7-15-4280. Resolution of necessity required for targeted economic development district. A local government may not exercise the powers provided in part 43 or this part unless it has adopted a resolution of necessity finding that:
     (1) one or more infrastructure-deficient areas exist in the local government; and
     (2) the infrastructure improvement of the area is necessary for the welfare of the residents of the local government.

     History: En. Sec. 4, Ch. 214, L. 2013.