2nd Sub. S.B. 218
         COMMUNITY DEVELOPMENT AND RENEWAL AGENCY AMENDMENTS

house floor Amendments

Amendment 1 February 28, 2007 10:35 am



Representative David Clark proposes the following amendments:

1.    Page 15, Line 436 :    

             436          [(C)] (D)
{   with the consent of the community legislative body and   } subject to      {   Subsection   }        Subsections (1)(c) and      


2.    Page 15, Line 442 :    

             442          (E)
  subject to Subsection (1)(d),       the cost of the installation of publicly owned infrastructure and improvements


3.    Page 15, Lines 443 through 447 :    

             443      outside the project area from which the tax increment funds were collected if
{   :

             444          (I) (Aa) the community legislative body consents; and
             445          (Bb) for an urban renewal or economic development project area, the taxing entity
             446      committee consents; and
             447          (II)   } the agency board and the community legislative body determine by resolution that

4.    Page 15, Line 450 :    

             450      Subsection (1)(a)(iii)
{   (D)   }        (E)       regarding benefit to the project area shall be final and conclusive.

    
  (c) An agency may not use tax increment or sales tax proceeds received from a taxing entity for the purposes stated in Subsection (1)(a)(iii)(D) under an urban renewal or economic development project area plan without the consent of the community legislative body.

    (d) An agency may not use tax increment or sales tax proceeds received from a taxing entity for the purposes stated in Subsection (1)(a)(iii)(E) under an urban renewal or economic development project area plan without the consent of the community legislative body and the taxing entity committee.  


5.    Page 21, Lines 643 through 644 :    

             643      renewal project area that support the agency's finding of blight under Section 17C-2-303
  :

    (I)  
do not

             644      exist
  ; or

    (II) do not constitute blight  
.

6.    Page , Line 646 through Page 22, Line 647 :    

             646      of the blight conditions that the agency found to exist in the urban renewal project area
  or that those conditions constitute blight       , the

             647      taxing entity committee may hire a consultant,
{   acceptable to   }        mutually agreed upon by the taxing entity committee and       the agency, with the necessary

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