LCRA Law definition
Examples of LCRA Law in a sentence
The LCRA Law (§§ 99.300 to 99.715, RSMo.) is premised upon the concept that the menace of blight is beyond remedy and control solely by regulatory process in the exercise of the police power and cannot be dealt with effectively by the ordinary operations of private enterprise without the aids provided in the LCRA Law.
Words and phrases that are not capitalized shall have the meaning, if any, given to such words or phrases in the LCRA Law.
If not defined in the LCRA Law, such terms shall be given their plain and ordinary meaning.
The Authority is a public body corporate and politic created by the LCRA Law and is transacting business and exercising the powers granted by the LCRA Law by virtue of Committee Substitute for Ordinance No. 16120, duly passed by the City Council on November 21, 1952.
POWERS The LCRA Law provides for the financing of any land clearance or urban renewal project.
The procedure for tax abatement is set forth in Sections 99.700 to 99.715, RSMo, of the LCRA Law and the tax abatement provided by the Authority under this Contract shall be subject to and in accordance with the LCRA Law.
The LCRA Law also sanctions individuals or entities that, even when not competing in the market under investigation, act as planners, intermediaries or facilitators of an anticompetitive conduct subject to absolute prohibition.
Three main types of conduct are penalized by the LCRA Law: (i) abuse of dominant position, (ii) horizontal collusive practices, and (iii) vertical collusive practices.
Louis (“LCRA”) is authorized and empowered under the LCRA Law to undertake land clearance and urban renewal projects pursuant to redevelopment plans for areas of the City declared blighted or insanitary and in need of redevelopment and to issue bonds to finance the costs of such projects.
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