Pursuant to IC 36-7-14 and 36-7-25, all of the territory within the corporate boundaries of the town will be a taxing district to be known as the Redevelopment District of Edinburgh for the purpose of levying and collecting special benefit taxes for redevelopment and economic development purposes as provided in IC 36-7-14 and 36-7-25. The Town Council finds and determines that all of the taxable property within this special taxing district will be considered to be benefitted by the redevelopment projects and economic development projects carried out under IC 36-7-14 and 36-7-25 to the extent of the special taxes levied under IC 36-7-14 and 36-7-25.
(Ord. 1996-9, passed 7-22-96)