17C-2-301. Development impediment study -- Requirements -- Deadline.
(1) An agency shall ensure that each development impediment study required under Subsection: 17C-2-102(1)(a)(i)(A) undertakes a parcel by parcel survey of the survey area; provides data so the board and taxing entity committee may determine: whether the conditions described in Subsection: 17C-2-303(1) exist in part or all of the survey area; and qualify an area within the survey area as a project area; and whether the survey area contains all or part of a superfund site, an inactive industrial site, or inactive airport site; includes a written report setting forth: the conclusions reached; any recommended area within the survey area qualifying as a project area; and any other information requested by the agency to determine whether an urban renewal project area is feasible; and is completed within one year after the adoption of the survey area resolution.
(2) If a development impediment study is not completed within one year after the adoption of the resolution under Subsectiondesignating a survey area, the agency may not approve an urban renewal project area plan based on that development impediment study unless the agency first adopts a new resolution under Subsection. 17C-2-101.5(1) 17C-2-101.5(1) A new resolution under Subsectionshall in all respects be considered to be a resolution under Subsectionadopted for the first time, except that any actions taken toward completing a development impediment study under the resolution that the new resolution replaces shall be considered to have been taken under the new resolution. (2)(a) 17C-2-101.5(1)