SEC. 21-33-517. Delegation of authority to urban renewal agency or redevelopment authority.
The governing body of a municipality that has established a special local improvement taxing district under Section 21-33-503(1), by resolution or order adopted by such governing body, may delegate the other authority granted under this article, including the authority to plan, construct and maintain local improvements pursuant to Section 21-33-505(1) and the authority to issue bonds pursuant to Section 21-33-511, to the urban renewal agency or the redevelopment authority of the municipality. If such authority has been so delegated hereunder and thereafter exercised, then any taxes levied hereunder shall be paid, upon receipt by the municipality, to the entity to which such authority has been delegated.
SOURCES: Laws, 1993, ch. 573, Sec. 9, eff from and after passage (approved April 19, 1993) and shall stand repealed July 1, 1998; reenacted without change, Laws, 1998, Ch. 502, § 9, HB 652, eff July 1, 1998, and shall stand repealed July 1, 2001. Amended by Laws 2000, Ch. 459, Sec. 8, HB1545, eff. from and after effectuation under Section 5 of the Voting Rights Act of 1965, as amended and extended.
PREVIOUS VERSIONS: Pre-2000