Title 17C, Title 17C: Limited Purpose Local Government Entities - Community Reinvestment Agency Act

17C-6-203. Allowable uses of zone revenue. (1) An agency that is assigned to manage a zone shall use zone revenue within: the zone; and an impacted primary area, if the agency finds that the use of the zone revenue will: directly benefit the zone; and promote the objectives of th…

17C-6-301. Private-public partnerships for a zone. (1) A person that seeks to enter into a private-public partnership with an agency shall provide the agency with an application that: demonstrates the applicant is qualified to operate, in whole or in part, a project within the zo…

17C-6-401. Regionally significant development zone budgets. (1) An agency shall develop a budget for the zone in accordance with: Chapter 1, Part 6, Agency Annual Report, Budget, and Audit Requirements; and this section. (2) An agency: may incorporate a zone budget into the agenc…

17C-6-402. Audits -- County auditor reports. (1) An agency shall comply with the same auditing requirements that are described in Sectionsandin regard to the regionally significant development zone. 17C-1-604 17C-1-605 (2) The county auditor for a county in which a zone is create…

17C-6-403. Reporting. (1) Beginning the second year after the effective date of a zone, an agency shall produce a biennial written report in accordance with this section no later than September 1. (2) Notwithstanding Section, the report described in Subsectionshall: 17C-1-609 (1)…

17C-6-404. Use of financing district. If an agency creates or utilizes a financing district to fulfill one or more objectives of the zone, the agency and the creating entity shall ensure that the financing district complies with the same budgeting, auditing, and reporting require…