ARM 42.19.1406

ARM 42.19.1406. NEW AEROSPACE TRANSPORTATION AND TECHNOLOGY TAX INCREMENT FINANCING DISTRICTS – INFORMATION REQUIRED TO ENABLE THE DEPARTMENT TO CERTIFY BASE TAXABLE VALUE

SupersededLast amended: 2008Length: 223 wordsOfficial source

Cite as Mont. Admin. R. 42.19.1406

(1) The department will certify the base taxable value of a newly created aerospace technology and transportation TIFD if the department determines that the following information exists and has been provided to the department: (a) a map representing the TIFD's boundary including a legal description of the TIFD; (b) a copy of the ordinance zoning the area within the TIFD for use in accordance with the local government's growth policy; (c) a copy of the local government's growth policy; (d) a copy of the notice of public hearing required under 7-15-4296, MCA; (e) a certified copy of the ordinance approving the technology district and the tax increment provision under 7-15-4216, MCA, and including: (i) a statement that the TIFD does not include any property included in an urban renewal district or an industrial district; and (ii) a statement that the purpose of the TIFD complies with the requirements of 7-15-4296, MCA; (f) the name of the TIFD; and (g) a list of the geocodes for all real property, the assessor codes for all personal property, and a description of all centrally assessed property located within the TIFD at the time of its creation. (2) The local government that has created the TIFD will provide the information described in (1) to the department when it notifies the department that the TIFD has been created.
ARM 42.19.1406: ARM 42.19.1406. NEW AEROSPACE TRANSPORTATION AND TECHNOLOGY TAX INCREMENT FINANCING DISTRICTS – INFORMATION REQUIRED TO ENABLE THE DEPARTMENT TO CERTIFY BASE TAXABLE VALUE | Justis AI