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Cleburne County Commission forwards draft law to create county economic development authority, omits proposed tax redirection
Summary
Commissioners approved sending a draft act to the local legislative delegation to create a Cleburne County Economic Development Authority after removing proposed redirecting-tax language (subsection c). The draft spells out membership, powers including bonding and tax abatement, and allows the authority to be funded from multiple sources.
The Cleburne County Commission voted to forward a draft act to the county's legislative delegation to establish a Cleburne County Economic Development Authority, approving the version with subsection c (the redirecting-tax language) removed.
The measure, read aloud at the meeting, would create an authority composed of appointed county and municipal members serving staggered initial terms and thereafter four-year terms. The draft grants the authority powers commonly available to local industrial development authorities, including issuing bonds, acquiring and disposing of property, and entering leases. The draft also says members would serve without compensation but be…
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