BOND , CONTRACT, MORTGAGE, TRUST25 INDENTURE, OR OTHER AGREEMENT OF THE AUTHORITY , THE AUTHORITY26 MUST BE CONCLUSIVELY DEEMED TO HAVE BEEN ESTABLISHED IN27 1172 -13- ACCORDANCE WITH THE PROVISIONS OF THIS ARTICLE 31 UPON PROOF OF1 THE FILING OF THE CERTIFICATE DESCRIBED IN THIS SUBSECTION (3). A2 COPY OF THE CERTIFICATE, DULY CERTIFIED BY THE DIRECTOR OF THE3 DIVISION OF LOCAL GOVERNMENT IN THE DEPARTMENT OF LOCAL AFFAIRS ,4 IS ADMISSIBLE IN EVIDENCE IN ANY SUCH SUIT, ACTION, OR PROCEEDING.5 (4) (a) (I) N EITHER ANY AUTHORITY COMMISSIONER , AUTHORITY6 OFFICER, OR EMPLOYEE OF AN AUTHORITY NOR ANY IMMEDIATE FAMILY7 MEMBER OF ANY SUCH AUTHORITY COMMISSIONER , OFFICER, OR8 EMPLOYEE MAY ACQUIRE ANY INTEREST , DIRECT OR INDIRECT, IN ANY9 COUNTY REVITALIZATION PROJECT OR IN ANY PROPERTY INCLUDED OR10 PLANNED TO BE INCLUDED IN ANY COUNTY REVITALIZATION PROJECT .11 (II) A N AUTHORITY COMMISSIONER SHALL NOT HAVE ANY12 INTEREST, DIRECT OR INDIRECT, IN ANY CONTRACT OR PROPOSED13 CONTRACT FOR MATERIALS OR SERVICES TO BE FURNISHED OR USED IN14 CONNECTION WITH ANY COUNTY REVITALIZATION PROJECT .15 (b) (I) (A) I F AN AUTHORITY COMMISSIONER, AUTHORITY OFFICER,16 OR EMPLOYEE OF AN AUTHORITY OWNS OR CONTROLS AN INTEREST ,17 DIRECT OR INDIRECT, IN ANY PROPERTY INCLUDED OR PLANNED TO BE18 INCLUDED IN THE COUNTY REVITALIZATION PROJECT , THE AUTHORITY19 COMMISSIONER SHALL IMMEDIATELY DISCLOSE THE INTEREST IN WRITING20 TO THE AUTHORITY. THE DISCLOSURE MUST BE ENTERED UPON THE21 MINUTES OF THE AUTHORITY.22 (B) U PON A DISCLOSURE MADE PURSUANT TO SUBSECTION23 (4)(b)(I)(A) OF THIS SECTION, THE AUTHORITY COMMISSIONER , OFFICER,24 OR OTHER EMPLOYEE SHALL NOT PARTICIPATE IN ANY ACTION BY THE25 AUTHORITY AFFECTING THE CARRYING OUT OF THE COUNTY26 REVITALIZATION PROJECT PLANNING OR THE UNDERTAKING OF THE27 1172 -14- PROJECT, UNLESS THE AUTHORITY DETERMINES THAT , NOTWITHSTANDING1 THE PERSONAL INTEREST , THE PARTICIPATION OF THE AUTHORITY2 COMMISSIONER, OFFICER, OR EMPLOYEE WOULD NOT BE CONTRARY TO THE3 PUBLIC INTEREST.4 (II) A CQUISITION OR RETENTION OF ANY INTEREST DESCRIBED IN5 SUBSECTION (4)(b)(I)(A) OF THIS SECTION WITHOUT A DETERMINATION BY6 THE AUTHORITY THAT THE INTEREST IS NOT CONTRARY TO THE PUBLIC7 INTEREST OR WILLFUL FAILURE TO DISCLOSE ANY SUCH INTEREST8 CONSTITUTES MISCONDUCT IN OFFICE .9 (5) (a) T HE GOVERNING BODY MAY REMOVE AN AUTHORITY10 COMMISSIONER FOR INEFFICIENCY OR NEGLECT OF DUTY OR MISCONDUCT11 IN OFFICE ONLY AFTER THE AUTHORITY COMMISSIONER HAS BEEN GIVEN12 A COPY OF THE CHARGES THAT THE GOVERNING BODY MADE AGAINST THE13 AUTHORITY COMMISSIONER AND THE AUTHORITY COMMISSIONER HAS HAD14 AN OPPORTUNITY TO BE HEARD IN PERSON OR THROUGH COUNSEL BEFORE15 THE GOVERNING BODY.16 (b) I F ANY AUTHORITY COMMISSIONER IS REMOVED , THE17 GOVERNING BODY SHALL FILE A RECORD OF THE PROCEEDINGS , TOGETHER18 WITH THE CHARGES MADE AGAINST THE AUTHORITY COMMISSIONER AND19 ANY RELATED FINDINGS, IN THE OFFICE OF THE COUNTY CLERK AND20 RECORDER.21 (6) (a) A NY TAXING ENTITY, OTHER THAN A SCHOOL DISTRICT OR22 THE COUNTY, THAT LEVIES TAXES IN AN AREA THAT WOULD FALL UNDER23 THE COUNTY REVITALIZATION PLAN PROPOSED BY THE AUTHORITY MAY24 FILE A PETITION WITH THE AUTHORITY REQUESTING TO JOIN THE25 AUTHORITY.26 (b) W ITHIN THIRTY DAYS OF RECEIVING THE NOTICE DESCRIBED IN27 1172 -15- SUBSECTION (6)(a) OF THIS SECTION, THE AUTHORITY SHALL HOLD A1 PUBLIC HEARING TO DETERMINE WHETHER THE TAXING ENTITY THAT FILED2 A PETITION SHOULD BE INCLUDED IN THE AUTHORITY .3 (c) T HE INCREMENTAL PROPERTY TAX REVENUE OF A TAXING4 ENTITY THAT EITHER DOES NOT FILE A PETITION IN ACCORDANCE WITH5 SUBSECTION (6)(a) OF THIS SECTION OR THAT THE AUTHORITY DECIDES6 NOT TO INCLUDE IN THE AUTHORITY DURING A HEARING HELD IN7 ACCORDANCE WITH SUBSECTION (6)(b) OF THIS SECTION SHALL NOT BE8 ALLOCATED UNDER THE COUNTY REVITALIZATION PLAN PROPOSED BY THE9 AUTHORITY.10 30-31-105. Powers of an authority. (1) A N AUTHORITY HAS ALL11 THE POWERS NECESSARY OR CONVENIENT TO CARRY OUT AND EFFECTUATE12 THE PURPOSES AND PROVISIONS OF THIS ARTICLE 31, INCLUDING THE13 POWER TO:14 (a) S UE AND TO BE SUED;15 (b) A DOPT AND ALTER A SEAL;16 (c) H AVE PERPETUAL SUCCESSION;17 (d) M AKE, AND FROM TIME TO TIME AMEND AND REPEAL , BYLAWS,18 ORDERS, RULES, AND REGULATIONS TO EFFECTUATE THE PROVISIONS OF19 THIS ARTICLE 31;20 (e) U NDERTAKE COUNTY REVITALIZATION PROJECTS ;21 (f) M AKE AND EXECUTE ANY AND ALL CONTRACTS AND OTHER22 INSTRUMENTS WHICH IT MAY DEEM NECESSARY OR CONVENIENT TO THE23 EXERCISE OF ITS POWERS UNDER THIS ARTICLE 31, INCLUDING CONTRACTS24 FOR ADVANCES, LOANS, GRANTS, AND CONTRIBUTIONS FROM THE FEDERAL25 GOVERNMENT OR ANY OTHER SOURCE ;26 (g) A RRANGE FOR THE FURNISHING OR REPAIR BY ANY PERSON OR27 1172 -16- PUBLIC BODY OF SERVICES, PRIVILEGES, WORKS, STREETS, ROADS, PUBLIC1 UTILITIES, OR EDUCATIONAL OR OTHER FACILITIES FOR OR IN CONNECTION2 WITH A PROJECT OF THE AUTHORITY;3 (h) D EDICATE PROPERTY ACQUIRED OR HELD BY THE AUTHORITY4 FOR PUBLIC WORKS, IMPROVEMENTS, FACILITIES, UTILITIES, AND OTHER5 PURPOSES;6 (i) A GREE, IN CONNECTION WITH ANY OF THE AUTHORITY 'S7 CONTRACTS, TO ANY CONDITIONS THAT THE AUTHORITY DEEMS8 REASONABLE AND APPROPRIATE UNDER THIS ARTICLE 31, INCLUDING9 CONDITIONS ATTACHED TO FEDERAL FINANCIAL ASSISTANCE , AND TO10 INCLUDE IN ANY CONTRACT MADE OR LET IN CONNECTION WITH ANY11 PROJECT OF THE AUTHORITY PROVISIONS TO FULFILL SUCH CONDITIONS AS12 IT MAY DEEM REASONABLE AND APPROPRIATE ;13 (j) A RRANGE WITH THE COUNTY OR OTHER RELEVANT PUBLIC14 BODY TO PLAN, REPLAN, ZONE, OR REZONE ANY PART OF THE AREA OF THE15 COUNTY OR OTHER PUBLIC BODY IN C ONNECTION WITH ANY PROJECT16 PROPOSED OR BEING UNDERTAKEN BY THE AUTHORITY UNDER THIS17 ARTICLE 31;18 (k) E NTER, WITH THE CONSENT OF THE OWNER, ANY BUILDING OR19 PROPERTY IN ORDER TO MAKE SURVEYS OR APPRAISALS AND TO OBTAIN AN20 ORDER FOR THIS PURPOSE FROM A COURT OF COMPETENT JURISDICTION IF21 ENTRY IS DENIED OR RESISTED;22 (l) A CQUIRE ANY PROPERTY BY PURCHASE , LEASE, OPTION, GIFT,23 GRANT, BEQUEST, DEVISE, OR OTHERWISE TO ACQUIRE ANY INTEREST IN24 PROPERTY BY CONDEMNATION , INCLUDING A FEE SIMPLE ABSOLUTE TITLE,25 IN THE MANNER PROVIDED BY THE LAWS OF THE STATE FOR THE EXERCISE26 OF THE POWER OF EMINENT DOMAIN BY ANY OTHER PUBLIC BODY .27 1172 -17- PROPERTY ALREADY DEVOTED TO A PUBLIC USE MAY BE ACQUIRED IN A1 LIKE MANNER; EXCEPT THAT NO PROPERTY BELONGING TO THE FEDERAL2 GOVERNMENT OR TO A PUBLIC BODY MAY BE ACQUIRED WITHOUT ITS3 CONSENT. ANY ACQUISITION OF ANY INTEREST IN PROPERTY BY4 CONDEMNATION BY AN AUTHORITY MUST BE APPROVED AS PART OF THE5 COUNTY REVITALIZATION PLAN OR THE SUBSTANTIAL MODIFICATION OF6 THE COUNTY REVITALIZATION PLAN , AS PROVIDED IN SECTION 30-31-109,7 MUST BE APPROVED BY A MAJORITY VOTE OF THE GOVERNING BODY IN8 WHICH THE PROPERTY IS LOCATED, AND MUST SATISFY THE REQUIREMENTS9 OF SECTION 30-31-106.10 (m) H OLD, IMPROVE, CLEAR, OR PREPARE FOR REDEVELOPMENT11 ANY PROPERTY ACQUIRED BY CONDEMNATION BY AN AUTHORITY ;12 (n) M ORTGAGE, PLEDGE, HYPOTHECATE, OR OTHERWISE13 ENCUMBER OR DISPOSE OF ITS PROPERTY ;14 (o) I NSURE ANY PROPERTY OR OPERATIONS OF THE AUTHORITY15 AGAINST ANY RISKS OR HAZARDS ; EXCEPT THAT NO PROVISION OF ANY16 OTHER LAW WITH RESPECT TO THE PLANNING OR UNDERTAKING OF17 PROJECTS OR THE ACQUISITION, CLEARANCE, OR DISPOSITION OF PROPERTY18 BY PUBLIC BODIES MAY RESTRICT AN AUTHORITY FROM EXERCISING19 POWERS UNDER THIS ARTICLE 31 WITH RESPECT TO A PROJECT OF THE20 AUTHORITY UNLESS THE GENERAL ASSEMBLY SO STATES ;21 (p) (I) I NVEST ANY OF THE AUTHORITY 'S MONEY NOT REQUIRED22 FOR IMMEDIATE DISBURSEMENT IN PROPERTY OR IN SECURITIES IN WHICH23 PUBLIC BODIES MAY LEGALLY INVEST MONEY SUBJECT TO THEIR CONTROL24 PURSUANT TO PART 6 OF ARTICLE 75 OF TITLE 24, AND TO REDEEM SUCH25 BONDS AS THE AUTHORITY HAS ISSUED AT THE REDEMPTION PRICE26 ESTABLISHED THEREIN OR TO PURCHASE SUCH BONDS AT LESS THAN27 1172 -18- REDEMPTION PRICE. ALL SUCH BONDS ISSUED BY AND THEN REDEEMED OR1 PURCHASED BY AN AUTHORITY ARE CANCELED .2 (II) D EPOSIT ANY MONEY NOT REQUIRED FOR IMMEDIATE3 DISBURSEMENT IN ANY DEPOSITORY AUTHORIZED IN SECTION 24-75-603.4 F OR THE PURPOSE OF MAKING SUCH DEPOSITS , THE AUTHORITY MAY5 APPOINT, BY WRITTEN RESOLUTION, ONE OR MORE PERSONS TO ACT AS6 CUSTODIANS OF THE MONEY OF THE AUTHORITY . SUCH PERSONS SHALL7 GIVE SURETY BONDS IN SUCH AMOUNTS AND FORM AND FOR SUCH8 PURPOSES AS THE AUTHORITY REQUIRES .9 (III) B ORROW MONEY AND APPLY FOR AND ACCEPT ADVANCES ,10 LOANS, GRANTS, AND CONTRIBUTIONS FROM THE FEDERAL GOVERNMENT11 OR ANY OTHER SOURCE FOR ANY OF THE PURPOSES OF THIS ARTICLE 3112 AND TO GIVE SUCH SECURITY AS THE FEDERAL GOVERNMENT OR OTHER13 LENDER MAY REQUIRE;14 (IV) M AKE APPROPRIATIONS AND EXPENDITURES OF ITS FUNDS ;15 AND16 (V) S ET UP, ESTABLISH, AND MAINTAIN GENERAL, SEPARATE, OR17 SPECIAL FUNDS AND BANK ACCOUNTS OR OTHER ACCOUNTS AS IT DEEMS18 NECESSARY TO CARRY OUT THE PURPOSES OF THIS ARTICLE 31;19 (q) M AKE AND SUBMIT, OR RESUBMIT TO THE GOVERNING BODY20 FOR APPROPRIATE ACTION , THE AUTHORITY'S PROPOSED PLANS AND21 MODIFICATIONS TO THOSE PLANS AS NECESSARY FOR THE CARRYING OUT22 OF THE PURPOSES OF THIS ARTICLE 31. SUCH PLANS MUST INCLUDE:23 (I) A ROADMAP TO ASSIST THE COUNTY IN ITS PREPARATION OF A24 WORKABLE PROGRAM FOR UTILIZING APPROPRIATE PRIVATE AND PUBLIC25 RESOURCES TO TAKE ADVANTAGE OF REVITALIZATION AREAS , TO26 ENCOURAGE NEEDED COUNTY REVITALIZATION , TO PROVIDE FOR THE27 1172 -19- REDEVELOPMENT OF REVITALIZATION AREAS , OR TO UNDERTAKE SUCH1 ACTIVITIES AS MAY BE SUITABLY EMPLOYED TO ACHIEVE THE OBJECTIVES2 OF SUCH A WORKABLE PROGRAM , WHICH MAY INCLUDE PROVISIONS FOR :3 (A) T HE REHABILITATION OR CONSERVATION OF REVITALIZATION4 AREAS OR PORTIONS OF THOSE AREAS BY REPLANNING , REMOVING5 CONGESTION, PROVIDING PUBLIC IMPROVEMENTS, AND ENCOURAGING THE6 REHABILITATION AND REPAIR OF DETERIORATED OR DETERIORATING7 STRUCTURES; AND8 (B) T HE CLEARANCE AND REDEVELOPMENT OF REVITALIZATION9 AREAS OR PORTIONS OF THOSE AREAS ;10 (II) C OUNTY REVITALIZATION PLANS;11 (III) P LANS FOR THE RELOCATION OF THOSE INDIVIDUALS ,12 FAMILIES, AND BUSINESS CONCERNS SITUATED IN THE COUNTY13 REVITALIZATION AREA WHICH WILL BE DISPLACED BY THE COUNTY14 REVITALIZATION PROJECT. THESE RELOCATION PLANS MAY INCLUDE DATA15 SETTING FORTH A FEASIBLE METHOD FOR THE TEMPORARY RELOCATION OF16 SUCH INDIVIDUALS, FAMILIES, AND BUSINESS CONCERNS AND SHOWING17 THAT THERE WILL BE PROVIDED, IN THE COUNTY REVITALIZATION AREA OR18 IN OTHER AREAS NOT GENERALLY LESS DESIRABLE IN REGARD TO PUBLIC19 UTILITIES AND PUBLIC AND COMMERCIAL FACILITIES , AND AT RENTS OR20 PRICES WITHIN THE FINANCIAL MEANS OF SUCH INDIVIDUALS , FAMILIES,21 AND BUSINESS CONCERNS, DECENT, SAFE, AND SANITARY DWELLINGS AND22 COMMERCIAL SPACES EQUAL IN NUMBER TO AND AVAILABLE TO SUCH23 INDIVIDUALS, FAMILIES, AND BUSINESS CONCERNS AND REASONABLY24 ACCESSIBLE TO THEIR PLACES OF EMPLOYMENT OR BUSINESS .25 (IV) P LANS FOR UNDERTAKING A PROGRAM OF VOLUNTARY REPAIR26 AND REHABILITATION OF BUILDINGS AND IMPROVEMENTS ;27 1172 -20- (V) PLANS FOR THE ENFORCEMENT OF STATE AND LOCAL LAWS ,1 CODES, AND REGULATIONS RELATING TO:2 (A) T HE USE OF LAND;3 (B) T HE USE AND OCCUPANCY OF BUILDINGS ;4 (C) B UILDING IMPROVEMENTS; AND5 (D) T HE REPAIR, REHABILITATION, DEMOLITION, OR REMOVAL OF6 BUILDINGS AND IMPROVEMENTS ; AND7 (VI) F INANCING PLANS, MAPS, PLATS, APPRAISALS, TITLE8 SEARCHES, SURVEYS, STUDIES, AND OTHER PRELIMINARY PLANS AND9 WORK PERTINENT TO ANY PROPOSED PLANS OR MODIFICATIONS ;10 (r) M AKE REASONABLE RELOCATION PAYMENTS TO OR WITH11 RESPECT TO INDIVIDUALS, FAMILIES, AND BUSINESS CONCERNS SITUATED12 IN THE COUNTY REVITALIZATION AREA THAT WILL BE DISPLACED AS13 PROVIDED IN SUBSECTION (1)(q)(III) OF THIS SECTION FOR MOVING14 EXPENSES AND ACTUAL DIRECT LOSSES OF PROPERTY INCLUDING , FOR15 BUSINESS CONCERNS , GOODWILL AND LOST PROFITS THAT ARE16 REASONABLY RELATED TO RELOCATION OF THE BUSINESS , RESULTING17 FROM THEIR DISPLACEMENT FOR WHICH REIMBURSEMENT OR18 COMPENSATION IS NOT OTHERWISE MADE , INCLUDING THE MAKING OF19 SUCH PAYMENTS FINANCED BY THE FEDERAL GOVERNMENT ;20 (s) D EVELOP, TEST, AND REPORT METHODS AND TECHNIQUES FOR21 TAKING ADVANTAGE OF THE REVITALIZATION AREAS WITHIN THE COUNTY22 AND CARRY OUT DEMONSTRATIONS AND OTHER ACTIVITIES FOR TAKING23 ADVANTAGE OF THE REVITALIZATION AREAS ; AND24 (t) R ENT OR PROVIDE BY OTHER MEANS , INCLUDING ACCEPTING25 THE USE OF SUITABLE QUARTERS FURNISHED BY THE RELEVANT COUNTY26 OR ANY OTHER PUBLIC BODY, SUITABLE QUARTERS FOR THE USE OF THE27 1172 -21- AUTHORITY AND EQUIP SUCH QUARTERS WITH FURNITURE , FURNISHINGS,1 EQUIPMENT, RECORDS, AND SUPPLIES AS THE AUTHORITY DEEMS2 NECESSARY TO ENABLE IT TO EXERCISE ITS POWERS UNDER THIS ARTICLE3 31.4 (2) N O AUTHORITY HAS POWER TO LEVY OR ASSESS AD VALOREM5 TAXES, PERSONAL PROPERTY TAXES , OR ANY OTHER FORM OF TAXES6 INCLUDING SPECIAL ASSESSMENTS AGAINST ANY PROPERTY .7 (3) N O MUNICIPALITY IS REQUIRED TO PROVIDE SERVICES WITHIN8 THE BOUNDARIES OF THE COUNTY REVITALIZATION AREA OR TO PROVIDE9 OR EXPAND INFRASTRUCTURE OR FACILITIES TO SERVE A COUNTY10 REVITALIZATION PROJECT; EXCEPT THAT THE AUTHORITY OR COUNTY AND11 A MUNICIPALITY MAY ENTER INTO AN INTERGOVERNMENTAL AGREEMENT12 REGARDING THE PROVISION OF SERVICES WITHIN THE BOUNDARIES OF THE13 COUNTY REVITALIZATION AREA OR TO PROVIDE OR EXPAND14 INFRASTRUCTURE OR FACILITIES TO SERVICE A COUNTY REVITALIZATION15 PROJECT.16 (4) NOTHING IN THIS ARTICLE 31 SHALL BE CONSTRUED TO AFFECT17 THE AUTHORITY OF A MUNICIPALITY TO REGULATE AND PLAN FOR THE USE18 OF LAND OR AFFECT ANY AGREEMENT BETWEEN A MUNICIPALITY AND A19 LANDOWNER OR PUBLIC BODY RELATING TO THE USE OR DEVELOPMENT OF20 LAND.21 30-31-106. Acquisition of private property by eminent domain22 by authority for subsequent transfer to private party - restrictions -23 exceptions - right of civil action - damages - definitions.24 (1) (a) E XCEPT AS PROVIDED IN THIS SUBSECTION (1) OR SUBSECTION (2)25 OF THIS SECTION, PRIVATE PROPERTY ACQUIRED BY EMINENT