9-4-628. Agreement by public body to accept payment from authority in lieu of
taxes.
In connection with any project of a housing authority located wholly or partly within the
area in which any public body is authorized to act, any public body may agree with the housing
authority with respect to the payment by the authority of sums in lieu of taxes for any year or
period of years that are determined by the authority to be consistent with the maintenance of the
low-rent character of housing projects or the achievement of the purposes of this part.
Renumbered and Amended by Chapter 241, 1992 General Session
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Last revised: Thursday, May 28, 2009