ARTICLE 8: WASTELAND DEVELOPMENT

Sections

   8-8.1   Definitions

   8-8.2   Eligibility

   8-8.3   Application

   8-8.4   Classification

   8-8.5   Development and maintenance of wasteland development property

   8-8.6   Special tax assessment

   8-8.7   Declassification

   8-8.8   Appeals

§ 8-8.1 Definitions.

   For the purpose of this article, the following definitions apply unless the context clearly indicates or requires a different meaning.

Department. The department of budget and fiscal services.

Director. The director of budget and fiscal services.

Owner. Includes any person leasing the real property of another under a lease having a stated term of not less than 30 years.

Wasteland. Land that is classified as such by the director.

(Sec. 8-8.1, R.O. 1978 (1983 Ed.)) (1990 Code, Ch. 8, Art. 8, § 8-8.1)

§ 8-8.2 Eligibility.

   Any property of not less than 25 acres in area is eligible for classification as wasteland development property if it meets the classification requirements of wasteland property as established by the director. No real property under a lease having an unexpired term of less than 30 years shall be eligible for classification as wasteland development property.

(Sec. 8-8.2, R.O. 1978 (1983 Ed.)) (1990 Code, Ch. 8, Art. 8, § 8-8.2)