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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. 29For a county, a revitalization area shall include only30property which will be used as industrial property31only.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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