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South Carolina Statutes, Title 31

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Title 31, Housing and Redevelopment

18 chapters · 335 sections in this title.

All chapters in Title 31335 Ch 3, Title 31, Chapter 393 Ch 1, Title 31, Chapter 139 Ch 13, Title 31, Chapter 1336 Ch 12, Title 31, Chapter 1222 Ch 15, Title 31, Chapter 1522 Ch 10, Title 31, Chapter 1016 Ch 7, Title 31, Chapter 715 Ch 21, Title 31, Chapter 2115 Ch 6, Title 31, Chapter 613 Ch 9, Title 31, Chapter 911 Ch 17, Title 31, Chapter 1711 Ch 11, Title 31, Chapter 1110 Ch 5, Title 31, Chapter 57 Ch 18, Title 31, Chapter 186

22 sections·Filtered byTitle 31✕Ch 12✕

S.C. Code Ann. § 31-12-10 Short title
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This chapter may be cited as the "Federal Defense Facilities Redevelopment Law".
S.C. Code Ann. § 31-12-100 Dissolution of redevelopment authority; tax increment finance districts
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(A) An authority created pursuant to this chapter may dissolve the authority by a two-thirds vote of the entire number of authorized members if no property remains for redevelopment or if the authority decides to transfer the remaining redevelopment properties to another public b…
S.C. Code Ann. § 31-12-110 Authority is an "agency"
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Notwithstanding any provision of law or regulation, an authority is an "agency" for purposes of Chapter 78 of Title 15.
S.C. Code Ann. § 31-12-120 Compliance with Consolidated Procurement Code
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Notwithstanding any provision of law or regulation, an authority must comply with the provisions of Chapter 35 of Title 11, South Carolina Consolidated Procurement Code, and the related regulations issued by the State Fiscal Accountability Authority. If a provision of this chapte…

S.C. Code Ann. § 31-12-20 Legislative findings

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The General Assembly finds that: (1) As a result of the closure, realignment, and drastic downsizing of federal military installations and other federal defense sites in the United States, federal property located in the State has and will become available for the state's use. It…

S.C. Code Ann. § 31-12-200 Property scheduled for disposal to constitute a tax increment finance district

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Upon creation of a redevelopment authority by the Governor, properties scheduled for disposal within a particular municipality, whether contiguous or not, including to the extent that the State may then or afterwards have or acquire jurisdiction, all properties over which the Sta…

S.C. Code Ann. § 31-12-210 Issuance of obligations for redevelopment project by municipality

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(A) Obligations secured by the special tax allocation fund set forth in Section 31-12-270 for the redevelopment project area may be issued by the municipality upon the request of the authority to provide for redevelopment project costs. The obligations must be retired in the mann…

S.C. Code Ann. § 31-12-250 Disposition of proceeds of obligations

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The proceeds from obligations issued under authority of Sections 31-12-200 through 31-12-320 of this chapter must be applied only for the purpose for which they were issued. Any premium and accrued interest received in a sale must be applied to the payment of the principal of or …

S.C. Code Ann. § 31-12-260 Obligations exempt from taxation

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The obligations authorized by this chapter and the income from the obligations and all security agreements and indentures executed as security for the obligations made pursuant to the provisions of this chapter and the revenue derived from the obligations are exempt from all taxa…

S.C. Code Ann. § 31-12-270 Adoption of ordinance concurring in redevelopment plan; issuance of obligations; retirement of obligations; disposition of funds

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(A) A municipality, after the adoption of an ordinance pursuant to Section 31-12-280 concurring in an authority's redevelopment plan, may issue obligations under this chapter upon the request of the redevelopment authority to finance the redevelopment project upon adoption of an …

S.C. Code Ann. § 31-12-280 Prerequisites to issuance of obligations

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(A) Before the issuance of obligations under this chapter, the municipality must set forth by way of ordinance the following: (1) a copy of the redevelopment plan of the authority; (2) a statement indicating the need for and proposed use of the proceeds of the obligations in rela…

S.C. Code Ann. § 31-12-290 Special tax allocation fund; carrying forward of unexpended funds

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During the existence of the special tax allocation fund created pursuant to this chapter, funds not otherwise expended may be carried forward from year to year to be applied to future years' obligations and redevelopment costs and are not surplus funds subject to distribution pur…

S.C. Code Ann. § 31-12-30 Definitions

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As used in this chapter, unless the context clearly indicates otherwise: (1) "Area of operation" means the area within the territorial boundaries of the counties entitled to representation on an authority which consists of both the real property to be disposed of by an authority …

S.C. Code Ann. § 31-12-300 Certification by county auditor; determination of value taxable property in project area

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(A) If a municipality authorizes by ordinance the issuance of obligations pursuant to Section 31-12-210, the auditor of the county in which the municipality is situated, immediately after adoption of the ordinance pursuant to Section 31-12-210 and upon request of the municipality…

S.C. Code Ann. § 31-12-310 Disposition of revenues

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(A) Revenues received by the municipality or authority from any property, building, or facility owned by the municipality or authority, or any agency or authority established by the municipality, in the redevelopment project area may be used to pay redevelopment project costs or …

S.C. Code Ann. § 31-12-320 Joint approval of redevelopment plan covering more than one municipality

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If the redevelopment project area is located within more than one municipality, the municipalities may approve jointly a redevelopment plan and authorize obligations as provided under the provisions of this chapter.

S.C. Code Ann. § 31-12-40 Redevelopment authorities; creation; membership

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(A) The Governor may create separate and distinct bodies corporate and politic to be known as redevelopment authorities to oversee the disposition of real and personal federal property that has been or will be turned over to the State or to the redevelopment authority as referred…

S.C. Code Ann. § 31-12-50 Redevelopment authority members; terms of office; filling vacancies; removal; reimbursement of expenses

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(A) The term of office for members appointed pursuant to Sections 31-12-40(B) and 31-12-40(C) is as follows: one of the state representatives, one of the county representatives, and one of the municipality representatives shall serve a four-year term as designated by the respecti…

S.C. Code Ann. § 31-12-60 Officers; employees; quorum; personal liability of members; delegation of powers

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(A) The Governor's at-large appointment shall serve for a two-year term as chairman of any authority initially established. The authority shall select its vice chairman and such other officers as the authority may determine from its membership. The authority shall select its chai…

S.C. Code Ann. § 31-12-70 Powers of redevelopment authority

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(A) An authority is a public body, corporate and politic, exercising public and essential governmental powers, including powers necessary or appropriate to carry out and effectuate the purposes and provisions of this chapter, including the following powers: (1) to make and from t…

S.C. Code Ann. § 31-12-80 Powers of public body acting in cooperation with redevelopment authority

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(A) A public body, including the State and any political subdivision or any public or quasi-public entity or affiliated corporate entity by whatever name whose board is appointed pursuant to an act of the General Assembly, upon such terms, with or without consideration, for the p…

S.C. Code Ann. § 31-12-90 Profits prohibited

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Notwithstanding any provision of law, neither the State nor any political subdivision or any public or quasi-public entity or affiliated corporate entity by whatever name whose board is appointed pursuant to an act of the General Assembly or any nonprofit public or nonprofit priv…