Text: SSB03045 Text: SSB03047 Text: SSB03000 - SSB03099 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 403.5, subsection 5, Code Supplement 1 2 1999, is amended to read as follows: 1 3 5. An urban renewal plan may be modified at any time:1 4Provided, provided that, if modified after the lease or sale 1 5 by the municipality of real property in the urban renewal 1 6 project area, such modification may be conditioned upon such 1 7 approval of the owner, lessee, or successor in interest as the 1 8 municipality may deem advisable, and in any event such 1 9 modification shall be subject to such rights at law or in 1 10 equity as a lessee or purchaser, or a lessee's or purchaser's 1 11 successor or successors in interest, may be entitled to 1 12 assert. The municipality shall comply with the notification 1 13 and consultation process provided in this section prior to the 1 14 approval of any amendment or modification to an adopted urban 1 15 renewal plan if such amendment or modification provides for 1 16 refunding bonds or refinancing resulting in an increase in 1 17 debt service or provides for the issuance of bonds or other 1 18 indebtedness, to be funded primarily in the manner provided in 1 19 section 403.19. An urban renewal plan shall not be amended to 1 20 add territory to an urban renewal area. 1 21 Sec. 2. Section 403.5, Code Supplement 1999, is amended by 1 22 adding the following new subsection: 1 23 NEW SUBSECTION. 8. The urban renewal area covered by the 1 24 plan shall be composed of contiguous territory as compact as 1 25 practicable. Parcels included in an urban renewal area may 1 26 share a boundary with the right-of-way of a primary highway, 1 27 secondary road, or street, but such highway, road, or street 1 28 shall not be included as a means of connecting two or more 1 29 noncontiguous parcels. 1 30 Sec. 3. Section 403.19, subsection 1, paragraph b, Code 1 31 1999, is amended by striking the paragraph. 1 32 Sec. 4. APPLICABILITY. Section 2 of this Act applies to 1 33 urban renewal areas established on or after the effective date 1 34 of this Act. Sections 1 and 3 of this Act apply to urban 1 35 renewal plans establishing urban renewal areas, which plans 2 1 were adopted before, on, or after the effective date of this 2 2 Act. 2 3 EXPLANATION 2 4 This bill prohibits a municipality from modifying an urban 2 5 renewal plan to add territory to an urban renewal area. This 2 6 portion of the bill applies to urban renewal plans adopted 2 7 before, on, or after the effective date of the bill. 2 8 The bill also requires that an urban renewal area be 2 9 composed of contiguous territory and be compact in size. 2 10 Parcels in an urban renewal area may border on the right-of- 2 11 way of a highway, road, or street but the highway, road, or 2 12 street cannot be used to connect two noncontiguous parcels. 2 13 This portion of the bill applies to urban renewal areas 2 14 established on or after the effective date of the bill. 2 15 LSB 5148XC 78 2 16 sc/cls/14
Text: SSB03045 Text: SSB03047 Text: SSB03000 - SSB03099 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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