SECTION 14. Repayment


Latest version.
  • [ Text of section effective until March 29, 2019. For text effective March 29, 2019, see below.]

      Section 14. If, within 3 years, no construction has been started within the smart growth zoning district or starter home zoning district, the department shall require the cities and towns to repay to the department all monies paid to the city or town under this chapter for said smart growth zoning district or starter home zoning district. Said 3 years shall commence on the date of the payment of the zoning incentive payment for said smart growth zoning district or starter home zoning district. All monies repaid to the department under this section shall be returned to the trust fund.

    [ Text of section as amended by 2019, 5, Sec. 14 effective March 29, 2019. For text effective until March 29, 2019, see above.]

      Section 14. If, within 3 years, no construction has been started within the smart growth zoning district or starter home zoning district, the department shall require the cities and towns to repay to the department all monies paid to the city or town under this chapter for said smart growth zoning district or starter home zoning district. Said 3 years shall commence on the date of the payment of the zoning incentive payment for said smart growth zoning district or starter home zoning district. All monies repaid to the department under this section shall be credited to the funding source from which the payment originated.