Alabama § 11-54B-56 Operation in Other Designated Project Areas

Alabama Statutes

§ 11-54B-56 — Operation in Other Designated Project Areas

Alabama·Title 11 Counties and Municipal Corporations·Ch. 54B Self-Help Business Improvement Districts·Art. 2 Self-Help Business Improvement Districts in Class 2 Municipalities

This article shall not prohibit a municipality from including a self-help business improvement district within the bounds of any area, district, or zone including any enterprise zone established pursuant to law which has as one of its purposes the encouragement of the construction of improvements or the rehabilitation of properties located within those boundaries, or the inducement of private enterprises to locate within those boundaries, whether by tax credits, exemptions, or abatements, or by special public financing arrangements.

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This article shall not prohibit a municipality from including a self-help business improvement district within the bounds of any area, district, or zone including any enterprise zone established pursuant to law which has as one of its purposes the encouragement of the construction of improvements or the rehabilitation of properties located within those boundaries, or the inducement of private enterprises to locate within those boundaries, whether by tax credits, exemptions, or abatements, or by special public financing arrangements.

Alabama § 11-54B-56 (Operation in Other Designated Project Areas) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.