The board of county commissioners or the municipal governing body that approves the adoption of a reduced value, pursuant to § 10-6-137.1, for any residential structure within a redevelopment neighborhood, shall, by ordinance, identify the boundaries of the redevelopment neighborhood in which the reduced value will be available.

The boundaries of the redevelopment neighborhood need not be contiguous.

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Source: SL 1993, ch 82, § 2A; SL 2020, ch 39, § 10; SL 2021, ch 44, § 44; SL 2022, ch 29, § 4.