DOMAIN BY26 AN AUTHORITY PURSUANT TO SECTION 30-31-105 (1)(l) SHALL NOT LATER27 1172 -22- BE TRANSFERRED TO A PRIVATE PARTY UNLESS :1 (I) T HE OWNER OF THE PROPERTY CONSENTS IN WRITING TO2 ACQUISITION OF THE PROPERTY BY EMINENT DOMAIN BY THE AUTHORITY ;3 (II) T HE AUTHORITY DETERMINES THAT THE PROPERTY IS NO4 LONGER NECESSARY FOR THE PURPOSE FOR WHICH THE AUTHORITY5 ORIGINALLY ACQUIRED THE PROPERTY , AND THE AUTHORITY FIRST OFFERS6 TO SELL THE PROPERTY TO THE OWNER FROM WHICH THE AUTHORITY7 ACQUIRED THE PROPERTY, IF THE OWNER CAN BE LOCATED , AT A PRICE8 NOT MORE THAN THAT PAID BY THE AUTHORITY , AND THE OWNER OF THE9 PROPERTY DECLINES THE AUTHORITY 'S OFFER;10 (III) T HE PROPERTY ACQUIRED BY THE AUTHORITY IS ABANDONED ;11 OR12 (IV) T HE OWNER OF THE PROPERTY REQUESTS OR PLEADS IN AN13 EMINENT DOMAIN ACTION THAT THE AUTHORITY ACQUIRING THE14 PROPERTY ALSO ACQUIRE PROPERTY THAT IS NOT ESSENTIAL TO THE15 PURPOSE OF THE AUTHORITY 'S ACQUISITION ON THE BASIS THAT16 ACQUIRING LESS PROPERTY WOULD LEAVE THE OWNER OF THE PROPERTY17 HOLDING AN UNECONOMIC REMNANT .18 (b) N OTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION ,19 A TRANSFER THAT SATISFIES THE REQUIREMENTS OF THIS SUBSECTION (1)20 IS NOT SUBJECT TO THE PROVISIONS OF SUBSECTION (2), (3), OR (4) OF THIS21 SECTION.22 (2) (a) I F A PROPOSED TRANSFER OF PRIVATE PROPERTY ACQUIRED23 BY AN AUTHORITY BY EMINENT DOMAIN DOES NOT SATISFY ONE OF THE24 REQUIREMENTS SPECIFIED IN SUBSECTION (1)(a) OF THIS SECTION, SUCH25 PROPERTY MAY LATER BE TRANSFERRED TO A PRIVATE PARTY ONLY AFTER26 THE FOLLOWING CONDITIONS ARE SATISFIED :27 1172 -23- (I) THE GOVERNING BODY MAKES A DETERMINATION THAT THE1 PROPERTY IS LOCATED IN A REVITALIZATION AREA AND THAT THE COUNTY2 REVITALIZATION PROJECT FOR WHICH THE PROPERTY WAS BEING3 ACQUIRED WILL COMMENCE NO LATER THAN SEVEN YEARS FROM THE DATE4 THE GOVERNING BODY MADE THE REVITALIZATION AREA DETERMINATION .5 F OR PURPOSES OF THIS SUBSECTION (2)(a)(I), THE GOVERNING BODY'S6 DETERMINATION OF WHETHER A PARTICULAR AREA OR PROPERTY IS A7 REVITALIZATION AREA MUST BE BASED UPON INFORMATION THAT IS8 REASONABLY CURRENT WHEN THE GOVERNING BODY MAKES THE9 DETERMINATION.10 (II) N OT LATER THAN THE COMMENCEMENT OF THE NEGOTIATION11 OF AN AGREEMENT FOR THE REDEVELOPMENT OR REHABILITATION OF12 PROPERTY ACQUIRED OR TO BE ACQUIRED BY EMINENT DOMAIN , THE13 AUTHORITY PROVIDES NOTICE AND INVITES PROPOSALS FOR14 REDEVELOPMENT OR REHABILITATION FROM ALL PROPERTY OWNERS ,15 RESIDENTS, AND OWNERS OF BUSINESS CONCERNS LOCATED ON THE16 PROPERTY ACQUIRED OR TO BE ACQUIRED BY EMINENT DOMAIN IN THE17 COUNTY REVITALIZATION AREA BY MAILING NOTICE TO THEIR LAST18 KNOWN ADDRESS OF RECORD . THE AUTHORITY MAY, AT THE SAME TIME,19 INVITE PROPOSALS FOR REDEVELOPMENT OR REHABILITATION FROM20 OWNERS OF BUSINESS CONCERNS , OTHER INTERESTED PERSONS WHO MAY21 NOT BE PROPERTY OWNERS , OR RESIDENTS WITHIN THE COUNTY22 REVITALIZATION AREA AND MAY PROVIDE PUBLIC NOTICE THEREOF BY23 PUBLICATION IN A NEWSPAPER HAVING A GENERAL CIRCULATION WITHIN24 THE COUNTY IN WHICH THE AUTHORITY HAS BEEN ESTABLISHED .25 (III) I N THE CASE OF A SET OF PARCELS TO BE ACQUIRED BY THE26 AUTHORITY IN CONNECTION WITH THE COUNTY REVITALIZATION PROJECT ,27 1172 -24- AT LEAST ONE OF WHICH PARCELS IS OWNED BY AN OWNER REFUSING OR1 REJECTING AN AGREEMENT FOR THE ACQUISITION OF THE ENTIRE SET OF2 PARCELS, THE AUTHORITY MAKES A DETERMINATION THAT THE3 REDEVELOPMENT OR REHABILITATION OF THE REMAINING PARCELS IS NOT4 VIABLE UNDER THE COUNTY REVITALIZATION PLAN WITHOUT THE PARCEL5 AT ISSUE.6 (b) (I) A NY OWNER OF PROPERTY LOCATED WITHIN THE COUNTY7 REVITALIZATION AREA MAY CHALLENGE THE DETERMINATION OF A8 REVITALIZATION AREA MADE BY THE GOVERNING BODY PURSUANT TO9 SUBSECTION (2)(a)(I) OF THIS SECTION BY FILING, NOT LATER THAN THIRTY10 DAYS AFTER THE DETERMINATION , A CIVIL ACTION IN DISTRICT COURT11 PURSUANT TO C.R.C.P. 106 (a)(4) FOR JUDICIAL REVIEW OF THE EXERCISE12 OF DISCRETION ON THE PART OF THE GOVERNING BODY IN MAKING THE13 DETERMINATION. ANY SUCH ACTION MUST BE GOVERNED IN ACCOR DANCE14 WITH THE PROCEDURES AND OTHER REQUIREMENTS SPECIFIED IN C.R.C.P.15 106 (a)(4); EXCEPT THAT THE GOVERNING BODY HAS THE BURDEN OF16 PROVING THAT, IN MAKING ITS REVITALIZATION AREA DETERMINATION , IT17 NEITHER EXCEEDED ITS JURISDICTION NOR ABUSED ITS DISCRETION .18 (II) I F THE OWNER IS THE PREVAILING PARTY ON A CHALLENGE19 BROUGHT PURSUANT TO THIS SUBSECTION (2)(b), AN AUTHORITY SEEKING20 TO ACQUIRE PROPERTY BY EMINENT DOMAIN IN ACCORDANCE WITH THE21 REQUIREMENTS OF THIS SUBSECTION (2) SHALL REIMBURSE THE OWNER OF22 THE PROPERTY FOR REASONABLE ATTORNEY FEES INCURRED BY THE23 OWNER IN CONNECTION WITH THE ACQUISITION .24 (c) N OTWITHSTANDING ANY OTHER PROVISION OF LAW , ANY25 DETERMINATION MADE BY THE GOVERNING BODY PURSUANT TO26 SUBSECTION (2)(a) OF THIS SECTION IS A LEGISLATIVE DETERMINATION27 1172 -25- AND NOT A QUASI-JUDICIAL DETERMINATION.1 (d) N OTWITHSTANDING ANY OTHER PROVISION OF THIS ARTICLE2 31, AN AUTHORITY'S EMINENT DOMAIN AUTHORITY SHALL NOT EXCEED3 THAT OF THE COUNTY WHERE THE AUTHORITY IS LOCATED .4 (3) (a) (I) A NY AUTHORITY THAT EXERCISES THE POWER OF5 EMINENT DOMAIN TO TRANSFER ACQUIRED PROPERTY TO ANOTHER6 PRIVATE PARTY AS AUTHORIZED IN ACCORDANCE WITH THE7 REQUIREMENTS OF THIS SECTION SHALL ADOPT RELOCATION ASSISTANCE8 AND LAND ACQUISITION POLICIES TO BENEFIT DISPLACED PERSONS THAT9 ARE CONSISTENT WITH THOSE SET FORTH IN ARTICLE 56 OF TITLE 24 TO10 THE EXTENT APPLICABLE TO THE FACTS OF EACH SPECIFIC PROPERTY AND11 AT THE TIME OF THE RELOCATION OF THE OWNER OR THE OCCUPANT . AN12 AUTHORITY SHALL PROVIDE COMPENSATION OR OTHER FORMS OF13 ASSISTANCE TO ANY DISPLACED PERSON IN ACCORDANCE WITH THE14 ADOPTED POLICIES.15 (II) I N THE CASE OF A BUSINESS CONCERN DISPLACED BY THE16 ACQUISITION OF PROPERTY BY EMINENT DOMAIN , THE AUTHORITY SHALL17 MAKE A BUSINESS INTERRUPTION PAYMENT TO THE BUSINESS CONCERN18 NOT TO EXCEED THE LESSER OF TEN THOUSAND DOLLARS OR ONE -FOURTH19 OF THE AVERAGE ANNUAL TAXABLE INCOME SHOWN ON THE THREE MOST20 RECENT FEDERAL INCOME TAX RETURNS OF THE BUSINESS CONCERN .21 (b) I N ANY CASE WHERE THE ACQUISITION OF PROPERTY BY22 EMINENT DOMAIN BY AN AUTHORITY DISPLACES INDIVIDUALS , FAMILIES,23 OR BUSINESS CONCERNS, THE AUTHORITY SHALL MAKE REASONABLE24 EFFORTS TO RELOCATE THOSE INDIVIDUALS , FAMILIES, OR BUSINESS25 CONCERNS WITHIN THE COUNTY REVITALIZATION AREA . THIS RELOCATION26 MUST BE CONSISTENT WITH THE USES PROVIDED IN THE COUNTY27 1172 -26- REVITALIZATION PLAN OR IN AREAS WITHIN REASONABLE PROXIMITY TO ,1 OR COMPARABLE TO, THE ORIGINAL LOCATION OF SUCH INDIVIDUALS ,2 FAMILIES, OR BUSINESS CONCERNS.3 (4) A S USED IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE4 REQUIRES, "PRIVATE PROPERTY" OR "PROPERTY" MEANS, AS APPLIED TO5 REAL PROPERTY, ONLY A FEE OWNERSHIP INTEREST.6 30-31-107. Condemnation actions by authorities - effect of7 other provisions. N OTWITHSTANDING ANY OTHER PROVISION OF LAW ,8 ANY CONDEMNATION ACTION COMMENCED BY AN AUTHORITY MUST9 SATISFY THE REQUIREMENTS OF SECTION 38-1-101. TO THE EXTENT THAT10 THERE IS ANY CONFLICT BETWEEN THIS ARTICLE 31 AND SECTION11 38-1-101, SECTION 38-1-101 CONTROLS.12 30-31-108. Disposal of property in county revitalization area.13 (1) (a) A N AUTHORITY MAY SELL, LEASE, OR OTHERWISE TRANSFER REAL14 PROPERTY OR ANY INTEREST THEREIN ACQUIRED BY THE AUTHORITY AS15 PART OF THE COUNTY REVITALIZATION PROJECT FOR RESIDENTIAL ,16 RECREATIONAL, COMMERCIAL, INDUSTRIAL, OR OTHER USES, OR FOR17 PUBLIC USE IN ACCORDANCE WITH THE COUNTY REVITALIZATION PLAN ,18 SUBJECT TO SUCH COVENANTS , CONDITIONS, AND RESTRICTIONS,19 INCLUDING COVENANTS RUNNING WITH THE L AND AND THE20 INCORPORATION BY REFERENCE OF THE PROVISIONS OF THE COUNTY21 REVITALIZATION PLAN OR ANY PART THEREOF AS THE AUTHORITY DEEMS22 TO BE IN THE PUBLIC INTEREST OR NECESSARY TO CARRY OUT THE23 PURPOSES OF THIS ARTICLE 31.24 (b) T HE PURCHASERS, LESSEES, TRANSFEREES, AND THEIR25 SUCCESSORS AND ASSIGNEES DESCRIBED IN THIS SUBSECTION (1) ARE26 OBLIGATED TO DEVOTE THE REAL PROPERTY DESCRIBED IN THIS27 1172 -27- SUBSECTION (1) ONLY TO THE LAND USES , DESIGNS, BUILDING1 REQUIREMENTS, TIMING, OR PROCEDURES SPECIFIED IN THE COUNTY2 REVITALIZATION PLAN AND MAY BE OBLIGATED TO COMPLY WITH OTHER3 REQUIREMENTS THAT THE AUTHORITY DETERMINES ARE IN THE PUBLIC4 INTEREST, INCLUDING THE OBLIGATION TO BEGIN ANY IMPROVEMENTS ON5 SUCH REAL PROPERTY THAT ARE REQUIRED BY THE COUNTY6 REVITALIZATION PLAN WITHIN A REASONABLE TIME .7 (c) (I) T HE REAL PROPERTY OR INTEREST DESCRIBED IN8 SUBSECTION (1)(a) OF THIS SECTION MUST BE SOLD , LEASED, OR9 OTHERWISE TRANSFERRED AT NOT LESS THAN ITS FAIR VALUE AS10 DETERMINED BY THE AUTHORITY FOR USES IN ACCORDANCE WITH THE11 COUNTY REVITALIZATION PLAN .12 (II) I N DETERMINING THE FAIR VALUE OF REAL PROPERTY FOR USES13 IN ACCORDANCE WITH THE COUNTY REVITALIZATION PLAN , AN AUTHORITY14 SHALL TAKE INTO ACCOUNT:15 (A) T HE USES PROVIDED IN THE COUNTY REVITALIZATION PLAN ;16 (B) T HE RESTRICTIONS UPON AND THE COVENANTS , CONDITIONS,17 AND OBLIGATIONS ASSUMED BY THE PURCHASER OR LESSEE ; AND18 (C) T HE OBJECTIVES OF THE COUNTY REVITALIZATION PLAN IN19 RELATION TO TAKING ADVANTAGE OF REVITALIZATION AREAS .20 (d) (I) R EAL PROPERTY ACQUIRED BY AN AUTHORITY WHICH , IN21 ACCORDANCE WITH THE PROVISIONS OF THE COUNTY REVITALIZATION22 PLAN, IS TO BE TRANSFERRED MUST BE TRANSFERRED AS RAPIDLY AS23 FEASIBLE IN THE PUBLIC INTEREST CONSISTENT WITH THE COUNTY24 REVITALIZATION PLAN.25 (II) A NY CONTRACT FOR THE TRANSFER OF REAL PROPERTY26 DESCRIBED IN THIS SECTION AND THE COUNTY REVITALIZATION PLAN , OR27 1172 -28- ANY PART OF THE CONTRACT OR PLAN AS THE AUTHORITY MAY1 DETERMINE, MAY BE RECORDED IN THE LAND RECORDS OF THE COUNTY IN2 SUCH MANNER AS TO AFFORD ACTUAL OR CONSTRUCTIVE NOTICE .3 (2) (a) A N AUTHORITY SHALL ONLY DISPOSE OF REAL PROPERTY IN4 THE COUNTY REVITALIZATION AREA TO PRIVATE PERSONS UNDER SUCH5 REASONABLE COMPETITIVE BIDDING PROCEDURES AS THE AUTHORITY6 PRESCRIBES OR AS PROVIDED IN THIS SUBSECTION (2).7 (b) (I) A N AUTHORITY, BY PUBLIC NOTICE BY PUBLICATION ONCE8 EACH WEEK FOR TWO CONSECUTIVE WEEKS IN A NEWSPAPER HAVING A9 GENERAL CIRCULATION IN THE COUNTY , BEFORE THE EXECUTION OF ANY10 CONTRACT TO SELL, LEASE, OR OTHERWISE TRANSFER REAL PROPERTY ,11 AND BEFORE THE DELIVERY OF ANY INSTRUMENT OF CONVEYANCE12 PURSUANT TO THIS SECTION, MAY INVITE PROPOSALS FROM AND MAKE13 AVAILABLE ALL PERTINENT INFORMATION TO ANY PERSON INTERESTED IN14 UNDERTAKING THE REDEVELOPMENT OR REHABILITATION OF THE COUNTY15 REVITALIZATION AREA OR ANY PART THEREOF .16 (II) N OTICE GIVEN IN ACCORDANCE WITH THIS SUBSECTION (2)(b)17 MUST IDENTIFY THE RELEVANT PORTION OF THE AREA AND MUST STATE18 THAT SUCH FURTHER INFORMATION AS IS AVAILABLE MAY BE OBTAINED19 AT THE OFFICE DESIGNATED IN THE NOTICE.20 (c) A N AUTHORITY SHALL CONSIDER ALL REDEVELOPMENT OR21 REHABILITATION PROPOSALS RECEIVED IN ACCORDANCE WITH SUBSECTION22 (2)(b) OF THIS SECTION AND THE FINANCIAL AND LEGAL ABILITY OF THE23 PERSONS MAKING THE PROPOSALS TO CARRY THEM OUT AND MAY24 NEGOTIATE WITH ANY PERSONS FOR PROPOSALS FOR THE PURCHASE ,25 LEASE, OR OTHER TRANSFER OF ANY REAL PROPERTY ACQUIRED BY THE26 AUTHORITY IN THE COUNTY REVITALIZATION AREA .27 1172 -29- (d) AN AUTHORITY MAY ACCEPT SUCH PROPOSALS AS IT DEEMS TO1 BE IN THE PUBLIC INTEREST AND IN FURTHERANCE OF THE PURPOSES OF2 THIS ARTICLE 31.3 (e) A N AUTHORITY SHALL FILE A NOTIFICATION OF INTENTION TO4 ACCEPT A PROPOSAL WITH THE GOVERNING BODY NOT LESS THAN FIFTEEN5 DAYS BEFORE ANY SUCH ACCEPTANCE . THEREAFTER, THE AUTHORITY MAY6 EXECUTE THE PROPOSAL IN ACCORDANCE WITH THE PROVISIONS OF7 SUBSECTION (1) OF THIS SECTION AND DELIVER DEEDS , LEASES, AND8 OTHER INSTRUMENTS AND TAKE ALL STEPS NECESSARY TO EFFECTUATE9 THE PROPOSAL.10 (3) A N AUTHORITY MAY TEMPORARILY OPERATE AND MAINTAIN11 REAL PROPERTY ACQUIRED IN THE COUNTY REVITALIZATION AREA12 PENDING THE DISPOSITION OF THE PROPERTY FOR REDEVELOPMENT13 WITHOUT REGARD TO THE PROVISIONS OF SUBSECTION (1) OF THIS SECTION14 FOR SUCH USES AND PURPOSES AS IT DEEMS DESIRABLE EVEN IF THOSE15 USES AND PURPOSES ARE NOT IN CONFORMITY WITH THE COUNTY16 REVITALIZATION PLAN.17 (4) N OTWITHSTANDING SUBSECTION (1) OF THIS SECTION, AN18 AUTHORITY MAY SET ASIDE , DEDICATE, AND DEVOTE PROJECT REAL19 PROPERTY TO PUBLIC USES IN ACCORDANCE WITH THE COUNTY20 REVITALIZATION PLAN OR SET ASIDE , DEDICATE, AND TRANSFER REAL21 PROPERTY TO THE COUNTY OR TO ANY OTHER APPROPRIATE PUBLIC BODY22 FOR PUBLIC USES IN ACCORDANCE WITH THE COUNTY REVITALIZATION23 PLAN WITH OR WITHOUT COMPENSATION FOR SUCH PROPERTY , WITH OR24 WITHOUT REGARD TO THE FAIR VALUE OF SUCH PROPERTY AS DETERMINED25 IN SUBSECTION (1) OF THIS SECTION, AND UPON OR SUBJECT TO SUCH26 TERMS, CONDITIONS, COVENANTS, RESTRICTIONS, OR LIMITATIONS AS THE27 1172 -30- AUTHORITY DEEMS TO BE IN THE PUBLIC INTEREST AND AS ARE1 CONSISTENT WITH THE PURPOSES AND OBJECTIVES AND THE OTHER2 APPLICABLE PROVISIONS OF THIS ARTICLE 31.3 30-31-109. Approval of county revitalization plans by local4 governing body - definitions. (1) (a) A N AUTHORITY MAY NOT5 UNDERTAKE THE COUNTY REVITALIZATION PROJECT FOR THE COUNTY6 REVITALIZATION AREA UNLESS , BASED ON EVIDENCE PRESENTED AT A7 PUBLIC HEARING, THE GOVERNING BODY HAS DETERMINED BY RESOLUTION8 THAT THE AREA IS A REVITALIZATION AREA AND HAS DESIGNATED THE9 AREA AS APPROPRIATE FOR A COUNTY REVITALIZATION PROJECT .10 (b) (I) N OTWITHSTANDING ANY OTHER PROVISION OF THIS ARTICLE11 31, WITHIN THIRTY DAYS OF COMMISSIONING A STUDY TO DETERMINE12 WHETHER AN AREA IS A REVITALIZATION AREA IN ACCORDANCE WITH THE13 REQUIREMENTS OF SUBSECTION (1)(a) OF THIS SECTION, THE AUTHORITY14 SHALL PROVIDE NOTICE TO ANY OWNER OF PRIVATE PROPERTY LOCATED15 IN THE AREA THAT IS THE SUBJECT OF THE STUDY BY MAILING NOTICE TO16 THE OWNER BY REGULAR MAIL AT THE LAST -KNOWN ADDRESS OF RECORD17 AND TO ANY MUNICIPALITY WITHIN THREE MILES OF THE PROPOSED AREA.18 T HE NOTICE MUST STATE THAT