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House Journal: Page 1585: Thursday, April 11, 1996

Page   4

 1   inserting the following:
 2     "2.  The board of supervisors of a county with a
 3   population of twenty thousand or more may adopt an
 4   ordinance providing that property acquired and
 5   subdivided for development of".
 6     10.  Page 25, by striking lines 17 through 20 and
 7   inserting the following:
 8                        "DIVISION 101
 9     Sec. ___.  Section 404.2, subsection 2, paragraph
10   f, unnumbered paragraph 1, Code 1995, is amended to
11   read as follows:
12     A statement specifying whether the revitalization
13   is applicable to none, some, or all of the property
14   assessed as residential, agricultural, commercial or
15   industrial property within the designated area or a
16   combination thereof and whether the revitalization is
17   for rehabilitation and additions to existing buildings
18   or new construction or both.  If revitalization is
19   made applicable only to some property within an
20   assessment classification, the definition of that
21   subset of eligible property must be by uniform
22   criteria which further some planning objective
23   identified in the plan.  The city shall state how long
24   it is estimated that the area shall remain a
25   designated revitalization area which time shall be
26   longer than one year from the date of designation and
27   shall state any plan by the city to issue revenue
28   bonds for revitalization projects within the area.
29   For a county, a revitalization area shall include only
30   property which will be used as industrial property
31   only.
32     Sec. ___.  Section 404.2, subsection 6, Code 1995,
33   is amended to read as follows:
34     6.  The city or county has adopted the proposed or
35   amended plan for the revitalization area after the
36   requisite number of hearings.  The city or county may
37   subsequently amend this plan after a hearing.  Notice
38   of the hearing shall be published as provided in
39   section 362.3 or 331.305, except that at least seven
40   days' notice must be given and the public hearing
41   shall not be held earlier than the next regularly
42   scheduled city council or board of supervisors meeting
43   following the published notice.  A city which has
44   adopted a plan for a revitalization area which covers
45   all property within the city limits may amend that
46   plan at any time, pursuant to this section, to include
47   property which has been or will be annexed to the
48   city.  The provisions of the original plan shall be
49   applicable to the property which is annexed and the
50   property shall be considered to have been part of the

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