[Ord. No. 1459, 5-17-2021]
A. 
Notice.
1. 
Not less than ten (10) days before a public hearing to consider a development plan that provides for tax abatement or tax exemption pursuant to Chapter 353, RSMo., the City or its designee shall furnish (by hand delivery or by registered or certified mail, return receipt requested) to the political subdivisions whose boundaries for ad valorem taxation purposes include any portion of the property to be affected by tax abatement:
a. 
Notice of the scheduled public hearing, which shall include:
(1) 
The time, date and place of the public hearing;
(2) 
A general description of the boundaries of the proposed redevelopment area;
(3) 
A general description of the proposed development plan;
(4) 
An invitation to submit comments to the Board of Aldermen prior to the date of the public hearing concerning matters that will be discussed at the public hearing, and to appear at the public hearing and provide comments; and
(5) 
A statement that all interested persons and all political subdivisions will have the opportunity to be heard on such grant of tax abatement or exemption; and
b. 
A written statement of the impact on ad valorem taxes such tax abatement or exemption will have on the political subdivisions, which shall be prepared by or at the direction of the applicant and shall include an estimate of the amount of ad valorem tax revenues of each political subdivision which will be affected by the proposed tax abatement or exemption, based on the estimated assessed valuation of the real property involved as such property would exist before and after it is redeveloped.
B. 
Publication. Following oral or written direction to proceed from the City Clerk or his/her designee shall publish notice in a paper of general circulation, which shall serve as notice to all interested parties in the area of the proposed development plan that a public hearing will be held on a date and time certain, provided that the public hearing shall not be held less than ten (10) days following publication of the notice provided for in this Article.
C. 
Additional Information From Applicant. The applicant for tax abatement or exemption under Chapter 353, RSMo., shall provide or cause to be provided to the City: a complete list of all political subdivisions whose boundaries for ad valorem taxation purposes include any portion of the property to be affected by tax abatement or exemption; the written statement specified in Subsection (A)(1)(b) above, in a form approved by the City Clerk; and any other information deemed necessary by the City Clerk or his/her designee to evaluate the proposed development plan and comply with the requirements of this Article.