Mississippi Resolution Directing Hearing on Proposed Approval of Combination Redevelopment Plan and Tax Increment Financing Plan

State:
Mississippi
Control #:
MS-61540
Format:
Word; 
Rich Text
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Understanding this form

The Resolution Directing Hearing on Proposed Approval of Combination Redevelopment Plan and Tax Increment Financing Plan is a legal document used by local government authorities in Mississippi. This form outlines the procedural steps necessary to hold a public hearing regarding a combination redevelopment plan and a tax increment financing plan. Its purpose is to ensure compliance with legal requirements before the approval of significant local development initiatives, setting it apart from other generic redevelopment forms by its specific focus on tax increment financing and public engagement.

Form components explained

  • Preamble: Establishes the authority for the resolution and outlines the context of the proposed plans.
  • Public hearing notification: Details the requirements for publishing notice of the public hearing.
  • Review submission: Instructs the Planning Commission to review the proposed plan and make recommendations.
  • Communication with local government: Directs the transmission of the resolution and plan to the Board of Supervisors for approval.
  • Certification: Provides a statement of action taken by the Mayor and Governing Authority upon adoption of the resolution.
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  • Preview Resolution Directing Hearing on Proposed Approval of Combination Redevelopment Plan and Tax Increment Financing Plan
  • Preview Resolution Directing Hearing on Proposed Approval of Combination Redevelopment Plan and Tax Increment Financing Plan
  • Preview Resolution Directing Hearing on Proposed Approval of Combination Redevelopment Plan and Tax Increment Financing Plan
  • Preview Resolution Directing Hearing on Proposed Approval of Combination Redevelopment Plan and Tax Increment Financing Plan

When this form is needed

This form should be utilized when a city or local government entity in Mississippi intends to conduct a public hearing related to a redevelopment initiative that includes tax increment financing. It is essential to use this form whenever there is a need to comply with legal requirements before executing redevelopment plans, ensuring transparency and public participation in local decisions.

Intended users of this form

  • City officials and planners: Those responsible for initiating redevelopment projects.
  • Members of local government: Aldermen and other elected officials tasked with approving financial arrangements.
  • Legal advisors: Attorneys providing guidance on compliance with Mississippi statutes relating to redevelopment.
  • Community stakeholders: Groups or individuals interested in participating in the public hearing process.

Completing this form step by step

  • Identify the governing authority: Add the names of the Mayor and Board of Aldermen as the responsible parties.
  • Draft the preamble: Clearly outline the context and purpose of the redevelopment and tax increment financing plans.
  • Specify notice publication details: Include the name of the newspaper and schedule for public hearing notification as mandated by law.
  • Direct the Planning Commission: Include instructions for the Planning Commission to review the plan.
  • Obtain necessary signatures: Ensure that the resolution is signed by the Mayor and recorded appropriately.

Is notarization required?

This form does not typically require notarization to be legally valid. However, some jurisdictions or document types may still require it. US Legal Forms provides secure online notarization powered by Notarize, available 24/7 for added convenience.

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We protect your documents and personal data by following strict security and privacy standards.

Common mistakes to avoid

  • Failing to publish the notice within the required timeframe.
  • Not including all necessary appendices and details in the plan.
  • Neglecting to obtain proper reviews from relevant authorities, like the Planning Commission.
  • Inaccurate information about the governing authority or the specifics of the public hearing.

Why complete this form online

  • Convenience: Easily accessible and downloadable for immediate use.
  • Editability: Customize the form as needed to fit specific project requirements.
  • Reliability: Forms drafted by licensed attorneys ensure compliance with state statutes.

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Mississippi Resolution Directing Hearing on Proposed Approval of Combination Redevelopment Plan and Tax Increment Financing Plan