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SENATE BILL 1175 |
SENATE AUTHOR: Wentworth |
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EFFECTIVE: 9-1-99 |
HOUSE SPONSOR: Krusee |
Senate Bill 1175 amends the law regarding land development by political subdivisions. The act provides that if, after March 9, 1999, and before March 9, 2019, a political subdivision changes land development regulations that apply to more than 20 percent of the land in an assessment road district in a manner that reduces the amount of impervious cover or the total allowable floor area of a building on developed land, the political subdivision must pay the outstanding bonded indebtedness of the road district. The payment must occur before the regulation change takes effect, and provisions do not apply to an affected landowner who agrees in writing to the change in regulation.
Senate Bill 1175 also provides that a person who owns land within 1,500 feet outside the boundaries of an assessment road district may request the governing body of the district to annex any part of the owner's land that is within two miles of the district's boundaries. The governing body may annex the land by resolution and, after annexation, must reapportion the remaining assessment on a per-acre basis for all of the owner's land in the district. Provisions of the act expire March 10, 2019.