THE AUTHORITY IS COMMENCING A STUDY19 NECESSARY FOR MAKING A DETERMINATION AS TO WHETHER THE AREA IN20 WHICH THE OWNER OWNS PROPERTY IS A REVITALIZATION AREA . WITHIN21 SEVEN DAYS OF MAKING SUCH DETERMINATION , THE AUTHORITY OR THE22 COUNTY, AS APPLICABLE, SHALL ALSO PROVIDE NOTICE OF THE23 DETERMINATION TO ANY OWNER OF PRIVATE PROPERTY LOCATED IN THE24 AREA THAT IS THE SUBJECT OF THE STUDY BY MAILING NOTICE TO THE25 OWNER BY REGULAR MAIL AT THE LAST -KNOWN ADDRESS OF RECORD .26 (II) A S USED IN THIS SUBSECTION (1)(b), "PRIVATE PROPERTY"27 1172 -31- MEANS, AS APPLIED TO REAL PROPERTY, ONLY A FEE OWNERSHIP INTEREST.1 (c) (I) T HE BOUNDARIES OF AN AREA THAT THE GOVERNING BODY2 DETERMINES TO BE A REVITALIZATION AREA MUST BE DRAWN AS3 NARROWLY AS THE GOVERNING BODY DETERMINES FEASIBLE TO4 ACCOMPLISH THE PLANNING AND DEVELOPMENT OBJECTIVES OF THE5 PROPOSED COUNTY REVITALIZATION PLAN . THE GOVERNING BODY SHALL6 NOT APPROVE THE COUNTY REVITALIZATION PLAN UNTIL A GENERAL PLAN7 FOR THE COUNTY HAS BEEN PREPARED . IN MAKING THE DETERMINATION8 AS TO WHETHER A PARTICULAR AREA IS A REVITALIZATION AREA9 PURSUANT TO THE PROVISIONS OF THIS ARTICLE 31, ANY PARTICULAR10 CONDITION FOUND TO BE PRESENT MAY SATISFY AS MANY OF THE FACTORS11 REFERENCED IN SECTION 30-31-103 (14) AS ARE APPLICABLE TO THE12 CONDITION.13 (II) N OTWITHSTANDING ANY OTHER PROVISION OF THIS ARTICLE14 31, NO COUNTY REVITALIZATION AREA MAY CONTAIN ANY AGRICULTURAL15 LAND UNLESS:16 (A) T HE AGRICULTURAL LAND IS A BROWNFIELD SITE ;17 (B) N OT LESS THAN ONE-HALF OF THE COUNTY REVITALIZATION18 AREA AS A WHOLE CONSISTS OF PARCELS OF LAND CONTAINING19 URBAN-LEVEL DEVELOPMENT THAT , AT THE TIME OF THE DESIGNATION OF20 SUCH AREA, THE GOVERNING BODY DETERMINES TO BE A REVITALIZATION21 AREA IN ACCORDANCE WITH THE REQUIREMENTS OF SUBSECTION (1)(a) OF22 THIS SECTION, AND NOT LESS THAN TWO-THIRDS OF THE PERIMETER OF THE23 COUNTY REVITALIZATION AREA AS A WHOLE IS CONTIGUOUS WITH24 URBAN-LEVEL DEVELOPMENT AS DETERMINED AT THE TIME OF THE25 DESIGNATION OF SUCH AREA;26 (C) T HE AGRICULTURAL LAND IS AN ENCLAVE WITHIN THE27 1172 -32- TERRITORIAL BOUNDARIES OF THE COUNTY AND THE ENTIRE PERIMETER OF1 THE ENCLAVE HAS BEEN CONTIGUOUS WITH URBAN -LEVEL DEVELOPMENT2 FOR A PERIOD OF NOT LESS THAN THR EE YEARS AS DETERMINED AT THE3 TIME OF THE DESIGNATION OF THE AREA; OR4 (D) E ACH PUBLIC BODY THAT LEVIES AN AD VALOREM PROPERTY5 TAX ON THE AGRICULTURAL LAND AGREES IN WRITING TO THE INCLUSION6 OF THE AGRICULTURAL LAND WITHIN THE COUNTY REVITALIZATION AREA .7 (III) N OTWITHSTANDING ANY OTHER PROVISION OF THIS ARTICLE8 31, THE COUNTY REVITALIZATION AUTHORITY MUST NOT OVERLAP WITH9 AN URBAN RENEWAL AUTHORITY , AND THE BOUNDARIES OF THE10 COUNTY REVITALIZATION AREA MUST NOT OVERLAP WITH A11 MUNICIPALITY, EXCEPT WHERE THE PROPERTY IS SUBSEQUENTLY ANNEXED12 INTO THE MUNICIPALITY OR PURSUANT TO SECTION 30-31-118.13 (d) A COUNTY REVITALIZATION PLAN THAT IS APPROVED OR14 SUBSTANTIALLY MODIFIED MUST INCLUDE A LEGAL DESCRIPTION OF THE15 COUNTY REVITALIZATION AREA , INCLUDING THE LEGAL DESCRIPTION OF16 ANY AGRICULTURAL LAND PROPOSED FOR INCLUSION WITHIN THE COUNTY17 REVITALIZATION AREA PURSUANT TO SUBSECTION (1)(c)(II) OF THIS18 SECTION.19 (2) (a) P RIOR TO APPROVING A COUNTY REVITALIZATION PLAN , A20 GOVERNING BODY SHALL SUBMIT THE PLAN TO THE COUNTY PLANNING21 COMMISSION FOR REVIEW AND RECOMMENDATIONS AS TO THE PLAN 'S22 CONFORMITY WITH THE GENERAL PLAN FOR THE DEVELOPMENT OF THE23 COUNTY AS A WHOLE. THE COUNTY PLANNING COMMISSION SHALL ALSO24 REVIEW AND PROVIDE RECOMME NDATIONS AS TO THE PLAN'S INTERACTION25 WITH APPLICABLE MUNICIPAL PLANS FOR THE DEVELOPMENT OF26 UNINCORPORATED TERRITORY IF THE COUNTY REVITALIZATION PLAN27 1172 -33- INCLUDES PROPERTY THAT IS INCLUDED WITHIN A MUNICIPAL PLAN1 ADOPTED PURSUANT TO SECTION 31-12-105 (1)(e)(I) OR SECTION2 31-23-212.3 (b) T HE PLANNING COMMISSION SHALL SUBMIT ITS WRITTEN4 RECOMMENDATIONS TO THE GOVERNING BODY WITHIN THIRTY DAYS5 AFTER RECEIPT OF THE PLAN.6 (c) U PON RECEIPT OF THE RECOMMENDATIONS OF THE PLANNING7 COMMISSION OR, IF NO RECOMMENDATIONS ARE RECEIVED WITHIN THIRTY8 DAYS, WITHOUT SUCH RECOMMENDATIONS , A GOVERNING BODY MAY9 PROCEED WITH THE HEARING ON THE PROPOSED COUNTY REVITALIZATION10 PLAN REQUIRED BY SUBSECTION (5) OF THIS SECTION.11 (3) (a) AT LEAST THIRTY DAYS PRIOR TO THE HEARING DESCRIBED12 IN SUBSECTION (5)(a) OF THIS SECTION ON A COUNTY REVITALIZATION13 PLAN OR A SUBSTANTIAL MODIFICATION TO A COUNTY REVITALIZATION14 PLAN, THE COUNTY OR THE AUTHORITY SHALL SUBMIT A COUNTY15 REVITALIZATION IMPACT REPORT ALONG WITH THE COUNTY16 REVITALIZATION PLAN OR MODIFICATION TO A COUNTY REVITALIZATION17 PLAN TO EVERY MUNICIPALITY WITHIN ONE MILE OF THE COUNTY18 REVITALIZATION AREA. THE COUNTY REVITALIZATION IMPACT REPORT19 MUST INCLUDE, AT A MINIMUM , THE FOLLOWING INFORMATION20 CONCERNING THE IMPACT OF SUCH A COUNTY REVITALIZATION PLAN : 21 (I) AN ESTIMATE OF THE IMPACT OF THE COUNTY REVITALIZATION22 PROJECT ON MUNICIPAL SERVICES AND INFRASTRUCTURE ;23 (II) AN ESTIMATE OF THE COST AND EXTENT OF ADDITIONAL24 MUNICIPAL INFRASTRUCTURE AND SERVICES THAT ARE ANTICIPATED TO BE25 NEEDED TO SERVE DEVELOPMENT WITHIN THE PROPOSED COUNTY26 REVITALIZATION AREA, AND THE BENEFIT OF IMPROVEMENTS WITHIN THE27 1172 -34- COUNTY REVITALIZATION AREA TO EXISTING MUNICIPAL INFRASTRUCTURE ;1 (III) A STATEMENT SETTING FORTH THE METHOD UNDER WHICH2 THE AUTHORITY OR THE COUNTY WILL FINANCE, OR THAT AGREEMENTS3 ARE IN PLACE TO FINANCE, ANY ADDITIONAL MUNICIPAL INFRASTRUCTURE4 AND SERVICES TO SERVE DEVELOPMENT IN THE COUNTY REVITALIZATION5 AREA FOR THE DURATION OF THE COUNTY REVITALIZATION PROJECT; AND6 (IV) ANY OTHER ESTIMATED IMPACTS OF THE COUNTY7 REVITALIZATION PROJECT.8 (b) THE INADVERTENT FAILURE OF A COUNTY OR AN AUTHORITY9 TO SUBMIT A COUNTY REVITALIZATION PLAN, SUBSTANTIAL MODIFICATION10 TO A COUNTY REVITALIZATION PLAN, OR A COUNTY REVITALIZATION11 IMPACT REPORT, AS APPLICABLE, TO A MUNICIPALITY IN ACCORDANCE12 WITH THE REQUIREMENTS OF SUBSECTION (3)(a) OF THIS SECTION NEITHER13 CREATES A CAUSE OF ACTION IN FAVOR OF ANY PARTY NOR INVALIDATES14 ANY COUNTY REVITALIZATION PLAN OR SUBSTANTIAL MODIFICATION TO15 A COUNTY REVITALIZATION PLAN .16 (c) NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION,17 A CITY AND COUNTY IS NOT REQUIRED TO SUBMIT AN URBAN RENEWAL18 IMPACT REPORT SATISFYING THE REQUIREMENTS OF SUBSECTION (3)(a) OF19 THIS SECTION.20 (4) UPON REQUEST OF THE COUNTY OR THE AUTHORITY, EACH21 MUNICIPALITY THAT IS ENTITLED TO RECEIVE A COPY OF A COUNTY22 REVITALIZATION PLAN OR A SUBSTANTIAL MODIFICATION TO A COUNTY23 REVITALIZATION PLAN SHALL PROVIDE AVAILABLE MUNICIPAL DATA AND24 PROJECTIONS TO THE COUNTY OR THE AUTHORITY TO ASSIST IN PREPARING25 A COUNTY REVITALIZATION IMPACT REPORT PURSUANT TO SUBSECTION (3)26 OF THIS SECTION.27 1172 -35- (5) (a) A GOVERNING BODY SHALL HOLD A PUBLIC HEARING ON THE1 COUNTY REVITALIZATION PLAN OR A SUBSTANTIAL MODIFICATION OF AN2 APPROVED COUNTY REVITALIZATION PLAN NO LESS THAN THIRTY DAYS3 AFTER GIVING PUBLIC NOTICE OF THE HEARING .4 (b) T HE NOTICE FOR THE PUBLIC HEARING MUST :5 (I) B E PUBLISHED BY THE GOVERNING B ODY IN A NEWSPAPER6 HAVING A GENERAL CIRCULATION IN THE COUNTY ;7 (II) D ESCRIBE THE TIME, DATE, PLACE, AND PURPOSE OF THE8 HEARING;9 (III) G ENERALLY IDENTIFY THE COUNTY REVITALIZATION AREA10 COVERED BY THE PLAN;11 (IV) O UTLINE THE GENERAL SCOPE OF THE COUNTY12 REVITALIZATION PROJECT UNDER CONSIDERATION ; AND13 (V) B E PROVIDED BY THE COUNTY TO EVERY MUNICIPALITY14 WITHIN THREE MILES OF THE AUTHORITY .15 (c) I F AN AUTHORITY INTENDS TO ACQUIRE PRIVATE PROPERTY BY16 EMINENT DOMAIN WITHIN THE COUNTY REVITALIZATION AREA THAT IS TO17 BE SUBSEQUENTLY TRANSFERRED TO A PRIVATE PARTY IN ACCORDANCE18 WITH THE REQUIREMENTS OF SECTION 30-31-106 (2), THE GOVERNING19 BODY, BEFORE COMMENCING THE ACQUISITION OF THE PROPERTY , SHALL20 HOLD A PUBLIC HEARING ON THE USE OF EMINENT DOMAIN AS A MEANS TO21 ACQUIRE THE PROPERTY. THE GOVERNING BODY SHALL ONLY HOLD THIS22 HEARING AFTER WRITTEN NOTICE OF THE TIME , DATE, PLACE, AND23 PURPOSE OF THE HEARING HAS BEEN PROVIDED TO EACH OWNER OF24 PROPERTY, AS PROPERTY IS DEFINED IN SECTION 30-31-106 (4), THAT IS25 WITHIN THE COUNTY REVITALIZATION AREA AT LEAST THIRTY DAYS26 BEFORE THE DATE OF THE HEARING. IN ORDER TO AUTHORIZE THE USE OF27 1172 -36- EMINENT DOMAIN AS A MEANS TO ACQUIRE PROPERTY , A GOVERNING BODY1 SHALL BASE ITS AUTHORIZATION DECISION ON A FINDING OF2 REVITALIZATION AREA CONDITIONS WITHOUT REGARD TO THE ECONOMIC3 PERFORMANCE OF THE PROPERTY TO BE ACQUIRED .4 (d) A T THE HEARING HELD PURSUANT TO THE NOTICE DESCRIBED5 IN THIS SUBSECTION (5), THE GOVERNING BODY SHALL GRANT A FULL6 OPPORTUNITY TO BE HEARD TO ALL MUNICIPALITIES WITHIN THREE MILES7 OF THE AUTHORITY.8 (6) FOLLOWING THE HEARING DESCRIBED IN SUBSECTION (5) OF9 THIS SECTION, THE GOVERNING BODY MAY APPROVE THE COUNTY10 REVITALIZATION PLAN IF THE GOVERNING BODY FINDS THAT :11 (a) A FEASIBLE METHOD EXISTS FOR THE RELOCATION OF12 INDIVIDUALS AND FAMILIES WHO WILL BE DISPLACED BY THE COUNTY13 REVITALIZATION PROJECT IN DECENT , SAFE, AND SANITARY DWELLING14 ACCOMMODATIONS WITHIN THEIR MEANS AND WITHOUT UNDUE HARDSHIP15 TO SUCH INDIVIDUALS AND FAMILIES;16 (b) A FEASIBLE METHOD EXISTS FOR THE RELOCATION OF BUSINESS17 CONCERNS THAT WILL BE DISPLACED BY THE COUNTY REVITALIZATION18 PROJECT IN THE COUNTY REVITALIZATION AREA OR IN OTHER AREAS THAT19 ARE NOT GENERALLY LESS DESIRABLE WITH RESPECT TO PUBLIC UTILITIES20 AND PUBLIC AND COMMERCIAL FACILITIES ;21 (c) T HE GOVERNING BODY HAS TAKEN REASONABLE EFFORTS TO22 PROVIDE WRITTEN NOTICE OF THE PUBLIC HEARING PRESCRIBED BY23 SUBSECTION (5) OF THIS SECTION TO ALL PROPERTY OWNERS, RESIDENTS,24 AND OWNERS OF BUSINESS CONCERNS IN THE PROPOSED COUNTY25 REVITALIZATION AREA AT THEIR LAST -KNOWN ADDRESS OF RECORD AT26 LEAST THIRTY DAYS BEFORE SUCH HEARING . THE NOTICE MUST CONTAIN27 1172 -37- THE SAME INFORMATION AS REQUIRED FOR THE NOTICE DESCRIBED IN1 SUBSECTION (5) OF THIS SECTION.2 (d) N O MORE THAN ONE HUNDRED TWENTY DAYS HAVE PASSED3 SINCE THE COMMENCEMENT OF THE FIRST PUBLIC HEARING OF THE COUNTY4 REVITALIZATION PLAN PURSUANT TO SUBSECTION (5) OF THIS SECTION;5 (e) I F THE COUNTY REVITALIZATION PLAN CONTAINS PROPERTY6 THAT WAS INCLUDED IN A PREVIOUSLY SUBMITTED COUNTY7 REVITALIZATION PLAN THAT THE GOVERNING BODY FAILED TO APPROVE8 PURSUANT TO THIS SECTION, AT LEAST TWENTY-FOUR MONTHS HAVE9 PASSED SINCE THE COMMENCEMENT OF THE PRIOR PUBLIC HEARING10 CONCERNING SUCH PROPERTY HELD PURSUANT TO SUBSECTION (5) OF THIS11 SECTION, UNLESS SUBSTANTIAL CHANGES HAVE OCCURRED SINCE THE12 COMMENCEMENT OF THE HEARING THAT RESULTED IN A DETERMINATION13 THAT SUCH PROPERTY CONSTITUTED A REVITALIZATION AREA PURSUANT14 TO SECTION 30-31-103 (14);15 (f) T HE COUNTY REVITALIZATION PLAN CONFORMS TO THE16 GENERAL PLAN OF THE COUNTY AS A WHOLE AND CONSIDERS APPLICABLE17 MUNICIPAL PLANS FOR THE DEVELOPMENT OF UNINCORPORATED18 TERRITORY, IF THE COUNTY REVITALIZATION PLAN INCLUDES PROPERTY19 THAT IS INCLUDED WITHIN A MUNICIPAL PLAN ADOPTED PURSUANT TO20 SECTION 31-12-105 (1)(e)(I) OR SECTION 31-23-212;21 (g) T HE COUNTY REVITALIZATION PLAN WILL AFFORD MAXIMUM22 OPPORTUNITY, CONSISTENT WITH THE SOUND NEEDS OF THE COUNTY AS A23 WHOLE, FOR THE REHABILITATION OR REDEVELOPMENT OF THE COUNTY24 REVITALIZATION AREA BY PRIVATE ENTERPRISE ;25 (h) T HE AUTHORITY OR THE COUNTY WILL ADEQUATELY FINANCE ,26 OR THAT AGREEMENTS ARE IN PLACE TO FINANCE , ANY ADDITIONAL27 1172 -38- COUNTY AND MUNICIPAL INFRASTRUCTURE AND SERVICES REQUIRED TO1 SERVE DEVELOPMENT WITHIN THE COUNTY REVITALIZATION AREA FOR THE2 PERIOD IN WHICH ALL OR ANY PORTION OF THE PROPERTY TAXES3 DESCRIBED IN SUBSECTION (13)(a)(II) OF THIS SECTION AND LEVIED BY4 THE COUNTY ARE PAID TO THE AUTHORITY ; 5 (i) T HE ADOPTION OF THE PLAN WILL NOT CREATE AN UNDUE6 BURDEN ON ANY MUNICIPALITY THAT PROVIDES MUNICIPAL SERVICES OR7 THAT OWNS, CONTROLS, OR MAINTAINS ANY INFRASTRUCTURE OR8 FACILITIES THAT ARE IMPACTED BY THE ADOPTION OF THE PLAN,9 EXCLUDING ANY BURDEN THAT HAS NOT BEEN ADDRESSED PURSUANT TO10 SUBSECTION (6)(h) OF THIS SECTION; AND11 (j) NO PROPERTY IS INCLUDED IN THE COUNTY REVITALIZATION12 PLAN THAT IS SUBJECT TO A PENDING ANNEXATION AGREEMENT OR FOR13 WHICH ANNEXATION PROCEEDINGS HAVE BEEN COMMENCED WITHIN THE14 PAST THREE YEARS.15 (7) IN ADDITION TO THE FINDINGS OTHERWISE REQUIRED OF THE16 GOVERNING BODY PURSUANT TO SUBSECTION (6) OF THIS SECTION, IF THE17 COUNTY REVITALIZATION PLAN SEEKS THE ACQUISITION OF PRIVATE18 PROPERTY BY EMINENT DOMAIN FOR SUBSEQUENT TRANSFER TO A PRIVATE19 PARTY PURSUANT TO SECTION 30-31-106 (2), THE GOVERNING BODY MAY20 APPROVE THE COUNTY REVITALIZATION PLAN WHERE IT FINDS , IN21 CONNECTION WITH A HEARING SATISFYING THE REQUIREMENTS OF22 SUBSECTION (5) OF THIS SECTION, THAT THE COUNTY REVITALIZATION23 PLAN HAS MET THE REQUIREMENTS OF SECTION 30-31-106 (2) AND THAT24 THE PRINCIPAL PUBLIC PURPOSE FOR ADOPTING THE COUNTY25 REVITALIZATION PLAN IS TO FACILITATE REDEVELOPMENT IN ORDER TO26 TAKE ADVANTAGE OF REVITALIZATION AREAS .27 1172 -39- (8) IF THE COUNTY REVITALIZATION AREA CONSISTS OF AN AREA1 OF OPEN LAND WHICH, UNDER THE COUNTY REVITALIZATION PLAN , IS TO2 BE DEVELOPED FOR RESIDENTIAL USES, THE GOVERNING BODY MUST FIRST3 HAVE DETERMINED THAT:4 (a) A SHORTAGE OF HOUSING OF SOUND STANDARDS AND DESIGN5 WHICH IS DECENT, SAFE, AND SANITARY EXISTS IN THE COUNTY;6 (b) T HE NEED FOR HOUSING ACCOMMODATIONS HAS BEEN OR WILL7 BE INCREASED AS A RESULT OF TAKING ADVANTAGE OF REVITALIZATION8 AREAS;9 (c) T HE OPPORTUNITY FACTORS IN THE COUNTY REVITALIZATION10 AREA AND THE SHORTAGE OF ATTAINABLE HOUSING CREATE A RISK TO THE11 PUBLIC HEALTH AND SAFETY; AND12 (d) T HE ACQUISITION OF THE AREA FOR RESIDENTIAL USES IS AN13 INTEGRAL PART OF AND ESSENTIAL TO THE PROGRAM OF THE COUNTY .14 (9) IF THE COUNTY REVITALIZATION AREA CONSISTS OF AN AREA15 OF OPEN LAND WHICH, UNDER THE COUNTY REVITALIZATION PLAN , IS TO16 BE