§ 44-137. Sunset provision.

Latest version.

These guidelines and criteria for tax abatement are readopted and will expire on May 16, 2020. These guidelines and criteria shall apply to all applications subsequently considered by city council prior to the expiration date. At the expiration of these guidelines and criteria, all reinvestment zones and agreements created and entered into pursuant to these provisions shall be reviewed to determine whether the goals have been achieved. Based on that review, the guidelines and criteria shall be modified, renewed or eliminated. The expiration of these guidelines shall not affect the validity or enforceability (for the full term thereof) of any agreement entered into when these guidelines were in effect.

(Ord. No. 2018-391 , § 2(Exh. A), 5-16-2018)

                    
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