7-8-2502. Application of part.
7-8-2502. Application of part. (1) Any land offered for sale by the county commissioners of any county pursuant to 7-8-2301 and not sold at the sale, any land classified for retention by the county, any land concerning which the preferential right to purchase has been terminated and barred pursuant to the provisions of 7-8-2303, and any other land owned by the county, however acquired, may, in the discretion and at the election of the board, be:
(a) administered by the board under this part; or
(b) donated or sold at a reduced price to a corporation for the purpose of constructing:
(i) a multifamily housing development operated by the corporation for low-income housing;
(ii) single-family houses. Upon completion of a house, the corporation shall sell the property to a low-income person who meets the eligibility requirements of the corporation. Once the sale is completed, the property becomes subject to taxation.
(iii) improvements to real property or modifying, altering, or repairing improvements to real property that will enable the corporation, subject to the restrictions of Article X, section 6, of the Montana constitution, to pursue purposes specified in the articles of incorporation of the corporation, including the sale, lease, rental, or other use of the donated land and improvements.
(2) The board may in its discretion elect to exercise any of the powers and authority granted to it by this part, and to the extent that the board elects, the provisions of this part are controlling and supersede all conflicting provisions of other laws.
(3) The sale, exchange, lease, donation, or issuance of licenses and permits of county land as provided in this part extends only to land not necessary to the conduct of the county's business.
(4) Land that is transferred pursuant to subsection (1)(b) must be used to permanently provide low-income housing. The transfer of the property may contain a reversionary clause to reflect this condition.
History: (1), (2)En. 84-4192.1 by Sec. 3, Ch. 540, L. 1975; Sec. 84-4192.1, R.C.M. 1947; (3)En. 84-4192.2 by Sec. 4, Ch. 540, L. 1975; Sec. 84-4192.2, R.C.M. 1947; R.C.M. 1947, 84-4192.1(part), 84-4192.2(part); amd. Sec. 4, Ch. 280, L. 1995; amd. Sec. 5, Ch. 170, L. 2009.