DEVELOPED FOR NONRESIDENTIAL USES , THE LOCAL GOVERNING BODY17 MUST FIRST HAVE DETERMINED THAT :18 (a) S UCH NONRESIDENTIAL USES ARE NECESSARY AND19 APPROPRIATE TO FACILITATE THE PROPER GROWTH AND DEVELOPMENT OF20 THE COMMUNITY IN ACCORDANCE WITH SOUND PLANNING STANDARDS21 AND LOCAL COMMUNITY OBJECTIVES ; AND22 (b) T HE CONTEMPLATED ACQUISITION OF THE AREA MAY REQUIRE23 THE EXERCISE OF GOVERNMENTAL ACTION , AS PROVIDED IN THIS ARTICLE24 31, BECAUSE OF BEING IN A REVITALIZATION AREA.25 (10) (a) THE COUNTY REVITALIZATION PLAN MAY BE MODIFIED AT26 ANY TIME; BUT, IF THE COUNTY REVITALIZATION PLAN IS MODIFIED AFTER27 1172 -40- THE LEASE OR SALE BY THE AUTHORITY OF REAL PROPERTY IN THE COUNTY1 REVITALIZATION PROJECT AREA, THE MODIFICATION IS SUBJECT TO SUCH2 RIGHTS AT LAW OR IN EQUITY AS A LESSEE OR PURCHASER OR THE3 PURCHASER'S SUCCESSOR IN INTEREST MAY BE ENTITLED TO ASSERT. IF4 THE MODIFICATION TO A COUNTY REVITALIZATION PLAN WILL5 SUBSTANTIALLY CHANGE PROVISIONS OF THE COUNTY REVITALIZATION6 PLAN REGARDING LAND AREA, LAND USE, AUTHORIZATION TO COLLECT7 INCREMENTAL TAX REVENUE, THE EXTENT OF THE USE OF TAX INCREMENT8 FINANCING, THE SCOPE OR NATURE OF THE COUNTY REVITALIZATION9 PROJECT, THE SCOPE OR METHOD OF FINANCING, DESIGN, BUILDING10 REQUIREMENTS, TIMING, OR PROCEDURE, AS PREVIOUSLY APPROVED, OR11 WHERE THE MODIFICATION WILL SUBSTANTIALLY CLARIFY A PLAN THAT,12 WHEN APPROVED, WAS LACKING IN SPECIFICITY AS TO THE COUNTY13 REVITALIZATION PROJECT OR FINANCING, THEN THE MODIFICATION IS A14 SUBSTANTIAL MODIFICATION TO THE COUNTY REVITALIZATION PLAN AND15 SUBJECT TO ALL OF THE REQUIREMENTS OF THIS SECTION .16 (b) A NY PROPOSED COUNTY REVITALIZATION PLAN MODIFICATION17 MUST BE SUBMITTED TO THE GOVERNING BODY FOR APPROVAL .18 (c) N OT LESS THAN THIRTY DAYS BEFORE APPROVING ANY19 MODIFICATION OF THE COUNTY REVITALIZATION PLAN , THE GOVERNING20 BODY OR AUTHORITY SHALL PROVIDE A DETAILED WRITTEN DESCRIPTION21 OF THE PROPOSED MODIFICATION TO EACH TAXING ENTITY THAT LEVIES22 TAXES ON PROPERTY LOCATED WITHIN THE COUNTY REVITALIZATION AREA23 AND TO EACH MUNICIPALITY WITHIN THREE MILES OF THE COUNTY24 REVITALIZATION AREA ALONG WITH A NOTICE OF THE DATE AND TIME OF25 THE MEETING AT WHICH THE GOVERNING BODY WILL CONSIDER THE26 MODIFICATION.27 1172 -41- (d) IF THE COUNTY REVITALIZATION PLAN IS MODIFIED AFTER THE1 LEASE OR SALE BY THE AUTHORITY OF REAL PROPERTY IN THE COUNTY2 REVITALIZATION PROJECT AREA, THAT MODIFICATION IS SUBJECT TO SUCH3 RIGHTS AT LAW OR IN EQUITY AS A LESSEE OR PURCHASER OR THEIR4 SUCCESSOR IN INTEREST MAY BE ENTITLED TO ASSERT .5 (e) T HE COUNTY REVITALIZATION PLAN MODIFICATION IS6 SUBSTANTIAL AND SUBJECT TO ALL OF THE REQUIREMENTS OF THIS7 SECTION IF THE MODIFICATION WILL SUBSTANTIALLY :8 (I) C HANGE PROVISIONS OF THE COUNTY REVITALIZATION PLAN9 REGARDING THE FOLLOWING AS PREVIOUSLY APPROVED :10 (A) L AND AREA;11 (B) L AND USE;12 (C) A UTHORIZATION TO COLLECT INCREMENTAL TAX REVENUE ;13 (D) T HE EXTENT OF THE USE OF TAX INCREMENT FINANCING ;14 (E) T HE SCOPE OR NATURE OF THE COUNTY REVITALIZATION15 PROJECT;16 (F) T HE SCOPE OR METHOD OF FINANCING ;17 (G) D ESIGN;18 (H) B UILDING REQUIREMENTS; OR19 (I) T IMING OR PROCEDURE; OR20 (II) C LARIFY A PLAN THAT, WHEN APPROVED, WAS LACKING IN21 SPECIFICITY AS TO THE COUNTY REVITALIZATION PROJECT OR FINANCING .22 (f) ANY TAXING ENTITY THAT LEVIES TAXES ON PROPERTY23 LOCATED WITHIN THE COUNTY REVITALIZATION AREA AND ANY24 MUNICIPALITY WITH TERRITORY WITHIN THREE MILES OF THE COUNTY25 REVITALIZATION AREA MAY FILE AN ACTION IN A STATE DISTRICT COURT26 EXERCISING JURISDICTION OVER THE COUNTY IN WHICH THE COUNTY27 1172 -42- REVITALIZATION AREA IS LOCATED FOR AN ORDER DETERMINING, UNDER1 A DE NOVO STANDARD OF REVIEW, WHETHER THE MODIFICATION IS A2 SUBSTANTIAL MODIFICATION. IF REQUESTED BY THE TAXING ENTITY OR3 MUNICIPALITY, THE COURT SHALL ENJOIN ANY ACTION BY THE AUTHORITY4 PURSUANT TO THE MODIFICATION UNTIL THE COURT HAS DETERMINED5 WHETHER THE MODIFICATION IS A SUBSTANTIAL MODIFICATION AND , IF6 THE COURT MAKES SUCH A DETERMINATION, THE COURT SHALL FURTHER7 ENJOIN ANY ACTION BY THE AUTHORITY PURSUANT TO THE MODIFICATION8 UNTIL THE AUTHORITY COMPLIES WITH SUBSECTION (8) OF THIS SECTION.9 (11) (a) NO ACTION MAY BE BROUGHT TO ENJOIN ANY ACTIVITY OF10 THE AUTHORITY PURSUANT TO THE COUNTY REVITALIZATION PLAN ,11 INCLUDING THE ISSUANCE OF BONDS , THE INCURRENCE OF OTHER12 FINANCIAL OBLIGATIONS, OR THE PLEDGE OF REVENUE , UNLESS THE13 ACTION IS COMMENCED WITHIN FORTY-FIVE DAYS AFTER THE DATE ON14 WHICH THE AUTHORITY PROVIDED NOTICE OF ITS INTENTION REGARDING15 THE UNDERTAKING OR ACTIVITY .16 (b) (I) T HE NOTICE REQUIRED BY SUBSECTION (11)(a) OF THIS17 SECTION MUST:18 (A) D ESCRIBE THE UNDERTAKING OR ACTIVITY PROPOSED BY THE19 AUTHORITY AND SPECIFY THAT ANY ACTION TO ENJOIN THE UNDERTAKING20 OR ACTIVITY MUST BE BROUGHT WITHIN FORTY -FIVE DAYS FROM THE DATE21 OF THE NOTICE; AND22 (B) B E PUBLISHED IN A NEWSPAPER OF GENERAL CIRCULATION IN23 THE COUNTY.24 (II) O N OR BEFORE THE DATE OF PUBLICATION OF THE NOTICE OF25 INTENTION REQUIRED BY SUBSECTION (11)(a) OF THIS SECTION, THE26 AUTHORITY SHALL ALSO MAIL A COPY OF THE NOTICE TO EACH TAXING27 1172 -43- ENTITY THAT LEVIES TAXES ON PROPERTY WITHIN THE COUNTY1 REVITALIZATION AREA AND TO EACH MUNICIPALITY WITHIN THREE MILES2 OF THE COUNTY REVITALIZATION AREA .3 (12) UPON THE APPROVAL BY THE GOVERNING BODY OF THE4 COUNTY REVITALIZATION PLAN OR A SUBSTANTIAL MODIFICATION TO THE5 COUNTY REVITALIZATION PLAN , THE PROVISIONS OF THAT PLAN ARE6 CONTROLLING WITH RESPECT TO THE LAND AREA , LAND USE, DESIGN,7 BUILDING REQUIREMENTS, TIMING, OR PROCEDURE APPLICABLE TO THE8 PROPERTY COVERED BY THAT PLAN, EXCEPT TO THE EXTENT INCONSISTENT9 WITH THE LAWS OF A MUNICIPALITY FOLLOWING ANNEXATION OF SUCH10 PROPERTY.11 (13) (a) NOTWITHSTANDING ANY LAW TO THE CONTRARY , ANY12 COUNTY REVITALIZATION PLAN , AS ORIGINALLY APPROVED OR AS LATER13 MODIFIED PURSUANT TO THIS ARTICLE 31, MAY CONTAIN A PROVISION14 THAT THE PROPERTY TAXES OF SPECIFICALLY DESIGNATED PUBLIC BODIES15 THAT HAVE JOINED THE AUTHORITY PURSUANT TO SECTION 30-31-104 (6),16 IF ANY, LEVIED AFTER THE EFFECTIVE DATE OF THE APPROVAL OF SUCH17 COUNTY REVITALIZATION PLAN UPON TAXABLE PROPERTY IN THE COUNTY18 REVITALIZATION AREA EACH YEAR OR THAT COUNTY SALES TAXES19 COLLECTED WITHIN SAID AREA , OR BOTH SUCH TAXES, BY OR FOR THE20 BENEFIT OF THE DESIGNATED PUBLIC BODY MUST BE DIVIDED FOR A PERIOD21 NOT TO EXCEED THIRTY YEARS AFTER THE EFFECTIVE DATE OF ADOPTION22 OF SUCH A PROVISION, AS FOLLOWS:23 (I) T HAT PORTION OF THE TAXES PRODUCED BY THE LEVY AT THE24 RATE FIXED EACH YEAR BY OR FOR EACH SUCH PUBLIC BODY UPON THE25 VALUATION FOR ASSESSMENT OF TAXABLE PROPERTY IN THE COUNTY26 REVITALIZATION AREA LAST CERTIFIED BEFORE THE EFFECTIVE DATE OF27 1172 -44- APPROVAL OF THE COUNTY REVITALIZATION PLAN OR , AS TO AN AREA1 LATER ADDED TO THE C OUNTY REVITALIZATION AREA , THE EFFECTIVE2 DATE OF THE MODIFICATION OF THE PLAN , OR THAT PORTION OF COUNTY3 SALES TAXES COLLECTED WITHIN THE BOUNDARIES OF SAID COUNTY4 REVITALIZATION AREA IN THE TWELVE -MONTH PERIOD ENDING ON THE5 LAST DAY OF THE MONTH BEFORE THE EFFECTIVE DATE OF APPROVAL OF6 SAID PLAN, OR BOTH SUCH PORTIONS, MUST BE PAID INTO THE FUNDS OF7 EACH SUCH PUBLIC BODY AS ARE ALL OTHER TAXES COLLECTED BY OR FOR8 THE PUBLIC BODY.9 (II) T HAT PORTION OF THE PROPERTY TAXES OR ALL OR ANY10 PORTION OF THE SALES TAXES, OR BOTH, IN EXCESS OF THE AMOUNT OF11 PROPERTY TAXES OR SALES TAXES PAID INTO THE FUNDS OF EACH SUCH12 PUBLIC BODY IN ACCORDANCE WITH THE REQUIREMENTS OF SUBSECTION13(13)(a)(I) OF THIS SECTION MUST BE ALLOCATED TO AND , WHEN14 COLLECTED, PAID INTO A SPECIAL FUND OF THE AUTHORITY TO PAY THE15 PRINCIPAL OF, THE INTEREST ON, AND ANY PREMIUMS DUE IN CONNECTION16 WITH THE BONDS OF , LOANS OR ADVANCES TO , OR INDEBTEDNESS17 INCURRED BY, WHETHER FUNDED, REFUNDED, ASSUMED, OR OTHERWISE,18 THE AUTHORITY FOR FINANCING OR REFINANCING , IN WHOLE OR IN PART,19 THE COUNTY REVITALIZATION PROJECT , TO MAKE PAYMENTS UNDER AN20 AGREEMENT EXECUTED PURSUANT TO THIS SECTION , OR FOR ANY OTHER21 PURPOSES AUTHORIZED BY THIS ARTICLE 31. ANY EXCESS COUNTY SALES22 TAX OR PROPERTY TAX COLLECTIONS NOT ALLOCATED PURSUANT TO THIS23 SUBSECTION (13)(a)(II) MUST BE PAID INTO THE FUNDS OF THE COUNTY OR24 OTHER TAXING ENTITY, AS APPLICABLE. UNLESS AND UNTIL THE TOTAL25 VALUATION FOR ASSESSMENT OF THE TAXABLE PROPERTY IN THE COUNTY26 REVITALIZATION AREA EXCEEDS THE BASE VALUATION FOR ASSESSMENT27 1172 -45- OF THE TAXABLE PROPERTY IN THE COUNTY REVITALIZATION AREA , AS1 PROVIDED IN SUBSECTION (13)(a)(I) OF THIS SECTION, ALL OF THE TAXES2 LEVIED UPON THE TAXABLE PROPERTY IN SUCH COUNTY REVITALIZATION3 AREA MUST BE PAID INTO THE FUNDS OF THE RESPECTIVE PUBLIC BODIES .4 U NLESS AND UNTIL THE TOTAL COUNTY SALES TAX COLLECTIONS IN THE5 COUNTY REVITALIZATION AREA EXCEED THE BASE YEAR COUNTY SALES6 TAX COLLECTIONS IN SUCH COUNTY REVITALIZATION AREA , AS PROVIDED7 IN SUBSECTION (13)(a)(I) OF THIS SECTION, ALL SUCH SALES TAX8 COLLECTIONS MUST BE PAID INTO THE FUNDS OF THE COUNTY . WHEN SUCH9 BONDS, LOANS, ADVANCES, AND INDEBTEDNESS, IF ANY, INCLUDING10 INTEREST THEREON AND ANY PREMIUMS DUE IN CONNECTION THEREWITH ,11 HAVE BEEN PAID, ALL TAXES UPON THE TAXABLE PROPERTY OR THE TOTAL12 COUNTY SALES TAX COLLECTIONS , OR BOTH, IN THE COUNTY13 REVITALIZATION AREA MUST BE PAID INTO THE FUNDS OF THE RESPECTIVE14 PUBLIC BODIES, AND ALL MONEY REMAINING IN THE SPECIAL FUND15 ESTABLISHED PURSUANT TO THIS SUBSECTION (13)(a)(II) THAT HAS NOT16 PREVIOUSLY BEEN REBATED AND THAT ORIGINATED AS PROPERTY TAX17 INCREMENT GENERATED BASED ON THE MILL LEVY OF A TAXING ENTITY ,18 OTHER THAN THE COUNTY , WITHIN THE BOUNDARIES OF THE COUNTY19 REVITALIZATION AREA MUST BE REPAID TO EACH TAXING ENTITY BASED20 ON THE PRO RATA SHARE OF THE PRIOR YEAR'S PROPERTY TAX INCREMENT21 ATTRIBUTABLE TO EACH TAXING ENTITY 'S CURRENT MILL LEVY IN WHICH22 PROPERTY TAXES WERE DIVIDED PURSUANT TO THIS SUBSECTION (13).23 A NY MONEY REMAINING IN THE SPECIAL FUND NOT GENERATED BY24 PROPERTY TAX INCREMENT IS EXCLUDED FROM ANY SUCH REPAYMENT25 REQUIREMENT. NOTWITHSTANDING ANY OTHER PROVISION OF LAW , ANY26 ADDITIONAL REVENUES RESULTING BECAUSE THE VOTERS HAVE27 1172 -46- AUTHORIZED THE MUNICIPALITY, COUNTY, OR SPECIAL DISTRICT TO RETAIN1 AND SPEND SAID REVENUES PURSUANT TO SECTION 20 (7)(d) OF ARTICLE2 X OF THE STATE CONSTITUTION SUBSEQUENT TO THE CREATION OF THE3 SPECIAL FUND PURSUANT TO THIS SUBSECTION (13)(a)(II) OR AS A RESULT4 OF AN INCREASE IN THE PROPERTY TAX MILL LEVY APPROVED BY THE5 VOTERS OF THE MUNICIPALITY , COUNTY, OR SPECIAL DISTRICT6 SUBSEQUENT TO THE CREATION OF THE SPECIAL FUND , TO THE EXTENT THE7 TOTAL MILL LEVY OF THE MUNICIPALITY , COUNTY, OR SPECIAL DISTRICT8 EXCEEDS THE RESPECTIVE MILL LEVY IN EFFECT AT THE TIME OF APPROVAL9 OR SUBSTANTIAL MODIFICATION OF THE COUNTY REVITALIZATION PLAN ,10 MUST NOT BE PLEDGED BY AN AUTHORITY FOR THE PAYMENT OF ANY11 BONDS OF, ANY LOANS OR ADVANCES TO , OR ANY INDEBTEDNESS12 INCURRED BY THE AUTHORITY WITHOUT THE CONSENT OF THE RELEVANT13 MUNICIPALITY, COUNTY, OR SPECIAL DISTRICT. TO THE EXTENT THE14 AUTHORITY HAS RECEIVED THE NOTIFICATION SPECIFIED IN THIS15 SUBSECTION (13)(a)(II), SUCH ADDITIONAL REVENUES MUST THEN BE16 PROMPTLY REPAID BY THE AUTHORITY TO THE COUNTY OR OTHER TAXING17 ENTITY. THE AUTHORITY MUST BE NOTIFIED OF THE AMOUNT OF18 ADDITIONAL REVENUES AND THE CALCULATIONS USED IN COMPUTING THE19 AMOUNT BY THE APPLICABLE COUNTY OR OTHER TAXING ENTITY BEFORE20 MAKING REPAYMENT AND , IN ANY EVENT, NOT LATER THAN FEBRUARY 121 OF EACH FISCAL YEAR FOLLOWING THE YEAR IN WHICH A22 VOTER-APPROVED REVENUE INCREASE HAS TAKEN EFFECT . THE23 AUTHORITY AND COUNTY OR ANY OTHER TAXING ENTITY MAY NEGOTIATE24 FOR THE PURPOSE OF ENTERING INTO AN AGREEMENT ON THE ISSUES OF25 THE AMOUNT OF REPAYMENT , THE MECHANICS OF HOW REPAYMENT OF26 THE ADDITIONAL REVENUES WILL BE ACCOMPLISHED , A METHOD FOR27 1172 -47- RESOLVING DISPUTES REGARDING THE AMOUNT OF REPAYMENT , AND1 WHETHER THE COUNTY OR TAXING ENTITY WILL WAIVE THE REPAYMENT2 REQUIREMENT, SINGULARLY OR IN COMBINATION, AND MAY ENTER INTO3 AN INTERGOVERNMENTAL AGREEMENT REGARDING ANY OF THESE ISSUES .4 (III) I N CALCULATING AND MAKING PAYMENTS AS DESCRIBED IN5 SUBSECTION (13)(a)(II) OF THIS SECTION, THE COUNTY TREASURER MAY6 OFFSET THE AUTHORITY'S PRO RATA PORTION OF ANY PROPERTY TAXES7 THAT ARE PAID TO THE AUTHORITY UNDER THE TERMS OF SUBSECTION8 (13)(a)(II) OF THIS SECTION AND THAT ARE SUBSEQUENTLY REFUNDED TO9 THE TAXPAYER AGAINST ANY SUBSEQUENT PAYMENTS DUE TO THE10 AUTHORITY FOR THE COUNTY REVITALIZATION PROJECT . THE AUTHORITY11 SHALL MAKE ADEQUATE PROVISION FOR THE RETURN OF OVERPAYMENTS12 IN THE EVENT THAT THERE ARE NOT SUFFICIENT PROPERTY TAXES DUE TO13 THE AUTHORITY TO OFFSET THE AUTHORITY 'S PRO RATA PORTION OF THE14 REFUNDS. THE PROVISIONS OF THIS SUBSECTION (13)(a)(III) DO NOT APPLY15 TO A CITY AND COUNTY.16 (IV) N O PROPERTY WITHIN A REVITALIZATION AREA PURSUANT TO17 WHICH ANY BONDS OF , LOANS OR ADVANCES TO , OR INDEBTEDNESS18 INCURRED BY AN AUTHORITY PURSUANT TO SUBSECTION (13)(a)(II) OF19 THIS SECTION ARE OUTSTANDING MAY BE INCLUDED WITHIN AN URBAN20 RENEWAL AREA OR ANY OTHER PROPERTY TAX INCREMENT AREA UNLESS21 THE AUTHORITY ENTERS INTO AN AGREEMENT THAT PROVIDES FOR EITHER22 THE ASSUMPTION OR THE DEFEASANCE OF ALL SUCH BONDS , LOANS,23 ADVANCES, OR INDEBTEDNESS.24 (V) A COUNTY REVITALIZATION PLAN SHALL NOT BE AFFECTED BY25 THE ANNEXATION OF ANY PROPERTY IN THE COUNTY REVITALIZATION26 AREA.27 1172 -48- (b) THE PORTION OF TAXES DESCRIBED IN SUBSECTION (13)(a)(II)1 OF THIS SECTION MAY BE IRREVOCABLY PLEDGED BY THE AUTHORITY FOR2 THE PAYMENT OF THE PRINCIPAL OF , THE INTEREST ON, AND ANY3 PREMIUMS DUE IN CONNECTION WITH SUCH BONDS , LOANS, ADVANCES,4 AND INDEBTEDNESS. THIS IRREVOCABLE PLEDGE DOES NOT EXTEND TO5 ANY TAXES THAT ARE PLACED IN A RESERVE FUND TO BE RETURNED TO6 THE COUNTY FOR REFUNDS OF