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Any funds needed for projects, acquisition, administration, or enforcement under this subchapter shall be subject to the standard processes and policies that govern the City of Madison's budgeting and expenditures.
(Ord. 2021-10, passed 8-3-21)
REDEVELOPMENT AUTHORITY
Pursuant to IC 36-7-14.5-7, the City of Madison Redevelopment Authority (the “Redevelopment Authority”) is hereby created as a separate body corporate and politic and as an instrumentality of the city for the purposes and to exercise the powers set forth in IC 36-7-14.5 (“the Act”) or otherwise granted by law. The Redevelopment Authority shall be governed by a board of directors consisting of three members, each of whom shall be appointed by the Mayor of the city.
(Ord. 2022-16, passed 9-6-22)