House Journal: Page 1361: Friday, April 25, 2003
48 amendment proposes to add a project to an urban
49 renewal plan or proposes to add territory to an urban
50 renewal area or proposes to sever territory from an
Page 2
1 urban renewal area.
2 If a city proposes an amendment to an urban renewal
3 plan to sever territory from an urban renewal area,
4 each county where the territory to be severed is
5 located must, within thirty days of the conclusion of
6 the consultation process, adopt a resolution approving
7 or rejecting the proposed amendment. If a resolution
8 approving the proposed amendment to an urban renewal
9 plan is received from each county where the territory
10 to be severed is located, or if the board of
11 supervisors of each county where the territory to be
12 severed is located takes no action within the thirty-
13 day time period, the governing body of the city may
14 proceed with the proposed amendment. If one or more
15 resolutions rejecting the proposed amendment to sever
16 the territory is received, the governing body of the
17 city shall not proceed with the proposed amendment to
18 the urban renewal plan.
19 If an urban renewal plan is amended and the
20 amendment to the plan provides for the addition of
21 territory to the urban renewal area, the assessment
22 year established for the territory added for purposes
23 of dividing revenue under section 403.19 shall be the
24 assessment year determined pursuant to section 403.19,
25 subsection 10.
26 6. Upon the approval by a municipality of an urban
27 renewal plan or of any modification thereof amendment
28 to an urban renewal plan, such plan or modification
29 amendment shall be deemed to be in full force and
30 effect for the respective urban renewal area, and the
31 municipality may then cause such plan or modification
32 amendment to be carried out in accordance with its
33 terms.
34 Sec. 4. Section 403.5, Code 2003, is amended by
35 adding the following new subsection:
36 NEW SUBSECTION. 8. The designation of an urban
37 renewal area pursuant to this section shall be limited
38 in duration to twenty years counting from July 1 of
39 the first fiscal year in which the municipality
40 receives moneys from a division of revenue pursuant to
41 section 403.19. However, the duration of an urban
42 renewal area established before July 1, 2003, shall be
43 limited to twenty years counting from July 1 of the
44 first fiscal year in which the municipality received
45 moneys from a division of revenue pursuant to section
46 403.19, or shall end June 30 of the fiscal year in
© 2003 Cornell College and
League of Women Voters of Iowa
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