Article 15 - TAX INCREMENT FOR DEVELOPMENT

Section 5-15-1 - Short title
Section 5-15-2 - Findings and purpose
Section 5-15-3 - Definitions
Section 5-15-4 - Resolution for formation of a district
Section 5-15-5 - Contents of tax increment development plan
Section 5-15-6 - Notice of public hearing
Section 5-15-7 - Public hearing
Section 5-15-8 - Formation determination; election
Section 5-15-8.1 - Posting of notices
Section 5-15-9 - Formation of a district
Section 5-15-10 - Governance of the district
Section 5-15-11 - Records; open meetings
Section 5-15-12 - District powers; limitations
Section 5-15-13 - Authority to impose property tax levy
Section 5-15-14 - Property tax levy rescission election
Section 5-15-15 - Tax increment financing; gross receipts tax increment to secure bonds
Section 5-15-15.1 - Filing fee for evaluating use of state gross receipts tax increment
Section 5-15-16 - Bonding authority; gross receipts tax increment
Section 5-15-17 - Property tax increment bonds
Section 5-15-18 - Bonding authority; property tax increment
Section 5-15-19 - Refunding bonds
Section 5-15-20 - General bonding authority of a tax increment development district; other limitations
Section 5-15-20.1 - Debt service reserve account
Section 5-15-21 - Approval required for issuance of bonds against state gross receipts tax increments
Section 5-15-22 - Exemption from taxation
Section 5-15-23 - Protection from impairment
Section 5-15-24 - Tax increment accounting procedures
Section 5-15-25 - Modification of tax increment development area boundaries or tax increment development plan
Section 5-15-25.1 - Base year revision; resolution; comment period; submission of materials
Section 5-15-25.2 - Base year revision; approval
Section 5-15-25.3 - Base year revision; effect
Section 5-15-26 - Termination of tax increment development district
Section 5-15-27 - Dedication of gross receipts tax increment; notice to taxation and revenue department
Section 5-15-28 - Bond term expiration
Section 5-15-29 - Report required