OVERPAYMENTS BY TAXPAYERS ; EXCEPT7 THAT THIS LIMITATION ON THE EXTENSION OF THE IRREVOCABLE PLEDGE8 DOES NOT APPLY TO A CITY AND COUNTY .9 (c) A S USED IN THIS SUBSECTION (13), "TAXES" INCLUDES,10 WITHOUT LIMITATION, ALL LEVIES AUTHORIZED TO BE MADE ON AN AD11 VALOREM BASIS UPON REAL AND PERSONAL PROPERTY OR COUNTY SALES12 TAXES; BUT NOTHING IN THIS SUBSECTION (13) REQUIRES ANY PUBLIC13 BODY TO LEVY TAXES.14 (d) I F THE COUNTY REVITALIZATION AREA INCLUDES SINGLE - AND15 MULTI-FAMILY RESIDENCES, A SCHOOL DISTRICT WHICH INCLUDES ALL OR16 ANY PART OF THE COUNTY REVITALIZATION AREA MUST BE PERMITTED TO17 PARTICIPATE IN AN ADVISORY CAPACITY WITH RESPECT TO THE INCLUSION18 IN THE COUNTY REVITALIZATION PLAN OF THE PROVISION PROVIDED FOR19 BY THIS SUBSECTION (13).20 (e) I F THERE IS A GENERAL REASSESSMENT OF TAXABLE PROPERTY21 VALUATIONS IN ANY COUNTY INCLUDING ALL OR PART OF THE COUNTY22 REVITALIZATION AREA SUBJECT TO DIVISION OF VALUATION FOR23 ASSESSMENT UNDER SUBSECTION (13)(a) OF THIS SECTION OR A CHANGE24 IN THE SALES TAX RATE LEVIED IN ANY COUNTY INCLUDING ALL OR PART25 OF THE COUNTY REVITALIZATION AREA SUBJECT TO DIVISION OF SALES26 TAXES UNDER SUBSECTION (13)(a) OF THIS SECTION, THE PORTIONS OF27 1172 -49- VALUATIONS FOR ASSESSMENT OR SALES TAXES UNDER SUBSECTIONS1 (13)(a)(I) AND (13)(a)(II) OF THIS SECTION MUST BE PROPORTIONATELY2 ADJUSTED IN ACCORDANCE WITH THE REASSESSMENT OR CHANGE .3 (f) N OTWITHSTANDING THE THIRTY -YEAR PERIOD OF LIMITATION4 SET FORTH IN SUBSECTION (13)(a) OF THIS SECTION, ANY COUNTY5 REVITALIZATION PLAN, AS ORIGINALLY APPROVED OR AS LATER MODIFIED6 PURSUANT TO THIS ARTICLE 31, MAY CONTAIN A PROVISION THAT THE7 COUNTY SALES TAXES COLLECTED IN THE COUNTY REVITALIZATION AREA8 EACH YEAR OR THE COUNTY PORTION OF TAXES LEVIED UPON TAXABLE9 PROPERTY WITHIN THE AREA, OR BOTH SUCH TAXES, MAY BE ALLOCATED10 AS DESCRIBED IN THIS SUBSECTION (13) FOR A PERIOD IN EXCESS OF11 THIRTY YEARS AFTER THE EFFECTIVE DATE OF THE ADOPTION OF THE12 PROVISION IF THE EXISTING BONDS ARE IN DEFAULT OR ABOUT TO GO INTO13 DEFAULT; EXCEPT THAT THE TAXES MAY NOT BE ALLOCATED AFTER ALL14 BONDS OF THE AUTHORITY ISSUED PURSUANT TO SUCH PLAN INCLUDING15 LOANS, ADVANCES, AND INDEBTEDNESS, IF ANY, AND INTEREST THEREON,16 AND ANY PREMIUMS DUE IN CONNECTION THEREWITH HAVE BEEN REPAID . 17 (g) N OTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION ,18 IF ONE OR MORE OF THE CONDITIONS SPECIFIED IN SUBSECTION (1)(c)(II)19 OF THIS SECTION HAVE BEEN SATISFIED SO THAT AGRICULTURAL LAND IS20 INCLUDED WITHIN THE COUNTY REVITALIZATION AREA , THE COUNTY21 ASSESSOR SHALL VALUE THE AGRICULTURAL LAND AT ITS FAIR MARKET22 VALUE IN MAKING THE CALCULATION OF THE TAXES TO BE PAID TO THE23 PUBLIC BODIES PURSUANT TO SUBSECTION (13)(a)(I) OF THIS SECTION24 SOLELY FOR THE PURPOSE OF DETERMINING THE TAX INCREMENT25 AVAILABLE PURSUANT TO SUBSECTION (13)(a)(II) OF THIS SECTION.26 N OTHING IN THIS SECTION AFFECTS THE ACTUAL OR REQUIRED27 1172 -50- CLASSIFICATION OF AGRICULTURAL LAND FOR PROPERTY TAX PURPOSES ,1 AND NOTHING IN THIS SECTION AFFECTS THE TAXES ACTUALLY TO BE PAID2 TO THE PUBLIC BODIES PURSUANT TO SUBSECTION (13)(a)(I) OF THIS3 SECTION, WHICH MUST CONTINUE TO BE BASED ON THE AGRICULTURAL4 CLASSIFICATION OF SUCH LAND UNLESS AND UNTIL IT HAS BEEN5 RECLASSIFIED IN THE NORMAL COURSE OF THE ASSESSMENT PROCESS . 6 (h) T HE MANNER AND METHODS BY WHICH THE REQUIREMENTS OF7 THIS SUBSECTION (13) ARE TO BE IMPLEMENTED BY COUNTY ASSESSORS8 MUST BE CONTAINED IN SUCH MANUALS , APPRAISAL PROCEDURES, AND9 INSTRUCTIONS, AS APPLICABLE, THAT THE PROPERTY TAX ADMINISTRATOR10 IS AUTHORIZED TO PREPARE AND PUBLISH PURSUANT TO SECTION 39-2-10911 (1)(e).12 (i) W ITHIN THE TWELVE-MONTH PERIOD BEFORE THE EFFECTIVE13 DATE OF THE APPROVAL OR MODIFICATION OF THE COUNTY14 REVITALIZATION PLAN REQUIRING THE ALLOCATION OF MONEY TO THE15 AUTHORITY PURSUANT TO SUBSECTION (13)(a) OF THIS SECTION, THE16 MUNICIPALITY, COUNTY, OR SPECIAL DISTRICT IS ENTITLED TO THE17 REIMBURSEMENT OF ANY MONEY THAT THE MUNICIPALITY , COUNTY, OR18 SPECIAL DISTRICT PAYS TO, CONTRIBUTES TO, OR INVESTS IN THE19 AUTHORITY FOR THE PROJECT. THE REIMBURSEMENT MUST BE PAID FROM20 THE SPECIAL FUND OF THE AUTHORITY ESTABLISHED PURSUANT TO21 SUBSECTION (13)(a) OF THIS SECTION.22 23 (14) (a) NOTWITHSTANDING ANY OTHER PROVISION OF LAW , THE24 GOVERNING BODY MAY PROVIDE IN THE COUNTY REVITALIZATION PLAN25 THAT THE VALUATION ATTRIBUTABLE TO THE EXTRACTION OF MINERAL26 RESOURCES LOCATED WITHIN THE COUNTY REVITALIZATION AREA IS NOT27 1172 -51- SUBJECT TO THE DIVISION THAT IS OTHERWISE REQUIRED BY SUBSECTION1 (13)(a) OF THIS SECTION. IN SUCH CIRCUMSTANCES, THE TAXES LEVIED ON2 THE VALUATION MUST BE DISTRIBUTED TO THE TAXING ENTITIES AS IF THE3 COUNTY REVITALIZATION PLAN WAS NOT IN EFFECT .4 (b) A S USED IN THIS SUBSECTION (14):5 (I) "M INERAL RESOURCES" HAS THE SAME MEANING AS SPECIFIED6 IN SECTION 36-1-100.3 (3).7 (II) "V ALUATION ATTRIBUTABLE TO THE EXTRACTION OF MINERAL8 RESOURCES" INCLUDES:9 (A) T HE VALUE OF OIL AND GAS LEASEHOLDS AND LAND AND10 SUBSURFACE OIL AND GAS WELL EQUIPMENT THAT IS VALUED FOR11 ASSESSMENT PURPOSES AS REAL PROPERTY UNDER SECTIONS 39-7-10212 AND 39-7-103; AND13 (B) S URFACE OIL AND GAS WELL EQUIPMENT AND SUBMERSIBLE14 PUMPS AND SUCKER RODS THAT ARE LOCATED ON OIL AND GAS15 LEASEHOLDS AND LAND AND THAT ARE VALUED FOR ASSESSMENT16 PURPOSES AS PERSONAL PROPERTY UNDER SECTION 39-7-103.17 (15) THE COUNTY IN WHICH THE COUNTY REVITALIZATION18 AUTHORITY HAS BEEN ESTABLISHED SHALL TIMELY NOTIFY THE ASSESSOR19 WHEN:20 (a) T HE COUNTY REVITALIZATION PLAN OR A SUBSTANTIAL21 MODIFICATION OF THE PLAN HAS BEEN APPROVED THAT CONTAINS THE22 PROVISIONS REFERENCED IN SUBSECTION (13)(a) OF THIS SECTION OR A23 SUBSTANTIAL MODIFICATION OF THE PLAN ADDS LAND TO THE PLAN ,24 WHICH PLAN CONTAINS THE PROVISIONS REFERENCED IN SUBSECTION25 (13)(a) OF THIS SECTION;26 (b) A NY OUTSTANDING OBLIGATION INCURRED BY THE AUTHORITY27 1172 -52- PURSUANT TO THE PROVISIONS OF SUBSECTION (13) OF THIS SECTION HAS1 BEEN PAID OFF; AND2 (c) T HE PURPOSES OF THE AUTHORITY HAVE OTHERWISE BEEN3 ACHIEVED.4(16) (a) NOT LATER THAN THIRTY DAYS AFTER THE COUNTY HAS5 PROVIDED THE COUNTY ASSESSOR THE NOTICE REQUIRED BY SUBSECTION6 (15)(a) OF THIS SECTION, THE COUNTY ASSESSOR MAY PROVIDE WRITTEN7 NOTICE TO THE COUNTY IF THE ASSESSOR BELIEVES THAT AGRICULTURAL8 LAND HAS BEEN IMPROPERLY INCLUDED IN THE COUNTY REVITALIZATION9 AREA IN VIOLATION OF SUBSECTION (1)(c)(II) OF THIS SECTION.10 (b) I F THE NOTICE DESCRIBED IN SUBSECTION (15)(a) OF THIS11 SECTION IS NOT DELIVERED WITHIN THE REQUIRED THIRTY -DAY PERIOD,12 THE INCLUSION OF THE LAND IN THE C OUNTY REVITALIZATION AREA AS13 DESCRIBED IN THE COUNTY REVITALIZATION PLAN IS INCONTESTABLE IN14 ANY SUIT OR PROCEEDING NOTWITHSTANDING THE PRESENCE OF ANY15 CAUSE.16 30-31-110. Disaster areas. (1) N OTWITHSTANDING ANY OTHER17 PROVISIONS OF THIS ARTICLE 31, WHEN THE GOVERNING BODY CERTIFIES18 THAT AN AREA IS IN NEED OF REDEVELOPMENT OR REHABILITATION AS A19 RESULT OF A FLOOD, FIRE, HURRICANE, EARTHQUAKE, STORM, OR OTHER20 CATASTROPHE FOR WHICH THE GOVERNOR HAS CERTIFIED THE NEED FOR21 DISASTER ASSISTANCE PURSUANT TO THE "FEDERAL DISASTER RELIEF22 A CT", PUB. L. 81-875, AS AMENDED, OR ANY OTHER RELEVANT FEDERAL23 LAW, THE GOVERNING BODY MAY DEEM SUCH AN AREA TO BE A24 REVITALIZATION AREA.25 (2) T HE AUTHORITY MAY PREPARE AND SUBMIT TO THE26 GOVERNING BODY A PROPOSED COUNTY REVITALIZATION PLAN AND27 1172 -53- PROPOSED COUNTY REVITALIZATION PROJECT FOR AN AREA DEEMED A1 REVITALIZATION AREA PURSUANT TO SUBSECTION (1) OF THIS SECTION OR2 FOR ANY PORTION THEREOF , AND THE GOVERNING BODY MAY , BY3 RESOLUTION, APPROVE SUCH A PROPOSED COUNTY REVITALIZATION PLAN4 AND COUNTY REVITALIZATION PROJECT WITH OR WITHOUT MODIFICATIONS5 WITHOUT REGARD TO THE PROVISIONS OF THIS ARTICLE 31 REQUIRING A6 GENERAL OR MASTER PLAN FOR THE PHYSICAL DEVELOPMENT OF THE7 COUNTY AS A WHOLE , REVIEW BY THE PLANNING COMMISSION , OR A8 PUBLIC HEARING.9 30-31-111. Issuance of bonds by an authority. (1) A N10 AUTHORITY HAS POWER TO ISSUE BONDS OF THE AUTHORITY FROM TIME TO11 TIME IN ITS DISCRETION TO FINANCE ITS ACTIVITIES OR OPERATIONS12 PURSUANT TO THIS ARTICLE 31, INCLUDING THE REPAYMENT WITH13 INTEREST OF ANY ADVANCES OR LOANS OF FUNDS MADE TO THE14 AUTHORITY BY THE FEDERAL GOVERNMENT OR OTHER SOURCE FOR ANY15 SURVEYS OR PLANS MADE OR TO BE MADE BY THE AUTHORITY IN16 EXERCISING ITS POWERS PURSUANT TO THIS ARTICLE 31 AND ALSO HAS17 POWER TO ISSUE REFUNDING OR OTHER BONDS OF THE AUTHORITY IN ITS18 DISCRETION FOR THE PAYMENT, RETIREMENT, RENEWAL, OR EXTENSION OF19 ANY BONDS PREVIOUSLY ISSUED PURSUANT TO THIS SECTION AND TO20 PROVIDE FOR THE REPLACEMENT OF LOST , DESTROYED, OR MUTILATED21 BONDS PREVIOUSLY ISSUED PURSUANT TO THIS SECTION .22 (2) (a) B ONDS ISSUED PURSUANT TO THIS SECTION MAY BE23 GENERAL OBLIGATION BONDS OF THE AUTHORITY THE PAYMENT OF WHICH ,24 AS TO PRINCIPAL AND INTEREST AND PREMIUMS , IF ANY, THE FULL FAITH,25 CREDIT, AND ASSETS, ACQUIRED AND TO BE ACQUIRED, OF THE AUTHORITY26 ARE IRREVOCABLY PLEDGED .27 1172 -54- (b) BONDS ISSUED PURSUANT TO THIS SECTION MAY BE SPECIAL1 OBLIGATIONS OF THE AUTHORITY WHICH , AS TO PRINCIPAL AND INTEREST2 AND PREMIUMS, IF ANY, ARE PAYABLE SOLELY FROM AND SECURED ONLY3 BY A PLEDGE OF ANY INCOME, PROCEEDS, REVENUES, OR FUNDS OF THE4 AUTHORITY DERIVED OR TO BE DERIVED BY IT FROM OR HELD OR TO BE5 HELD BY IT IN CONNECTION WITH ITS UNDERTAKING OF ANY PROJECT OF6 THE AUTHORITY, INCLUDING MONEY TO BE PAID TO AN AUTHORITY7 PURSUANT TO SECTION 30-31-109 (13) AND INCLUDING ANY GRANTS OR8 CONTRIBUTIONS OF MONEY MADE OR TO BE MADE BY IT WITH RESPECT TO9 ANY SUCH PROJECT AND ANY MONEY DERIVED OR TO BE DERIVED BY IT10 FROM OR HELD OR TO BE HELD BY IT IN CONNECTION WITH ITS SALE, LEASE,11 RENTAL, TRANSFER, RETENTION, MANAGEMENT , REHABILITATION,12 CLEARANCE, DEVELOPMENT, REDEVELOPMENT , PREPARATION FOR13 DEVELOPMENT OR REDEVELOPMENT , OR ITS OPERATION OR OTHER14 UTILIZATION OR DISPOSITION OF ANY REAL OR PERSONAL PROPERTY15 ACQUIRED OR TO BE ACQUIRED BY IT OR HELD OR TO BE HELD BY IT FOR16 ANY OF THE PURPOSES OF THIS ARTICLE 31 AND INCLUDING ANY LOANS,17 GRANTS, OR CONTRIBUTIONS OF FUNDS MADE OR TO BE MADE TO IT BY THE18 FEDERAL GOVERNMENT IN AID OF ANY PROJECT OF THE AUTHORITY OR IN19 AID OF ANY OF ITS OTHER ACTIVITIES OR OPERATIONS.20 (c) B ONDS ISSUED PURSUANT TO THIS SECTION MAY BE SPECIAL21 OBLIGATIONS OF THE AUTHORITY THAT , AS TO PRINCIPAL AND INTEREST22 AND PREMIUMS, IF ANY, ARE PAYABLE SOLELY FROM AND SECURED ONLY23 BY A PLEDGE OF ANY L OANS , GRANTS, OR CONTRIBUTIONS OF MONEY24 MADE OR TO BE MADE TO IT BY THE FEDERAL GOVERNMENT OR OTHER25 SOURCE IN AID OF ANY PROJECT OF THE AUTHORITY OR IN AID OF ANY OF26 ITS OTHER ACTIVITIES OR OPERATIONS.27 1172 -55- (d) BONDS ISSUED PURSUANT TO THIS SECTION MAY BE1 CONTINGENT SPECIAL OBLIGATIONS OF THE AUTHORITY WHICH , AS TO2 PRINCIPAL AND INTEREST AND PREMIUMS , IF ANY, ARE PAYABLE SOLELY3 FROM ANY MONEY AVAILABLE OR BECOMING AVAILABLE TO THE4 AUTHORITY FOR ITS UNDERTAKING OF THE PROJECT INVOLVED IN THE5 PARTICULAR ACTIVITIES OR OPERATIONS WITH RESPECT TO WHICH THE6 CONTINGENT SPECIAL OBLIGATIONS ARE ISSUED BUT PAYABLE ONLY IF7 MONEY IS OR BECOMES AVAILABLE AS PROVIDED IN THIS SUBSECTION (2).8 (3) N OTWITHSTANDING ANY OTHER PROVISIONS OF THIS SECTION ,9 ANY BONDS ISSUED PURSUANT TO THIS SECTION , OTHER THAN THE10 CONTINGENT SPECIAL OBLIGATIONS COVERED BY SUBSECTION (2)(d) OF11 THIS SECTION, MAY BE ADDITIONALLY SECURED AS TO THE PAYMENT OF12 THE PRINCIPAL AND INTEREST AND PREMIUMS , IF ANY, BY A MORTGAGE OF13 ANY COUNTY REVITALIZATION PROJECT , OR ANY PART THEREOF, TITLE TO14 WHICH IS THEN OR THEREAFTER IN THE AUTHORITY OR OF ANY OTHER15 REAL OR PERSONAL PROPERTY OR INTERESTS THEREIN THEN OWNED OR16 THEREAFTER ACQUIRED BY THE AUTHORITY .17 (4) N OTWITHSTANDING ANY OTHER PROVISIONS OF THIS SECTION ,18 GENERAL OBLIGATION BONDS ISSUED PURSUANT TO THIS SECTION MAY BE19 ADDITIONALLY SECURED AS TO PAYMENT OF THE PRINCIPAL AND INTEREST20 AND PREMIUMS, IF ANY, AS PROVIDED IN EITHER SUBSECTION (2)(b) OR21 SUBSECTION (2)(c) OF THIS SECTION, WITH OR WITHOUT BEING ALSO22 ADDITIONALLY SECURED AS TO PAYMENT OF THE PRINCIPAL , INTEREST,23 AND PREMIUMS, IF ANY, BY A MORTGAGE AS PROVIDED IN SUBSECTION (3)24 OF THIS SECTION OR A TRUST AGREEMENT AS PROVIDED IN SUBSECTION (5)25 OF THIS SECTION.26 (5) N OTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION ,27 1172 -56- ANY BONDS PURSUANT TO THIS SECTION MAY BE ADDITIONALLY SECURED1 AS TO THE PAYMENT OF THE PRINCIPAL, INTEREST, AND PREMIUMS, IF ANY,2 BY A TRUST AGREEMENT BY AND BETWEEN THE AUTHORITY AND A3 CORPORATE TRUSTEE, WHICH MAY BE ANY TRUST COMPANY OR BANK4 HAVING THE POWERS OF A TRUST COMPANY WITHIN OR WITHOUT THE5 STATE OF COLORADO.6 (6) B ONDS ISSUED PURSUANT TO THIS SECTION DO NOT7 CONSTITUTE AN INDEBTEDNESS OF THE STATE OF COLORADO OR OF ANY8 COUNTY, MUNICIPALITY, OR PUBLIC BODY OF THE STATE OF COLORADO9 OTHER THAN THE COUNTY REVITALIZATION AUTHORITY ISSUING SUCH10 BONDS AND ARE NOT SUBJECT TO THE PROVISIONS OF ANY OTHER LAW OR11 OF THE CHARTER OF ANY COUNTY RELATING TO THE AUTHORIZATION ,12 ISSUANCE, OR SALE OF BONDS.13 (7) B ONDS ISSUED PURSUANT TO THIS SECTION ARE ISSUED FOR AN14 ESSENTIAL PUBLIC AND GOVERNMENTAL PURPOSE AND , TOGETHER WITH15 INTEREST THEREON AND INCOME THEREFROM , ARE EXEMPT FROM ALL16 TAXES.17 (8) (a) B ONDS ISSUED PURSUANT TO THIS SECTION MUST BE18 AUTHORIZED BY A RESOLUTION OF THE AUTHORITY AND MAY BE ISSUED IN19 ONE OR MORE SERIES AND MUST BEAR SUCH DATE , BE PAYABLE UPON20 DEMAND OR MATURE AT SUCH TIME , BEAR INTEREST AT SUCH RATE, BE IN21 SUCH DENOMINATION, BE IN SUCH FORM, EITHER COUPON OR REGISTERED22 OR OTHERWISE, CARRY SUCH CONVERSION OR REGISTRATION PRIVILEGES ,23 HAVE SUCH RANK OR PRIORITY , BE EXECUTED IN THE NAME OF THE24 AUTHORITY IN SUCH MANNER, BE PAYABLE IN SUCH MEDIUM OF PAYMENT,25 BE PAYABLE AT SUCH PLACE , BE SUBJECT TO SUCH CALLABILITY26 