28E.39 - REFERENDUM FOR AD VALOREM TAX SHARING.
28E.39 REFERENDUM FOR AD VALOREM TAX SHARING.
An agreement establishing a community cluster shall require the
approval of the registered voters residing within the area of the
cluster if the agreement provides for the sharing of revenues from ad
valorem property taxes. The proposition shall be submitted to the
electorate by each governmental unit forming the community cluster to
the electors residing within the area of the governmental unit at a
general election or at a special election. However, if a county has
designated only certain townships as being included within the
community cluster, the proposition shall be submitted to the
electorate of the county residing only in the townships included in
the community cluster.
The ballot for the election shall be prepared in substantially the
form for submitting special questions at general elections.
If a majority of the registered voters in the area of each
governmental unit within the proposed community cluster voting on the
proposition vote in favor of the proposition then the agreement
establishing the community cluster shall take effect and the sharing
of revenues from ad valorem property taxes is authorized. If the
proposition fails in the area of one or more governmental units
within the proposed community cluster voting on the proposition then
the governmental units in which the proposition passed may establish
the community cluster in those areas in which the proposition passed
and the sharing of revenues from ad valorem property taxes is
authorized. Section History: Recent Form
90 Acts, ch 1200, §5; 95 Acts, ch 67, §53