Sec. 9.5. (a) This section applies only to a municipal military base reuse authority in an excluded city that is located in a county with a consolidated city.

     (b) This section applies in the absence of an agreement in effect for payment by the reuse authority to the excluded city for police, fire protection, and utility services provided by the excluded city.

     (c) As used in this section, “city services” means police, fire protection, and utility services.

     (d) After December 31, 2016, the municipal military base reuse authority shall pay the excluded city for city services that are provided by the excluded city to the reuse area. The amount the municipal military base reuse authority shall pay for the city services is as follows:

(1) Police and fire protection services must be paid at the same property tax rate imposed on taxpayers located within the excluded city.

(2) Utility services must be paid at the same rates and charges imposed upon property owners located within the excluded city.

     (e) The payment for city services under this section is subordinate to those debt service payments for bonds of the municipal military base reuse authority issued before January 1, 2016.

     (f) The payment for city services under this section shall be determined by a financial advisor with the approval, by written agreement, of the excluded city and the municipal military base reuse authority not later than August 1 of each year. Any deficiencies in payment of the fee for city services in a budget year must be replenished from the next available municipal military base reuse revenues subordinate to payment of debt service.

As added by P.L.91-2016, SEC.1.