CHAPTER XI
FINANCE, TAXATION AND ECONOMIC DEVELOPMENT
Sections:
11-1   GENERAL PROVISIONS
   11-1.01   Fiscal Year Designated
   11-1.02   Investments
   11-1.03   Procurement Procedures
   11-1.04   Returned Checks
   11-1.05   Limitation on Special Reserve Fund Expenditures
   11-1.06   Parks Development Funds
   11-1.07   Cemetery Operations
11-2   BUDGET
   11-2.01   City Manager to Submit
11-3   ASSESSMENTS AND LEVY OF TAXES
   11-3.01   County Assessment System Adopted
   11-3.02   Rate of Taxation to be Established by Board
   11-3.03   Chief Financial Officer to Prepare Record of Tax Receipts
   11-3.04   The Chief Financial Officer’s Duties
   11-3.05   Chief Financial Officer’s Duty to Report Property Omitted from Roll
11-4   PROPERTY ASSESSMENT AND REASSESSMENT MORATORIUMS
   11-4.01   Program Established
   11-4.02   Administering Agency
   11-4.03   Duration of Moratorium
   11-4.04   Application for a Moratorium Certificate
   11-4.05   Assessment for Tax Purposes
   11-4.06   Completion of Improvements; Extensions
   11-4.07   Purgation of Files
   11-4.08   Assessment Following Termination of Moratorium
   11-4.09   Issuance of Moratorium Certificate
   11-4.10   Assignment of Moratorium Certificates
   11-4.11   Subsequent Moratorium Certifications
   11-4.12   Definitions
11-5   COLLECTION OF MOTOR VEHICLE TAXES
   11-5.01   Rate of Taxation Established.
11-6   JOB DEVELOPMENT INCENTIVE PROGRAM
   11-6.01   Definitions
   11-6.02   Purposes, Goals, and Objectives
   11-6.03   Creation of Job Development Incentive Program
   11-6.04   Job Development Incentive Program Committee; Committee Duties; Program Manager and Duties
   11-6.05   Job Development Incentive Program Eligibility Requirements
   11-6.06   Application and Review Procedure
   11-6.07   Events of Default
   11-6.08   Remedies
   11-6.09   Bankruptcy
   11-6.10   Allocation of Receipts into the Job Development Incentive Fund
   11-6.11   Exemption from Open Records
11-7   PAYMENT, COLLECTION AND ENFORCEMENT OF TAXES
11-8   SPECIAL TAXING DISTRICTS AND ASSESSMENT OF AD VALOREM TAXES FOR INSTALLATION OF STREET LIGHTING
   11-8.01   Definitions
   11-8.02   Street Lighting for New Subdivisions
   11-8.03   Assessment of Costs and Payment
   11-8.04   Termination of Special Taxing Districts
11-9   PROCEDURES FOR ACCEPTING DONATIONS AND GIFTS
   11-9.01   Acceptance of Donations and Gifts
   11-9.02   Use of Donations or Gifts
   11-9.03   Duties of City Officials and Employees
11-10   TAX INCREMENT FINANCING DEVELOPMENT AREA – WKU GATEWAY TO DOWNTOWN BOWLING GREEN
   11-10.01   Preamble
   11-10.02   Approval of Public Project; Implementation of Project
   11-10.03   Creation of WKU Gateway to Downtown Bowling Green Tax Increment Financing (TIF) Development Area
   11-10.04   Calculation and Distribution of Tax Increment Financing Revenue Related to Growth of Existing Businesses of Jobs that Relocate Into the TIF Development Area
11-11   ENERGY PROJECT ASSESSMENT DISTRICT
   11-11.01   Preamble
   11-11.02   Definitions
   11-11.03   Adoption of EPAD Program and Designation of EPAD Program Area
   11-11.04   Operation of the EPAD Program