(1) To allow the department to determine the value of the newly taxable property as required under 15-10-420, MCA, a local governing body that authorizes URD bonds, TEDD bonds, or refunding bonds shall, no later than February 1 of each year, provide the department with a copy of each resolution or ordinance required under 7-15-4301, MCA.

(2) A local governing body that retires any bonds secured by tax increment shall, no later than February 1 of each year, notify the department of the retirement.

(3) The documentation required by this rule shall be mailed to the Department of Revenue Legal Services Office at PO Box 7701, Helena, MT 59604-7701, with a copy to the Property Assessment Division at PO Box 8018, Helena, MT 59604-8018.