HB0068 - Tax increment financing.

15‑9‑103(a)(iii) "Blighted area" means an area which by reason of the presence of not less than two (2) conditions for a blighted area specified in this paragraph. The conditions for a blighted area are

1. a substantial number of slums,
2. deteriorated or deteriorating structures,
3. predominance of defective or inadequate street layout,
4. faulty lot layout in relation to size,
5. adequacy,
6. accessibility or usefulness,
7. unsanitary or unsafe conditions,
8. deterioration of site or other improvements,
9. diversity of ownership,
10. tax or special assessments,
11. delinquency exceeding the fair value of the land,
12. defective or unusual conditions of title, or
    1. the existence of conditions which endanger life or property by fire and other causes, or
    2. any combination of those factors,
    3. substantially impairs or arrests the sound growth of a municipality,
13. retards the provision of housing accommodations or constitutes an economic or social liability and is a menace to the public health,
14. safety,
15. morals or welfare in its present condition and use.