Superseded 7/1/2023 17C-5-105. Community reinvestment project area plan requirements. An agency shall ensure that each community reinvestment project area plan and proposed community reinvestment project area plan:
(1)
subject to Section 17C-1-414, if applicable, includes a boundary description and a map of the community reinvestment project area;
Community reinvestment project area plan: means a project area plan adopted under 1. See Utah Code 17C-1-102
Development impediment: means a condition of an area that meets the requirements described in Section 17C-2-303 for an urban renewal project area or Section 17C-5-405 for a community reinvestment project area. See Utah Code 17C-1-102
Participant: means one or more persons that enter into a participation agreement with an agency. See Utah Code 17C-1-102
Project area: means the geographic area described in a project area plan within which the project area development described in the project area plan takes place or is proposed to take place. See Utah Code 17C-1-102
Project area development: means activity within a project area that, as determined by the board, encourages, promotes, or provides development or redevelopment for the purpose of implementing a project area plan, including:
(a)
promoting, creating, or retaining public or private jobs within the state or a community;
(b)
providing office, manufacturing, warehousing, distribution, parking, or other facilities or improvements;
(c)
planning, designing, demolishing, clearing, constructing, rehabilitating, or remediating environmental issues;
(d)
providing residential, commercial, industrial, public, or other structures or spaces, including recreational and other facilities incidental or appurtenant to the structures or spaces;
(e)
altering, improving, modernizing, demolishing, reconstructing, or rehabilitating existing structures;
(f)
providing open space, including streets or other public grounds or space around buildings;
(g)
providing public or private buildings, infrastructure, structures, or improvements;
(h)
relocating a business;
(i)
improving public or private recreation areas or other public grounds;
(j)
eliminating a development impediment or the causes of a development impediment;
(k)
redevelopment as defined under the law in effect before May 1, 2006; or
(l)
any activity described in this Subsection (48) outside of a project area that the board determines to be a benefit to the project area. See Utah Code 17C-1-102
Project area plan: means an urban renewal project area plan, an economic development project area plan, a community development project area plan, or a community reinvestment project area plan that, after the project area plan's effective date, guides and controls the project area development. See Utah Code 17C-1-102
Taxing entity: means a public entity that:
(a)
levies a tax on property located within a project area; or
contains a general statement of the existing land uses, layout of principal streets, population densities, and building intensities of the community reinvestment project area and how each will be affected by project area development;
(3)
states the standards that will guide project area development;
(4)
shows how project area development will further purposes of this title;
(5)
is consistent with the general plan of the community in which the community reinvestment project area is located and shows that project area development will conform to the community’s general plan;
(6)
if applicable, describes how project area development will eliminate or reduce a development impediment in the community reinvestment project area;
(7)
describes any specific project area development that is the object of the community reinvestment project area plan;
(8)
if applicable, explains how the agency plans to select a participant;
(9)
states each reason the agency selected the community reinvestment project area;
(10)
describes the physical, social, and economic conditions that exist in the community reinvestment project area;
(11)
describes each type of financial assistance that the agency anticipates offering a participant;
(12)
includes an analysis or description of the anticipated public benefit resulting from project area development, including benefits to the community’s economic activity and tax base;
(13)
if applicable, states that the agency shall comply with Section 9-8-404 as required under Section 17C-5-106;
(14)
for a community reinvestment project area plan that an agency adopted before May 14, 2019, states whether the community reinvestment project area plan or proposed community reinvestment project area plan is subject to a taxing entity committee or an interlocal agreement; and
(15)
includes other information that the agency determines to be necessary or advisable.