PROVISIONS OR TERMS OF REDEMPTION , WITH OR WITHOUT PREMIUMS, BE27 1172 -57- SECURED IN SUCH MANNER , BE OF SUCH DESCRIPTION, CONTAIN OR BE1 SUBJECT TO SUCH COVENANTS , PROVISIONS, TERMS, CONDITIONS, AND2 AGREEMENTS INCLUDING PROVISIONS CONCERNING EVENTS OF DEFAULT ,3 AND HAVE SUCH OTHER CHARACTERISTICS AS MAY BE PROVIDED BY THE4 RESOLUTION OR BY THE TRUST AGREEMENT , INDENTURE, OR MORTGAGE,5 IF ANY, ISSUED PURSUANT TO THE RESOLUTION .6 (b) T HE SEAL, OR A FACSIMILE THEREOF, OF THE AUTHORITY MUST7 BE AFFIXED, IMPRINTED, ENGRAVED, OR OTHERWISE REPRODUCED UPON8 EACH OF ITS BONDS ISSUED PURSUANT TO THIS SECTION .9 (c) B ONDS ISSUED PURSUANT TO THIS SECTION MUST BE EXECUTED10 IN THE NAME OF THE AUTHORITY BY THE MANUAL , OR FACSIMILE11 SIGNATURES OF SUCH OF ITS OFFICIALS AS MAY BE DESIGNATED IN THE12 SAID RESOLUTION OR TRUST AGREEMENT , INDENTURE, OR MORTGAGE;13 EXCEPT THAT AT LEAST ONE SIGNATURE ON EACH SUCH BOND MUST BE A14 MANUAL SIGNATURE.15 (d) C OUPONS, IF ANY, ATTACHED TO BONDS ISSUED PURSUANT TO16 THIS SECTION MUST BEAR THE FACSIMILE SIGNATURE OF AN OFFICIAL OF17 THE AUTHORITY DESIGNATED PURSUANT TO THIS SUBSECTION (8).18 (e) A RESOLUTION OR TRUST AGREEMENT , INDENTURE, OR19 MORTGAGE MAY PROVIDE FOR THE AUTHENTICATION OF THE PERTINENT20 BONDS BY THE TRUSTEE.21 (9) B ONDS ISSUED PURSUANT TO THIS SECTION MAY BE SOLD BY22 THE AUTHORITY IN SUCH MANNER AND FOR SUCH PRICE AS THE AUTHORITY23 MAY DETERMINE, AT PAR, BELOW PAR, OR ABOVE PAR, AT PRIVATE SALE24 OR AT PUBLIC SALE AFTER NOTICE PUBLISHED BEFORE SALE IN A25 NEWSPAPER HAVING GENERAL CIRCULATION IN THE COUNTY OR IN26 ANOTHER MEDIUM OF PUBLICATION THAT THE AUTHORITY MAY DEEM27 1172 -58- APPROPRIATE.1 (10) B ONDS ISSUED PURSUANT TO THIS SECTION MAY BE2 EXCHANGED BY THE AUTHORITY FOR OTHER BONDS ISSUED BY IT3 PURSUANT TO THIS SECTION.4 (11) B ONDS ISSUED PURSUANT TO THIS SECTION MAY BE SOLD BY5 AN AUTHORITY TO THE FEDERAL GOVERNMENT IF THE AUTHORITY SELLS6 LESS THAN ALL OF THE AUTHORIZED PRINCIPAL AMOUNT OF THE BONDS TO7 THE FEDERAL GOVERNMENT , THE AUTHORITY MAY SELL THE BALANCE OR8 ANY PORTION OF THE BALANCE AT PRIVATE SALE AT PAR , BELOW PAR, OR9 ABOVE PAR, AT AN INTEREST COST TO THE AUTHORITY NOT TO EXCEED THE10 INTEREST COST TO THE AUTHORITY OF THE PORTION OF THE BONDS SOLD11 BY THE AUTHORITY TO THE FEDERAL GOVERNMENT .12 30-31-112. Property of an authority exempt from taxes and13 from levy and sale by virtue of an execution. (1) (a) A LL PROPERTY OF14 AN AUTHORITY, INCLUDING ALL MONEY OWNED OR HELD BY IT FOR ANY OF15 THE PURPOSES OF THIS ARTICLE 31, IS EXEMPT FROM BOTH THE LEVY OF16 PROPERTY TAXES AND SALE BY VIRTUE OF AN EXECUTION , AND NO SUCH17 EXECUTION OR OTHER JUDICIAL PROCESS MAY ISSUE AGAINST THE18 PROPERTY OF AN AUTHORITY NOR MAY A JUDGMENT AGAINST THE19 AUTHORITY BE A CHARGE OR LIEN UPON SUCH PROPERTY .20 (b) T HIS SUBSECTION (1) DOES NOT APPLY TO OR LIMIT EITHER:21 (I) T HE RIGHT OF OBLIGEES TO FORECLOSE OR OTHERWISE22 ENFORCE ANY MORTGAGE , DEED OF TRUST , TRUST AGREEMENT ,23 INDENTURE, OR OTHER ENCUMBRANCE OF THE AUTHORITY ; OR24 (II) T HE RIGHT OF OBLIGEES TO PURSUE ANY REMEDIES FOR THE25 ENFORCEMENT OF ANY PLEDGE OR LIEN GIVEN BY THE AUTHORITY26 PURSUANT TO THIS ARTICLE 31 ON ITS RENTS, INCOME, PROCEEDS,27 1172 -59- REVENUES, LOANS, GRANTS, CONTRIBUTIONS, AND OTHER MONEY AND1 ASSETS DERIVED OR ARISING FROM ANY PROJECT OF THE AUTHORITY OR2 FROM ANY OF ITS OPERATIONS OR ACTIVITIES PURSUANT TO THIS ARTICLE3 31.4 (2) A LL PROPERTY OF AN AUTHORITY ACQUIRED OR HELD BY IT FOR5 ANY OF THE PURPOSES OF THIS ARTICLE 31, INCLUDING ALL MONEY OF AN6 AUTHORITY ACQUIRED OR HELD BY IT FOR ANY OF THESE PURPOSES , IS7 PUBLIC PROPERTY USED FOR ESSENTIAL PUBLIC AND GOVERNMENTAL8 PURPOSES, AND BOTH THE PROPERTY AND THE AUTHORITY ARE EXEMPT9 FROM ALL TAXES OF THE STATE OF COLORADO OR ANY OTHER PUBLIC10 BODY; EXCEPT THAT THIS TAX EXEMPTION FOR ANY PROPERTY ENDS WHEN11 THE AUTHORITY SELLS , LEASES, OR OTHERWISE DISPOSES OF THE12 PARTICULAR PROPERTY TO A PURCHASER , LESSEE, OR OTHER ALIENEE13 THAT IS NOT A PUBLIC BODY ENTITLED TO TAX EXEMPTION WITH RESPECT14 TO THE PARTICULAR PROPERTY.15 30-31-113. Title of purchaser, lessee, or transferee. A NY16 INSTRUMENT EXECUTED BY AN AUTHORITY AND PURPORTING TO CONVEY17 ANY RIGHT, TITLE, OR INTEREST OF THE AUTHORITY IN ANY PROPERTY18 PURSUANT TO THIS ARTICLE 31 IS CONCLUSIVELY PRESUMED TO HAVE19 BEEN MADE AND EXECUTED IN COMPLIANCE WITH THE PROVISIONS OF THIS20 ARTICLE 31 INSOFAR AS TITLE OR OTHER INTEREST OF ANY BONA FIDE21 PURCHASERS, LESSEES, OR TRANSFEREES OF SUCH PROPERTY IS22 CONCERNED.23 30-31-114. Cooperation by public bodies with county24 revitalization authorities. (1) A NY PUBLIC BODY, WITHIN ITS POWERS,25 PURPOSES, AND FUNCTIONS AND FOR THE PURPOSE OF AIDING AN26 AUTHORITY IN OR IN CONNECTION WITH THE PLANNING OR UNDERTAKING27 1172 -60- PURSUANT TO THIS ARTICLE 31 OF ANY PLANS, PROJECTS, PROGRAMS,1 WORKS, OPERATIONS, OR ACTIVITIES OF AN AUTHORITY WHOSE AREA OF2 OPERATION IS SITUATED IN WHOLE OR IN PART WITHIN THE AREA IN WHICH3 THE PUBLIC BODY IS AUTHORIZED TO ACT , UPON TERMS AS THE PUBLIC4 BODY SHALL DETERMINE, MAY:5 (a) S ELL, CONVEY, OR LEASE ANY OF THE PUBLIC BODY'S PROPERTY6 OR GRANT EASEMENTS , LICENSES, OR OTHER RIGHTS OR PRIVILEGES7 THEREIN TO THE AUTHORITY;8 (b) I NCUR THE ENTIRE EXPENSE OF ANY PUBLIC IMPROVEMENTS9 MADE BY THE PUBLIC BODY IN EXERCISING THE POWERS MENTIONED IN10 THIS SECTION;11 (c) D O EVERYTHING NECESSARY TO AID OR COOPERATE WITH THE12 AUTHORITY IN OR IN CONNECTION WITH THE PLANNING OR UNDERTAKING13 OF ANY PLANS, PROJECTS, PROGRAMS, WORKS, OPERATIONS, OR14 ACTIVITIES;15 (d) E NTER INTO AGREEMENTS WITH THE AUTHORITY RESPECTING16 ACTION TO BE TAKEN PURSUANT TO ANY OF THE POWERS SET FORTH IN17 THIS ARTICLE 31, INCLUDING AGREEMENTS RESPECTING THE PLANNING OR18 UNDERTAKING OF ANY PLANS, PROJECTS, PROGRAMS, WORKS, OPERATIONS,19 OR ACTIVITIES WHICH THE PUBLIC BODY IS OTHERWISE EMPOWERED TO20 UNDERTAKE;21 (e) C AUSE PUBLIC BUILDINGS AND PUBLIC FACILITIES, INCLUDING22 PARKS, PLAYGROUNDS, RECREATIONAL, COMMUNITY, EDUCATIONAL,23 WATER, GARBAGE DISPOSAL, SEWER, SEWAGE, SEWERAGE, OR DRAINAGE24 FACILITIES, OR ANY OTHER PUBLIC WORKS, IMPROVEMENTS, FACILITIES, OR25 UTILITIES WHICH THE PUBLIC BODY IS OTHERWISE EMPOWERED TO26 UNDERTAKE, TO BE FURNISHED WITHIN THE AREA IN WHICH THE PUBLIC27 1172 -61- BODY IS AUTHORIZED TO ACT;1 (f) F URNISH, DEDICATE, ACCEPT DEDICATION OF, OPEN, CLOSE,2 VACATE, INSTALL, CONSTRUCT, RECONSTRUCT, PAVE, REPAVE, REPAIR,3 REHABILITATE, IMPROVE, GRADE, REGRADE, PLAN, OR REPLAN PUBLIC4 STREETS, ROADS, ROADWAYS, PARKWAYS, ALLEYS, SIDEWALKS, AND5 OTHER PUBLIC WAYS OR PLACES WITHIN THE AREA IN WHICH THE PUBLIC6 BODY IS AUTHORIZED TO ACT TO THE EXTENT THAT THE ITEMS OR7 MATTERS ARE, UNDER ANY OTHER LAW , OTHERWISE WITHIN THE8 JURISDICTION OF THE PUBLIC BODY;9 (g) P LAN OR REPLAN AND ZONE OR REZONE ANY PART OF THE AREA10 UNDER THE JURISDICTION OF THE PUBLIC BODY OR MAKE EXCEPTIONS11 FROM ITS BUILDING REGULATIONS;12 (h) C AUSE ADMINISTRATIVE OR OTHER SERVICES TO BE FURNISHED13 TO THE AUTHORITY; OR14 (i) D ESIGNATE ANY PORTION OF THE SALES TAX REVENUE IT15 RECEIVES TO THE AUTHORITY.16 (2) I F AT ANY TIME TITLE TO OR POSSESSION OF THE WHOLE OR ANY17 PORTION OF ANY PROJECT OF THE AUTHORITY UNDER THIS ARTICLE 31 IS18 HELD BY ANY GOVERNMENTAL AGENCY OR PUBLIC BODY , OTHER THAN19 THE AUTHORITY, WHICH IS AUTHORIZED BY LAW TO ENGAGE IN THE20 UNDERTAKING, CARRYING OUT, OR ADMINISTRATION OF ANY PROJECT ,21 INCLUDING ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES,22 THE PROVISIONS OF THE AGREEMENTS REFERRED TO IN SUBSECTION (1)(d)23 OF THIS SECTION INURE TO THE BENEFIT OF AND MAY BE ENFORCED BY THE24 GOVERNMENTAL AGENCY OR PUBLIC BODY .25 (3) A NY PUBLIC BODY REFERRED TO IN SUBSECTION (1) OF THIS26 SECTION MAY, IN ADDITION TO ITS AUTHORITY PURSUANT TO ANY OTHER27 1172 -62- LAW TO ISSUE ITS BONDS FOR ANY PURPOSES , ISSUE AND SELL ITS BONDS1 FOR ANY OF THE PURPOSES OF THE PUBLIC BODY STATED IN THIS SECTION .2 (4) F OR THE ADVANCEMENT OF THE PUBLIC INTEREST AND FOR THE3 PURPOSE OF AIDING AND COOPERATING IN THE PLANNING , ACQUISITION,4 DEMOLITION, REHABILITATION, CONSTRUCTION, OR RELOCATION, OR5 OTHERWISE ASSISTING THE OPERATION OR ACTIVITIES OF THE COUNTY6 REVITALIZATION PROJECT LOCATED WHOLLY OR PARTLY WITHIN THE AREA7 IN WHICH IT IS AUTHORIZED TO ACT, A PUBLIC BODY MAY ENTER INTO8 AGREEMENTS ,WHICH MAY EXTEND OVER ANY PERIOD NOTWITHST ANDING9 ANY PROVISION OF LAW TO THE CONTRARY , WITH AN AUTHORITY10 RESPECTING ACTION TAKEN OR TO BE TAKEN PURSUANT TO ANY OF THE11 POWERS GRANTED BY THIS ARTICLE 31.12 30-31-115. Designation - transfer - abolishment.13 (1) N OTWITHSTANDING ANY OTHER PROVISION OF THIS ARTICLE 31, THE14 GOVERNING BODY MAY DESIGNATE ITSELF AS THE AUTHORITY WHEN15 ORIGINALLY ESTABLISHING AN AUTHORITY . A TRANSFER OF AN EXISTING16 AUTHORITY TO THE GOVERNING B ODY MAY BE ACCOMPLISHED ONLY BY17 MAJORITY VOTE AT A REGULAR ELECTION .18 (2) W HEN THE GOVERNING B ODY DESIGNATES ITSELF AS THE19 AUTHORITY OR TRANSFERS AN EXISTING AUTHORITY TO THE GOVERNING20 BODY PURSUANT TO SUBSECTION (1) OF THIS SECTION, THE GOVERNING21 BODY SHALL APPOINT THE AUTHORITY COMMISSIONERS IN ACCORDANCE22 WITH SECTION 30-31-104 (2).23 (3) T HE GOVERNING BODY OF THE COUNTY MAY , BY RESOLUTION,24 PROVIDE FOR THE ABOLISHMENT OF THE COUNTY REVITALIZATION25 AUTHORITY SO LONG AS ADEQUATE ARRANGEMENTS HAVE BEEN MADE26 FOR PAYMENT OF ANY OUTSTANDING INDEBTEDNESS AND OTHER27 1172 -63- OBLIGATIONS OF THE AUTHORITY. ANY SUCH ABOLISHMENT IS EFFECTIVE1 UPON A DATE SET FORTH IN THE ORDINANCE AND THIS DATE MUST NOT BE2 LATER THAN SIX MONTHS AFTER THE EFFECTIVE DATE OF THE ORDINANCE .3 30-31-116. Regional tourism projects. (1) A COUNTY4 REVITALIZATION AUTHORITY THAT IS DESIGNATED AS A FINANCING ENTITY5 PURSUANT TO PART 3 OF ARTICLE 46 OF TITLE 24, HAS ALL THE POWERS6 NECESSARY OR CONVENIENT TO CARRY OUT AND EFFECTUATE THE7 PURPOSES AND PROVISIONS OF PART 3 OF ARTICLE 46 OF TITLE 24,8 INCLUDING THE POWER TO RECEIVE STATE SALES TAX INCREMENT9 REVENUE GENERATED WITHIN AN APPROVED REGIONAL TOURISM ZONE , AS10 DEFINED IN SECTION 24-46-303 (11), AND TO DISBURSE AND OTHERWISE11 UTILIZE SUCH REVENUE FOR ALL LAWFUL PURPOSES , INCLUDING12 FINANCING ELIGIBLE COSTS AND THE DESIGN , CONSTRUCTION,13 MAINTENANCE, AND OPERATION OF ELIGIBLE IMPROVEMENTS , AS SUCH14 TERMS ARE DEFINED IN SECTION 24-46-303 OR OTHERWISE INCORPORATED15 INTO THE COMMISSION'S CONDITIONS OF APPROVAL.16 (2) N OTWITHSTANDING SECTION 30-31-109 (8), AUTHORIZATION17 TO RECEIVE STATE SALES TAX INCREMENT REVENUE PURSUANT TO PART18 3 OF ARTICLE 46 OF TITLE 24, IS A MATERIAL MODIFICATION TO THE PLAN,19 AND CORRESPONDING CHANGES TO THE PLAN MAY BE MADE BY THE20 GOVERNING BODY OF THE AUTHORITY TO INCORPORATE THE USE OF STATE21 SALES TAX INCREMENT REVENUE WITHOUT THE REQUIREMENT OF22 SUBMISSION TO OR APPROVAL BY THE GOVERNING BODY OF THE COUNTY23 THAT HAS ESTABLISHED THE AUTHORITY .24 (3) A NY COUNTY REVITALIZATION AUTHORITY THAT RECEIVES25 STATE SALES TAX INCREMENT REVENUE , WHETHER PURSUANT TO26 DESIGNATION AS A FINANCING ENTITY PURSUANT TO PART 3 OF ARTICLE 4627 1172 -64- OF TITLE 24, OR PURSUANT TO A CONTRACT ENTERED INTO WITH ANY SUCH1 FINANCING ENTITY, SHALL NOT USE THE STATE SALES TAX INCREMENT2 REVENUE TO ACQUIRE PROPERTY THROUGH THE EXERCISE OF EMINENT3 DOMAIN.4 (4) N OTHING IN THIS SECTION ELIMINATES THE REQUIREMENTS FOR5 THE AUTHORIZATION OF A NEW COUNTY REVITALIZATION AUTHORITY6 PURSUANT TO THIS ARTICLE 31.7 30-31-117. Cumulative powers. T HE POWERS CONFERRED BY8 THIS ARTICLE 31 ARE IN ADDITION AND SUPPLEMENTAL TO THE POWERS9 CONFERRED BY ANY OTHER LAW .10 30-31-118. Inclusion of incorporated territory in a county11 revitalization area. (1) NOTWITHSTANDING ANY OTHER PROVISION OF12 THIS ARTICLE 31, A COUNTY REVITALIZATION PLAN , COUNTY13 REVITALIZATION PROJECT, OR COUNTY REVITALIZATION AREA MAY14 INCLUDE INCORPORATED TERRITORY THAT IS WITHIN THE BOUNDARIES OF15 A MUNICIPALITY AND CONTIGUOUS TO A PORTION OF AN URBAN RENEWAL16 AREA LOCATED OUTSIDE OF THE MUNICIPALITY 'S BOUNDARIES. NO SUCH17 TERRITORY SHALL BE INCLUDED IN THE PLAN, PROJECT, OR AREA WITHOUT18 THE CONSENT OF THE GOVERNING BODY OF THE MUNICIPALITY EXERCISING19 JURISDICTION OVER THE INCORPORATED TERRITORY PROPOSED FOR20 INCLUSION AND THE CONSENT OF EACH OWNER OF, AND EACH HOLDER OF21 A RECORDED MORTGAGE OR DEED OF TRUST ENCUMBERING, REAL22 PROPERTY WITHIN THE INCORPORATED AREA PROPOSED FOR INCLUSION . 