Idaho Statutes

§ 50-3101 — PURPOSE, RELATIONSHIP WITH OTHER LAWS AND SHORT TITLE

Idaho·Title 50 MUNICIPAL CORPORATIONS·Ch. 31 COMMUNITY INFRASTRUCTURE DISTRICT ACT
(1)The purpose of this chapter is:
(a)To encourage the funding and construction of regional community infrastructure in advance of actual developmental growth that creates the need for such additional infrastructure;
(b)To provide a means for the advance payment of development impact fees established in chapter 82, title 67, Idaho Code, and the community infrastructure that may be financed thereby; and
(c)To create additional financial tools and financing mechanisms that allow new growth to more expediently pay for itself.
(2)Only community infrastructure to be publicly owned by this state or a political subdivision thereof may be financed pursuant to this chapter.
(3)A community infrastructure district may only be formed pursuant to this chapter by a city in the city’s incorporated

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Legislative History

[50-3101, added 2008, ch. 410, sec. 1, p. 1140.]

Nearby Sections

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