§ 40-58-20.1 — Use of tax increment financing for the development of certain industrial or commercial property - Public hearing - Eligible costs of development

North Dakota § 40-58-20.1

• Jurisdiction: North Dakota
• Title 40: Municipal Government
• Ch. 40-58: Urban Renewal Law

Text

subsection, the municipality may exercise its urban renewal project powers through a
board or commissioner or through any officers of the municipality as the governing
body may by resolution determine.

2. As used in this section, the term "urban renewal project powers" includes the rights,
powers, functions, and duties of a municipality under this chapter, except the following:
a. The power to determine an area to be industrial or commercial property or a slum
or blighted area or combination thereof and to designate the property or area as
appropriate for a development or renewal project;
b. The power to approve and amend development or renewal plans and to hold any
public hearings required with respect to those plans;
c. The power to establish a general plan for the locality as a whole;
d. The power to formulate a workable program under section 40-58-04;
e. The powers, duties, and functions referred to in section 40-58-18;
f. The power to make the determinations and findings provided for in sections
40-58-03 and 40-58-05 and subsection 4 of section 40-58-06;
g. The power to issue general obligation bonds; and
h. The power to appropriate funds, to levy taxes within the limitations of the capital
improvements fund under section 57-15-38 and to levy assessments, and to
exercise other powers provided for in subsection 8 of section 40-58-07.