The purpose of this chapter is to provide for the division of taxes levied on the taxable property in the Urban Renewal Areas of the City each year by and for the benefit of the State, City, County, school districts, or other taxing districts after the effective date of the ordinances codified in this chapter in order to create a special fund to pay the principal of and interest on loans, advances or indebtedness, including bonds proposed to be issued by the City, to finance projects in such areas.
EDITOR’S NOTE | ||
The following ordinances not codified herein, and specifically saved from repeal, have been adopted establishing Urban Renewal Areas in the City and remain in full force and effect. | ||
ORDINANCE NO. | ADOPTED | NAME OF AREA |
EDITOR’S NOTE | ||
The following ordinances not codified herein, and specifically saved from repeal, have been adopted establishing Urban Renewal Areas in the City and remain in full force and effect. | ||
ORDINANCE NO. | ADOPTED | NAME OF AREA |
758 | November 2010 | Downtown Urban Renewal |
762 | November 2010 | Industrial Park Urban Renewal |
791 | November 2, 2015 | HWY No. 10 East Urban Renewal Area |
792 | November 2, 2015 | Puddlejumper Residential Urban Renewal Amendment No. 5 |
793 | November 2, 2015 | 8th Street Corridor Urban Renewal Area |
823 | October 19, 2020 | Amendment No. 6 to the Puddlejumper Residential Urban Renewal Plan |
829 | December 6, 2021 | Amendment No. 3 to the Highway #10 East Urban Renewal Plan |
830 | December 6, 2021 | Salem Avenue Urban Renewal Plan |
831 | December 6, 2021 | Highland Post Urban Renewal Area (Tax Parcels Nos. 2305476012 and 230547613) |
837 | May 2, 2022 | MOC-FV Elementary School Urban Renewal Area |
854 | October 7, 2024 | MOC-FV Elementary School Urban Renewal Area (Gelderland Second Addition Property) |