[Ord. No. 1847, § 1, 5-4-2000]
When used in this article, the following words shall have the
meaning indicated herein:
ACT
Shall mean the real property tax increment allocation redevelopment
act, sections 99.800 through 99.865, RSMo., as amended.
CITY
Shall mean the mayor and board of aldermen of the city, acting
in their official capacity.
REDEVELOPMENT AREA
Shall mean an area designated by the city in respect to which
the city, upon recommendation of its TIF commission, has made a finding
that there exist conditions which caused the area to be classified
as a blighted area, a conservation area, an economic development area
or a combination thereof.
REDEVELOPMENT PLAN
Shall mean the comprehensive plan for redevelopment of an
area intended by the payment of redevelopment costs to reduce or eliminate
those conditions, the existence of which qualified the redevelopment
area as a blighted area, a conservation area, an economic development
area or a combination thereof, and thereby enhance the tax base of
the taxing districts which extend into the redevelopment areas. Each
redevelopment plan adopted shall conform to the requirements of section
99.810 of the act.
REDEVELOPMENT PROJECT
Shall mean any redevelopment project within a designated
redevelopment area in furtherance of the objectives of the redevelopment
plan.
TIF COMMISSION
Shall mean the tax increment financing commission of the
city, as authorized pursuant to section 99.820 of the act.
[Ord. No. 1847, § 2, 5-4-2000]
There is hereby established a commission to be known as the
tax increment finance commission of the city (TIF commission). All
members of the commission shall serve without compensation.
[Ord. No. 1847, § 3, 5-4-2000]
The TIF commission shall serve as an advisory body to the city
as it relates to the consideration of tax increment financing proposals
submitted by interested parties or initiated by any public agency
in accordance with the act. The TIF commission shall hold public hearings
and give notice pursuant to sections 99.825 and 99.830 of the Act
on proposed redevelopment plans, redevelopment projects and designation
of redevelopment areas and amendments thereto. The TIF commission
shall vote on all proposed redevelopment plans, redevelopment projects
and designations of redevelopment areas and amendments thereto, within
thirty (30) days following completion of a hearing on any such plan,
project, designation or amendment and shall make recommendations to
the city within ninety (90) days of a hearing referred to in section
99.825 of the act concerning adoption of or amendment to redevelopment
plans, redevelopment projects and/or designation of redevelopment
areas.
[Ord. No. 1847, § 4, 5-4-2000]
The TIF commission shall elect from among its number a chairman,
vice-chairman and secretary. Meetings of the TIF commission shall
be open to the public to the extent provided by law and a record of
each meeting shall be kept. The TIF commission shall have the authority
to establish rules and procedures not in conflict with city ordinances
or policies or the act and shall meet as required to fulfill its obligations
set forth in the act.
[Ord. No. 1847, § 5, 5-4-2000]
Membership on the TIF commission shall consist of two classes
of members: city appointees and other appointees. The TIF commission
shall be composed of twelve (12) persons of which six (6) shall be
city appointees and six (6) shall be other appointees. Regardless
of class, each member of the TIF commission shall have one (1) vote
on all matters properly before it and shall participate in all deliberations
of the TIF commission without differentiation.
[Ord. No. 1847, § 6, 5-4-2000]
(a) The city appointees shall be appointed by the mayor with the consent
and approval of the board of aldermen. Any vacancies shall be filled
for the unexpired terms in the same manner as were the original appointments.
(b) Terms of office for city appointees shall be for a term of four (4)
years, except two of the initial appointments shall be for term of
two (2) years and two of the initial appointments shall be for a term
of three (3) years from the date of initial appointment.
[Ord. No. 1847, § 7, 5-4-2000]
(a) Other appointees shall be appointed in accordance with the act when
a redevelopment area, redevelopment plan or redevelopment project
is proposed to be established or amended or at such earlier date as
the city shall invite other affected taxing jurisdictions to do so.
Three (3) of the other appointees shall be appointed by the county
executive with the consent of a majority of the county council in
accord with section 99.820.2(6) of the act, as amended. Two (2) of
the other appointees shall be appointed by the board of education
of the school district(s) whose district(s) is (are) included within
the redevelopment plan or redevelopment area in accord with section
99.820.2(1) of the act, as amended; such members shall be appointed
in any manner agreed upon by such school districts. One (1) other
appointee shall be appointed in accord with section 99.820.2(2) of
the act, as amended, in any manner agreed to by the other affected
taxing jurisdictions levying ad valorem taxes within the contemplated
redevelopment area included in a redevelopment plan. The city shall
not be considered a taxing jurisdiction for purposes of appointment
of this other appointee.
(b) The term of office of the other appointees shall consist of the period
of time from the time that the affected school district(s) and other
affected taxing jurisdictions are notified in writing of a proposed
redevelopment plan or designation of a redevelopment area until final
approval or disapproval of the redevelopment plan, redevelopment project
or designation of a redevelopment area by the city in response to
an initiating proposal.
(c) In the event the appropriate appointing authority, affected school
district(s), or other affected taxing jurisdictions shall fail to
appoint other appointees within thirty (301 days of receipt of written
notice of a proposed redevelopment plan, redevelopment project, designation
of a redevelopment area or amendment thereto, the remaining city appointees
and other appointees may proceed to exercise the power of the TIF
commission as it relates to proposals then before it.