23 (2) IN ADDITION TO THE PROCEDURES FOR APPROVAL OF A24 PROPOSED COUNTY REVITALIZATION PLAN BY THE COUNTY PURSUANT TO25 SECTION 30-31-109, INCORPORATED TERRITORY MUST ONLY BE INCLUDED26 IN THE COUNTY REVITALIZATION PLAN, PROJECT, OR AREA UPON THE27 1172 -65- APPROVAL OF THE GOVERNING BODY OF THE MUNICIPALITY :1 (a) MAKING A DETERMINATION THAT THE AREA PROPOSED FOR2 INCLUSION IN THE COUNTY REVITALIZATION PLAN IS A REVITALIZATION3 AREA AND DESIGNATING THE AREA AS APPROPRIATE FOR A COUNTY4 REVITALIZATION PROJECT IN THE MANNER PROVIDED IN SECTION5 30-31-109 (1);6 (b) REFERRING THE COUNTY REVITALIZATION PLAN TO THE7 PLANNING COMMISSION OF THE MUNICIPALITY FOR A DETERMINATION AS8 TO THE CONFORMITY OF THE COUNTY REVITALIZATION PLAN WITH THE9 GENERAL PLAN FOR DEVELOPMENT FOR THE MUNICIPALITY IN THE MANNER10 PROVIDED IN SECTION 30-31-109 (2);11 (c) CONDUCTING A PUBLIC HEARING AND MAKING FINDINGS AND12 A DETERMINATION TO APPROVE INCLUSION OF THE INCORPORATED13 TERRITORY IN THE COUNTY REVITALIZATION PLAN , PROJECT, OR AREA IN14 THE MANNER PROVIDED IN SECTION 30-31-109 (5)(a), (5)(b)(I) THROUGH15 (5)(b)(IV), (5)(c), (5)(d), (6), (8), AND (9);16 (d) MAKING AN ADDITIONAL FINDING THAT EACH OWNER OF, AND17 EACH HOLDER OF A RECORDED MORTGAGE OR DEED OF TRUST18 ENCUMBERING, REAL PROPERTY IN THE INCORPORATED TERRITORY19 PROPOSED FOR INCLUSION IN THE COUNTY REVITALIZATION PLAN,20 PROJECT, OR AREA CONSENTS TO THE INCLUSION; AND21 (e) DETERMINING WHETHER THE INCORPORATED TERRITORY MUST22 BE INCLUDED IN ANY PROVISION FOR THE DIVISION OF TAXES IN THE23 COUNTY REVITALIZATION AREA AS AUTHORIZED BY SECTION 30-31-10924 (13), AND, IF SO DETERMINED, NOTIFYING THE COUNTY ASSESSOR OF SUCH25 INCLUSION AS REQUIRED BY SECTION 30-31-109 (15).26 (4) ANY COUNTY REVITALIZATION PLAN APPROVED IN27 1172 -66- ACCORDANCE WITH THIS SECTION MAY BE MODIFIED AS PROVIDED IN1 SECTION 30-31-109 (10); EXCEPT THAT A MODIFICATION MUST BE2 APPROVED BY THE GOVERNING BODY OF THE MUNICIPALITY, THE COUNTY,3 AND THE AUTHORITY.4 (5) AN AUTHORITY, A COUNTY, AND A MUNICIPALITY MAY ,5 CONSISTENT WITH THE REQUIREMENTS OF THIS SECTION, ENTER INTO AN6 INTERGOVERNMENTAL AGREEMENT TO FURTHER EFFECTUATE THE7 PURPOSES OF THIS SECTION AND TO PROVIDE FOR THE INCLUSION OF8 INCORPORATED TERRITORY IN A COUNTY REVITALIZATION AREA .9 (6) THIS SECTION DOES NOT APPLY TO THE INCLUSION OF10 TERRITORY IN A COUNTY REVITALIZATION AREA AS A RESULT OF11 ANNEXATION.12 SECTION 2. In Colorado Revised Statutes, add article 7.5 to title13 38 as follows:14 ARTICLE 7.515 Eminent Domain by County Revitalization Authorities - Vesting16 38-7.5-101. Motion for vesting - contents. (1) (a) I N ANY17 PROCEEDING INITIATED BY A COUNTY REVITALIZATION AUTHORITY , AS18 DEFINED IN SECTION 30-31-103 (6), UNDER THE PROVISIONS OF ARTICLE 119 OF THIS TITLE, THE PETITIONER OR ANY RESPONDENT, AT ANY TIME AFTER20 THE PETITION HAS BEEN FILED AND BEFORE JUDGMENT IS ENTERED IN THE21 PROCEEDING, MAY FILE A WRITTEN VERIFIED MOTION REQUESTING THAT ,22 IMMEDIATELY OR AT SOME SPECIFIED LATER DATE , THE PETITIONER BE23 VESTED WITH FEE SIMPLE TITLE, OR SOME LESSER ESTATE, INTEREST, OR24 EASEMENT, AS MAY BE REQUIRED, TO THE REAL PROPERTY, OR A SPECIFIED25 PORTION THEREOF, WHICH IS THE SUBJECT OF THE PROCEEDING , AND BE26 AUTHORIZED TO TAKE POSSESSION OF AND USE SUCH PROPERTY .27 1172 -67- (b) ANY MOTION FILED BY ANY RESPONDENT AFFECTS , AND IS1 LIMITED IN APPLICATION TO, THE PROPERTY IN WHICH THE RESPONDENT2 HAS AN INTEREST.3 (c) A LL THE OWNERS OF RECORD OF PROPERTY SHALL JOIN IN ANY4 MOTION FILED BY ANY RESPONDENT UNDER THIS SECTION , UNLESS ONE OR5 MORE OF THE OWNERS OF RECORD CANNOT BY DUE DILIGENCE BE FOUND ,6 IN WHICH INSTANCE THIS FACT MUST BE STATED IN THE MOTION .7 (2) T HE MOTION DESCRIBED IN SUBSECTION (1) OF THIS SECTION,8 REFERRED TO IN THIS ARTICLE 7.5 AS THE "MOTION FOR VESTING", MUST9 SET FORTH:10 (a) A N ACCURATE DESCRIPTION OF THE PROPERTY TO WHICH THE11 MOTION RELATES AND THE ESTATE OR INTEREST SOUGHT TO BE ACQUIRED12 OR DIVESTED; BUT, IN ANY MOTION FOR VESTING FILED BY ANY13 RESPONDENT, THE INTEREST SOUGHT TO BE DIVESTED MUST BE THE14 INTEREST DESCRIBED IN THE PETITION IN EMINENT DOMAIN ;15 (b) T HE NAMES OF THE OWNERS OF RECORD OF THE PROPERTY16 DESCRIBED IN THE MOTION FOR VESTING ; AND17 (c) T HE DATE UPON WHICH IT IS REQUESTED THAT THE ESTATE OR18 INTEREST SOUGHT TO BE ACQUIRED OR DIVESTED VEST IN THE PETITIONER19 AND THE DATE UPON WHICH IT IS REQUESTED THAT THE PETITIONER BE20 ENTITLED TO POSSESSION AND USE OF THE SUBJECT PROPERTY .21 38-7.5-102. Motion for vesting - procedure with respect22 thereto. (1) (a) T HE COURT SHALL SET A DATE , NOT LESS THAN23 TWENTY-ONE DAYS AFTER THE FILING OF A MOTION FOR VESTING, FOR THE24 HEARING THEREON, AND THE COURT SHALL REQUIRE AT LEAST FOURTEEN25 DAYS NOTICE TO BE GIVEN TO EACH PARTY TO THE PROCEEDING WHOSE26 INTERESTS WOULD BE AFFECTED BY THE TAKING REQUESTED .27 1172 -68- (b) THE AVERMENTS IN THE MOTION AND THE NECESSITY FOR THE1 VESTING OF TITLE, OR SOME LESSER ESTATE , BEFORE THE FINAL2 DETERMINATION OF JUST COMPENSATION ARE DEEMED ADMITTED UNLESS3 SUCH AVERMENTS ARE CONTROVERTED IN A RESPONSIVE PLEADING FILED4 AT OR BEFORE THE HEARING ON THE MOTION FOR VESTING .5 (2) A T THE HEARING ON A MOTION FOR VESTING , IF THE6 AVERMENTS IN THE MOTION HAVE BEEN CONTROVERTED IN RESPONSIVE7 PLEADINGS FILED AT OR BEFORE THE HEARING AND IF THE COURT HAS NOT8 PREVIOUSLY, IN THE SAME PROCEEDING , DETERMINED THAT THE9 AVERMENTS ARE TRUE, THE COURT SHALL FIRST HEAR AND DETERMINE :10 (a) T HE AUTHORITY OF THE PETITIONER TO EXERCISE THE RIGHT OF11 EMINENT DOMAIN;12 (b) W HETHER THE PROPERTY DESCRIBED IN THE MOTION FOR13 VESTING IS SUBJECT TO THE EXERCISE OF THE RIGHT OF EMINENT DOMAIN ;14 AND15 (c) W HETHER THE RIGHT OF EMINENT DOMAIN IS BEING PROPERLY16 EXERCISED IN THE PARTICULAR PROCEEDING .17 (3) F AILURE TO RAISE THE ISSUES ENUMERATED IN SUBSECTION (2)18 OF THIS SECTION, AT OR BEFORE THE HEARING ON THE MOTION FOR19 VESTING, CONSTITUTES A WAIVER INSOFAR AS THE ISSUES RELATE TO THE20 PROPERTY DESCRIBED IN THE MOTION FOR VESTING . THE COURT'S ORDER21 THEREON IS A FINAL ORDER, AND AN APPEAL MAY BE OBTAINED FOR THE22 REVIEW THEREOF BY EITHER PARTY WITHIN TWENTY -ONE DAYS AFTER THE23 ENTRY OF THE ORDER BUT NOT THEREAFTER UNLESS THE APPELLATE24 COURT, ON GOOD CAUSE SHOWN, EXTENDS THE TIME FOR OBTAINING AN25 APPEAL WITHIN TWENTY-ONE DAYS. APPELLATE REVIEW DOES NOT STAY26 THE OTHER PROCEEDINGS UNDER THIS ARTICLE 7.5 UNLESS THE APPEAL27 1172 -69- WAS OBTAINED BY THE PETITIONER OR UNLESS AN ORDER STAYING SUCH1 FURTHER PROCEEDINGS IS ENTERED BY THE APPELLATE COURT UPON A2 SHOWING OF IRREPARABLE INJURY .3 (4) I F THE ISSUES ENUMERATED UNDER SUBSECTION (2) OF THIS4 SECTION ARE DETERMINED IN FAVOR OF THE PETITIONER AND FURTHER5 PROCEEDINGS ARE NOT STAYED OR IF FURTHER PROCEEDINGS ARE STAYED6 AND THE APPEAL RESULTS IN A DETERMINATION IN FAVOR OF THE7 PETITIONER, THE COURT SHALL HEAR AND DETERMINE ALL MA TTERS8 RAISED IN AND RELATING TO THE MOTION FOR VESTING. IF THE FOREGOING9 MATTERS ARE DETERMINED IN FAVOR OF THE PETITIONER , THE COURT10 SHALL APPOINT THREE DISINTERESTED COMMISSIONERS , WHO MUST BE11 FREEHOLDERS, TO ASSESS THE COMPENSATION TO WHICH THE12 RESPONDENTS NAMED IN THE MOTION FOR VESTING MAY BE ENTITLED BY13 REASON OF THE APPROPRIATION OF THE PETITIONER .14 (5) (a) T HE COMMISSIONERS, BEFORE ENTERING UPON THE DUTIES15 OF THEIR OFFICE, SHALL TAKE AN OATH TO FAITHFULLY AND IMPARTIALLY16 DISCHARGE THEIR DUTIES AS COMMISSIONERS . ANY ONE OF THE17 COMMISSIONERS MAY ADMINISTER OATHS TO WITNESSES PRODUCED18 BEFORE THEM.19 (b) A FTER TAKING THEIR OATH, THE COMMISSIONERS SHALL VIEW20 THE PROPERTY, HEAR TESTIMONY, AND CONSIDER EVIDENCE AS IS21 REASONABLY NECESSARY TO ENABLE THEM TO MAKE A PRELIMINARY22 FINDING OF AN AMOUNT CONSTITUTING JUST COMPENSATION FOR THE23 TAKING OF THE PROPERTY OF THE RESPONDENTS NAMED IN THE MOTION24 FOR VESTING.25 (c) A FTER MAKING A PRELIMINARY FINDING, THE COMMISSIONERS26 SHALL MAKE, SUBSCRIBE, AND FILE A CERTIFIED REPORT MEETING THE27 1172 -70- REQUIREMENTS OF SECTION 38-1-115 WITH THE CLERK OF THE COURT IN1 WHICH SUCH PROCEEDINGS OCCUR .2 (d) U PON THE MOTION OF THE PETITIONER FILED WITHIN FOURTEEN3 DAYS OF RECEIPT OF THE NOTICE PROVIDED FOR IN SECTION 38-7.5-103 (1),4 THE COURT SHALL REVIEW THE REPORT OF THE COMMISSIONERS , AND,5 UPON GOOD CAUSE SHOWN BY THE PETITIONER , THE COURT MAY ORDER A6 NEW REPORT BY THE SAME OR DIFFERENT COMMISSIONERS AND VOID THE7 REPORT OBJECTED TO. THE APPOINTMENT OF ANY NEW COMMISSIONERS8 AND THE PREPARATION OF THE NEW REPORT MUST BE DONE IN9 ACCORDANCE WITH THE PROVISIONS OF THIS ARTICLE 7.5.10 (6) A PRELIMINARY FINDING OF JUST COMPENSATION AND ANY11 DEPOSIT MADE OR SECURITY PROVIDED PURSUANT THERETO IS NOT12 EVIDENCE IN THE FURTHER PROCEEDINGS TO ASCERTAIN THE JUST13 COMPENSATION TO BE PAID AND MAY NOT BE DISCLOSED IN ANY MANNER14 TO A JURY IMPANELED IN SUCH PROCEEDINGS .15 38-7.5-103. Vesting of title - procedure. (1) W HEN THE16 CERTIFIED REPORT OF THE COMMISSIONERS IS FILED WITH THE CLERK OF17 THE COURT, THE CLERK SHALL NOTIFY ALL PARTIES NAMED IN THE MOTION18 FOR VESTING OF THE FILING OF THE REPORT AND OF THE AMOUNT19 PRELIMINARILY FOUND TO CONSTITUTE JUST COMPENSATION .20 (2) (a) W ITHIN SEVEN DAYS OF RECEIPT OF THE NOTICE DESCRIBED21 IN SUBSECTION (1) OF THIS SECTION, THE PETITIONER SHALL DEPOSIT THE22 SUM OF MONEY PRELIMINARILY FOUND TO CONSTITUTE JUST23 COMPENSATION BY THE COMMISSIONERS TO THE COURT OR THE CLERK OF24 THE COURT FOR THE USE OF THE RESPONDENT NAMED IN THE MOTION FOR25 VESTING.26 (b) I F THE PETITIONER HAS FILED A MOTION FOR A NEW REPORT27 1172 -71- UNDER SECTION 38-7.5-102 (5) AND THE MOTION IS DENIED, THE DEPOSIT1 IS NOT DUE UNTIL SEVEN DAYS FOLLOWING THE COURT 'S RULING ON THE2 MOTION. IF THE MOTION IS GRANTED BY THE COURT , THE CLERK OF THE3 COURT SHALL PROVIDE A NEW NOTICE UPON RECEIPT OF THE NEW REPORT .4 (3) (a) U PON PAYMENT TO THE COURT OR THE CLERK OF THE5 COURT OF THE SUM DESCRIBED IN SUBSECTION (2) OF THIS SECTION BY THE6 PETITIONER, THE COURT SHALL ENTER AN ORDER VESTING IN THE7 PETITIONER THE FEE SIMPLE TITLE, OR SUCH LESSER ESTATE, INTEREST, OR8 EASEMENT AS MAY BE REQUIRED, TO THE PROPERTY AS REQUESTED IN THE9 MOTION FOR VESTING ON SUCH DATE AS THE COURT CONSIDERS PROPER ,10 AND SHALL FIX A DATE ON WHICH THE PETITIONER IS AUTHORIZED TO TAKE11 POSSESSION OF AND TO USE THE PROPERTY . A CERTIFIED COPY OF THE12 ORDER MUST BE RECORDED AND INDEXED IN THE CLERK AND RECORDER 'S13 OFFICE OF THE COUNTY IN WHICH THE PROPERTY IS LOCATED IN LIKE14 MANNER AND WITH LIKE EFFECT AS IF IT WERE A DEED OF CONVEYANCE15 FROM THE OWNERS AND PARTIES INTERESTED TO THE PROPER PARTIES .16 (b) I F THERE IS MORE THAN ONE PERSON INTERESTED AS OWNER OR17 OTHERWISE IN THE PROPERTY AND THEY ARE UNABLE TO AGREE UPON THE18 NATURE, EXTENT, OR VALUE OF THEIR RESPECTIVE INTERESTS IN THE19 TOTAL AMOUNT OF COMPENSATION SO ASCERTAINED AND ASSESSED ON AN20 UNDIVIDED BASIS, THE NATURE, EXTENT, OR VALUE OF SAID INTERESTS21 MUST BE DETERMINED ACCORDING TO LAW IN A SEPARATE AND22 SUBSEQUENT PROCEEDING AND DISTRIBUTION MADE AM ONG THE SEVERAL23 CLAIMANTS.24 (4) A T THE REQUEST OF ANY AFFECTED PARTY AND UPON A25 SHOWING OF UNDUE HARDSHIP OR OTHER GOOD CAUSE , THE PETITIONER'S26 AUTHORITY TO TAKE POSSESSION OF THE PROPERTY MUST BE POSTPONED27 1172 -72- FOR MORE THAN FOURTEEN DAYS AFTER THE DATE OF VESTING OF TITLE1 OR MORE THAN TWENTY-ONE DAYS AFTER THE ENTRY OF AN ORDER THAT2 DOES NOT VEST TITLE IN THE PETITIONER. IF POSTPONEMENT OCCURS, THE3 AFFECTED PARTY SHALL PAY TO THE PETITIONER A REASONABLE RENTAL4 FOR SUCH PROPERTY, THE AMOUNT THEREOF TO BE DETERMINED BY THE5 COURT.6 38-7.5-104. Withdrawals from deposit. (1) U PON PROPER7 APPLICATION TO THE COURT OR BY STIPULATION BETWEEN THE PARTIES ,8 THE RESPONDENT MAY WITHDRAW FROM THE SUM DEPOSITED PURSUANT9 TO SECTION 38-7.5-103 (2) AN AMOUNT NOT TO EXCEED THREE -FOURTHS10 OF THE HIGHEST VALUATION EVIDENCED BY TESTIMONY PRESENTED BY11 THE PETITIONER TO THE COMMISSIONERS UNLESS THE PETITIONER AGREES12 TO A LARGER WITHDRAWAL . ALL PARTIES INTERESTED IN THE PROPERTY13 SOUGHT TO BE ACQUIRED ARE REQUIRED TO CONSENT AND AGREE TO ANY14 LARGER WITHDRAWAL .15 (2) A NY WITHDRAWAL OF A DEPOSIT IS A PARTIAL PAYMENT OF16 THE AMOUNT OF TOTAL COMPENSATION TO BE PAID AND MUST BE17 DEDUCTED BY THE CLERK OF THE COURT FROM ANY AWARD OR VERDICT18 ENTERED THEREAFTER.19 (3) A NY PARTY MAKING A WITHDRAWAL OF A DEPOSIT SHALL20 REFUND TO THE CLERK OF THE COURT , UPON THE ENTRY OF A PROPER21 COURT ORDER, ANY PORTION OF THE AMOUNT SO WITHDRAWN WHICH22 EXCEEDS THE AMOUNT FINALLY ASCERTAINED IN THE PROCEEDING TO BE23 JUST COMPENSATION OR DAMAGES , COSTS, OR EXPENSES OWING TO THE24 PARTY.25 38-7.5-105. Construction of article. T HE RIGHT TO TAKE26 POSSESSION AND TITLE BEFORE THE FINAL JUDGMENT AS PRESCRIBED IN27 1172 -73- THIS ARTICLE 7.5 IS IN ADDITION TO ANY OTHER RIGHT , POWER, OR1 AUTHORITY OTHERWISE CONFERRED BY LAW AND MAY NOT BE CONSTRUED2 AS ABROGATING, LIMITING, OR MODIFYING ANY SUCH OTHER RIGHT ,3 POWER, OR AUTHORITY , INCLUDING THE RIGHTS , POWERS, AND4 AUTHORITIES GRANTED IN ARTICLES 1 TO 7 OF THIS TITLE 38. SHOULD THE5 PROVISIONS OF THIS ARTICLE 7.5 BE INVOKED BY ANY PARTY, THE FINAL6 DETERMINATION OF THE AMOUNT CONSTITUTING JUST COMPENSATION7 MUST BE DETERMINED PURSUANT TO THE PROVISIONS OF ARTICLE 1 OF8 THIS TITLE 38. NOTWITHSTANDING ANY OTHER PROVISION OF THIS ARTICLE9 7.5, A COUNTY REVITALIZATION AUTHORITY 'S EMINENT DOMAIN10 AUTHORITY SHALL NOT EXCEED THAT OF THE COUNTY WHERE THE11 AUTHORITY IS LOCATED.12 38-7.5-106. Commissioners - other articles. N OTHING IN THIS13 ARTICLE 7.5 PREVENTS A COMMISSIONER APPOINTED UNDER THIS ARTICLE14 7.5 FROM BEING APPOINTED PURSUANT TO THE PROVISIONS OF ARTICLES15 1 TO 7 OF THIS TITLE 38 IN THE SAME EMINENT DOMAIN PROCEEDING .16 N OTHING IN THIS ARTICLE 7.5 PREVENTS THE APPOINTMENT OF A17 COMMISSIONER, FOR PURPOSES OF THIS ARTICLE 7.5, WHO HAS PREVIOUSLY18 BEEN APPOINTED IN THE SAME PROCEEDING UNDER THE PROVISIONS OF19 ARTICLE 1 OF THIS TITLE 38.20 38-7.5-107. Interest. T HE PETITIONER SHALL PAY INTEREST AS21 PROVIDED IN SECTION 38-1-116; EXCEPT THAT NO INTEREST IS ALLOWED22 ON THAT PORTION OF THE AWARD WHICH THE RESPONDENT RECEIVED OR23 COULD HAVE RECEIVED AS A PARTIAL PAYMENT BY WITHDRAWAL FROM24 THE SUM DEPOSITED BY THE PETITIONER PURSUANT TO SECTION25 38-7.5-103 (2).26 SECTION 3. In Colorado Revised Statutes, amend 11-58-105 as27 1172 -74- follows:1 11-58-105. Annual information report. Each issuer of nonrated2 public securities issued pursuant to sections 30-31-109 (13), 31-25-1073 (9), and 31-25-807 (3), C.R.S., and title 32, C.R.S., shall make public4 within sixty days following the end of each of such issuer's fiscal year5 ending on or after December 31, 1991, an annual information report or6 reports with respect to any of such issuer's nonrated public securities7 which are outstanding as of the end of each such fiscal year. Nothing shall8 preclude PRECLUDES any issuer not so required by this article THIS9 ARTICLE 58 from filing a report pursuant to this article THIS ARTICLE 58.10 SECTION 4. In Colorado Revised Statutes, 22-54-112, amend11 (3) as follows:12 22-54-112. Reports to the state board. (3) (a) If the valuation13 for assessment for all or a part of any district has been divided for an14 urban renewal area, pursuant to section 31-25-107 (9)(a), C.R.S., any15 report under this section shall MUST be based