The board of county commissioners or the municipal governing body that approves the adoption of a reduced value, pursuant to § 10-6-137.1, for any residential structure within a redevelopment neighborhood, shall, by ordinance, identify the boundaries of the redevelopment neighborhood in which the reduced value will be available.

The boundaries of the redevelopment neighborhood need not be contiguous.

Source: SL 1993, ch 82, § 2A; SL 2020, ch 39, § 10; SL 2021, ch 44, § 44; SL 2022, ch 29, § 4.