Moneys shall be paid out of the special fund created under § 11-9-31 only to pay project costs or grants of the district, to reimburse the municipality for the payments, or to satisfy claims of holders of tax increment bonds issued for the district.

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Source: SL 1978, ch 91, § 18; SL 2011, ch 73, § 9; SL 2018, ch 70, § 33.