Establishment or designation of contracting authority

Act 2 of 1971, § 1803-C, under TAX REFORM CODE OF 1971.

Act 2 of 1971, § 1803-C

Section 1803-C. Establishment or designation of contracting authority.

(a) Authorization.--The following shall apply:

(1) A city, municipality or municipalities may establish or designate a contracting authority to designate a zone under this article.

(2) The board of directors of the contracting authority of a zone designated after July 1, 2024, shall include:

(i) members with diverse skill sets in the areas of government, law, finance, banking, economic development, community development, planning, project management, project engineering, real estate development and environmental remediation;

(ii) residents of the zone and business owners located in the zone; and

(iii) residents, business owners and business representatives from the city, municipality or municipalities that created the zone.

(b) Distressed cities.--((b) deleted by amendment).

(c) Counties.--((c) deleted by amendment).

(1803-C amended July 11, 2024, P.L.674, No.56)