upon that portion of the16 valuation for assessment under said section 31-25-107 (9)(a)(I), C.R.S.,17 so long as such THE division remains in effect.18 (b) I F THE VALUATION FOR ASSESSMENT FOR ALL OR A PART OF19 ANY DISTRICT HAS BEEN DIVIDED FOR A COUNTY REVITALIZATION AREA20 PURSUANT TO SECTION 30-31-109 (13)(a) ANY REPORT UNDER THIS21 SECTION MUST BE BASED UPON THAT PORTION OF THE VALUATION FOR22 ASSESSMENT UNDER SECTION 30-31-109 (13)(a)(I), SO LONG AS THE23 DIVISION REMAINS IN EFFECT.24 SECTION 5. In Colorado Revised Statutes, 24-46-303, amend25 (6) as follows:26 24-46-303. Definitions. As used in this part 3, unless the context27 1172 -75- otherwise requires:1 (6) "Financing entity" means the entity designated by the2 commission in connection with its approval of a regional tourism project3 to receive and utilize state sales tax increment revenue. A financing entity4 may be A COUNTY REVITALIZATION AUTHORITY CREATED PURSUANT TO5 ARTICLE 31 OF TITLE 30, a metropolitan district created pursuant to title6 32, C.R.S., an urban renewal authority created pursuant to part 1 of article7 25 of title 31, C.R.S., or any regional tourism authority to be formed8 pursuant to this part 3.9 SECTION 6. In Colorado Revised Statutes, 24-46-304, amend10 (2)(d) as follows:11 24-46-304. Regional tourism project - application -12 requirements. (2) A local government shall submit an application for a13 regional tourism project to the Colorado office of economic development14 in a form and manner to be determined by the commission. The office15 shall provide the commission with each application received after the16 director's review pursuant to section 24-46-305. The application shall17 include, but need not be limited to, the following:18 (d) A discussion of each of the application criteria and how the19 project will meet each of the criteria, including an economic analysis20 detailing projected economic development, impact on future state sales21 tax revenue during and after the financing term, the number of new jobs22 to be created by the project by job category as defined by the Colorado23 department of labor and employment occupational employment statistics24 survey and the wages and, to the extent that it is reasonably possible,25 information on health benefits for jobs in each category, market impact,26 anticipated regional and in-state competition, the ability to attract27 1172 -76- out-of-state tourists, the fiscal impact to local governments within and1 adjacent to the regional tourism zone, an analysis of the impact to local2 school districts and an estimate of the percentage of total program that the3 state will become responsible to fund through the state's share of total4 program pursuant to section 22-54-106, C.R.S., in the event that IF THE5 COUNTY REVITALIZATION AUTHORITY OR an urban renewal authority is the6 financing entity for the regional tourism project and uses property tax7 revenue to finance the project, and any other information reasonably8 requested by the commission;9 SECTION 7. In Colorado Revised Statutes, 24-46-306, amend10 (3)(g) as follows:11 24-46-306. Regional tourism authority - board - creation -12 powers and duties. (3) Unless limited by the commission's conditions13 of approval, each authority shall have all of the powers necessary or14 convenient to carry out and effect the purposes and provisions of this part15 3, including but not limited to the following powers:16 (g) To assign and pledge to any COUNTY REVITALIZATION17 AUTHORITY, metropolitan district, or urban renewal authority having all18 or any portion of the regional tourism zone within its boundaries or19 service area the authority's right to receive and utilize state sales tax20 increment revenue to support bonds or other financing instruments issued21 or entered into by the metropolitan district or urban renewal authority for22 eligible costs or to acquire eligible improvements, including but not23 limited to loans or funding and reimbursement agreements with24 developers involved in the regional tourism project or other third parties;25 SECTION 8. In Colorado Revised Statutes, 24-46-308, amend26 (4) as follows:27 1172 -77- 24-46-308. Annual report - audit. (4) If the financing entity is1 a COUNTY REVITALIZATION AUTHORITY , A metropolitan district, or an2 urban renewal authority, it may comply with the requirements of this3 section by submitting to the commission a copy of the report that the4 metropolitan district or urban renewal authority is otherwise required to5 submit to a local government pursuant to law. Such copy shall MUST be6 delivered to the commission concurrently with the delivery of the annual7 report and audit when otherwise required by law.8 SECTION 9. In Colorado Revised Statutes, 24-68-102, amend9 the introductory portion and (2) as follows:10 24-68-102. Definitions. As used in this article ARTICLE 68, unless11 the context otherwise requires:12 (2) "Local government" means any county, city and county, city,13 or town, whether statutory or home rule, acting through its governing14 body or any board, commission, or agency thereof having final approval15 authority over a site specific development plan, including without16 limitation any legally empowered COUNTY REVITALIZATION AUTHORITY17 OR urban renewal authority.18 SECTION 10. In Colorado Revised Statutes, 29-25-108, amend19 (1)(c) as follows:20 29-25-108. Board of directors - duties. (1) (c) If more than21 one-half of the property located within the district is also located within22 A COUNTY REVITALIZATION AREA , an urban renewal area, a downtown23 development authority, or a general improvement district, the governing24 body may, at any time, provide by ordinance that the governing body of25 the COUNTY REVITALIZATION AUTHORITY , urban renewal authority,26 downtown development authority, or general improvement district shall27 1172 -78- constitute ex officio the board of directors of the district. In such event,1 the officers of such entity shall be ARE ex officio the officers of the board.2 A quorum of the board of directors of such entity shall constitute3 CONSTITUTES a quorum of the board.4 SECTION 11. In Colorado Revised Statutes, 31-30-1102, amend5 (7.5) as follows:6 31-30-1102. Definitions. As used in this part 11, unless the7 context otherwise requires:8 (7.5) "Previous net valuation" means an amount equal to the total9 valuation for assessment certified by the county assessor pursuant to10 section 39-5-128, C.R.S., and amended pursuant to section 39-1-111 (5),11 C.R.S., less the valuation for assessment that has been divided for THE12 COUNTY REVITALIZATION AREA PURS UANT TO SECTION 30-31-109 (13), an13 urban renewal area pursuant to section 31-25-107 (9), or for a downtown14 development authority pursuant to section 31-25-807 (3) for the property15 tax year in which the municipality or district made a contribution to the16 fund. If the total valuation for assessment certified by the county assessor,17 as amended, does not include the valuation for assessment that has been18 divided for an urban renewal area, such urban renewal valuation for19 assessment shall not be subtracted from the total valuation for assessment.20 SECTION 12. In Colorado Revised Statutes, 32-9-119.8, amend21 (1)(a.3) as follows:22 32-9-119.8. Provision of retail and commercial goods and23 services at district transfer facilities - residential and other uses at24 district transfer facilities permitted - definitions. (1) As used in this25 section, unless the context otherwise requires:26 (a.3) "Public entity" includes, but is not limited to, a public body,27 1172 -79- as that term is defined in section 32-9-103 (11), and any other1 governmental entity, agency, or official, including A COUNTY2 REVITALIZATION AUTHORITY , an urban renewal authority, and the3 department of transportation.4 SECTION 13. In Colorado Revised Statutes, 32-11-104, amend5 (46)(a) as follows:6 32-11-104. Definitions. As used in this article 11, unless the7 context otherwise requires:8 (46) (a) "Public body" means the state of Colorado or any agency,9 instrumentality, or corporation thereof, or any county, municipality,10 corporate district, housing authority, COUNTY REVITALIZATION11 AUTHORITY, urban renewal authority, other type of authority, the regents12 of the university of Colorado, the state board for community colleges and13 occupational education, or any other body corporate and politic and14 political subdivision of the state.15 SECTION 14. In Colorado Revised Statutes, 38-1-101, amend16 (5)(b) as follows:17 38-1-101. Compensation - public use - commission - jury -18 court - prohibition on elimination of nonconforming uses or19 nonconforming property design by amortization - limitation on20 extraterritorial condemnation by municipalities - definitions. (5) For21 purposes of this section, unless the context otherwise requires:22 (b) "Political subdivision" means a county; city and county; city;23 town; service authority; school district; local improvement district; law24 enforcement authority; COUNTY REVITALIZATION AUTHORITY ; urban25 renewal authority; city or county housing authority; water, sanitation, fire26 protection, metropolitan, irrigation, drainage, or other special district; or27 1172 -80- any other kind of municipal, quasi-municipal, or public corporation1 organized pursuant to law.2 SECTION 15. In Colorado Revised Statutes, 38-1-202, amend3 (1)(f)(XLI) and (1)(f)(XLII); and add (1)(f)(XLIII) as follows:4 38-1-202. Governmental entities, corporations, and persons5 authorized to use eminent domain. (1) The following governmental6 entities, types of governmental entities, and public corporations, in7 accordance with all procedural and other requirements specified in this8 article 1 and articles 2 to 7 of this title 38 and to the extent and within any9 time frame specified in the applicable authorizing statute, may exercise10 the power of eminent domain:11 (f) The following types of single purpose districts, special12 districts, authorities, boards, commissions, and other governmental13 entities that serve limited governmental purposes or that may exercise14 eminent domain for limited purposes:15 (XLI) The front range passenger rail district created in section16 32-22-103 (1), as authorized in section 32-22-106 (1)(k); and17 (XLII) The Colorado electric transmission authority created in18 section 40-42-103 (1) as authorized in section 40-42-104 (1)(p); AND19 (XLIII) A COUNTY REVITALIZATION AUTHORITY CREATED20 PURSUANT TO SECTION 30-31-104 AND IN ACCORDANCE WITH THE VESTING21 REQUIREMENTS SPECIFIED IN ARTICLE 7 OF THIS TITLE 38;22 SECTION 16. In Colorado Revised Statutes, 39-1-111, amend23 (4) as follows:24 39-1-111. Taxes levied by board of county commissioners.25 (4) (a) If the valuation for assessment for all or any part of any body26 authorized to levy taxes has been divided for an urban renewal area,27 1172 -81- pursuant to section 31-25-107 (9)(a), C.R.S., the board of county1 commissioners shall make the same levy on the portion of valuation for2 assessment divided under subparagraph (II) as under subparagraph (I) of3 said section 31-25-107 (9)(a), C.R.S., SECTION 31-25-107 (9)(a)(II) AS4 UNDER SECTION 31-25-107 (9)(a)(I) for payment of taxes according to the5 provisions of said SECTION 31-25-107 (9)(a), so long as said THE division6 remains in effect.7 (b) I F THE VALUATION FOR ASSESSMENT FOR ALL OR ANY PART OF8 ANY BODY AUTHORIZED TO LEVY TAXES HAS BEEN DIVIDED FOR A COUNTY9 REVITALIZATION AREA, PURSUANT TO SECTION 30-31-109 (13)(a), THE10 BOARD OF COUNTY COMMISSIONERS SHALL MAKE THE SAME LEVY ON THE11 PORTION OF VALUATION FOR ASSESSMENT DIVIDED UNDER SECTION12 30-31-109 (13)(a)(II) AS UNDER SECTION 30-31-109 (13)(a)(I) FOR13 PAYMENT OF TAXES ACCORDING TO THE PROVISIONS OF SECTION14 30-31-109 (13)(a), SO LONG AS THE DIVISION REMAINS IN EFFECT.15 SECTION 17. In Colorado Revised Statutes, 39-5-128, amend16 (3) as follows:17 39-5-128. Certification of valuation for assessment. (3) (a) If18 the valuation for assessment for all or part of any such political19 subdivision has been divided for an urban renewal area, pursuant to20 section 31-25-107 (9)(a), C.R.S., any certification under this section shall21 MUST be based upon that portion of the valuation for assessment under22 subparagraph (I) of said section 31-25-107 (9)(a), C.R.S., SECTION23 31-25-107 (9)(a)(I) so long as such THE division remains in effect.24 (b) I F THE VALUATION FOR ASSESSMENT FOR ALL OR PART OF ANY25 SUCH POLITICAL SUBDIVISION HAS BEEN DIVIDED FOR A COUNTY26 REVITALIZATION AREA, PURSUANT TO SECTION 30-31-109 (13)(a), ANY27 1172 -82- CERTIFICATION UNDER THIS SECTION MUST BE BASED UPON THAT PORTION1 OF THE VALUATION FOR ASSESSMENT UNDER SECTION 30-31-1092 (13)(a)(I), SO LONG AS THE DIVISION REMAINS IN EFFECT.3 SECTION 18. In Colorado Revised Statutes, 39-5-132, amend4 (7) as follows:5 39-5-132. Assessment and taxation of new construction.6 (7) Nothing in this section shall be construed to affect AFFECTS tax7 increment financing as said financing is implemented pursuant to sections8 31-25-107 (9), 30-31-109 (13), and 31-25-807 (3), C.R.S., nor the9 distribution of specific ownership taxes pursuant to section 42-3-107 (24).10 C.R.S.11 SECTION 19. Act subject to petition - effective date. This act12 takes effect at 12:01 a.m. on the day following the expiration of the13 ninety-day period after final adjournment of the general assembly; except14 that, if a referendum petition is filed pursuant to section 1 (3) of article V15 of the state constitution against this act or an item, section, or part of this16 act within such period, then the act, item, section, or part will not take17 effect unless approved by the people at the general election to be held in18 November 2024 and, in such case, will take effect on the date of the19 official declaration of the vote thereon by the governor.20 1172 -83-